Zhejiang Wanma Co., Ltd.

Shenzhen Stock Exchange 002276.SZ

Zhejiang Wanma Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.22

Zhejiang Wanma Co., Ltd. Debt to Equity Ratio is 0.22 for the year ending December 31, 2023, a -41.02% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Zhejiang Wanma Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.38, a 30.28% change year over year.
Zhejiang Wanma Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.29, a 97.97% change year over year.
Zhejiang Wanma Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.15, a -41.97% change year over year.
Zhejiang Wanma Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.25, a -32.33% 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: 002276.SZ

Zhejiang Wanma Co., Ltd.

CEO	Mr. Gang Li
IPO Date	July 10, 2009
Location	China
Headquarters	Wanma Innovation Park
Employees	5,550
Sector	Communication Services
Industries Telecommunications & Networking

Description

Zhejiang Wanma Co., Ltd. engages in the manufacture and sale of communication cables in China and internationally. It offers power, XLPE insulated, medium and low voltage, fire-resistant, civil building, and other cables. The company also provides coaxial cables, indoor and outdoor optical cables, security data cables, component cables, etc. Its cables are used in industrial robots, semiconductor equipment, lithium battery manufacturing, lithography machines, industrial automation assembly lines, construction machinery, medical equipment, textile machinery, food machinery, and other automated intelligent precision equipment. Zhejiang Wanma Co., Ltd. was founded in 1996 and is based in Hangzhou, China.

Key trends

Past 5 years