Kangda New Materials (Group) Co., Ltd.

Shenzhen Stock Exchange 002669.SZ

Kangda New Materials (Group) Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.83

Kangda New Materials (Group) Co., Ltd. Debt to Equity Ratio is 0.83 for the year ending December 31, 2023, a 98.08% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Kangda New Materials (Group) Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.42, a 45.65% change year over year.
Kangda New Materials (Group) Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.29, a 29.74% change year over year.
Kangda New Materials (Group) Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.22, a 242.32% change year over year.
Kangda New Materials (Group) Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.06, a -10.04% 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: 002669.SZ

Kangda New Materials (Group) Co., Ltd.

CEO	Mr. Qisheng Yao
IPO Date	April 16, 2012
Location	China
Headquarters	No. 169, Leizhou Road
Employees	1,526
Sector	Materials
Industries Chemicals & Advanced Materials Construction Materials Plastics

Description

Kangda New Materials (Group) Co., Ltd. engages in the research and development, manufacture, and sale of adhesives and sealants in the People's Republic of China. It offers acrylate adhesive, organic silica gel, epoxy resin adhesive, modified acrylate adhesive, polyurethane adhesive, PUR hot melt adhesive, SBS adhesive, etc. The company's products are primarily used in wind turbine blade manufacturing, soft material composite packaging, rail transit, and ship engineering, as well as automotive, electronic appliances, construction, machinery and equipment and industrial maintenance, and other fields. In addition, it provides technical support and after-sale services. The company was formerly known as Shanghai Kangda New Materials Group Co., Ltd. and changed its name to Kangda New Materials (Group) Co., Ltd. in July 2021. Kangda New Materials (Group) Co., Ltd. was founded in 1988 and is based in Shanghai, the People's Republic of China.

Key trends

Past 5 years