Zhongtong Guomai Communication Co., Ltd.

Shanghai Stock Exchange 603559.SS

Zhongtong Guomai Communication Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.86

Zhongtong Guomai Communication Co., Ltd. Debt to Equity Ratio is 0.86 for the year ending December 31, 2023, a 93.21% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Zhongtong Guomai Communication Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.45, a -21.10% change year over year.
Zhongtong Guomai Communication Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.57, a 49.40% change year over year.
Zhongtong Guomai Communication Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.38, a 31.34% change year over year.
Zhongtong Guomai Communication Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.29, a 111.43% 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: 603559.SS

Zhongtong Guomai Communication Co., Ltd.

CEO	Mr. Xuegang Li
IPO Date	Dec. 5, 2016
Location	China
Headquarters	No. 6399 Nanhu Road
Employees	600
Sector	Communication Services
Industries Telecommunications & Networking Engineering Services Satellite

Description

Zhongtong Guomai Communication Co., Ltd. provides communication engineering construction services to telecommunication operators in China. Its services include communication equipment installation engineering, communication network maintenance, communication pipeline engineering, etc. The company was founded in 1947 and is based in Changchun, the People's Republic of China.

Key trends

Past 5 years