JDM Jingda Machine (Ningbo) Co

JDM Jingda Machine (Ningbo) Co Interest Coverage

The Interest Coverage Ratio of JDM Jingda Machine (Ningbo) Co (603088.SS) as of Nov 3, 2026 is 14.11. In the previous year, Interest Coverage Ratio was 6.70 — a change of 110.50% (higher).

Interest Coverage

14.11

YoY

110.50%

Last updated:

Interest Coverage Ratio of JDM Jingda Machine (Ningbo) Co is 2024 14.11 . Interest Coverage Ratio of JDM Jingda Machine (Ningbo) Co was 2023 6.70 . It decreases by 110.50% higher compared to the previous year.

The JDM Jingda Machine (Ningbo) Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
14.35 CNY
Jan 1, 2018
6.36 CNY
Jan 1, 2019
15.31 CNY
Jan 1, 2020
16.58 CNY
Jan 1, 2021
16.75 CNY
Jan 1, 2022
7.69 CNY
Jan 1, 2023
6.70 CNY
Jan 1, 2024
14.11 CNY
The JDM Jingda Machine (Ningbo) Co Interest Coverage history
YEARInterest CoverageYoY
14.11+110.50%
6.70-12.87%
7.69-54.09%
16.75+1.07%
16.58+8.28%
15.31+140.66%
6.36-55.68%
14.35+218.93%
4.50-21.60%
5.74-56.62%
13.23—

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JDM Jingda Machine (Ningbo) Co Stock analysis

What does JDM Jingda Machine (Ningbo) Co do? JDM Jingda Machine (Ningbo) Co., Ltd. generates revenue through the manufacturing and sale of specialized machinery for the heat exchanger industry. The company produces high-speed precision fin fins, expanders, pipe benders, and micro-channel heat exchanger equipment, alongside precision press products like fixed-rotor high-speed precision presses and ultra-high speed variable stroke precision presses. These products are primarily sold to manufacturers of air-conditioning heat exchangers, automobile heat exchangers, and automotive parts, as well as to companies in the cemented carbide, powder metallurgy, and ceramic sectors. Domestic and overseas markets represent the key distribution channels for the firm's equipment. The company’s product portfolio targets industrial applications requiring high precision, including the production of stators, rotors, and electronic connectors. Its machinery is utilized in processing materials such as cemented carbide, powder metallurgy, and magnetic materials, supporting clients in the automotive, HVAC, and appliance industries. Sales are driven by demand for efficient heat exchanger production systems and precision manufacturing equipment across both domestic and international markets. JDM Jingda Machine’s revenue streams are derived from direct sales of its machinery to industrial clients in the heat exchanger and precision press sectors. The firm’s equipment is integral to manufacturing processes in the air-conditioning, automotive, and appliance industries, with a focus on components like heat exchangers and automotive parts. Overseas markets complement the domestic sales, ensuring a diversified customer base across multiple industrial segments. JDM Jingda Machine (Ningbo) Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about JDM Jingda Machine (Ningbo) Co stock

Interest Coverage Ratio of JDM Jingda Machine (Ningbo) Co is 14.11 in 2024.

Interest Coverage Ratio of JDM Jingda Machine (Ningbo) Co changed from 6.70 to 14.11, representing a 110.50% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio JDM Jingda Machine (Ningbo) 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 JDM Jingda Machine (Ningbo) Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — JDM Jingda Machine (Ningbo) Co

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