Weihai Huadong Automation Co., Ltd

Shenzhen Stock Exchange 002248.SZ

Weihai Huadong Automation Co., Ltd Return on Equity (ROE) for the year ending December 31, 2023: -26.46%

Weihai Huadong Automation Co., Ltd Return on Equity (ROE) is -26.46% for the year ending December 31, 2023, a -337.58% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Weihai Huadong Automation Co., Ltd Return on Equity (ROE) for the year ending December 31, 2022 was 11.14%, a -37.21% change year over year.
Weihai Huadong Automation Co., Ltd Return on Equity (ROE) for the year ending December 31, 2021 was 17.73%, a 107.36% change year over year.
Weihai Huadong Automation Co., Ltd Return on Equity (ROE) for the year ending December 31, 2020 was -240.99%, a -2,485.74% change year over year.
Weihai Huadong Automation Co., Ltd Return on Equity (ROE) for the year ending December 31, 2019 was 10.10%, a 101.83% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Shenzhen Stock Exchange: 002248.SZ

Weihai Huadong Automation Co., Ltd

CEO	Mr. Haibo Wang
IPO Date	June 4, 2008
Location	China
Headquarters	698 Huanshan Road
Employees	341
Sector	Industrials
Industries Machinery

Description

Weihai Huadong Automation Co., Ltd develops, manufactures, and sells CNC systems, CNC machine tools, and related parts in China. It provides cutting tools, hand tools, metal cutting machine tools, machine tool accessories, hydraulic parts, pneumatic components, electric tools, motors, electrical components, and industrial automation instruments. Its products also include cylindrical grinding machines; universal radial milling machines; dynamic and static pressure spindles; surface grinders; vertical and horizontal milling machines; gantry grinding and milling machines; milling machines; and functional accessories. The company was founded in 2002 and is based in Weihai, China.

Key trends

Past 5 years