Lizhong Sitong Light Alloys Group Co., Ltd.

Shenzhen Stock Exchange 300428.SZ

Lizhong Sitong Light Alloys Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 1.38

Lizhong Sitong Light Alloys Group Co., Ltd. Debt to Equity Ratio is 1.38 for the year ending December 31, 2023, a -9.11% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Lizhong Sitong Light Alloys Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 1.52, a 15.08% change year over year.
  • Lizhong Sitong Light Alloys Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 1.32, a 26.66% change year over year.
  • Lizhong Sitong Light Alloys Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 1.04, a 120.90% change year over year.
  • Lizhong Sitong Light Alloys Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.47, a -37.56% 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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Shenzhen Stock Exchange: 300428.SZ

Lizhong Sitong Light Alloys Group Co., Ltd.

CEO Mr. Yongxing Zang
IPO Date March 19, 2015
Location China
Headquarters NO.359, West Fazhan Road
Employees 11,960
Sector Materials
Industries
Description

Lizhong Sitong Light Alloys Group Co., Ltd. engages in the research, development, manufacture, and sale of aluminum based functional master alloys in China. It offers aluminum, magnesium, zinc, and copper based master alloys in coiled rod, cut rod, waffle ingot, cast cut bar, button, and compact forms. The company's products are used in aluminum alloy sheet, strip, foil, alloy tube, bar/billet, profile, and wire applications, as well as in aluminum alloy castings. It also exports its products to approximately 40 countries worldwide. The company was formerly known as Hebei Sitong New Metal Material Co., Ltd and changed its name to Lizhong Sitong Light Alloys Group Co., Ltd. in July 2022. Lizhong Sitong Light Alloys Group Co., Ltd. was founded in 1998 and is based in Baoding, China.

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StockViz Staff

January 15, 2025

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