Beijing Tianyishangjia New Material Corp., Ltd.

Shanghai Stock Exchange 688033.SS

Beijing Tianyishangjia New Material Corp., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.32

Beijing Tianyishangjia New Material Corp., Ltd. Debt to Equity Ratio is 0.32 for the year ending December 31, 2023, a 64.10% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Beijing Tianyishangjia New Material Corp., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.20, a 58.94% change year over year.
Beijing Tianyishangjia New Material Corp., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.12, a 889.28% change year over year.
Beijing Tianyishangjia New Material Corp., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.01, a 0.00% change year over year.
Beijing Tianyishangjia New Material Corp., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.00, a 0.00% 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: 688033.SS

Beijing Tianyishangjia New Material Corp., Ltd.

CEO	Ms. Kailin Yang
IPO Date	July 24, 2019
Location	China
Headquarters	500 meters north of South Railway Road
Employees	1,892
Sector	Consumer Discretionary
Industries Automobiles & Vehicles 3D Printing Athletics & Sports Automotive Parts Composite Materials Electric Vehicles (EVs) Plastics Railways

Description

Beijing Tianyishangjia New Material Corp., Ltd. engages in the development, production, and sale of brake pads and brake shoe series products for high-speed trains, EMUs, locomotives, and urban rail transit vehicles. It offers powder metallurgy brake pads and organic synthetic brake pads/brake shoes. The company was founded in 2009 and is based in Beijing, China.

Key trends

Past 5 years