Shenzhen Infinova Limited Posted 1.1 Billion Yuan Net Loss in 2022

Shenzhen Infinova Limited (深圳英飞拓科技股份有限公司) (002528.SZ) reported a net loss of 1.1 billion yuan in 2022, narrowing 23.1% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 37.4% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.