Qian Xun Technology

Qian Xun Technology Interest Coverage

The Interest Coverage Ratio of Qian Xun Technology (1640.HK) as of Oct 30, 2026 is -11.30. In the previous year, Interest Coverage Ratio was -3.41 — a change of 231.59% (lower).

Interest Coverage

-11.30

YoY

231.59%

Last updated:

Interest Coverage Ratio of Qian Xun Technology is 2024 -11.30 . Interest Coverage Ratio of Qian Xun Technology was 2023 -3.41 . It decreases by 231.59% lower compared to the previous year.

The Qian Xun Technology Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
38.04 CNY
Jan 1, 2018
13.79 CNY
Jan 1, 2019
22.88 CNY
Jan 1, 2020
1.82 CNY
Jan 1, 2021
1.05 CNY
Jan 1, 2022
-3.96 CNY
Jan 1, 2023
-3.41 CNY
Jan 1, 2024
-11.30 CNY
The Qian Xun Technology Interest Coverage history
YEARInterest CoverageYoY
-11.30+231.59%
-3.41-13.91%
-3.96-476.40%
1.05-42.20%
1.82-92.05%
22.88+65.96%
13.79-63.76%
38.04+677.46%
4.89—

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Qian Xun Technology Stock analysis

What does Qian Xun Technology do? Ruicheng China Media Group Ltd is a Chinese company that specializes in the production of audio and video material, as well as the dissemination of information and news. It was founded in 1998 and has since become one of the most significant media companies in China. The business model of Ruicheng China Media Group Ltd is based on creating and marketing high-quality content in the areas of entertainment, education, news, and advertising. With a wide range of products and services, the company spans various sectors of the media and communication industry, catering to the needs of different providers and target audiences. In the entertainment sector, Ruicheng China Media Group Ltd produces and distributes films, TV series, music, and animated films. Some of their films, such as "The Prairie is My Home" and "Red River Valley," have received international recognition and are popular in many European and Asian countries. The company has also established itself in the education sector, providing schools, universities, and companies with e-learning platforms and courses. The company also operates several TV channels, including the children's channel Toonmax TV, the news channel Ruicheng News, and the entertainment channel Shengshi TV. In addition, Ruicheng Media offers various services, including production and distribution services for companies in need of professional video production, translation, and subtitling. Another important area of the company is its online media platform, which brings together news, entertainment, education, and advertising on a single website. The platform attracts millions of visitors daily and is one of the main sources of information in China. Ruicheng Media also utilizes social media channels such as WeChat, Weibo, and Douyin to promote its products and services and engage with customers. Ruicheng China Media Group Ltd is a company with a strong commitment to social responsibility. It has launched its own charity program to help disadvantaged children in poorer regions of China and has also initiated initiatives to protect the environment and support public services. Overall, Ruicheng China Media Group Ltd has become one of the leading media companies in China, offering a wide range of products and services that appeal to viewers, customers, and partners worldwide. The company has achieved its success through a combination of creativity, innovation, and social responsibility and is expected to continue playing a significant role in the media industry. Qian Xun Technology is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Qian Xun Technology stock

Interest Coverage Ratio of Qian Xun Technology is -11.30 in 2024.

Interest Coverage Ratio of Qian Xun Technology changed from -3.41 to -11.30, representing a 231.59% change. The value is lower than the previous year.

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

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Leverage — Qian Xun Technology

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