Fujian Raynen Technology Co., Ltd.

Shanghai Stock Exchange 603933.SS

Fujian Raynen Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.36

Fujian Raynen Technology Co., Ltd. Debt to Equity Ratio is 0.36 for the year ending December 31, 2023, a -2.73% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Fujian Raynen Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.37, a 36.23% change year over year.
Fujian Raynen Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.27, a 63.72% change year over year.
Fujian Raynen Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.17, a -5.58% change year over year.
Fujian Raynen Technology Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.18, a -18.38% 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: 603933.SS

Fujian Raynen Technology Co., Ltd.

CEO	Mr. Weijian Yang
IPO Date	July 6, 2017
Location	China
Headquarters	Building A, No. 26, Zone C,
Employees	1,156
Sector	Technology
Industries Hardware & Electronics 3D Printing Composite Materials Computers Drones Furniture Machinery Robotics

Description

Fujian Raynen Technology Co., Ltd. engages in the distribution of IC products in China. It also researches and develops, produces, and sells industrial automation control products, including knitting, sewing equipment, computer control system products, servo systems frequency converters, other general industrial automation products. The company's products include flat knitting machine computer control systems, vamp flat knitting machine computer control systems, operation boxes, main controllers, take-down comb controllers, carriage controllers, and integrated power supply products; and single-axis and digital dual-axis servo drivers. In addition, it is involved in application software development for knitting industry, industrial electrical automation products distribution, system integration, etc. The company was formerly known as Fujian Raynen Electronics Co., Ltd. and changed its name to Fujian Raynen Technology Co., Ltd. in 2013. The company was founded in 2007 and is headquartered in Fuzhou, China.

Key trends

Past 5 years