Hi Trend Technology Shanghai Co

Hi Trend Technology Shanghai Co Interest Coverage

The Interest Coverage Ratio of Hi Trend Technology Shanghai Co (688391.SS) as of Oct 28, 2026 is 1.09. In the previous year, Interest Coverage Ratio was 2.88 — a change of -62.05% (lower).

Interest Coverage

1.09

YoY

-62.05%

Last updated:

Interest Coverage Ratio of Hi Trend Technology Shanghai Co is 2024 1.09 . Interest Coverage Ratio of Hi Trend Technology Shanghai Co was 2023 2.88 . It decreases by -62.05% lower compared to the previous year.

The Hi Trend Technology Shanghai Co Interest Coverage history

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Interest Coverage
Date
Interest Coverage
Jan 1, 2020
41.64 CNY
Jan 1, 2021
61.87 CNY
Jan 1, 2022
17.06 CNY
Jan 1, 2023
2.88 CNY
Jan 1, 2024
1.09 CNY
The Hi Trend Technology Shanghai Co Interest Coverage history
YEARInterest CoverageYoY
1.09-62.05%
2.88-83.09%
17.06-72.43%
61.87+48.58%
41.64—

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Hi Trend Technology Shanghai Co Stock analysis

What does Hi Trend Technology Shanghai Co do? Hi-Trend Technology (Shanghai) Co., Ltd. generates revenue through the research and development, design, and sales of integrated circuit products. The company's primary products include energy metering chips, smart meter microcontroller unit (MCU) chips, and carrier communication chips, which are sold to customers in the domestic market. The firm focuses on smart grid terminal equipment chips, providing both the chip products and supporting services to its clients. With 225 full-time employees, the company operates as a technology-driven business in the semiconductor industry. The business model centers around the development and marketing of specialized semiconductor solutions for smart grid applications. Hi-Trend Technology's key offerings are energy metering chips, smart meter MCU chips, and carrier communication chips, all designed for use in smart grid terminal equipment. These products are sold primarily within China, serving the domestic market's demand for advanced energy management solutions. The company's revenue streams are derived from the sale of these chips and the associated technical support services. Hi-Trend Technology's target market consists of domestic customers requiring smart grid terminal equipment chips. The firm's products are tailored for energy metering, smart meter operations, and carrier communication within smart grid systems. By focusing on these specific applications, the company establishes a clear value proposition for clients seeking integrated circuit solutions in the energy sector. The domestic market remains the sole geographic focus for sales and service delivery. Hi Trend Technology Shanghai Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hi Trend Technology Shanghai Co stock

Interest Coverage Ratio of Hi Trend Technology Shanghai Co is 1.09 in 2024.

Interest Coverage Ratio of Hi Trend Technology Shanghai Co changed from 2.88 to 1.09, representing a -62.05% change. The value is lower than the previous year.

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

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