Shanghai Conglin Environmental Protection Technology Co

Shanghai Conglin Environmental Protection Technology Co Interest Coverage

The Interest Coverage Ratio of Shanghai Conglin Environmental Protection Technology Co (688370.SS) as of Nov 2, 2026 is 4.17. In the previous year, Interest Coverage Ratio was 39.89 — a change of -89.55% (lower).

Interest Coverage

4.17

YoY

-89.55%

Last updated:

Interest Coverage Ratio of Shanghai Conglin Environmental Protection Technology Co is 2023 4.17 . Interest Coverage Ratio of Shanghai Conglin Environmental Protection Technology Co was 2022 39.89 . It decreases by -89.55% lower compared to the previous year.

The Shanghai Conglin Environmental Protection Technology Co Interest Coverage history

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Interest Coverage
Date
Interest Coverage
Jan 1, 2019
431.60 CNY
Jan 1, 2020
3,386.42 CNY
Jan 1, 2021
246.33 CNY
Jan 1, 2022
39.89 CNY
Jan 1, 2023
4.17 CNY
The Shanghai Conglin Environmental Protection Technology Co Interest Coverage history
YEARInterest CoverageYoY
4.17-89.55%
39.89-83.81%
246.33-92.73%
3,386.42+684.61%
431.60—

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Shanghai Conglin Environmental Protection Technology Co Stock analysis

What does Shanghai Conglin Environmental Protection Technology Co do? Shanghai Conglin Environmental Protection Technology Co., Ltd. generates revenue through hazardous waste disposal and resource utilization services. The company's harmless disposal business encompasses hazardous waste incineration, chemical and biological treatment, and landfill operations. Resource utilization involves converting hazardous wastes into products like organic solvents, inorganic salts, base oils, heavy metals, and packaging containers. Domestic clients, including industrial enterprises, purchase these services to manage waste compliance and resource recovery. The firm's primary revenue streams are derived from hazardous waste incineration, chemical and biological treatment, and landfill disposal. Resource-based products such as organic solvents and inorganic salts are sold to industrial buyers. The domestic market segment, particularly industrial enterprises, drives the company's business model. Full-time employees support these operations across Shanghai and the domestic market. Shanghai Conglin's business model focuses on transforming hazardous waste into usable resources while ensuring safe disposal. Clients include industrial enterprises seeking compliant waste management solutions. The company's services are tailored to meet domestic market needs, with no international operations mentioned. Revenue is generated through both disposal services and the sale of resource-based products. Shanghai Conglin Environmental Protection Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shanghai Conglin Environmental Protection Technology Co stock

Interest Coverage Ratio of Shanghai Conglin Environmental Protection Technology Co is 4.17 in 2023.

Interest Coverage Ratio of Shanghai Conglin Environmental Protection Technology Co changed from 39.89 to 4.17, representing a -89.55% change. The value is lower than the previous year.

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

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Leverage — Shanghai Conglin Environmental Protection Technology Co

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