Hwa Fong Rubber Industrial Co., Ltd.

Taiwan Stock Exchange 2109.TW

Hwa Fong Rubber Industrial Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.48

Hwa Fong Rubber Industrial Co., Ltd. Debt to Equity Ratio is 0.48 for the year ending December 31, 2023, a -30.04% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Hwa Fong Rubber Industrial Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.68, a -14.67% change year over year.
Hwa Fong Rubber Industrial Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.80, a 14.92% change year over year.
Hwa Fong Rubber Industrial Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.69, a 13.24% change year over year.
Hwa Fong Rubber Industrial Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.61, a -20.99% change year over year.

Key data

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

Taiwan Stock Exchange: 2109.TW

Hwa Fong Rubber Industrial Co., Ltd.

CEO	Mr. Jiaw-Chyi Wang
IPO Date	Jan. 4, 2000
Location	Taiwan
Headquarters	No. 300, Zhongshan Road
Employees	2,627
Sector	Consumer Discretionary
Industries Motorcycles Automobiles & Vehicles Automotive Parts Composite Materials Leisure Plastics

Description

Hwa Fong Rubber Industrial Co., Ltd. manufactures and sells rubber and plastic products under the DURO brand in Taiwan, China, the United States, Thailand, and internationally. It offers bicycle, motorcycle, scooter, moped, truck, and bus tires and tubes; ATV tires; passenger car, SUV, commercial, and special trailer tires; MX off-road/trail, eco tire, lawn and garden, golf cart, agricultural, snow blower, industrial, logistics, forklift and skid-steer, go kart, trailer, mobile home, truck, and wheelchair tires; powersports tires. Hwa Fong Rubber Industrial Co., Ltd. was founded in 1945 and is headquartered in Changhua, Taiwan.

Key trends

Past 5 years