Shandong Intco Recycling Resources Co., Ltd.

Shanghai Stock Exchange 688087.SS

Shandong Intco Recycling Resources Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.60

Shandong Intco Recycling Resources Co., Ltd. Debt to Equity Ratio is 0.60 for the year ending December 31, 2023, a 174.86% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Shandong Intco Recycling Resources Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.22, a 505.99% change year over year.
Shandong Intco Recycling Resources Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.04, a -66.46% change year over year.
Shandong Intco Recycling Resources Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.11, a -75.56% change year over year.
Shandong Intco Recycling Resources Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.44, a -26.66% 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: 688087.SS

Shandong Intco Recycling Resources Co., Ltd.

CEO	Ms. Tingting Tian
IPO Date	July 9, 2021
Location	China
Headquarters	Qilu Chemical Industrial Park
Employees	3,536
Sector	Materials
Industries Plastics Paper & Forest Products Renewables

Description

Shandong Intco Recycling Resources Co., Ltd. recycles and utilizes renewable plastics in China. Its product portfolio includes foam reduction and density enhancement recycling equipment, plastic recycled particles, picture frame lines, environmental protection moldings, finished frames, environmental protection skirtings, corner line decorative materials, and other indoor and outdoor decorative materials. The company was founded in 2005 and is based in Zibo, China.

Key trends

Past 5 years