Yantai Tayho Advanced Materials Co., Ltd.

Shenzhen Stock Exchange 002254.SZ

Yantai Tayho Advanced Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.30

Yantai Tayho Advanced Materials Co., Ltd. Debt to Equity Ratio is 0.30 for the year ending December 31, 2023, a -49.93% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Yantai Tayho Advanced Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.61, a 7.77% change year over year.
  • Yantai Tayho Advanced Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.56, a 35.70% change year over year.
  • Yantai Tayho Advanced Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.42, a 8.01% change year over year.
  • Yantai Tayho Advanced Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.39, a 6,996.95% 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: 002254.SZ

Yantai Tayho Advanced Materials Co., Ltd.

CEO Mr. Haiping Chi
IPO Date June 17, 2008
Location China
Headquarters No. 10 Heilongjiang Road
Employees 3,048
Sector Materials
Industries
Description

Yantai Tayho Advanced Materials Co., Ltd. engages in the research and development, production, and sale of high-tech fibers in China. The company offers Newstar Spandex, a polyurethane elastic fiber that is used in underwear, socks, tights, sportswear, swimwear, laces, and suits, as well as in medical and hygiene textiles, and automotive interiors. It also provides Newstar Meta-aramid, an aromatic polyamide fiber, which is used in aerospace, high-speed trains, firefighter apparels, training uniforms, work wear, environmental protection, industrial high-temperature materials, automobile hoses, senior sound dampers, electrical insulation, and other areas. In addition, the company offers Taparan Para-aramid fibers for use in various applications, including rubber tube structures, strengthening fabrics, tire cords, packing, sealing, optical cable reinforcement, etc.; Tametar anti-static fibers for use in 3T fabric, industrial filtration, and anti-static fabric applications; and Metastar Aramid papers. The company was formerly known as Yantai Spandex Co., Ltd. and changed its name to Yantai Tayho Advanced Materials Co., Ltd. in September 2011. Yantai Tayho Advanced Materials Co., Ltd. was incorporated in 1993 and is based in Yantai, China.

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StockViz Staff

January 15, 2025

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