Jikai Equipment Manufacturing Co., Ltd.

Shenzhen Stock Exchange 002691.SZ

Jikai Equipment Manufacturing Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.12

Jikai Equipment Manufacturing Co., Ltd. Debt to Equity Ratio is 0.12 for the year ending December 31, 2023, a 30.27% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Jikai Equipment Manufacturing Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.09, a -4.11% change year over year.
Jikai Equipment Manufacturing Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.10, a 19.53% change year over year.
Jikai Equipment Manufacturing Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.08, a 2.10% change year over year.
Jikai Equipment Manufacturing Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.08, a 0.00% 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: 002691.SZ

Jikai Equipment Manufacturing Co., Ltd.

CEO	Mr. Bo Sun
IPO Date	July 31, 2012
Location	China
Headquarters	No.418 Xiangjiang Road
Employees	741
Sector	Industrials
Industries Machinery Drilling Mining

Description

Jikai Equipment Manufacturing Co., Ltd. researches, develops, manufactures, sells, and services mining machinery and equipment in China. It offers supporting equipment, such as machines and tools used for drilling, mixing, and installing bolts and cables in coal mine tunnel support construction; safety drilling rigs used in underground coal mines for gas drainage, water exploration, pressure relief prevention, and geological exploration drilling construction; tunneling machines used for tunneling the working face; and transportation machinery, such as cast scraper conveyors used for coal transportation. The company was formerly known as Shijiazhuang China Coal Equipment Manufacturing Co., Ltd. Jikai Equipment Manufacturing Co., Ltd. was founded in 2003 and is based in Shijiazhuang, the People's Republic of China.

Key trends

Past 5 years