Shanghai Ace Investment & Development Co., Ltd.

Shanghai Stock Exchange 603329.SS

Shanghai Ace Investment & Development Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.50

Shanghai Ace Investment & Development Co., Ltd. Debt to Equity Ratio is 0.50 for the year ending December 31, 2023, a 33.78% 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 Ace Investment & Development Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.37, a 19.35% change year over year.
Shanghai Ace Investment & Development Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.31, a -14.14% change year over year.
Shanghai Ace Investment & Development Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.36, a 141.64% change year over year.
Shanghai Ace Investment & Development Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.15, a -6.37% 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: 603329.SS

Shanghai Ace Investment & Development Co., Ltd.

CEO	Ms. Qing Li
IPO Date	Jan. 12, 2018
Location	China
Headquarters	No. 855 Pudong South Road
Employees	616
Sector	Industrials
Industries Logistics & Freight Air Freight Container Shipping Maritime Shipping Rail Freight Railways Trucking & Road Freight Warehousing

Description

Shanghai Ace Investment & Development Co., Ltd. engages in the supply chain logistics and supply chain execution trading businesses in China. The company offers multimodal transport of railways, highways, and waterways; third-party logistics services; bonded warehousing; loading and unloading operations; and warehousing and logistics supervision services. It also provides logistics and trade services of sulfur, fertilizers, non-ferrous metals, mineral products, and other goods. The company was founded in 2003 and is headquartered in Shanghai, China. Shanghai Ace Investment & Development Co., Ltd. operates as a subsidiary of Jiangsu Yashi Investment Group Co., Ltd.

Key trends

Past 5 years