Qinghai Jinrui Mining Development Co

Qinghai Jinrui Mining Development Co Interest Coverage

The Interest Coverage Ratio of Qinghai Jinrui Mining Development Co (600714.SS) as of Oct 28, 2026 is 3.78. In the previous year, Interest Coverage Ratio was 0.77 — a change of 393.33% (higher).

Interest Coverage

3.78

YoY

393.33%

Last updated:

Interest Coverage Ratio of Qinghai Jinrui Mining Development Co is 2024 3.78 . Interest Coverage Ratio of Qinghai Jinrui Mining Development Co was 2023 0.77 . It decreases by 393.33% higher compared to the previous year.

The Qinghai Jinrui Mining Development Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
6.03 CNY
Jan 1, 2018
5.94 CNY
Jan 1, 2019
-0.57 CNY
Jan 1, 2020
0.13 CNY
Jan 1, 2021
8.57 CNY
Jan 1, 2022
4.03 CNY
Jan 1, 2023
0.77 CNY
Jan 1, 2024
3.78 CNY
The Qinghai Jinrui Mining Development Co Interest Coverage history
YEARInterest CoverageYoY
3.78+393.33%
0.77-80.94%
4.03-53.03%
8.57+6,362.72%
0.13-123.45%
-0.57-109.53%
5.94-1.63%
6.03+2.24%
5.90-423.97%
-1.82-902.66%
0.23—

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Qinghai Jinrui Mining Development Co Stock analysis

What does Qinghai Jinrui Mining Development Co do? Qinghai Jinrui Mineral Development Co., Ltd. generates revenue through the mining, production, and sale of coal and strontium carbonate series products. The company focuses on industrial grade strontium carbonate, electronic grade strontium carbonate, strontium nitrate, strontium hydroxide, sulfur, and sodium sulfite as its primary offerings. These products are sold primarily within Qinghai Province and Chongqing Municipality, targeting industrial and chemical sectors that require strontium-based materials for manufacturing processes. The firm's operations are centered around its production facilities in Xining, Qinghai, serving regional markets with its mineral-based products. The company's revenue streams stem from the sale of strontium carbonate products, which include both industrial and electronic grades, alongside by-products such as sulfur and sodium sulfite. These materials are used in various applications, including ceramics, glass, and metallurgy, where strontium compounds are essential for enhancing product properties. Qinghai Jinrui's market presence is concentrated in Qinghai Province and Chongqing Municipality, where it supplies materials to local industries that depend on mineral-based inputs for their production lines. Qinghai Jinrui Mineral Development Co., Ltd. serves the industrial and chemical sectors by providing strontium carbonate series products, with a strong emphasis on electronic grade strontium carbonate for high-tech applications. The company's product portfolio includes strontium nitrate and strontium hydroxide, which cater to specialized manufacturing needs. Its sales are conducted within Qinghai Province and Chongqing Municipality, where it has established a stable customer base among manufacturers requiring strontium-based compounds for their operations. Qinghai Jinrui Mining Development Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Qinghai Jinrui Mining Development Co stock

Interest Coverage Ratio of Qinghai Jinrui Mining Development Co is 3.78 in 2024.

Interest Coverage Ratio of Qinghai Jinrui Mining Development Co changed from 0.77 to 3.78, representing a 393.33% change. The value is higher than the previous year.

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

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