Zhuzhou CRRC Times Electric Co., Ltd.

HKSE 3898.HK

Zhuzhou CRRC Times Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.14

Zhuzhou CRRC Times Electric Co., Ltd. Debt to Equity Ratio is 0.14 for the year ending December 31, 2023, a 49.63% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Zhuzhou CRRC Times Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.10, a 41.51% change year over year.
  • Zhuzhou CRRC Times Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.07, a -28.87% change year over year.
  • Zhuzhou CRRC Times Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.10, a -23.87% change year over year.
  • Zhuzhou CRRC Times Electric Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.13, a 517.81% 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
HKSE: 3898.HK

Zhuzhou CRRC Times Electric Co., Ltd.

CEO Mr. Donglin Li
IPO Date Dec. 20, 2006
Location China
Headquarters No. 169 Times Road
Employees 8,362
Sector Industrials
Industries
Description

Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the research, development, design, manufacture, and sale of railway transportation equipment products, and provision of relevant services primarily in Mainland China and internationally. The company's products include traction converter systems of rail transit vehicles, railway engineering machinery, and communication signal systems. It also produces propulsion and control systems for trains and electric vehicles, signaling systems, power supply solutions, platform screen doors, rail maintenance vehicles, marine engineering equipment, and component products for various applications. The company's products for rolling stock and railways include EMU, locomotive, and mass transit systems; and components products consist of semiconductors, resistors, reactors, radiators, sensors, power capacitors, and heatsinks. Its energy and industrial products comprise marine engineering, electric vehicle, and inverter and converter systems, as well as provides railway maintenance and construction machines. The company was formerly known as Zhuzhou CSR Times Electric Co., Ltd. and changed its name to Zhuzhou CRRC Times Electric Co., Ltd. in March 2016. The company was incorporated in 2005 and is based in Wanchai, Hong Kong. Zhuzhou CRRC Times Electric Co., Ltd. is a subsidiary of CRRC Zhuzhou Institute Co., Ltd.

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StockViz Staff

February 3, 2025

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