Luoyang Xinqianglian Slewing Bearing Co., Ltd.

Shenzhen Stock Exchange 300850.SZ

Luoyang Xinqianglian Slewing Bearing Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2023: 6.94%

Luoyang Xinqianglian Slewing Bearing Co., Ltd. Return on Capital Employed (ROCE) is 6.94% for the year ending December 31, 2023, a 14.33% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
  • Luoyang Xinqianglian Slewing Bearing Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 6.07%, a -56.69% change year over year.
  • Luoyang Xinqianglian Slewing Bearing Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 14.01%, a -39.99% change year over year.
  • Luoyang Xinqianglian Slewing Bearing Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 23.35%, a 18.99% change year over year.
  • Luoyang Xinqianglian Slewing Bearing Co., Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 19.62%, a 36.19% change year over year.
Key data
Date Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio Return on Common Equity
Market news
SV Wall Street
Shenzhen Stock Exchange: 300850.SZ

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

CEO Mr. Gaoqiang Xiao
IPO Date July 13, 2020
Location China
Headquarters Luoxin Industrial Park
Employees 1,818
Sector Energy
Industries
Wind Energy Biofuel Cement Composite Materials Construction Materials Glass Machinery Renewables Steel
Description

Luoyang Xinqianglian Slewing Bearing Co., Ltd. manufactures and sells slewing bearings for industrial purposes in China and internationally. The company offers single row tapered, triple-row, and double-row tapered roller main bearings, as well as individual triple-row roller pitch bearings and yaw bearings for wind turbine generators; tunnel boring machine main bearings; drive plates; large size slewing bearing for floating crane; and slewing bearing for ferris wheel. It also engages in the photovoltaic and wind power business. The company was founded in 2005 and is based in Luoyang, China.

StockViz Staff

February 2, 2025

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