Shenzhen Techwinsemi Technology Co.,Ltd.’s Net Profit Dropped 61.7% in 2023

Shenzhen Techwinsemi Technology Co.,Ltd. (深圳市德明利技术股份有限公司) (001309.SZ) reported a net profit of 25.8 million yuan in 2023, down 61.7% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 49.2% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65.8%.