Shanghai Sunglow Packaging Technology Co

Shanghai Sunglow Packaging Technology Co Interest Coverage

The Interest Coverage Ratio of Shanghai Sunglow Packaging Technology Co (603499.SS) as of Nov 3, 2026 is 9.82. In the previous year, Interest Coverage Ratio was 1.83 — a change of 437.87% (higher).

Interest Coverage

9.82

YoY

437.87%

Last updated:

Interest Coverage Ratio of Shanghai Sunglow Packaging Technology Co is 2024 9.82 . Interest Coverage Ratio of Shanghai Sunglow Packaging Technology Co was 2023 1.83 . It decreases by 437.87% higher compared to the previous year.

The Shanghai Sunglow Packaging Technology Co Interest Coverage history

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  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
77.47 CNY
Jan 1, 2018
6.86 CNY
Jan 1, 2019
1.86 CNY
Jan 1, 2020
1.06 CNY
Jan 1, 2021
-1.38 CNY
Jan 1, 2022
0.22 CNY
Jan 1, 2023
1.83 CNY
Jan 1, 2024
9.82 CNY
The Shanghai Sunglow Packaging Technology Co Interest Coverage history
YEARInterest CoverageYoY
9.82+437.87%
1.83+741.11%
0.22-115.78%
-1.38-230.42%
1.06-43.35%
1.86-72.84%
6.86-91.15%
77.47-57.78%
183.49+904.65%
18.26-91.93%
226.20—

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Shanghai Sunglow Packaging Technology Co Stock analysis

What does Shanghai Sunglow Packaging Technology Co do? Shanghai Sunglow Packaging Technology Co., Ltd. generates revenue by providing integrated packaging and printing solutions specifically tailored for daily chemical and food-based manufacturers. The firm is primarily engaged in the research and development, manufacture, and sales of its core product lines, which include color boxes and labels. These offerings are designed to meet the specific needs of clients in the daily necessities and food and beverage sectors. The company’s color box products consist mainly of cardboard folding paper boxes, which are utilized for packaging daily necessities and food and beverage items. Additionally, the label products, comprising volume labels and flat labels, are predominantly used for bottled daily necessities and food and beverage products. This diversified portfolio allows the company to serve various segments within the manufacturing industry through its specialized printing and packaging technologies. Shanghai Sunglow Packaging Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shanghai Sunglow Packaging Technology Co stock

Interest Coverage Ratio of Shanghai Sunglow Packaging Technology Co is 9.82 in 2024.

Interest Coverage Ratio of Shanghai Sunglow Packaging Technology Co changed from 1.83 to 9.82, representing a 437.87% change. The value is higher than the previous year.

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

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Leverage — Shanghai Sunglow Packaging Technology Co

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