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Liaoning Hezhan Energy Group Co.,Ltd. (China)

Main Activities: Real Estate
Full name: Liaoning Hezhan Energy Group Co.,Ltd. Profile Updated: October 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Tieling Newcity Investment Holding (Group) Limited, located in Tieling, is a company that underwent a major asset restructuring in 2011. They sold all their assets and liabilities and injected 100% equity into Tieling Caijing, making it a wholly-owned subsidiary of Zhonghui Medicine. The company's main business shifted from processing traditional Chinese medicine and Chinese patent medicine to first-level land development and the construction and operation of municipal infrastructure. Tieling Caijing is authorized by the Tieling Municipal People's Government to be the comprehensive urban operator of Tieling New City, specifically engaged in first-level land development and urban infrastructure operation. Tieling Caijing, entrusted by the Tieling Municipal Government and the Tieling Land Reserve Center, organizes the demolition and construction of municipal infrastructure for state-owned construction land reserved by the Tieling Municipal Government through acquisition, recovery, and requisition in accordance with the law. They also obtained the franchise rights for water supply, taxi operation, and sewage treatment in the new city area. On May 30, 2019, the company changed its full name from "Tieling Newcity Investment Holding Co., Ltd." to "Tieling Newcity Investment Holding (Group) Co., Ltd."

Headquarters
Building 38-1, No. 42, Kunlun Mountain Road, Fanhe New District, Tieling City, Liaoning Province
Tieling; Liaoning; Postal Code: 112000

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Website: http://www.tielingnewcity.com.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 20, 1989
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Director
Ownership Details
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25%
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9.29%
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1.46%
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1.27%
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1.23%
Subsidiaries
Beijing Hezhan Energy Co., Ltd.
Liaoning Changhe Wind Power Equipment Co., Ltd.
Tieling Caijing Automobile Leasing Co., Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
121.16%
Total operating revenue
121.16%
Operating profit (EBIT)
-9.06%
Net Profit (Loss) for the Period
-9.54%
Total assets
9.83%
Total equity
20.04%
Operating Profit Margin (ROS)
112.47%
Net Profit Margin
112.02%
Return on Equity (ROE)
0.22%
Debt to Equity Ratio
-1.42%
Quick Ratio
0.64%
Cash Ratio
0.44%

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