Shenzhen Minkave Technology Co.,Ltd. Posted 474.9 Million Yuan Net Loss in 2022

Shenzhen Minkave Technology Co.,Ltd. (深圳市名家汇科技股份有限公司) (300506.SZ) reported a net loss of 474.9 million yuan in 2022, narrowing 12.4% year-on-year.

Meanwhile, the company posted 123 million yuan in revenue, down 77.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.7%.