Fulongma Group Co

Fulongma Group Co Interest Coverage

The Interest Coverage Ratio of Fulongma Group Co (603686.SS) as of Nov 4, 2026 is 53.11. In the previous year, Interest Coverage Ratio was 96.13 — a change of -44.76% (lower).

Interest Coverage

53.11

YoY

-44.76%

Last updated:

Interest Coverage Ratio of Fulongma Group Co is 2024 53.11 . Interest Coverage Ratio of Fulongma Group Co was 2023 96.13 . It decreases by -44.76% lower compared to the previous year.

The Fulongma Group Co Interest Coverage history

  • 3 Years

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  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
22.64 CNY
Jan 1, 2018
9.75 CNY
Jan 1, 2019
46.74 CNY
Jan 1, 2020
47.40 CNY
Jan 1, 2021
31.78 CNY
Jan 1, 2022
153.03 CNY
Jan 1, 2023
96.13 CNY
Jan 1, 2024
53.11 CNY
The Fulongma Group Co Interest Coverage history
YEARInterest CoverageYoY
53.11-44.76%
96.13-37.18%
153.03+381.57%
31.78-32.95%
47.40+1.40%
46.74+379.17%
9.75-56.91%
22.64+26.97%
17.83+3.73%
17.19-22.56%
22.20—

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Fulongma Group Co Stock analysis

What does Fulongma Group Co do? Fulongma Group Co Ltd manufactures and sells garbage removal vehicles and sanitation equipment through its three segments. The Sanitation and Cleaning Equipment segment develops and markets sweeping and sweeping vehicles, vacuum cleaners, environmental monitoring vehicles, wall cleaning vehicles, and kitchen garbage trucks. The Garbage Collection and Transfer Equipment segment focuses on similar products for waste management. The Environmental Sanitation Industry Services division provides public services including road and public place cleaning, domestic waste classification, collection, cleaning, transportation, disposal, public toilet management, and smart sanitation solutions. Customers include municipal governments and property management companies seeking comprehensive sanitation solutions. The company's revenue streams come from product sales in the Sanitation and Cleaning Equipment and Garbage Collection and Transfer Equipment segments, as well as service contracts with local governments and property management firms for environmental sanitation services. Municipal authorities purchase the vehicles and equipment for public sanitation needs, while property management companies contract for ongoing cleaning and waste management services. The firm's product portfolio targets urban infrastructure development and public health initiatives. Fulongma Group's business model combines manufacturing and service delivery, with the Environmental Sanitation Industry Services division generating recurring revenue from long-term municipal contracts. The Sanitation and Cleaning Equipment and Garbage Collection and Transfer Equipment segments provide one-time product sales to government and private sector clients. The company's offerings align with urbanization trends and public health requirements in China's growing cities. Fulongma Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fulongma Group Co stock

Interest Coverage Ratio of Fulongma Group Co is 53.11 in 2024.

Interest Coverage Ratio of Fulongma Group Co changed from 96.13 to 53.11, representing a -44.76% change. The value is lower than the previous year.

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

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Leverage — Fulongma Group Co

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