Reach Machinery Co

Reach Machinery Co Interest Coverage

The Interest Coverage Ratio of Reach Machinery Co (301596.SZ) as of Oct 27, 2026 is 42.81. In the previous year, Interest Coverage Ratio was 428.89 — a change of -90.02% (lower).

Interest Coverage

42.81

YoY

-90.02%

Last updated:

Interest Coverage Ratio of Reach Machinery Co is 2024 42.81 . Interest Coverage Ratio of Reach Machinery Co was 2023 428.89 . It decreases by -90.02% lower compared to the previous year.

The Reach Machinery Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2021
13.95 CNY
Jan 1, 2022
69.93 CNY
Jan 1, 2023
428.89 CNY
Jan 1, 2024
42.81 CNY
The Reach Machinery Co Interest Coverage history
YEARInterest CoverageYoY
42.81-90.02%
428.89+513.30%
69.93+401.32%
13.95—

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Reach Machinery Co Stock analysis

What does Reach Machinery Co do? Reach Machinery Co Ltd generates revenue through the research and development, production, and sales of precision transmission parts, electromagnetic brakes, and harmonic reducers. These products are designed for automation equipment and high-end manufacturing applications, including robots, automated production lines, elevators, wind power systems, CNC machine tools, cranes, tower cranes, electric forklifts, automated three-dimensional parking garages, and high-altitude platform vehicles. The company serves industrial clients in the machinery sector, focusing on key components for power transmission and braking systems. The firm targets manufacturers of automation equipment and high-end manufacturing systems, providing essential components that enable efficient operation in various industrial applications. Its product portfolio caters to the growing demand for precision mechanical parts in robotics, renewable energy infrastructure, and advanced manufacturing processes. By specializing in critical components for power transmission and braking, Reach Machinery addresses specific technical needs within its target market segments. Reach Machinery Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Reach Machinery Co stock

Interest Coverage Ratio of Reach Machinery Co is 42.81 in 2024.

Interest Coverage Ratio of Reach Machinery Co changed from 428.89 to 42.81, representing a -90.02% change. The value is lower than the previous year.

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

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Leverage — Reach Machinery Co

All Key Metrics — Reach Machinery Co