Suzhou Douson Drilling & Production Equipment Co.,Ltd.

Shanghai Stock Exchange 603800.SS

Suzhou Douson Drilling & Production Equipment Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.87

Suzhou Douson Drilling & Production Equipment Co.,Ltd. Debt to Equity Ratio is 0.87 for the year ending December 31, 2023, a 57.12% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Suzhou Douson Drilling & Production Equipment Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.55, a 51.01% change year over year.
Suzhou Douson Drilling & Production Equipment Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.36, a -3.47% change year over year.
Suzhou Douson Drilling & Production Equipment Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.38, a -2.13% change year over year.
Suzhou Douson Drilling & Production Equipment Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.39, a 157.56% 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: 603800.SS

Suzhou Douson Drilling & Production Equipment Co.,Ltd.

CEO	Caibin Song
IPO Date	Dec. 10, 2015
Location	China
Headquarters	Xingtai Road
Employees	1,011
Sector	Energy
Industries Drilling Machinery Offshore Drilling Oil & Gas

Description

Suzhou Douson Drilling&Production Equipment Co., Ltd. manufactures and sells drilling and production equipment to the oil, gas, and chemical industries in China, the United States, Canada, Spain, the United Kingdom, Australia, the Middle East, and Russia. The company offers wellhead equipment, oil and gas production and testing devices, various valves and actuators, manifolds, BOP products, and subsea valves and connectors. Suzhou Douson Drilling&Production Equipment Co., Ltd. was founded in 2001 and is headquartered in Suzhou, China.

Key trends

Past 5 years