Shanghai Sinyang Semiconductor Materials Co.,Ltd.’s Net Profit Dropped 35.6% in 2022

Shanghai Sinyang Semiconductor Materials Co.,Ltd. (上海新阳半导体材料股份有限公司) (300236.SZ) reported a net profit of 56.9 million yuan in 2022, down 35.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 17.6% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 26.1%.