Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin)

Shanghai Stock Exchange 603969.SS

Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) Debt to Equity Ratio for the year ending December 31, 2023: 0.12

Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) Debt to Equity Ratio is 0.12 for the year ending December 31, 2023, a 44.20% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) Debt to Equity Ratio for the year ending December 31, 2022 was 0.08, a -60.69% change year over year.
Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) Debt to Equity Ratio for the year ending December 31, 2021 was 0.21, a 29.53% change year over year.
Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) Debt to Equity Ratio for the year ending December 31, 2020 was 0.16, a -30.69% change year over year.
Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) Debt to Equity Ratio for the year ending December 31, 2019 was 0.23, a 56.75% 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: 603969.SS

Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin)

CEO	Mr. Zhifeng Xie
IPO Date	Feb. 27, 2015
Location	China
Headquarters	No.62, Shuangjiang Road
Employees	993
Sector	Materials
Industries Steel Construction Materials Metals

Description

Silvery Dragon Prestressed Materials Co., Ltd. (Tianjin) manufactures and sells steel wires, steel rods, steel strands, and track slabs in China. It also provides products related to information technology, monitoring management systems, and intelligent manufacturing equipment. The company serves domestic and foreign railways, water transmission and distribution projects, and bridges and other infrastructure construction projects. It also exports its products. SILVERY DRAGON PRESTRESSED MATERIALS CO., LTD. TIANJIN was founded in 1998 and is based in Tianjin, China.

Key trends

Past 5 years