Xinte Energy Co., Ltd.

HKSE 1799.HK

Xinte Energy Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.82

Xinte Energy Co., Ltd. Debt to Equity Ratio is 0.82 for the year ending December 31, 2023, a 8.04% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Xinte Energy Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.76, a -37.30% change year over year.
Xinte Energy Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 1.22, a -35.23% change year over year.
Xinte Energy Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 1.88, a 32.76% change year over year.
Xinte Energy Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 1.41, a 9.35% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

HKSE: 1799.HK

Xinte Energy Co., Ltd.

CEO	Mr. Jianxin Zhang
IPO Date	Dec. 30, 2015
Location	China
Headquarters	No. 2249, Zhongxin Street
Employees	8,423
Sector	Technology
Industries Hardware & Electronics Ceramics Composite Materials Geothermal Energy Lithium Plastics Renewables Solar Energy

Description

Xinte Energy Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of polysilicon in the People's Republic of China and internationally. It also develops, constructs, and operates wind power and photovoltaic power plants. In addition, the company produces and sells inverters, flexible direct current transmission converter valves, and static VAR generators. Further, it offers logistics services and zirconium based new materials. The company was incorporated in 2008 and is headquartered in Urumqi, the People's Republic of China. Xinte Energy Co., Ltd. is a subsidiary of TBEA Co., Ltd.

Key trends

Past 5 years