Shenzhen Tongye Technology Co.,Ltd.

Shenzhen Stock Exchange 300960.SZ

Shenzhen Tongye Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.08

Shenzhen Tongye Technology Co.,Ltd. Debt to Equity Ratio is 0.08 for the year ending December 31, 2023, a -26.17% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Shenzhen Tongye Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.11, a -28.13% change year over year.
  • Shenzhen Tongye Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.16, a -14.76% change year over year.
  • Shenzhen Tongye Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.18, a 67.75% change year over year.
  • Shenzhen Tongye Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.11, a 25.33% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
Loading...
SV Wall Street
Shenzhen Stock Exchange: 300960.SZ

Shenzhen Tongye Technology Co.,Ltd.

Description

Shenzhen Tongye Technology Co.,Ltd. engages in the research and development, production, sale, and maintenance services of electrical products for rail transit locomotives and vehicles. The company offers power supply cabinets, train power supply cabinets, auxiliary inverters, air conditioner power supply systems, capacitor charging cabinets, energy management systems, and emergency inverters; logic controllers and brake logic controllers, metro LCUs, air conditioning controllers, and air conditioning panels; and fan motors. Its products are used in railway locomotives, urban rail transit vehicles, high-speed trains, and other rail transit locomotives, as well as in urban rail transit ground charging systems. The company was founded in 2000 and is based in Shenzhen, China.

StockViz Staff

February 3, 2025

Any question? Send us an email