Tech-Bank Food Co., Ltd.

Shenzhen Stock Exchange 002124.SZ

Tech-Bank Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 2.16

Tech-Bank Food Co., Ltd. Debt to Equity Ratio is 2.16 for the year ending December 31, 2023, a 14.85% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Tech-Bank Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 1.88, a -18.39% change year over year.
  • Tech-Bank Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 2.30, a 745.58% change year over year.
  • Tech-Bank Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.27, a -64.39% change year over year.
  • Tech-Bank Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.76, a 0.25% 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: 002124.SZ

Tech-Bank Food Co., Ltd.

CEO Mr. Banghui Zhang
IPO Date April 3, 2007
Location China
Headquarters Xinyan Building
Employees 8,766
Sector Consumer Staples
Industries
Description

Tech-bank Food Co., Ltd., together with its subsidiaries, engages in the agriculture and animal husbandry businesses in China and internationally. The company operates through five segments: Aquatic Feed, Biological Products, Pig-Breeding, Fresh Food, and Engineering Construction. It offers shrimp, crab, turtle, frog, fish, and other marine products, as well as supplies green food production materials. The company also provides pathogenic PRRS cell suspension culture heat-resistant protective agent live vaccine (JAX1-R Strain), avian influenza (H9) cell suspension inactivated vaccine, and other vaccine products for the animal vaccine industry, as well as livestock and poultry products. In addition, it offers pig gene products; and various food products, including caviars, hairy crabs, crystal shrimps, and yellow croaker products. Further, Tech-bank Food Co., Ltd. engages in pork and seafood processing activities; and provides engineering construction services, which include plan, design, construction, and management of projects. The company was formerly known as Ningbo Tech-Bank Co., Ltd. and changed its name to Tech-bank Food Co., Ltd. in May 2017. Tech-bank Food Co., Ltd. was founded in 1996 and is based in Shanghai, China.

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StockViz Staff

January 30, 2025

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