Snowsky Salt Industry Group Co., Ltd.

Shanghai Stock Exchange 600929.SS

Snowsky Salt Industry Group Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 9.26%

Snowsky Salt Industry Group Co., Ltd. Return on Equity (ROE) is 9.26% for the year ending December 31, 2023, a -25.20% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Snowsky Salt Industry Group Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 12.38%, a 55.40% change year over year.
Snowsky Salt Industry Group Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 7.96%, a 49.06% change year over year.
Snowsky Salt Industry Group Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 5.34%, a -9.97% change year over year.
Snowsky Salt Industry Group Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 5.93%, a -0.44% 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: 600929.SS

Snowsky Salt Industry Group Co., Ltd.

CEO	Mr. Ha Bin Wang
IPO Date	March 30, 2018
Location	China
Headquarters	Qingyan Sunshine City, No. 388
Employees	5,680
Sector	Industrials
Industries Petrochemicals Cement Ceramics Cleaning Supplies Construction Materials Glass Lithium Personal Care Soft Drinks & Sodas

Description

Snowsky Salt Industry Group Co., Ltd. produces and sells salt and salt chemicals. The company offers daily, alkali, industrial, and cooking salt, as well as thenardite. It operates through 98 registered trademarks. The company was formerly known as Hunan Salt Industry Co., Ltd. The company was founded in 2011 and is based in Changsha, China. Snowsky Salt Industry Group Co., Ltd. is a subsidiary of Hunan Province Light Industry & Salt Industry Group Co. Ltd.

Key trends

Past 5 years