Guangdong No.2 Hydropower Engineering Company, Ltd.

Shenzhen Stock Exchange 002060.SZ

Guangdong No.2 Hydropower Engineering Company, Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 2.48

Guangdong No.2 Hydropower Engineering Company, Ltd. Debt to Equity Ratio is 2.48 for the year ending December 31, 2023, a -53.97% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Guangdong No.2 Hydropower Engineering Company, Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 5.39, a 27.62% change year over year.
Guangdong No.2 Hydropower Engineering Company, Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 4.22, a 11.75% change year over year.
Guangdong No.2 Hydropower Engineering Company, Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 3.78, a -0.91% change year over year.
Guangdong No.2 Hydropower Engineering Company, Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 3.81, a 13.89% 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: 002060.SZ

Guangdong No.2 Hydropower Engineering Company, Ltd.

CEO	Mr. Yan Hui Xie
IPO Date	Aug. 10, 2006
Location	China
Headquarters	Hydropower Plaza, Building 1
Employees	16,320
Sector	Industrials
Industries Construction Hydro Energy Renewables

Description

Guangdong No.2 Hydropower Engineering Company, Ltd. operates in the construction industry in China. The company constructs water conservancy, hydropower, and rail transit projects; wind power towers; and engages in the hydropower, wind power, and solar photovoltaic clean energy power generation business, as well as manufactures photovoltaic support equipment. Guangdong No.2 Hydropower Engineering Company, Ltd. was founded in 2001 and is based in Guangzhou, China.

Key trends

Past 5 years