Zhejiang Jinfei Kaida Wheel Co.,Ltd.’s Net Profit Dropped 16.6% in 2022

Zhejiang Jinfei Kaida Wheel Co.,Ltd. (浙江今飞凯达轮毂股份有限公司) (002863.SZ) reported a net profit of 113.8 million yuan in 2022, down 16.6% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 67.5%.