Ningbo Fuda Company Limited

Shanghai Stock Exchange 600724.SS

Ningbo Fuda Company Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.22

Ningbo Fuda Company Limited Debt to Equity Ratio is 0.22 for the year ending December 31, 2023, a 80.24% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Ningbo Fuda Company Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.12, a 183.72% change year over year.
Ningbo Fuda Company Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.04, a 111.01% change year over year.
Ningbo Fuda Company Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.02, a -91.54% change year over year.
Ningbo Fuda Company Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.24, a -85.64% 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: 600724.SS

Ningbo Fuda Company Limited

CEO	Ms. Linxia Ma
IPO Date	July 16, 1996
Location	China
Headquarters	Yuyao Chamber of Commerce Building
Employees	1,241
Sector	Industrials
Industries Construction Construction Materials

Description

Ningbo Fuda Company Limited engages in the real estate business in China. It develops and manages urban commercial real estate properties; and manufactures cement building materials. The company was founded in 1989 and is headquartered in Yuyao, China. Ningbo Fuda Company Limited is a subsidiary of Ningbo Urban Construction Investment Holding Co.,Ltd.

Key trends

Past 5 years