Hengtong Optic-Electric Co., Ltd.

Shanghai Stock Exchange 600487.SS

Hengtong Optic-Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 8.40%

Hengtong Optic-Electric Co., Ltd. Return on Equity (ROE) is 8.40% for the year ending December 31, 2023, a 25.48% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Hengtong Optic-Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 6.69%, a -3.22% change year over year.
Hengtong Optic-Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 6.92%, a 30.21% change year over year.
Hengtong Optic-Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 5.31%, a -46.69% change year over year.
Hengtong Optic-Electric Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 9.96%, a -51.12% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Shanghai Stock Exchange: 600487.SS

Hengtong Optic-Electric Co., Ltd.

CEO	Mr. Jianfeng Zhang
IPO Date	Aug. 22, 2003
Location	China
Headquarters	No. 88, Hengtong Avenue
Employees	16,230
Sector	Communication Services
Industries Telecommunications & Networking

Description

Hengtong Optic-Electric Co., Ltd. operates in fiber optic communications industry in China and internationally. It offers fiber optic network, quantum security communication, and ocean observation network products; power transmission products; smart ocean system solutions; rail transit solutions; smart city solutions; and big data systems. Hengtong Optic-Electric Co., Ltd. was founded in 1993 and is based in Suzhou, China.

Key trends

Past 5 years