Hengtong Logistics Co., Ltd.

Shanghai Stock Exchange 603223.SS

Hengtong Logistics Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.11

Hengtong Logistics Co., Ltd. Debt to Equity Ratio is 0.11 for the year ending December 31, 2023, a -28.98% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Hengtong Logistics Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.15, a 86.18% change year over year.
Hengtong Logistics Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.08, a -58.83% change year over year.
Hengtong Logistics Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.20, a -35.25% change year over year.
Hengtong Logistics Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.31, a 115.49% 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: 603223.SS

Hengtong Logistics Co., Ltd.

CEO	Mr. Jian Li
IPO Date	June 30, 2015
Location	China
Headquarters	Comprehensive Logistics Park
Employees	1,326
Sector	Industrials
Industries Trucking & Road Freight Air Freight Airlines Automobiles & Vehicles Container Shipping Gas Logistics & Freight Rail Freight

Description

Hengtong Logistics Co., Ltd. engages in the logistics business in China. The company is involved in trading and transportation of liquefied natural gas, CNG, and LPG; construction and operation of LNG filling stations; distribution and retail of LPG; transportation of general cargo, road dangerous goods, general freight, and liquid caustic soda; and development and operation of online freight platform. It also offers driving school training, hoisting, and car rental services. The company was formerly known as Longkou Hengtong Transportation Co., Ltd. and changed its name to Hengtong Logistics Co., Ltd. in December 2011. Hengtong Logistics Co., Ltd. was founded in 2007 and is based in Yantai, China.

Key trends

Past 5 years