Shenzhen Desay Battery Technology Co., Ltd.

Shenzhen Stock Exchange 000049.SZ

Shenzhen Desay Battery Technology Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 3.41%

Shenzhen Desay Battery Technology Co., Ltd. Return on Assets (ROA) is 3.41% for the year ending December 31, 2023, a -50.81% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Shenzhen Desay Battery Technology Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 6.92%, a -6.03% change year over year.
Shenzhen Desay Battery Technology Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 7.37%, a -0.58% change year over year.
Shenzhen Desay Battery Technology Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was 7.41%, a -3.00% change year over year.
Shenzhen Desay Battery Technology Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 7.64%, a 67.87% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shenzhen Stock Exchange: 000049.SZ

Shenzhen Desay Battery Technology Co., Ltd.

CEO	Mr. Wenbin He
IPO Date	March 20, 1995
Location	China
Headquarters	Daoxing Technology Building
Employees	10,939
Sector	Materials
Industries Lithium Automobiles & Vehicles Electric Vehicles (EVs) Energy Storage & Batteries Hardware & Electronics Solar Energy

Description

Shenzhen Desay Battery Technology Co., Ltd. operates in lithium battery industry in China and internationally. It engages in the small and medium lithium battery packaging and integration business, as well as large-scale power battery, energy storage battery, other power management systems, and packaging integration businesses. The company also provides small and medium mobile power management systems. It serves consumer electronics manufacturers. The company was formerly known as Shenzhen Worldsun Enterprise Co., Ltd. and changed its name to Shenzhen Desay Battery Technology Co., Ltd. in June 2005. Shenzhen Desay Battery Technology Co., Ltd. was founded in 1985 and is based in Shenzhen, China.

Key trends

Past 5 years