Jianglong Shipbuilding Co

Jianglong Shipbuilding Co Interest Coverage

The Interest Coverage Ratio of Jianglong Shipbuilding Co (300589.SZ) as of Oct 27, 2026 is 1.35. In the previous year, Interest Coverage Ratio was 2.83 — a change of -52.41% (lower).

Interest Coverage

1.35

YoY

-52.41%

Last updated:

Interest Coverage Ratio of Jianglong Shipbuilding Co is 2024 1.35 . Interest Coverage Ratio of Jianglong Shipbuilding Co was 2023 2.83 . It decreases by -52.41% lower compared to the previous year.

The Jianglong Shipbuilding Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
16.55 CNY
Jan 1, 2018
7.46 CNY
Jan 1, 2019
18.92 CNY
Jan 1, 2020
4.26 CNY
Jan 1, 2021
9.27 CNY
Jan 1, 2022
0.59 CNY
Jan 1, 2023
2.83 CNY
Jan 1, 2024
1.35 CNY
The Jianglong Shipbuilding Co Interest Coverage history
YEARInterest CoverageYoY
1.35-52.41%
2.83+379.43%
0.59-93.63%
9.27+117.75%
4.26-77.51%
18.92+153.45%
7.46-54.89%
16.55+175.63%
6.00-25.60%
8.07-32.46%
11.95—

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Jianglong Shipbuilding Co Stock analysis

What does Jianglong Shipbuilding Co do? Jianglong Shipbuilding Co., Ltd. generates revenue by designing, manufacturing, and selling patrol boats, tourism leisure boats, and passenger boats made from steel, aluminum alloy, fiberglass, and composite materials. The company targets domestic and international markets, including Australia, Nigeria, and the Philippines, with its tourist and leisure boats such as passenger boats, sightseeing boats, and luxury yachts. Official law enforcement boats like patrol boats, law enforcement boats, and anti-smuggling boats also contribute to sales, alongside special operations boats including fire ships, scientific research ships, and pilot ships. Maintenance services and application design further support revenue streams. The firm's product segments are clearly divided into tourist and leisure boats, official law enforcement boats, and special operations boats. Domestic and international customers purchase these vessels for various purposes, with tourism, law enforcement, and specialized operations being key drivers. The company employs 710 full-time employees to support its manufacturing and sales activities, focusing on steel, aluminum alloy, fiberglass, and composite material construction. Jianglong Shipbuilding Co., Ltd. serves both government entities and private tourism operators through its law enforcement and leisure boat offerings. International markets such as Australia, Nigeria, and the Philippines are significant buyers of its vessels, particularly for patrol and tourism applications. The company's revenue model relies on direct sales of physical boats and related services, without mentioning any third-party partnerships or additional revenue streams beyond those described. Jianglong Shipbuilding Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Jianglong Shipbuilding Co stock

Interest Coverage Ratio of Jianglong Shipbuilding Co is 1.35 in 2024.

Interest Coverage Ratio of Jianglong Shipbuilding Co changed from 2.83 to 1.35, representing a -52.41% change. The value is lower than the previous year.

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

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Leverage — Jianglong Shipbuilding Co

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