Fujian Longxi Bearing (Group) Co., Ltd

Shanghai Stock Exchange 600592.SS

Fujian Longxi Bearing (Group) Co., Ltd Return on Equity (ROE) for the year ending December 31, 2023: 7.01%

Fujian Longxi Bearing (Group) Co., Ltd Return on Equity (ROE) is 7.01% for the year ending December 31, 2023, a 930.66% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Fujian Longxi Bearing (Group) Co., Ltd Return on Equity (ROE) for the year ending December 31, 2022 was -0.84%, a -106.47% change year over year.
  • Fujian Longxi Bearing (Group) Co., Ltd Return on Equity (ROE) for the year ending December 31, 2021 was 13.04%, a 78.75% change year over year.
  • Fujian Longxi Bearing (Group) Co., Ltd Return on Equity (ROE) for the year ending December 31, 2020 was 7.29%, a -3.32% change year over year.
  • Fujian Longxi Bearing (Group) Co., Ltd Return on Equity (ROE) for the year ending December 31, 2019 was 7.55%, a 57.75% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
Market news
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Shanghai Stock Exchange: 600592.SS

Fujian Longxi Bearing (Group) Co., Ltd

CEO Mr. Zhixiong Chen
IPO Date Aug. 5, 2002
Location China
Headquarters No.388, Tengfei Road
Employees 2,087
Sector Consumer Discretionary
Industries
Description

Fujian Longxi Bearing (Group) Co., Ltd produces and sells spherical plain bearings, tapered roller bearings, and rolling components in China and internationally. The company's principal products include deep groove ball, agricultural, and non-standard bearings; loader and fine machine gears; and stalk bearing loader gearboxes. ts products also comprise automobile mufflers, shock eliminators, maintenance-free panels, and bearing bush products; linear guide and ball screws; and rod ends. The company's products are used in loader, motor grader, digger, road roller, forklift truck, heavy truck, aerospace field, aviation, hydropower project, metallurgical machinery, port machinery, railway transportation, architecture, scientific research equipment, food machinery, industrial piping systems standard support, and engineering machinery applications. Fujian Longxi Bearing (Group) Co., Ltd was founded in 1958 and is based in Zhangzhou, China.

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StockViz Staff

January 16, 2025

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