Runjian Co., Ltd.

Shenzhen Stock Exchange 002929.SZ

Runjian Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.36

Runjian Co., Ltd. Debt to Equity Ratio is 0.36 for the year ending December 31, 2023, a -41.76% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Runjian Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.62, a 17.03% change year over year.
  • Runjian Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.53, a 42.18% change year over year.
  • Runjian Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.37, a 123.80% change year over year.
  • Runjian Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.17, a 89.01% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Shenzhen Stock Exchange: 002929.SZ

Runjian Co., Ltd.

CEO Mr. Wenjie Xu
IPO Date March 1, 2018
Location China
Headquarters East Building of Jinghua Information Pla
Employees 6,258
Sector Communication Services
Industries
Description

Runjian Co., Ltd., a communication technology service company, engages in the communication network construction and maintenance business in China. The company offers communication network engineering, design, construction, and operation and management services; and information technology and communication integration, and cloud and data center services. It also engages in the building, operation, and maintenance of the telecom infrastructure network to the development and operation of various supporting platforms and application systems for smart education, agriculture, transportation, and policing systems, as well as for training program platform. In addition, the company offers AI and big data services, high tech business solutions, smart city resource management, smart platforms, 5G and Internet of Things, and ERP integrated solutions, as well as power equipment. Further, it provides power engineering construction and installation services. The company was formerly known as Runjian Communication Co., Ltd. and changed its name to Runjian Co., Ltd. in April 2019. The company was founded in 2003 and is headquartered in Guangzhou, China.

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StockViz Staff

January 15, 2025

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