Hongbo Co., Ltd.

Shenzhen Stock Exchange 002229.SZ

Hongbo Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.34

Hongbo Co., Ltd. Debt to Equity Ratio is 0.34 for the year ending December 31, 2023, a 27.48% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Hongbo Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.27, a 16.15% change year over year.
Hongbo Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.23, a 215.21% change year over year.
Hongbo Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.07, a 12.34% change year over year.
Hongbo Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.07, a -32.39% 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: 002229.SZ

Hongbo Co., Ltd.

CEO	Mr. Honglei Li
IPO Date	May 8, 2008
Location	China
Headquarters	Block B, Guanhai, Hongbo Meiling
Employees	1,216
Sector	Materials
Industries Paper & Forest Products Publishing & Broadcasting

Description

Hongbo Co., Ltd. engages in the security printing business in China. It is also involved in the color printing of boutique albums, books, magazines, and posters; development, production, and sale of smart cards; and import and sale of olive oil and red wine. The company develops, produces, and sells Internet of Things applications and related derivative products in the fields of alcohol traceability, lottery, and smart cards; and engages in the lottery and packaging businesses. The company was formerly known as Fujian Hongbo Printing Co., Ltd. and changed its name to Hongbo Co., Ltd. in August 2013. Hongbo Co., Ltd. was founded in 1999 and is headquartered in Fuzhou, China.

Key trends

Past 5 years