Smartsens Technology(Shanghai) Co.,Ltd. Posted 82.7 Million Yuan Net Loss in 2022

Smartsens Technology(Shanghai) Co.,Ltd. (思特威(上海)电子科技股份有限公司) (688213.SH) reported a net loss of 82.7 million yuan in 2022, reversing a net profit of 398.3 million yuan for the previous year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 7.7% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.4%.