SGIS Songshan Co., Ltd.

Shenzhen Stock Exchange 000717.SZ

SGIS Songshan Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.30

SGIS Songshan Co., Ltd. Debt to Equity Ratio is 0.30 for the year ending December 31, 2023, a 11.41% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

SGIS Songshan Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.27, a 2.74% change year over year.
SGIS Songshan Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.26, a 45.82% change year over year.
SGIS Songshan Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.18, a -56.06% change year over year.
SGIS Songshan Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.40, a -35.66% 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: 000717.SZ

SGIS Songshan Co., Ltd.

CEO	Mr. Xiaomin Lai
IPO Date	May 8, 1997
Location	China
Headquarters	Maba
Employees	5,262
Sector	Materials
Industries Steel Coal Metals Mining

Description

SGIS Songshan Co., Ltd. engages in the iron and steel business in China. The company offers iron and steel products, metal products, coke, and coal chemical products, as well as technical development, transfer, introduction, and consulting services. It also sells mineral products and coal. The company was founded in 1997 and is based in Shaoguan, China. SGIS Songshan Co., Ltd. is a subsidiary of Baowu Group Zhongnan Iron and Steel Co., Ltd.

Key trends

Past 5 years