China High-Speed Railway Technology Co., Ltd.

Shenzhen Stock Exchange 000008.SZ

China High-Speed Railway Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.89

China High-Speed Railway Technology Co., Ltd. Debt to Equity Ratio is 0.89 for the year ending December 31, 2023, a 5.31% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

China High-Speed Railway Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.84, a -2.66% change year over year.
China High-Speed Railway Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.87, a 39.40% change year over year.
China High-Speed Railway Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.62, a 104.43% change year over year.
China High-Speed Railway Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.30, a 105.74% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shenzhen Stock Exchange: 000008.SZ

China High-Speed Railway Technology Co., Ltd.

CEO	Mr. Lingsheng Kong
IPO Date	May 7, 1992
Location	China
Headquarters	Zhongkun Plaza
Employees	2,160
Sector	Industrials
Industries Railways Machinery Rail Freight

Description

China High-Speed Railway Technology Co., Ltd. operates in the high-speed railway and urban rail transit operation maintenance equipment manufacturing industry. The company offers intelligent inspection robots on vehicle's bottom and roof area, EMU and locomotive online mobile rim spoke ultrasonic flaw detectors, double track ultrasonic flaw detection vehicles, intelligent permanent way disaster detecting systems, data repair systems, power supply system BIM platform, multi-channel big data wireless transmission systems, dispatch emergency command systems, EMU bogie maintenance line system integration, EMU online mobile wheel rim and wheel spoke detection systems, fixed hollow shaft ultrasonic detecting machines, mobile hollow shaft ultrasonic detectors, EMU oil monitoring systems, EMU bogie dynamic load test stands, and EMU bogie static load test stands. It also provides system integration of EMU wheel axle and wheel set maintenance lines, wheel set dimension measuring machines, maglev train maintenance system integration, rolling stock wash plants, wheel malfunction online detection systems, rain running fault 3D image detecting systems, onboard test systems of contact line operation conditions, test and monitoring systems of contact line hanging, running preparation comprehensive information management systems, EMU shunting safety monitoring systems, computer interlocking systems, overload/unbalanced load detection devices, steel rail welding joint CNC milling machine tools, and model rail replacement devices. The company was formerly known as Beijing Sheenline Group Co., Ltd. and changed its name to China High-Speed Railway Technology Co., Ltd. in 2014. China High-Speed Railway Technology Co., Ltd. was founded in 1989 and is headquartered in Beijing, China.

Key trends

Past 5 years