Hymson Laser Technology Group Co

Hymson Laser Technology Group Co Interest Coverage

The Interest Coverage Ratio of Hymson Laser Technology Group Co (688559.SS) as of Nov 9, 2026 is -5.10. In the previous year, Interest Coverage Ratio was 24.61 — a change of -120.73% (lower).

Interest Coverage

-5.10

YoY

-120.73%

Last updated:

Interest Coverage Ratio of Hymson Laser Technology Group Co is 2024 -5.10 . Interest Coverage Ratio of Hymson Laser Technology Group Co was 2023 24.61 . It decreases by -120.73% lower compared to the previous year.

The Hymson Laser Technology Group Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
13.82 CNY
Jan 1, 2018
37.23 CNY
Jan 1, 2019
32.19 CNY
Jan 1, 2020
5.66 CNY
Jan 1, 2021
97.12 CNY
Jan 1, 2022
24.40 CNY
Jan 1, 2023
24.61 CNY
Jan 1, 2024
-5.10 CNY
The Hymson Laser Technology Group Co Interest Coverage history
YEARInterest CoverageYoY
-5.10-120.73%
24.61+0.88%
24.40-74.88%
97.12+1,615.99%
5.66-82.42%
32.19-13.53%
37.23+169.32%
13.82—

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Hymson Laser Technology Group Co Stock analysis

What does Hymson Laser Technology Group Co do? Hymson Laser Technology Group Co., Ltd. generates revenue through the R&D, design, production, and sales of laser and automation equipment for consumer electronics, power batteries, and sheet metal processing industries. The company's main products include power battery laser and automation equipment, 3C consumer electronic laser and automation equipment, and sheet metal laser cutting equipment, all sold primarily within the domestic market. Its customer segments consist of manufacturers in consumer electronics, power battery production, and sheet metal processing sectors who require advanced laser solutions for their manufacturing processes. The firm's domestic focus allows it to serve these industry-specific needs without international expansion. The company's revenue streams are derived from the sale of its three primary product categories, each tailored to specific industrial applications. Power battery laser equipment targets the growing electric vehicle and energy storage markets, while 3C consumer electronics equipment supports smartphone and wearable device manufacturing. Sheet metal laser cutting equipment serves metal fabrication industries requiring precision cutting solutions. These products are sold directly to industrial clients within China, leveraging the company's domestic market presence. Hymson Laser Technology Group's business model centers on providing specialized laser technology solutions for key industrial sectors. By focusing on three distinct product lines aligned with major market segments, the company captures revenue from manufacturers seeking to enhance production efficiency and quality through laser-based automation. The domestic market orientation ensures the company's offerings meet localized industry demands without the complexities of international sales channels. Hymson Laser Technology Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hymson Laser Technology Group Co stock

Interest Coverage Ratio of Hymson Laser Technology Group Co is -5.10 in 2024.

Interest Coverage Ratio of Hymson Laser Technology Group Co changed from 24.61 to -5.10, representing a -120.73% change. The value is lower than the previous year.

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

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Leverage — Hymson Laser Technology Group Co

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