China Meheco Group Co

China Meheco Group Co Interest Coverage

The Interest Coverage Ratio of China Meheco Group Co (600056.SS) as of Oct 19, 2026 is 5.10. In the previous year, Interest Coverage Ratio was 20.19 — a change of -74.72% (lower).

Interest Coverage

5.10

YoY

-74.72%

Last updated:

Interest Coverage Ratio of China Meheco Group Co is 2024 5.10 . Interest Coverage Ratio of China Meheco Group Co was 2023 20.19 . It decreases by -74.72% lower compared to the previous year.

The China Meheco Group Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
17.89 CNY
Jan 1, 2018
4.32 CNY
Jan 1, 2019
11.34 CNY
Jan 1, 2020
10.71 CNY
Jan 1, 2021
9.67 CNY
Jan 1, 2022
12.46 CNY
Jan 1, 2023
20.19 CNY
Jan 1, 2024
5.10 CNY
The China Meheco Group Co Interest Coverage history
YEARInterest CoverageYoY
5.10-74.72%
20.19+62.08%
12.46+28.87%
9.67-9.75%
10.71-5.50%
11.34+162.57%
4.32-75.87%
17.89-84.04%
112.08+390.19%
22.86+152.96%
9.04—

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China Meheco Group Co Stock analysis

What does China Meheco Group Co do? China Meheco Group Co Ltd is a healthcare company based in Beijing, China, operating within the healthcare sector. The company has been publicly traded since May 15, 1997, with its stock listed under the ticker 600056.SS and ISIN CNE000000Q29. It employs 8,313 full-time staff. China Meheco Group engages in the wholesale distribution of medicines, drugs, and Chinese herbal medicine. The company's operations are structured into three main segments: Industrial Pharmaceutical, Commercial Pharmaceutical, and Trading. The Industrial Pharmaceutical segment focuses on the manufacturing and distribution of chemical preparations, chemical bulk drugs, biological products, Chinese patent medicine, and herbal decoction pieces. The Commercial Pharmaceutical segment handles the wholesale and distribution of pharmaceuticals and medical devices. The Trading segment is involved in international exporting and the introduction of medical resources. The company maintains a website at http://www.meheco.com for further information. China Meheco Group operates within the healthcare industry, contributing to the pharmaceutical supply chain in China and beyond through its diversified business segments. China Meheco Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about China Meheco Group Co stock

Interest Coverage Ratio of China Meheco Group Co is 5.10 in 2024.

Interest Coverage Ratio of China Meheco Group Co changed from 20.19 to 5.10, representing a -74.72% change. The value is lower than the previous year.

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

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Leverage — China Meheco Group Co

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