Zhejiang RIFA Precision Machinery Co., Ltd.

Shenzhen Stock Exchange 002520.SZ

Zhejiang RIFA Precision Machinery Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: -71.49%

Zhejiang RIFA Precision Machinery Co., Ltd. Return on Equity (ROE) is -71.49% for the year ending December 31, 2023, a -3.31% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Zhejiang RIFA Precision Machinery Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was -69.20%, a -4,860.90% change year over year.
Zhejiang RIFA Precision Machinery Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 1.45%, a -61.01% change year over year.
Zhejiang RIFA Precision Machinery Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 3.73%, a -39.66% change year over year.
Zhejiang RIFA Precision Machinery Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 6.18%, a 18.89% 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: 002520.SZ

Zhejiang RIFA Precision Machinery Co., Ltd.

CEO	Mr. Pengfei Ren
IPO Date	Dec. 10, 2010
Location	China
Headquarters	Nanyan Industry Zone
Employees	1,318
Sector	Industrials
Industries Machinery Mining

Description

Zhejiang RIFA Precision Machinery Co., Ltd. manufactures and sells CNC machine tools in China the United States, France, Poland, Japan, and internationally. The company offers CNC vertical and horizontal machining centers, CNC vertical and horizontal lathes, CNC gantry machining centers, floor type boring milling machines, automatic bearing systems, deep grove ball bearing grinding machines, and specialized grinding machines. It serves boiler, mining, and wind industries. The company was founded in 1998 and is based in Xinchang, China.

Key trends

Past 5 years