Jiangsu Riying Electronics Co.,Ltd. Posted 13.7 Million Yuan Net Loss in 2022

Jiangsu Riying Electronics Co.,Ltd. (江苏日盈电子股份有限公司) (603286.SH) reported a net loss of 13.7 million yuan in 2022, reversing a net profit of 14.2 million yuan for the previous year.

Meanwhile, the company posted 711.4 million yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 691.4 million yuan in total liabilities, with a liability-to-asset ratio of 59%.