泽景电子更新招股书，2025年前五个月亏损扩大

Core Viewpoint - Jiangsu Zejing Automotive Electronics Co., Ltd. (referred to as "Zejing Electronics") is progressing with its IPO application on the Hong Kong Stock Exchange, with Cathay Pacific Securities and CITIC Securities as joint sponsors [2][3]. Financial Performance - Zejing Electronics reported revenues of RMB 214 million, RMB 549 million, and RMB 578 million for the years 2022, 2023, and 2024 respectively, with losses attributable to shareholders of RMB 252 million, RMB 182 million, and RMB 143 million for the same years [3][4]. - For the first five months of 2025, the company achieved revenue of RMB 262 million, a year-on-year increase of 17.87%, while the loss attributable to shareholders was RMB 246 million, compared to a loss of RMB 105 million in the same period last year [3][4]. Financial Ratios - The company’s asset-liability ratios were reported at 246%, 213.8%, 215.6%, and 251.7% for the years 2022, 2023, 2024, and the first five months of 2025 respectively [4][5]. - The gross profit margins for the years 2022, 2023, 2024, and the first five months of 2025 were 22.6%, 25.6%, 27.3%, and 25.7% respectively [5]. - Current ratios were 31.7%, 38.4%, 41.2%, and 33.7% for the same periods, indicating a strong liquidity position [5].