Longxing Technology Group Co

Longxing Technology Group Co Interest Coverage

The Interest Coverage Ratio of Longxing Technology Group Co (002442.SZ) as of Oct 28, 2026 is 3.24. In the previous year, Interest Coverage Ratio was 3.80 — a change of -14.61% (lower).

Interest Coverage

3.24

YoY

-14.61%

Last updated:

Interest Coverage Ratio of Longxing Technology Group Co is 2024 3.24 . Interest Coverage Ratio of Longxing Technology Group Co was 2023 3.80 . It decreases by -14.61% lower compared to the previous year.

The Longxing Technology Group Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
2.27 CNY
Jan 1, 2018
3.61 CNY
Jan 1, 2019
1.60 CNY
Jan 1, 2020
3.27 CNY
Jan 1, 2021
4.75 CNY
Jan 1, 2022
8.46 CNY
Jan 1, 2023
3.80 CNY
Jan 1, 2024
3.24 CNY
The Longxing Technology Group Co Interest Coverage history
YEARInterest CoverageYoY
3.24-14.61%
3.80-55.13%
8.46+78.16%
4.75+45.06%
3.27+104.63%
1.60-55.64%
3.61+58.63%
2.27+39.30%
1.63-206.81%
-1.53+1,993.42%
-0.07—

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Longxing Technology Group Co Stock analysis

What does Longxing Technology Group Co do? Longxing Chemical Stock Co., Ltd. generates revenue by producing carbon black for rubber applications, primarily targeting tire and rubber product manufacturers. The company offers specific carbon black series including N100, N200, N300, N500, N600, and N700, which are used in tire manufacturing and other rubber goods. Its products are distributed both domestically within China and internationally, serving the rubber industry's demand for essential materials. The firm also provides coal tar processing products as part of its offerings. The company's primary customers are manufacturers of tires and rubber products, who rely on its carbon black series for their production processes. These customers purchase the N-series carbon black products to enhance the quality and performance of rubber-based materials. The domestic market remains a key distribution channel, alongside overseas markets where the company's products are sold to international rubber and tire producers. Longxing Chemical Stock Co., Ltd. focuses on the production of carbon black and coal tar processing products, with its carbon black series being the core revenue driver. The company's product portfolio targets the rubber industry's need for high-quality carbon black, which is critical for tire manufacturing. Its distribution strategy covers both domestic and international markets to maximize sales reach and customer base. Longxing Technology Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Longxing Technology Group Co stock

Interest Coverage Ratio of Longxing Technology Group Co is 3.24 in 2024.

Interest Coverage Ratio of Longxing Technology Group Co changed from 3.80 to 3.24, representing a -14.61% change. The value is lower than the previous year.

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

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Leverage — Longxing Technology Group Co

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