Hoymiles Power Electronics

Hoymiles Power Electronics Interest Coverage

The Interest Coverage Ratio of Hoymiles Power Electronics (688032.SS) as of Nov 7, 2026 is 3.30. In the previous year, Interest Coverage Ratio was 3.60 — a change of -8.31% (lower).

Interest Coverage

3.30

YoY

-8.31%

Last updated:

Interest Coverage Ratio of Hoymiles Power Electronics is 2024 3.30 . Interest Coverage Ratio of Hoymiles Power Electronics was 2023 3.60 . It decreases by -8.31% lower compared to the previous year.

The Hoymiles Power Electronics Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
5.84 CNY
Jan 1, 2019
20.66 CNY
Jan 1, 2020
39.83 CNY
Jan 1, 2021
49.32 CNY
Jan 1, 2022
4.04 CNY
Jan 1, 2023
3.60 CNY
Jan 1, 2024
3.30 CNY
The Hoymiles Power Electronics Interest Coverage history
YEARInterest CoverageYoY
3.30-8.31%
3.60-10.95%
4.04-91.81%
49.32+23.81%
39.83+92.83%
20.66+253.55%
5.84—

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Hoymiles Power Electronics Stock analysis

What does Hoymiles Power Electronics do? Hoymiles Power Electronics Inc generates revenue through the R&D, manufacturing, and sales of photovoltaic inverter power conversion equipment, including micro inverters and modular inverters, along with monitoring equipment for distributed photovoltaic power generation systems. The company serves global solar investors and end users in both domestic and foreign markets, offering complete electrical equipment such as high-voltage switchgear, low-voltage switchgear, and distribution cabinets. Its primary customers are solar project developers and installers seeking efficient power conversion solutions for residential and commercial solar installations. The firm's product portfolio targets the solar energy sector, with micro inverters and modular inverters designed for optimal performance in distributed solar systems. High-voltage and low-voltage switchgear products cater to electrical infrastructure needs, while monitoring equipment ensures system efficiency and reliability. These solutions are marketed to global solar investors and end users who prioritize advanced power conversion technology for their photovoltaic installations. Hoymiles Power Electronics Inc's business model focuses on delivering integrated solar power solutions, combining hardware and monitoring capabilities to meet the demands of the growing renewable energy market. The company's domestic and international sales channels drive revenue from both established and emerging solar markets, leveraging its R&D capabilities to maintain a competitive edge in the photovoltaic inverter industry. Hoymiles Power Electronics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hoymiles Power Electronics stock

Interest Coverage Ratio of Hoymiles Power Electronics is 3.30 in 2024.

Interest Coverage Ratio of Hoymiles Power Electronics changed from 3.60 to 3.30, representing a -8.31% change. The value is lower than the previous year.

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

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Leverage — Hoymiles Power Electronics

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