Chongqing Shunbo Aluminum Co.,Ltd.

Shenzhen Stock Exchange 002996.SZ

Chongqing Shunbo Aluminum Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 1.48

Chongqing Shunbo Aluminum Co.,Ltd. Debt to Equity Ratio is 1.48 for the year ending December 31, 2023, a 38.10% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Chongqing Shunbo Aluminum Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 1.07, a 20.48% change year over year.
Chongqing Shunbo Aluminum Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.89, a 203.11% change year over year.
Chongqing Shunbo Aluminum Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.29, a -20.10% change year over year.
Chongqing Shunbo Aluminum Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.37, a -10.04% 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: 002996.SZ

Chongqing Shunbo Aluminum Co.,Ltd.

CEO	Mr. Zengchao Wang
IPO Date	Aug. 28, 2020
Location	China
Headquarters	Caojie Development Park
Employees	1,827
Sector	Materials
Industries Aluminum Automotive Parts Metals

Description

Chongqing Shunbo Aluminum Co.,Ltd. engages in the production and sale of recycled aluminum alloy ingots in China. Its products are used in automobiles, new energy vehicles, general machinery and equipment, communication equipment, electronic appliances, hardware lamps, motorcycles, and other industries. The company was founded in 2003 and is based in Chongqing, China.

Key trends

Past 5 years