Qingdao Weflo Valve Co., Ltd.

Shenzhen Stock Exchange 002871.SZ

Qingdao Weflo Valve Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.06

Qingdao Weflo Valve Co., Ltd. Debt to Equity Ratio is 0.06 for the year ending December 31, 2023, a 34.57% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Qingdao Weflo Valve Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.04, a -14.79% change year over year.
Qingdao Weflo Valve Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.05, a -35.81% change year over year.
Qingdao Weflo Valve Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.07, a 35.73% change year over year.
Qingdao Weflo Valve Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.06, a -34.55% 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: 002871.SZ

Qingdao Weflo Valve Co., Ltd.

CEO	Mr. Huijun Li
IPO Date	May 11, 2017
Location	China
Headquarters	North end of Baoyuan Road
Employees	698
Sector	Consumers Staples
Industries Cleaning Supplies Automotive Parts Composite Materials Glass Hardware & Electronics Plastics Pollution Treatment Utilities

Description

Qingdao Weflo Valve Co., Ltd. designs, manufactures, and sells valve and fire hydrant products for the fire protection, waterworks, HVAC, and industrial markets worldwide. It offers fire protection, check, gate, pressure and air relief, ball, pressure reducing, plug, flap, plunger, globe, butterfly, balancing, and foot valves, as well as strainers, backflow prevention devices, and rubber expansion joints. The company is based in Qingdao, China.

Key trends

Past 5 years