Riyue Heavy Industry Co., Ltd.

Shanghai Stock Exchange 603218.SS

Riyue Heavy Industry Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 4.90%

Riyue Heavy Industry Co., Ltd. Return on Equity (ROE) is 4.90% for the year ending December 31, 2023, a 36.30% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Riyue Heavy Industry Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 3.59%, a -53.24% change year over year.
Riyue Heavy Industry Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 7.68%, a -34.91% change year over year.
Riyue Heavy Industry Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 11.80%, a -17.14% change year over year.
Riyue Heavy Industry Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 14.24%, a 50.76% 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: 603218.SS

Riyue Heavy Industry Co., Ltd.

CEO	Mr. Ming Kang Fu
IPO Date	Dec. 28, 2016
Location	China
Headquarters	Dongwu town
Employees	4,070
Sector	Industrials
Industries Machinery

Description

Riyue Heavy Industry Co., Ltd. manufactures and sells large and extra-large heavy duty equipment castings. The company's primary products include wind power turbine generator, heavy diesel engine, large plastic injection molding machine, large machining center, and giant mining machine series of castings. It also provides lement machine, gear box, centrifugal ingot mould, slider of machine, and fly-wheel gear series of castings, as well as heavy section ductile iron castings. The company is based in Ningbo, China.

Key trends

Past 5 years