Tongkun Group Co., Ltd.

Shanghai Stock Exchange 601233.SS

Tongkun Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 0.78%

Tongkun Group Co., Ltd. Return on Assets (ROA) is 0.78% for the year ending December 31, 2023, a 462.33% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Tongkun Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 0.14%, a -98.71% change year over year.
Tongkun Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 10.71%, a 77.38% change year over year.
Tongkun Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was 6.04%, a -16.27% change year over year.
Tongkun Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 7.21%, a 17.88% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shanghai Stock Exchange: 601233.SS

Tongkun Group Co., Ltd.

CEO	Mr. Shengjun Li
IPO Date	May 18, 2011
Location	China
Headquarters	Tongxiang Economic Development Zone
Employees	33,662
Sector	Materials
Industries Paper & Forest Products

Description

Tongkun Group Co., Ltd. manufactures and sells polyester filament yarns in China. The company offers various polyester filament yarns, including polyester pre-oriented, low spamdexed, full draw, and composite yarns; spandex covered yarns; two-component elastic yarns; polybutylene terephthalate matte high elastic yarns; medium-strength polyester yarn as high-performance sewing threads; imitated hemp yarns; blanket plush yarns; and cationic modified polyester under the GOLDENCOCK and Tongkun brand names. It also exports its products to South America, Europe, the Middle East, South Africa, South Korea, and Vietnam. The company was founded in 1981 and is headquartered in Tongxiang, China.

Key trends

Past 5 years