Hangzhou Sdic Microelectronics Inc.’s Net Profit Dropped 71.4% in 2022

Hangzhou Sdic Microelectronics Inc. (杭州晶华微电子股份有限公司) (688130.SH) reported a net profit of 22.1 million yuan in 2022, down 71.4% year-on-year.

Meanwhile, the company posted 111 million yuan in revenue, down 36% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 36.2 million yuan in total liabilities, with a liability-to-asset ratio of 2.7%.