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Zhejiang Yinlun Machinery Co LtdSHE 002126 Stock Report

Last reporting period 30 Sep, 2023

Updated 18 Sep, 2024

Last price

Market cap $B

1.927

Small

Exchange

XSHE - Shenzhen Stock Exchange

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Zhejiang Financial Leverage

2.987

Last period Financial Leverage ,CNY

42%

Financial Leverage has increased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Zhejiang Yinlun ?

Zhejiang Yinlun`s Financial Leverage for the last twelve months ended 2023-09-30 is 2.987

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