Weichai Heavy Machinery Co., Ltd.

Shenzhen Stock Exchange 000880.SZ

Weichai Heavy Machinery Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.48

Weichai Heavy Machinery Co., Ltd. Debt to Equity Ratio is 0.48 for the year ending December 31, 2023, a 21,473.52% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Weichai Heavy Machinery Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.00, a -76.92% change year over year.
  • Weichai Heavy Machinery Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.01, a -98.15% change year over year.
  • Weichai Heavy Machinery Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.53, a 1,499.85% change year over year.
  • Weichai Heavy Machinery Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.03, a 131.16% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Shenzhen Stock Exchange: 000880.SZ

Weichai Heavy Machinery Co., Ltd.

CEO Mr. Tao Wen
IPO Date April 2, 1998
Location China
Headquarters No.17, Binhai Eco & Tech Dev Zn
Employees 1,853
Sector Industrials
Industries
Description

Weichai Heavy Machinery Co., Ltd. develops, manufactures, and sells diesel engines, generating units, and power integration systems for ship power and power generation equipment in China. It offers marine propulsion engines, generator sets, emergency generator sets, and power plant generator systems. The company also provides spare parts and components, such as rough castings; machined parts for engine bodies, cylinder heads, flywheels, front and bearing covers, connecting rods, and crankshafts; and stamping and welding parts, including oil pans, separators, oil gauge tubes, air compressor return tubings, pipes, cover plates, pipe clips, nozzles, retaining rings, brackets, collector filters, and preseparators. Its products are used in the defense, communication, petroleum, medical treatment, plateau, railway, field education and assistance, agriculture, and animal husbandry fields. The company was founded in 1993 and is based in Weifang, China.

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StockViz Staff

February 1, 2025

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