Nanxing Machinery Co

Nanxing Machinery Co Interest Coverage

The Interest Coverage Ratio of Nanxing Machinery Co (002757.SZ) as of Oct 22, 2026 is -5.24. In the previous year, Interest Coverage Ratio was 12.95 — a change of -140.47% (lower).

Interest Coverage

-5.24

YoY

-140.47%

Last updated:

Interest Coverage Ratio of Nanxing Machinery Co is 2024 -5.24 . Interest Coverage Ratio of Nanxing Machinery Co was 2023 12.95 . It decreases by -140.47% lower compared to the previous year.

The Nanxing Machinery Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
57.06 CNY
Jan 1, 2018
32.59 CNY
Jan 1, 2019
19.21 CNY
Jan 1, 2020
302.83 CNY
Jan 1, 2021
27.27 CNY
Jan 1, 2022
15.06 CNY
Jan 1, 2023
12.95 CNY
Jan 1, 2024
-5.24 CNY
The Nanxing Machinery Co Interest Coverage history
YEARInterest CoverageYoY
-5.24-140.47%
12.95-14.01%
15.06-44.79%
27.27-90.99%
302.83+1,476.16%
19.21-41.05%
32.59-42.87%
57.06-85.04%
381.28+4,183.00%
8.90+29.59%
6.87—

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Nanxing Machinery Co Stock analysis

What does Nanxing Machinery Co do? Nanxing Machinery Co., Ltd. generates revenue through the sale of panel furniture line equipment, including automatic edge banding machines, numerical controlled panel saws, multi-spindle drilling machines, precise sliding table saws, and machining centers. These products are primarily sold to manufacturers in the plate furniture industry, custom furniture makers, component cabinet producers, wooden door and floor manufacturers, and companies processing artificial boards for construction, decoration, automotive, and shipbuilding sectors. The company serves both domestic and overseas markets with its machinery and related accessories. The firm’s product portfolio targets industrial applications requiring precision in processing artificial boards, such as custom furniture manufacturing, component cabinets, and wooden doors. Its machinery is designed for efficiency in production lines, supporting clients across multiple industries that rely on artificial board processing. Nanxing Machinery’s equipment is distributed globally, catering to clients in construction, decoration, automotive, and shipbuilding industries that require specialized woodworking solutions. Nanxing Machinery Co., Ltd. focuses on delivering high-precision machinery for the plate furniture industry, with a strong presence in domestic markets and international exports. The company’s revenue streams are driven by direct sales of its equipment and accessories to industrial clients, including manufacturers of custom furniture, component cabinets, wooden doors, floors, and artificial board processors. Its global distribution network ensures accessibility to clients in construction, decoration, automotive, and shipbuilding sectors. Nanxing Machinery Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nanxing Machinery Co stock

Interest Coverage Ratio of Nanxing Machinery Co is -5.24 in 2024.

Interest Coverage Ratio of Nanxing Machinery Co changed from 12.95 to -5.24, representing a -140.47% change. The value is lower than the previous year.

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

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Leverage — Nanxing Machinery Co

All Key Metrics — Nanxing Machinery Co