Guangzhou Zhiguang Electric Co.,Ltd.’s Net Profit Dropped 88.2% in 2022

Guangzhou Zhiguang Electric Co.,Ltd. (广州智光电气股份有限公司) (002169.SZ) reported a net profit of 32.1 million yuan in 2022, down 88.2% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 24.5% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 46.8%.