Guangzhou Pearl River Piano Group Co.,Ltd

Shenzhen Stock Exchange 002678.SZ

Guangzhou Pearl River Piano Group Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2023: 0.08

Guangzhou Pearl River Piano Group Co.,Ltd Debt to Equity Ratio is 0.08 for the year ending December 31, 2023, a -49.64% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Guangzhou Pearl River Piano Group Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2022 was 0.16, a 30.92% change year over year.
Guangzhou Pearl River Piano Group Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2021 was 0.12, a -4.90% change year over year.
Guangzhou Pearl River Piano Group Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2020 was 0.12, a -1.56% change year over year.
Guangzhou Pearl River Piano Group Co.,Ltd Debt to Equity Ratio for the year ending December 31, 2019 was 0.13, a 26.79% 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: 002678.SZ

Guangzhou Pearl River Piano Group Co.,Ltd

CEO	Mr. Wei Xiao
IPO Date	May 30, 2012
Location	China
Headquarters	Yu Wei Xi Road
Employees	2,861
Sector	Consumer Discretionary
Industries Musical Instruments Alcoholic Beverages Bread & Bakery Cleaning Supplies Consumer Packaged Goods Glass Luxury Goods Personal Care

Description

Guangzhou Pearl River Piano Group Co.,Ltd. manufactures and sells pianos in China. The company also exports its products to approximately 100 countries and regions. It offers pianos under the Kayserburg, Ritmuller, Jingzhu, and Pearl River brand names. The company was founded in 1967 and is based in Guangzhou, China.

Key trends

Past 5 years