Shenzhen Dynanonic Co.,Ltd. Posted 1.2 Billion Yuan Net Loss in First Three Quarters of 2023

Shenzhen Dynanonic Co.,Ltd. (深圳市德方纳米科技股份有限公司) (300769.SZ) reported a net loss of 1.2 billion yuan in the first three quarters of 2023, reversing a net profit of 1.8 billion yuan for the same period in the previous year.

Meanwhile, the company posted 14.3 billion yuan in revenue, down 0.8% year-on-year.

At the end of the reporting period, it had 24.6 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 61.6%.