Huagong Tech Company Limited

Shenzhen Stock Exchange 000988.SZ

Huagong Tech Company Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.28

Huagong Tech Company Limited Debt to Equity Ratio is 0.28 for the year ending December 31, 2023, a -22.88% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Huagong Tech Company Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.36, a 42.49% change year over year.
  • Huagong Tech Company Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.26, a 82.02% change year over year.
  • Huagong Tech Company Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.14, a 24.80% change year over year.
  • Huagong Tech Company Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.11, a 26.35% 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: 000988.SZ

Huagong Tech Company Limited

CEO Mr. Xinqiang Ma
IPO Date June 8, 2000
Location China
Headquarters HUST Science and Technology Park
Employees 8,179
Sector Materials
Industries
Description

Huagong Tech Company Limited manufactures and sells laser equipment, optical communication devices, laser holographic anti-counterfeiting products, and sensors and information tracing in North America, the European Union, East Asia, South Asia, and Central and West Asia. The company offers laser smart equipment, such as laser marking, laser cutting, laser surface treatment, laser welding, and plasma cutting equipment, as well as specialized equipment; and hologram products, including hologram stickers, hot stamping foils, security hologram, packing hologram, metalized paper, and barcode products. It also provides optical communication transreceivers; automotive electronic products; PTC motor starting thermistors; NTC series temperature sensors; and PTC series thermistors, heating components and devices, heaters, and heating chips. In addition, the company offers omni-channel marketing management systems; traceability systems; smart agriculture products; government traceability and supervision platform; WMS and intelligent logistics distribution systems; data acquisition systems; and transferring and laminating films, and cold stamping foils. It offers its products for applications in home appliance, automobile, OA, medical, consumer electronics, and aerospace fields. Huagong Tech Company Limited was founded in 1999 and is headquartered in Wuhan, China.

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StockViz Staff

January 30, 2025

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