Qingdao Rural Commercial Bank Co., Ltd.

Shenzhen Stock Exchange 002958.SZ

Qingdao Rural Commercial Bank Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 3.74

Qingdao Rural Commercial Bank Co., Ltd. Debt to Equity Ratio is 3.74 for the year ending December 31, 2023, a 55.74% 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 Rural Commercial Bank Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 2.40, a -12.91% change year over year.
Qingdao Rural Commercial Bank Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 2.76, a -7.50% change year over year.
Qingdao Rural Commercial Bank Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 2.98, a 2.29% change year over year.
Qingdao Rural Commercial Bank Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 2.92, a 8.63% 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: 002958.SZ

Qingdao Rural Commercial Bank Co., Ltd.

CEO	Mr. Fengxing Yu
IPO Date	March 26, 2019
Location	China
Headquarters	No. 109, Hong Kong East Road
Employees	5,500
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management

Description

Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. The company offers foreign exchange account; import and export collection; inward and outward remittance; letter of guarantee; financing; and export invoice financing services, as well as package and foreign exchange loans and certificates of deposit. The company was founded in 1951 and is headquartered in Qingdao, China.

Key trends

Past 5 years