Jiangsu Shagang Co., Ltd.

Shenzhen Stock Exchange 002075.SZ

Jiangsu Shagang Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 1.41

Jiangsu Shagang Co., Ltd. Debt to Equity Ratio is 1.41 for the year ending December 31, 2023, a 332.01% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Jiangsu Shagang Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.33, a 173.67% change year over year.
  • Jiangsu Shagang Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.12, a -24.31% change year over year.
  • Jiangsu Shagang Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.16, a 278.00% change year over year.
  • Jiangsu Shagang Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.04, a -21.57% 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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Shenzhen Stock Exchange: 002075.SZ

Jiangsu Shagang Co., Ltd.

CEO Mr. Hongjian Qian
IPO Date Oct. 25, 2006
Location China
Headquarters Zhongrong Jade Blue Sky Building
Employees 4,366
Sector Materials
Industries
Description

Jiangsu Shagang Co., Ltd. manufactures steel products in China and internationally. It offers bearing steel, spring steel, ball steel, alloy and carbon tube billet steel, marine steel, frog steel, high-quality composite and carbon steel, low-alloy high-strength steel, and other composite steel products. The company also provides steel for measuring tools and drilling tools, hook tail frames, train axles, train wheels, construction machinery, coal mine machinery, cold working and fasteners, drill pipes and collars, gas cylinders, oil well pipes, and mooring chains. In addition, it offers continuous casting round tube billet, non-quenched and tempered free-cutting steel, gear steel, automotive steel, petroleum pipeline steel, and anchor chain steel products, as well as bearing flat, spring flat, car beam flat, fork flat, and other flat steel products; flat steel for moulds; and forging large round billet products. The company's products are used in automobile, equipment manufacturing, construction machinery, energy industry, locomotives, boilers, mining, shipbuilding, rail transportation, and other industries. Jiangsu Shagang Co., Ltd. was formerly known as Jiangsu Huaigang Group Co. Ltd. The company was founded in 1970 and is based in Shanghai, China.

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StockViz Staff

January 15, 2025

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