Shenzhen New Nanshan Holding(Group) Co.,Ltd.’s Net Profit Dropped 16.6% in 2022

Shenzhen New Nanshan Holding(Group) Co.,Ltd. (深圳市新南山控股(集团)股份有限公司) (002314.SZ) reported a net profit of 781.5 million yuan in 2022, down 16.6% year-on-year.

Meanwhile, the company posted 12.2 billion yuan in revenue, up 8.7% year-on-year.

At the end of the reporting period, it had 69.3 billion yuan in total assets and 51.1 billion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.