QITIAN Technology Group Co

QITIAN Technology Group Co Interest Coverage

The Interest Coverage Ratio of QITIAN Technology Group Co (300061.SZ) as of Nov 4, 2026 is 0.12. In the previous year, Interest Coverage Ratio was 4.59 — a change of -97.30% (lower).

Interest Coverage

0.12

YoY

-97.30%

Last updated:

Interest Coverage Ratio of QITIAN Technology Group Co is 2024 0.12 . Interest Coverage Ratio of QITIAN Technology Group Co was 2023 4.59 . It decreases by -97.30% lower compared to the previous year.

The QITIAN Technology Group Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
17.92 CNY
Jan 1, 2017
64.33 CNY
Jan 1, 2018
33.74 CNY
Jan 1, 2019
7.98 CNY
Jan 1, 2020
1.94 CNY
Jan 1, 2021
0.84 CNY
Jan 1, 2022
4.59 CNY
Jan 1, 2024
0.12 CNY
The QITIAN Technology Group Co Interest Coverage history
YEARInterest CoverageYoY
0.12-97.30%
4.59+444.21%
0.84-56.59%
1.94-75.63%
7.98-76.36%
33.74-47.55%
64.33+258.95%
17.92+99.70%
8.97+88.56%
4.76—

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QITIAN Technology Group Co Stock analysis

What does QITIAN Technology Group Co do? QITIAN Technology Group Co., Ltd. generates revenue through its fintech service business, which offers intelligent data analysis, decision support, marketing promotion, customer acquisition, flow distribution, and risk judgment services. The company provides value-added services including commodities, equity, instalment, and insurance to individual customers. Its resin lens production and sales business focuses on manufacturing and selling resin lenses along with lens processing services, targeting both domestic and overseas markets. The firm serves clients requiring digital marketing technology solutions and lens manufacturing needs. The fintech services segment caters to businesses seeking intelligent marketing, risk control, and customer acquisition capabilities, leveraging technology, data, and business expertise. Resin lens production targets customers needing optical components, with distribution across domestic and international markets. The company's revenue streams are derived from service contracts and product sales within these two core business areas. QITIAN Technology Group's primary customers include businesses requiring data-driven marketing solutions and individual consumers seeking value-added financial services. The resin lens business serves clients in the optical industry, with products distributed domestically and internationally. Revenue is generated through direct sales of fintech services and resin lenses, supported by the company's comprehensive technology and data infrastructure. QITIAN Technology Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about QITIAN Technology Group Co stock

Interest Coverage Ratio of QITIAN Technology Group Co is 0.12 in 2024.

Interest Coverage Ratio of QITIAN Technology Group Co changed from 4.59 to 0.12, representing a -97.30% change. The value is lower than the previous year.

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

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Leverage — QITIAN Technology Group Co

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