Jiangsu Zhengdan Chemical Industry Co., Ltd.

Shenzhen Stock Exchange 300641.SZ

Jiangsu Zhengdan Chemical Industry Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.30

Jiangsu Zhengdan Chemical Industry Co., Ltd. Debt to Equity Ratio is 0.30 for the year ending December 31, 2023, a -17.73% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Jiangsu Zhengdan Chemical Industry Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.36, a -15.90% change year over year.
  • Jiangsu Zhengdan Chemical Industry Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.43, a 148.20% change year over year.
  • Jiangsu Zhengdan Chemical Industry Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.17, a -20.05% change year over year.
  • Jiangsu Zhengdan Chemical Industry Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.22, a 119.84% 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: 300641.SZ

Jiangsu Zhengdan Chemical Industry Co., Ltd.

CEO Mr. Zheng Guo Cao
IPO Date April 19, 2017
Location China
Headquarters F15, Tower A
Employees 430
Sector Materials
Industries
Description

Jiangsu Zhengdan Chemical Industry Co., Ltd. engages in the research, development, manufacturing, and sale of environment-friendly materials and fine chemicals in China. The company's products include vinyltoluene, a mixture of m-methylstyrene and p-methylstyrene, which is used in impregnating insulation paint, coating, and composite industries; and high-flash aromatic naphthas, used as a solvent and diluent of environment-friendly coating and paint, as well as ingredient of printing ink, extractant for production of hydrogen peroxide, solvent for baking coating, emulsion of insecticide, solvent for rubber resin, etc. Its products also comprise trimellitic anhydride, available in flake and pastille form, primarily used to produce plasticizers, such as trioctyl trimellitate (TOTM), polyester resin for powder coating, polyamide-imide resin for insulating varnish, water-soluble alkyd resin coating, epoxy curing agent, lubricant, etc.; TOTM, a heatproof and durable plasticizer, applied to vinyl chloride copolymer, nitrocellulose, ethyl cellulose and polymethyl methacrylate, etc.; and pseudocumene, used for synthesis of trimellitic anhydride, resin, dyes, and vitamin E, as well as solvent for paint. The company was founded in 2007 and is based in Zhenjiang, China.

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StockViz Staff

January 31, 2025

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