Jinke Property Group Co.,Ltd. Posted 23.7 Billion Yuan Net Loss in 2022

Jinke Property Group Co.,Ltd. (金科地产集团股份有限公司) (000656.SZ) reported a net loss of 23.7 billion yuan in 2022, reversing a net profit of 6.7 billion yuan for the previous year.

Meanwhile, the company posted 54.9 billion yuan in revenue, down 51.2% year-on-year.

At the end of the reporting period, it had 299.5 billion yuan in total assets and 260.6 billion yuan in total liabilities, with a liability-to-asset ratio of 87%.