Xianhui Technology's performance in 2023 was outstanding, with net profit increasing year-on-year

According to the latest 2023 annual performance report, Xianhui Technology achieved a total operating income of 2.449 billion yuan, a year-on-year increase of 35.69%; net profit and non-net profit were 41.1876 million yuan and 29.5561 million yuan respectively, turning losses into profits year-on-year. This achievement was achieved thanks to the inclusion of the company's holding subsidiary Fujian Dongheng into the scope of consolidation since the third quarter of 2022, and the company's continued promotion of "cost reduction and efficiency improvement" measures. However, the increase in the company's debt-to-asset ratio is also worthy of attention, from 21.40% at the end of 2020 to 69.97% at the end of 2022, and 67.93% at the end of September 2023.