Changqing Machinery Company Limited

Shanghai Stock Exchange 603768.SS

Changqing Machinery Company Limited Return on Equity (ROE) for the year ending December 31, 2023: 6.59%

Changqing Machinery Company Limited Return on Equity (ROE) is 6.59% for the year ending December 31, 2023, a 28.81% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Changqing Machinery Company Limited Return on Equity (ROE) for the year ending December 31, 2022 was 5.12%, a 55.09% change year over year.
Changqing Machinery Company Limited Return on Equity (ROE) for the year ending December 31, 2021 was 3.30%, a -22.57% change year over year.
Changqing Machinery Company Limited Return on Equity (ROE) for the year ending December 31, 2020 was 4.26%, a 194.84% change year over year.
Changqing Machinery Company Limited Return on Equity (ROE) for the year ending December 31, 2019 was 1.44%, a -68.68% 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: 603768.SS

Changqing Machinery Company Limited

CEO	Mr. Yinghong Wu
IPO Date	March 24, 2017
Location	China
Headquarters	No. 18, Dongyou Road
Employees	3,470
Sector	Consumer Discretionary
Industries Automotive Parts 3D Printing Automobiles & Vehicles Autonomous Driving Chemicals & Advanced Materials Composite Materials Electric Vehicles (EVs) Plastics

Description

Changqing Machinery Company Limited engages in the research and development, production, and sale of automotive stamping and welding parts primarily in China. Its products are used in passenger cars, VIP cars, commercial vehicles, and electrophoresis. The company was founded in 2004 and is based in Hefei, China.

Key trends

Past 5 years