Guangdong Vanward New Electric Co., Ltd.

Shenzhen Stock Exchange 002543.SZ

Guangdong Vanward New Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 12.52%

Guangdong Vanward New Electric Co., Ltd. Return on Equity (ROE) is 12.52% for the year ending December 31, 2023, a -1.73% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Guangdong Vanward New Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 12.74%, a 42.53% change year over year.
Guangdong Vanward New Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 8.94%, a -40.58% change year over year.
Guangdong Vanward New Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 15.04%, a -6.14% change year over year.
Guangdong Vanward New Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 16.02%, a 7.66% 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: 002543.SZ

Guangdong Vanward New Electric Co., Ltd.

CEO	Mr. Yu Hua Xie
IPO Date	Jan. 28, 2011
Location	China
Headquarters	No. 13, Jianye Mid-Road
Employees	4,803
Sector	Utilities
Industries Utility Home Improvement

Description

Guangdong Vanward New Electric Co., Ltd. researches, develops, manufactures, and sells water heaters and kitchen appliances in China and internationally. It offers gas water heaters, gas boilers, and electric water heaters; heat pumps and electric fireplaces; and range hoods, ovens, hobs, outdoor gas products, and small home appliances. The company was founded in 1993 and is headquartered in Foshan, China.

Key trends

Past 5 years