Shenzhen Aoto Electronics Co.,Ltd.’s Net Profit Dropped 39.6% in 2022

Shenzhen Aoto Electronics Co.,Ltd. (深圳市奥拓电子股份有限公司) (002587.SZ) reported a net profit of 19.6 million yuan in 2022, down 39.6% year-on-year.

Meanwhile, the company posted 923.8 million yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 876.3 million yuan in total liabilities, with a liability-to-asset ratio of 38.8%.