Chieftek Precision Co

Chieftek Precision Co Interest Coverage

The Interest Coverage Ratio of Chieftek Precision Co (1597.TW) as of Oct 11, 2026 is 8.72. In the previous year, Interest Coverage Ratio was 7.42 — a change of 17.59% (higher).

Interest Coverage

8.72

YoY

17.59%

Last updated:

Interest Coverage Ratio of Chieftek Precision Co is 2024 8.72 . Interest Coverage Ratio of Chieftek Precision Co was 2023 7.42 . It decreases by 17.59% higher compared to the previous year.

The Chieftek Precision Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
10.82 TWD
Jan 1, 2018
54.71 TWD
Jan 1, 2019
9.08 TWD
Jan 1, 2020
12.73 TWD
Jan 1, 2021
13.45 TWD
Jan 1, 2022
7.64 TWD
Jan 1, 2023
7.42 TWD
Jan 1, 2024
8.72 TWD
The Chieftek Precision Co Interest Coverage history
YEARInterest CoverageYoY
8.72+17.59%
7.42-2.86%
7.64-43.21%
13.45+5.67%
12.73+40.24%
9.08-83.41%
54.71+405.67%
10.82+86.60%
5.80+19.97%
4.83—
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Chieftek Precision Co Stock analysis

What does Chieftek Precision Co do? Chieftek Precision Co Ltd is a leading Taiwanese manufacturer of precision tools and automation solutions for the semiconductor, electronics, medical, automotive, and aerospace industries. The company was founded in 1990 by Mr. Yung-Chang Lai and is headquartered in Hsinchu, Taiwan. History: Chieftek has grown from a small tool manufacturer to a multinational company. Since its founding, the company has continuously invested in research and development of advanced technologies to meet the needs of customers worldwide. In 2003, the first overseas subsidiary was established in America, followed by the establishment of additional locations in China, Japan, and Singapore. Today, Chieftek is present globally and has production facilities and branches in ten countries. Business model: Chieftek strives to be a high-quality manufacturer of precision tools and automation solutions. The company places great importance on innovative product development, technical support, and excellent customer service. Chieftek works with customers to develop customized solutions that meet their specific requirements. The company emphasizes quick response time and high flexibility in production to meet rapidly changing market needs. Segments: Chieftek offers a wide range of products and services divided into five business divisions: precision tools, automation, precision parts, engineering services, and after-sales service. Precision Tools: Chieftek's precision tools are used in the semiconductor, electronics, and automotive industries. The tools include semiconductor mold stamps, deep-drawing molds, precision punching tools, form cutters, hard coating diamond tools (CVD-D technology), carbide tools, and ceramic cutting tools. Automation: Chieftek's automation solutions include robotics and control systems, assembly lines, automated inspection systems, automated storage and retrieval systems (ASRS), and high-speed horizontal, vertical, and gantry cranes. Precision Parts: Chieftek's precision parts include components and parts for the semiconductor, electronics, automotive, and aerospace industries. These include gear assemblies, precision tips, precision milling parts and assemblies, CNC machining parts, and customizations. Engineering Services: Chieftek's engineering services include technical support, design and consulting, quality control, and project management services. The company also works closely with customers to tailor customized solutions to their specific requirements. After-Sales Service: Chieftek provides after-sales service and technical support to its customers worldwide to ensure they get the best performance from their products. The company prides itself on quick response times and high customer satisfaction. Summary: Chieftek Precision Co Ltd is a leading Taiwanese manufacturer of precision tools and automation solutions for the semiconductor, electronics, medical, automotive, and aerospace industries. The company has a long history of innovation and commitment to meeting the needs of its customers worldwide. Chieftek is divided into five business divisions, offering a wide range of products and services, including precision tools, automation, precision parts, engineering services, and after-sales service. The company has production facilities and branches in ten countries and continuously strives to provide its customers with the best possible solutions. Chieftek Precision Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Chieftek Precision Co stock

Interest Coverage Ratio of Chieftek Precision Co is 8.72 in 2024.

Interest Coverage Ratio of Chieftek Precision Co changed from 7.42 to 8.72, representing a 17.59% change. The value is higher than the previous year.

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

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