Chengdu Xingrong Environment Co

Chengdu Xingrong Environment Co Interest Coverage

The Interest Coverage Ratio of Chengdu Xingrong Environment Co (000598.SZ) as of Nov 4, 2026 is 7.20. In the previous year, Interest Coverage Ratio was 9.08 — a change of -20.66% (lower).

Interest Coverage

7.20

YoY

-20.66%

Last updated:

Interest Coverage Ratio of Chengdu Xingrong Environment Co is 2024 7.20 . Interest Coverage Ratio of Chengdu Xingrong Environment Co was 2023 9.08 . It decreases by -20.66% lower compared to the previous year.

The Chengdu Xingrong Environment Co Interest Coverage history

  • 3 Years

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  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
15.73 CNY
Jan 1, 2018
15.08 CNY
Jan 1, 2019
14.07 CNY
Jan 1, 2020
14.81 CNY
Jan 1, 2021
10.26 CNY
Jan 1, 2022
7.90 CNY
Jan 1, 2023
9.08 CNY
Jan 1, 2024
7.20 CNY
The Chengdu Xingrong Environment Co Interest Coverage history
YEARInterest CoverageYoY
7.20-20.66%
9.08+14.88%
7.90-22.98%
10.26-30.71%
14.81+5.26%
14.07-6.74%
15.08-4.10%
15.73+26.07%
12.48-14.59%
14.61+24.13%
11.77—

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Chengdu Xingrong Environment Co Stock analysis

What does Chengdu Xingrong Environment Co do? Chengdu Xingrong Environment Co., Ltd. generates revenue through large-scale water environmental protection integrated services. The company supplies tap water, treats domestic and industrial wastewater, handles sludge disposal, reuses reclaimed water, and operates waste power generation. Its main market is the southwest region of China, where it serves municipal and industrial clients with these environmental services. The firm primarily targets local government entities and industrial enterprises requiring comprehensive water management solutions. The company's revenue streams include water supply services, wastewater treatment contracts, sludge disposal agreements, reclaimed water reuse systems, and waste power generation projects. These services are delivered across the southwest China market, focusing on sustainable water resource management for both public and private sector clients. Chengdu Xingrong Environment operates as a full-service provider in the water environmental protection sector within its regional market. With 4,698 full-time employees, the company supports its service delivery across multiple segments of water environmental protection. Its business model centers on providing end-to-end solutions for water resource management, from supply to treatment and reuse. The firm's operations are concentrated in the domestic market, particularly in the southwest area of China, where it serves as a key provider for municipal and industrial water management needs. Chengdu Xingrong Environment Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Chengdu Xingrong Environment Co stock

Interest Coverage Ratio of Chengdu Xingrong Environment Co is 7.20 in 2024.

Interest Coverage Ratio of Chengdu Xingrong Environment Co changed from 9.08 to 7.20, representing a -20.66% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Chengdu Xingrong Environment 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 Chengdu Xingrong Environment Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Chengdu Xingrong Environment Co

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