Xinjiang Machinery Research Institute Co., Ltd.

Shenzhen Stock Exchange 300159.SZ

Xinjiang Machinery Research Institute Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 51.96

Xinjiang Machinery Research Institute Co., Ltd. Debt to Equity Ratio is 51.96 for the year ending December 31, 2023, a 355.03% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Xinjiang Machinery Research Institute Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 11.42, a 41.46% change year over year.
  • Xinjiang Machinery Research Institute Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 8.07, a 121.08% change year over year.
  • Xinjiang Machinery Research Institute Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 3.65, a 60.59% change year over year.
  • Xinjiang Machinery Research Institute Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 2.27, a 22.32% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Shenzhen Stock Exchange: 300159.SZ

Xinjiang Machinery Research Institute Co., Ltd.

CEO Mr. Haiyin Hu
IPO Date Jan. 7, 2011
Location China
Headquarters No. 661, Fong South Road
Employees 1,227
Sector Industrials
Industries
Description

Xinjiang Machinery Research Institute Co., Ltd. engages in the research, design, manufacture, and sale of agricultural and animal husbandry machinery in China. The company offers corn and silage machines, chili machinery, and tillage machines; harvesting machinery, farming machinery, tractors, agricultural and sideline product processing machinery, and fruit machinery; power rotary harrow; and raisin equipment, as well as aircraft structural parts, including frames, beams, ribs, wall panels, skins, long stringers, angle pieces, shafts, etc.; spacecraft structural parts, such as thin-walled tubular sheet metal parts, support rings, air inlets, nozzles, load-bearing parts, rudder assemblies, wing assemblies, projectile compartments, steering gear compartments, fairings, liquid oxygen engine parts, liquid hydrogen engine parts, curved section, straight section, etc.; and engine and gas turbine structural components comprising combustion chamber casings, flame tubes, external casings, intermediate casings, afterburner nozzles, integral blisks, blades, power turbine outer casings, rotatable guide casings, guide tubes, etc. It offers agricultural and animal husbandry machinery products under the Mushen brand. The company was founded in 1960 and is headquartered in Urumqi, China.

StockViz Staff

January 30, 2025

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