Guangdong Qunxing Toys Joint-Stock Co.,Ltd.’s Net Profit Dropped 40.9% in 2022

Guangdong Qunxing Toys Joint-Stock Co.,Ltd. (广东群兴玩具股份有限公司) (002575.SZ) reported a net profit of 11.7 million yuan in 2022, down 40.9% year-on-year.

Meanwhile, the company posted 85 million yuan in revenue, up 65.9% year-on-year.

At the end of the reporting period, it had 822 million yuan in total assets and 27.1 million yuan in total liabilities, with a liability-to-asset ratio of 3.3%.