Shenzhen China Micro Semicon Co.,Ltd.’s Net Profit Dropped 92.5% in 2022

Shenzhen China Micro Semicon Co.,Ltd. (中微半导体(深圳)股份有限公司) (688380.SH) reported a net profit of 59.2 million yuan in 2022, down 92.5% year-on-year.

Meanwhile, the company posted 636.8 million yuan in revenue, down 42.6% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 181.3 million yuan in total liabilities, with a liability-to-asset ratio of 5.4%.