New Hope Liuhe Co.,Ltd.

Shenzhen Stock Exchange 000876.SZ

New Hope Liuhe Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 2.85

New Hope Liuhe Co.,Ltd. Debt to Equity Ratio is 2.85 for the year ending December 31, 2023, a 20.16% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

New Hope Liuhe Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 2.37, a 15.31% change year over year.
New Hope Liuhe Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 2.06, a 114.78% change year over year.
New Hope Liuhe Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.96, a 28.49% change year over year.
New Hope Liuhe Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.75, a 32.92% 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: 000876.SZ

New Hope Liuhe Co.,Ltd.

CEO	Mr. Minggui Zhang
IPO Date	March 11, 1998
Location	China
Headquarters	No. 376, Jinshi Road
Employees	50,517
Sector	Consumer Staples
Industries Agriculture Pet Food

Description

New Hope Liuhe Co., Ltd., together with its subsidiaries, engages in feed, white-feathered poultry, pig farming, and food businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore, Egypt, and internationally. It offers poultry, swine, aquatic, and ruminant feed products; and white-feathered broilers and meat ducks. The company is also involved breeding pig propagation and commercial pig fattening; and pig slaughtering, deep processing of meat products, central kitchen, and other activities. The company was formerly known as Sichuan New Hope Agribusiness Co., Ltd. New Hope Liuhe Co., Ltd. was incorporated in 1998 and is headquartered in Chengdu, China.

Key trends

Past 5 years