XinJiang Ba Yi Iron & Steel Co.,Ltd.

Shanghai Stock Exchange 600581.SS

XinJiang Ba Yi Iron & Steel Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 5.42

XinJiang Ba Yi Iron & Steel Co.,Ltd. Debt to Equity Ratio is 5.42 for the year ending December 31, 2023, a 53.94% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

XinJiang Ba Yi Iron & Steel Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 3.52, a 56.19% change year over year.
XinJiang Ba Yi Iron & Steel Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 2.26, a 62.61% change year over year.
XinJiang Ba Yi Iron & Steel Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 1.39, a -3.72% change year over year.
XinJiang Ba Yi Iron & Steel Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 1.44, a -2.46% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shanghai Stock Exchange: 600581.SS

XinJiang Ba Yi Iron & Steel Co.,Ltd.

CEO	Mr. Guokang Fan
IPO Date	Aug. 16, 2002
Location	China
Headquarters	Bayi Road
Employees	6,776
Sector	Materials
Industries Steel Metals

Description

XinJiang Ba Yi Iron & Steel Co.,Ltd. engages in smelting, rolling, processing, and selling steel products in China. Its principal products include hot-rolled coils, rebars, plates, wires, profiles, hot-dip galvanized coils, bars, and pickling coils. The company is based in Ürümqi, China. XinJiang Ba Yi Iron & Steel Co.,Ltd. operates as a subsidiary of Baosteel Group Xinjiang Bayi Iron and Steel Co., Ltd.

Key trends

Past 5 years