China Railway High-speed Electrification Equipment Corporation Limited

Shanghai Stock Exchange 688285.SS

China Railway High-speed Electrification Equipment Corporation Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.13

China Railway High-speed Electrification Equipment Corporation Limited Debt to Equity Ratio is 0.13 for the year ending December 31, 2023, a -3.38% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

China Railway High-speed Electrification Equipment Corporation Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.14, a -29.31% change year over year.
China Railway High-speed Electrification Equipment Corporation Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.19, a -57.58% change year over year.
China Railway High-speed Electrification Equipment Corporation Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.45, a 122.18% change year over year.
China Railway High-speed Electrification Equipment Corporation Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.20, a 10,599.15% 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: 688285.SS

China Railway High-speed Electrification Equipment Corporation Limited

CEO	Mr. Minhua Chen
IPO Date	Oct. 20, 2021
Location	China
Headquarters	No. 196, Gaoxin Avenue
Employees	974
Sector	Industrials
Industries Railways Automotive Parts Rail Freight

Description

China Railway High-Speed Electrification Equipment Corporation Limited operates as the supplier for research, production, and system integration of electrification O.C.S. fittings and urban mass transportation products. The company operates in power supply equipment industry for domestic electrified railways and urban rail transit. Its products include a range of O.C.S. components for electrified railways at speeds of 160km/h, 200 to 250km, and 300 to 350km/h; a range of O.C.S. (rail) components for urban rail transportation, such as flexible suspension, rigid suspension, mobile suspension, third rail, maglev, straddle monorail; and steel columns, power fittings, construction tools, induction boards, fasteners, and various aluminum alloy castings. The company was founded in 1958 and is based in Baoji, China. China Railway High-speed Electrification Equipment Corporation Limited operates as a subsidiary of China Railway Electric Industry Co., Ltd.

Key trends

Past 5 years