Changqing Machinery Co

Changqing Machinery Co Interest Coverage

The Interest Coverage Ratio of Changqing Machinery Co (603768.SS) as of Nov 4, 2026 is 1.04. In the previous year, Interest Coverage Ratio was 3.05 — a change of -65.97% (lower).

Interest Coverage

1.04

YoY

-65.97%

Last updated:

Interest Coverage Ratio of Changqing Machinery Co is 2024 1.04 . Interest Coverage Ratio of Changqing Machinery Co was 2023 3.05 . It decreases by -65.97% lower compared to the previous year.

The Changqing Machinery Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
562.79 CNY
Jan 1, 2018
48.42 CNY
Jan 1, 2019
1.67 CNY
Jan 1, 2020
2.79 CNY
Jan 1, 2021
1.59 CNY
Jan 1, 2022
2.27 CNY
Jan 1, 2023
3.05 CNY
Jan 1, 2024
1.04 CNY
The Changqing Machinery Co Interest Coverage history
YEARInterest CoverageYoY
1.04-65.97%
3.05+34.74%
2.27+42.72%
1.59-43.08%
2.79+67.24%
1.67-96.56%
48.42-91.40%
562.79+5,273.00%
10.47+173.55%
3.83+4.80%
3.65—

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Changqing Machinery Co Stock analysis

What does Changqing Machinery Co do? Changqing Machinery Co Ltd, listed on the Shanghai Stock Exchange under ticker 603768.SS, operates as a manufacturer of automotive components. The company is headquartered in Hefei, China, and falls under the Consumer Discretionary sector within the Auto Components industry. It employs 3,322 people and completed its initial public offering on March 24, 2017. Changqing Machinery focuses on the research, development, manufacturing, and sale of automotive stamping and welding parts, primarily for commercial vehicles and passenger cars. Its products include body parts, chassis components, and other automotive parts, which are used across passenger cars, commercial vehicles, and special vehicles. The company's website is http://www.hfcqjx.com/. As a publicly traded entity, Changqing Machinery serves the automotive industry with a focus on component manufacturing, operating within the Chinese market. The company's operations are centered on producing parts that support vehicle assembly processes, with no additional details provided regarding specific clients, revenue figures, or historical milestones beyond the IPO date and employee count. Changqing Machinery Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Changqing Machinery Co stock

Interest Coverage Ratio of Changqing Machinery Co is 1.04 in 2024.

Interest Coverage Ratio of Changqing Machinery Co changed from 3.05 to 1.04, representing a -65.97% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Changqing Machinery Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Changqing Machinery Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Changqing Machinery Co

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