Shanghai Carthane Co.,Ltd.

Shanghai Stock Exchange 603037.SS

Shanghai Carthane Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.06

Shanghai Carthane Co.,Ltd. Debt to Equity Ratio is 0.06 for the year ending December 31, 2023, a 97.10% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Shanghai Carthane Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.03, a 206.94% change year over year.
Shanghai Carthane Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.01, a -1.96% change year over year.
Shanghai Carthane Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.01, a -38.08% change year over year.
Shanghai Carthane Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.02, a -53.01% 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: 603037.SS

Shanghai Carthane Co.,Ltd.

CEO	Mr. Zhen Kun Hou
IPO Date	Jan. 23, 2017
Location	China
Headquarters	No. 813, Jianye Road
Employees	493
Sector	Consumer Discretionary
Industries Automotive Parts Consumer Packaged Goods Plastics

Description

Shanghai Carthane Co.,Ltd. researches, develops, manufactures, and sells suspension related PUR products in China. It offers suspension products comprising plastic parts, dust covers, polyurethane buffer bit blocks, lower spring cushions, spring sheaths, recovery buffer stoppers, and spring upper support products; and control products, such as pedal assemblies. The company also provides polyurethanes products, including high-bearing polyurethane rubber tires; polyurethane elastomer products; and elastic wear resistant materials and high-load wheels. It exports its products to North America, Europe, Japan, Korea, etc. The company is based in Shanghai, China.

Key trends

Past 5 years