Xinjiang Torch Gas Co., Ltd

Shanghai Stock Exchange 603080.SS

Xinjiang Torch Gas Co., Ltd Debt to Equity Ratio for the year ending December 31, 2023: 0.05

Xinjiang Torch Gas Co., Ltd Debt to Equity Ratio is 0.05 for the year ending December 31, 2023, a -28.96% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Xinjiang Torch Gas Co., Ltd Debt to Equity Ratio for the year ending December 31, 2022 was 0.08, a -75.00% change year over year.
Xinjiang Torch Gas Co., Ltd Debt to Equity Ratio for the year ending December 31, 2021 was 0.30, a 36.28% change year over year.
Xinjiang Torch Gas Co., Ltd Debt to Equity Ratio for the year ending December 31, 2020 was 0.22, a 30.93% change year over year.
Xinjiang Torch Gas Co., Ltd Debt to Equity Ratio for the year ending December 31, 2019 was 0.17, a 13.89% 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: 603080.SS

Xinjiang Torch Gas Co., Ltd

CEO	Mr. Zhilong Chen
IPO Date	Jan. 18, 2018
Location	China
Headquarters	No. 77, Century Avenue South Road
Employees	975
Sector	Energy
Industries Oil & Gas Energy Infrastructure & Tools Gas

Description

Xinjiang Torch Gas Co., Ltd provides energy integrated services in China. The company primarily engages in the provision of urban gas supply, refueling station operation management, urban heating power supply, taxi operation management, gas facilities, and equipment installation services. It owns 2 CNG mother stations and CNG refueling, as well as pipeline network. The company was founded in 2003 and is based in Kashi, China.

Key trends

Past 5 years