Shanghai STEP Electric Corporation

Shenzhen Stock Exchange 002527.SZ

Shanghai STEP Electric Corporation Debt to Equity Ratio for the year ending December 31, 2023: 0.82

Shanghai STEP Electric Corporation Debt to Equity Ratio is 0.82 for the year ending December 31, 2023, a -33.60% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Shanghai STEP Electric Corporation Debt to Equity Ratio for the year ending December 31, 2022 was 1.23, a 181.35% change year over year.
Shanghai STEP Electric Corporation Debt to Equity Ratio for the year ending December 31, 2021 was 0.44, a -25.22% change year over year.
Shanghai STEP Electric Corporation Debt to Equity Ratio for the year ending December 31, 2020 was 0.58, a -10.32% change year over year.
Shanghai STEP Electric Corporation Debt to Equity Ratio for the year ending December 31, 2019 was 0.65, a -17.56% 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: 002527.SZ

Shanghai STEP Electric Corporation

CEO	Mr. Fu Gang Li
IPO Date	Dec. 24, 2010
Location	China
Headquarters	No. 289, Xinqin Road
Employees	2,510
Sector	Industrials
Industries Machinery 3D Printing Automobiles & Vehicles Automotive Parts Autonomous Driving Electric Vehicles (EVs) Hardware & Electronics Robotics

Description

Shanghai STEP Electric Corporation manufactures and sells electric drives and motion control products in China and internationally. The company offers industrial robots, servo drives, high/medium/low voltage inverters, integrated controllers, elevator control systems, COP and LOP, elevator wire and cables, Internet of Things, new energy vehicle motor controllers, etc. Its products are used in various industries, such as elevator, harbor crane, hoisting, rubber and plastic, mining, metallurgy, power generation, CNC, packaging, logistics, 3C and automobile, etc. Shanghai STEP Electric Corporation was founded in 1995 and is based in Shanghai, China.

Key trends

Past 5 years