Lygend Resources & Technology Co., Ltd.

HKSE 2245.HK

Lygend Resources & Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 1.26

Lygend Resources & Technology Co., Ltd. Debt to Equity Ratio is 1.26 for the year ending December 31, 2023, a 69.15% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Lygend Resources & Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.74, a -51.09% change year over year.
Lygend Resources & Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 1.52, a 104.85% change year over year.
Lygend Resources & Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.74, a -43.45% change year over year.
Lygend Resources & Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 1.31.

Key data

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

HKSE: 2245.HK

Lygend Resources & Technology Co., Ltd.

CEO	Mr. Jianyong Cai
IPO Date	Dec. 1, 2022
Location	China
Headquarters	Building C10, R&D Park
Employees	9,666
Sector	Materials
Industries Mining Chemicals & Advanced Materials Metals

Description

Lygend Resources & Technology Co., Ltd. engages in the production and trading of nickel products in China and internationally. The company's products include laterite ore, ferro-nickel, mixed hydroxide precipitate, nickel sulfate, cobalt sulfate, and other products. It also manufactures and sells equipment. The company was founded in 2009 and is headquartered in Ningbo, China.

Key trends

Past 5 years