Jiangsu Lidao New Materials Co., Ltd.

Shanghai Stock Exchange 603937.SS

Jiangsu Lidao New Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.15

Jiangsu Lidao New Materials Co., Ltd. Debt to Equity Ratio is 0.15 for the year ending December 31, 2023, a 590.98% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Jiangsu Lidao New Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.02, a 235.82% change year over year.
Jiangsu Lidao New Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.01, a -50.48% change year over year.
Jiangsu Lidao New Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.01, a 89.39% change year over year.
Jiangsu Lidao New Materials Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.01, a 831.38% 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: 603937.SS

Jiangsu Lidao New Materials Co., Ltd.

CEO	Mr. Zheng Guo Cai
IPO Date	Nov. 2, 2017
Location	China
Headquarters	No. 1959, Longcheng Avenue
Employees	596
Sector	Materials
Industries Aluminum Construction Materials Metals

Description

Jiangsu Lidao New Materials Co., Ltd. produces and sells aluminum products in China and internationally. It offers aluminum magnesium manganese roofing systems, color coated aluminum coils, aluminum alloy ceiling products, and curtain wall facing panels, as well as high-end colored aluminum products, welded honeycomb panels, and other materials for rail transit, new energy vehicles, petrochemicals, ships, construction, industry, food packaging, and other industries. The company was founded in 2004 and is based in Changzhou, China.

Key trends

Past 5 years