Guangdong Modern High-tech Fiber Co., Ltd

Shenzhen Stock Exchange 300876.SZ

Guangdong Modern High-tech Fiber Co., Ltd Debt to Equity Ratio for the year ending December 31, 2023: 0.45

Guangdong Modern High-tech Fiber Co., Ltd Debt to Equity Ratio is 0.45 for the year ending December 31, 2023, a 35.38% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Guangdong Modern High-tech Fiber Co., Ltd Debt to Equity Ratio for the year ending December 31, 2022 was 0.33, a 186.40% change year over year.
  • Guangdong Modern High-tech Fiber Co., Ltd Debt to Equity Ratio for the year ending December 31, 2021 was 0.12, a 6,901.01% change year over year.
  • Guangdong Modern High-tech Fiber Co., Ltd Debt to Equity Ratio for the year ending December 31, 2020 was 0.00, a -99.24% change year over year.
  • Guangdong Modern High-tech Fiber Co., Ltd Debt to Equity Ratio for the year ending December 31, 2019 was 0.22, a 0.00% 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: 300876.SZ

Guangdong Modern High-tech Fiber Co., Ltd

CEO Mr. Guangming Chen
IPO Date Aug. 24, 2020
Location China
Headquarters Chengxi Industrial Zone
Employees 429
Sector Materials
Industries
Description

Guangdong Modern High-Tech Fiber Co., Ltd. engages in research, development, production, and sale of polypropylene (PP) yarn in China and internationally. Its products include modern PP BCF yarn, modern PP DTY, functional PP, PP FDY yarn, PP FDY yarn twisted, and PP profiled wires. Its products are used in luggage webbing, water pipe cloth covers, door and window tops, home decoration, clothing, toy wigs and medical and sanitary products; and industrial filter cloth, engineering geotextiles, flexible container bags, high pressure fire hoses, industrial ropes, awning canvas, car carpet cloth, and lithium battery separators. It also exports its products. The company was founded in 2013 and is based in Jieyang, China.

StockViz Staff

January 31, 2025

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