Guangdong Lyric Robot Automation Co., Ltd.

Shanghai Stock Exchange 688499.SS

Guangdong Lyric Robot Automation Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 1.16

Guangdong Lyric Robot Automation Co., Ltd. Debt to Equity Ratio is 1.16 for the year ending December 31, 2023, a 54.81% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Guangdong Lyric Robot Automation Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.75, a 71.99% change year over year.
Guangdong Lyric Robot Automation Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.44, a 13.38% change year over year.
Guangdong Lyric Robot Automation Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.39, a 27.47% change year over year.
Guangdong Lyric Robot Automation Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.30, a 70.35% 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: 688499.SS

Guangdong Lyric Robot Automation Co., Ltd.

CEO	Mr. Xuesong Gao
IPO Date	July 1, 2021
Location	China
Headquarters	No. 4 Xinpeng Road
Employees	7,997
Sector	Industrials
Industries Machinery Automobiles & Vehicles Electric Vehicles (EVs) Robotics

Description

Guangdong Lyric Robot Automation Co., Ltd. engages in the research and development, production, and sale of automation equipment in the fields of new energy, auto parts, precision electronics, and rail transit in China. It provides formation capacity and automatic packaging machines; automatic assembly and inspection line for door locks; assembly and testing line for car door hinges; automatic assembly and testing line for quick plug connectors of automobile fuel; car sunroof height inspection and noise inspection line; desktop computer host automatic assembly and testing line; automatic smoke detector assembly line; and automatic assembly line for a high-speed train control cabinet. The company also exports its products to Germany, the United States, Canada, and other countries. Guangdong Lyric Robot Automation Co., Ltd. was founded in 2014 and is based in Huizhou, China.

Key trends

Past 5 years