Northeast Electric Development Co

Northeast Electric Development Co Interest Coverage

The Interest Coverage Ratio of Northeast Electric Development Co (42.HK) as of Oct 31, 2026 is -43.69. In the previous year, Interest Coverage Ratio was -23.91 — a change of 82.74% (lower).

Interest Coverage

-43.69

YoY

82.74%

Last updated:

Interest Coverage Ratio of Northeast Electric Development Co is 2024 -43.69 . Interest Coverage Ratio of Northeast Electric Development Co was 2023 -23.91 . It decreases by 82.74% lower compared to the previous year.

The Northeast Electric Development Co Interest Coverage history

  • 3 Years

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  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-63.87 CNY
Jan 1, 2018
-101.78 CNY
Jan 1, 2019
-10.24 CNY
Jan 1, 2020
1.68 CNY
Jan 1, 2021
-68.32 CNY
Jan 1, 2022
-45.67 CNY
Jan 1, 2023
-23.91 CNY
Jan 1, 2024
-43.69 CNY
The Northeast Electric Development Co Interest Coverage history
YEARInterest CoverageYoY
-43.69+82.74%
-23.91-47.65%
-45.67-33.15%
-68.32-4,172.58%
1.68-116.38%
-10.24-89.94%
-101.78+59.34%
-63.87-88.66%
-563.24-6,462.86%
8.85—

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Northeast Electric Development Co Stock analysis

What does Northeast Electric Development Co do? Northeast Electric Development Co., Ltd. operates as an investment holding company based in Haikou, Hainan, with a workforce of 307 full-time employees. The firm generates revenue by manufacturing and selling power transmission equipment and related accessories, specifically focusing on products such as power capacitors, closed bus-bars, and high-voltage switch combined electric appliances. These items are designed for application in power systems to enhance voltage quality and increase the transmission power of transmission lines. The company distributes its products exclusively within the domestic market, targeting the northeast area of China and North China as its primary sales regions. By supplying these essential electrical components, the firm supports the infrastructure needs of its domestic clients, ensuring efficient power system operations through its specialized manufacturing capabilities. Northeast Electric Development Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Northeast Electric Development Co stock

Interest Coverage Ratio of Northeast Electric Development Co is -43.69 in 2024.

Interest Coverage Ratio of Northeast Electric Development Co changed from -23.91 to -43.69, representing a 82.74% change. The value is lower than the previous year.

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

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Leverage — Northeast Electric Development Co

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