Kuangda Technology Group Co

Kuangda Technology Group Co Interest Coverage

The Interest Coverage Ratio of Kuangda Technology Group Co (002516.SZ) as of Oct 22, 2026 is 149.70. In the previous year, Interest Coverage Ratio was 13.84 — a change of 981.53% (higher).

Interest Coverage

149.70

YoY

981.53%

Last updated:

Interest Coverage Ratio of Kuangda Technology Group Co is 2024 149.70 . Interest Coverage Ratio of Kuangda Technology Group Co was 2023 13.84 . It decreases by 981.53% higher compared to the previous year.

The Kuangda Technology Group Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
5.33 CNY
Jan 1, 2018
7.93 CNY
Jan 1, 2019
7.71 CNY
Jan 1, 2020
12.44 CNY
Jan 1, 2021
55.85 CNY
Jan 1, 2022
102.78 CNY
Jan 1, 2023
13.84 CNY
Jan 1, 2024
149.70 CNY
The Kuangda Technology Group Co Interest Coverage history
YEARInterest CoverageYoY
149.70+981.53%
13.84-86.53%
102.78+84.02%
55.85+348.87%
12.44+61.45%
7.71-2.79%
7.93+48.87%
5.33+205.50%
1.74-50.80%
3.54-52.99%
7.54—

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Kuangda Technology Group Co Stock analysis

What does Kuangda Technology Group Co do? Kuangda Technology Group Co., Ltd. generates revenue through the production and sale of woven fabrics, warp knitted fabrics, and weft knitted fabrics, which are used in automobile seat covers, door planks, and head rests. The company operates manufacturing facilities in Changzhou, Jiangsu, and serves both domestic and overseas markets with its textile products. Additionally, the firm earns income from the investment and operation of photovoltaic power stations, diversifying its revenue streams beyond textile manufacturing. The company's primary customers are automobile manufacturers and suppliers requiring textile materials for vehicle interior components. Its product portfolio includes woven fabrics, warp knitted fabrics, and weft knitted fabrics, all tailored for automotive applications. The firm's operations span from research and development to post-finishing, ensuring comprehensive control over the production process. Kuangda Technology Group's business model combines traditional textile manufacturing with renewable energy investments. The photovoltaic power stations contribute to the company's revenue, complementing its core textile operations. This dual focus allows the company to leverage its manufacturing expertise while tapping into the growing renewable energy sector. Kuangda Technology Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Kuangda Technology Group Co stock

Interest Coverage Ratio of Kuangda Technology Group Co is 149.70 in 2024.

Interest Coverage Ratio of Kuangda Technology Group Co changed from 13.84 to 149.70, representing a 981.53% change. The value is higher than the previous year.

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

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Leverage — Kuangda Technology Group Co

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