Shanghai Suochen Information Technology Co

Shanghai Suochen Information Technology Co Interest Coverage

The Interest Coverage Ratio of Shanghai Suochen Information Technology Co (688507.SS) as of Nov 1, 2026 is 2.38. In the previous year, Interest Coverage Ratio was 2.28 — a change of 4.26% (higher).

Interest Coverage

2.38

YoY

4.26%

Last updated:

Interest Coverage Ratio of Shanghai Suochen Information Technology Co is 2024 2.38 . Interest Coverage Ratio of Shanghai Suochen Information Technology Co was 2023 2.28 . It decreases by 4.26% higher compared to the previous year.

The Shanghai Suochen Information Technology Co Interest Coverage history

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Interest Coverage
Date
Interest Coverage
Jan 1, 2020
1,379.35 CNY
Jan 1, 2021
48.57 CNY
Jan 1, 2022
36.59 CNY
Jan 1, 2023
2.28 CNY
Jan 1, 2024
2.38 CNY
The Shanghai Suochen Information Technology Co Interest Coverage history
YEARInterest CoverageYoY
2.38+4.26%
2.28-93.77%
36.59-24.67%
48.57-96.48%
1,379.35—

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Shanghai Suochen Information Technology Co Stock analysis

What does Shanghai Suochen Information Technology Co do? Shanghai Suochen Information Technology Co Ltd develops and sells computer aided engineering (CAE) software products, focusing on engineering simulation software and simulation product development. The company's core offerings cover fluid, structure, optics, acoustics, electromagnetics, measurement and control, and multidisciplinary applications. These products are primarily utilized by industries such as aerospace, national defense equipment, marine, heavy machinery, nuclear industry, electronic appliances, and ground transportation for their simulation requirements. The firm generates revenue through the sale of its CAE software solutions to enterprises operating in the specified industrial sectors. Its engineering simulation software serves as a key product line, addressing technical simulation needs across multiple engineering disciplines. The company targets industrial clients requiring advanced simulation capabilities for design and development processes within their respective fields. Shanghai Suochen Information Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shanghai Suochen Information Technology Co stock

Interest Coverage Ratio of Shanghai Suochen Information Technology Co is 2.38 in 2024.

Interest Coverage Ratio of Shanghai Suochen Information Technology Co changed from 2.28 to 2.38, representing a 4.26% change. The value is higher than the previous year.

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

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Leverage — Shanghai Suochen Information Technology Co

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