Cngr Advanced Material Co.,Ltd.’s Net Profit Rose 63.5% in 2022

Cngr Advanced Material Co.,Ltd. (中伟新材料股份有限公司) (300919.SZ) reported a net profit of 1.5 billion yuan in 2022, up 63.5% year-on-year.

Meanwhile, the company posted 30.3 billion yuan in revenue, up 51.2% year-on-year.

At the end of the reporting period, it had 53.9 billion yuan in total assets and 33.5 billion yuan in total liabilities, with a liability-to-asset ratio of 62.2%.