Shenzhen SOFARSOLAR Co

Shenzhen SOFARSOLAR Co Interest Coverage

The Interest Coverage Ratio of Shenzhen SOFARSOLAR Co (301658.SZ) as of Oct 24, 2026 is 11.07. In the previous year, Interest Coverage Ratio was 4.87 — a change of 127.21% (higher).

Interest Coverage

11.07

YoY

127.21%

Last updated:

Interest Coverage Ratio of Shenzhen SOFARSOLAR Co is 2024 11.07 . Interest Coverage Ratio of Shenzhen SOFARSOLAR Co was 2023 4.87 . It decreases by 127.21% higher compared to the previous year.

The Shenzhen SOFARSOLAR Co Interest Coverage history

  • 3 Years

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  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2022
29.51 CNY
Jan 1, 2023
4.87 CNY
Jan 1, 2024
11.07 CNY
The Shenzhen SOFARSOLAR Co Interest Coverage history
YEARInterest CoverageYoY
11.07+127.21%
4.87-83.50%
29.51—

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Shenzhen SOFARSOLAR Co Stock analysis

What does Shenzhen SOFARSOLAR Co do? Shenzhen SOFARSOLAR Co Ltd generates revenue through the research, development, production, and sale of new energy power equipment, primarily targeting industrial, commercial, and residential customers globally. The company offers core products such as string photovoltaic grid-connected inverters, photovoltaic energy storage inverters, energy storage batteries, and photovoltaic system accessories, including single-phase single-channel and three-phase dual-channel grid-connected inverters, as well as single-phase alternating current coupling systems. These products are designed for solar power conversion, storage, and management, serving industrial, commercial, and household users, as well as ground power stations. The firm's primary market focus is the overseas market, where it delivers its energy solutions to meet diverse customer needs. The company's revenue streams are driven by the sale of photovoltaic power generation and energy storage system equipment to industrial and commercial users, household users, and ground power stations. Its product portfolio includes specialized inverters for grid-connected systems and energy storage solutions, which are critical for solar power integration. By focusing on overseas markets, Shenzhen SOFARSOLAR Co Ltd capitalizes on global demand for renewable energy infrastructure, particularly in regions with growing solar adoption. The firm's offerings cater to both large-scale installations and residential applications, ensuring broad market reach. Shenzhen SOFARSOLAR Co Ltd's business model centers on providing comprehensive solar power equipment, from inverters to storage systems, to international clients. The company's core products are tailored for the conversion, storage, and management of solar energy, addressing the needs of industrial, commercial, and residential sectors. Its overseas market strategy positions it as a key supplier for solar energy solutions, with a strong emphasis on photovoltaic system accessories and energy storage technologies to support sustainable energy transitions worldwide. Shenzhen SOFARSOLAR Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shenzhen SOFARSOLAR Co stock

Interest Coverage Ratio of Shenzhen SOFARSOLAR Co is 11.07 in 2024.

Interest Coverage Ratio of Shenzhen SOFARSOLAR Co changed from 4.87 to 11.07, representing a 127.21% change. The value is higher than the previous year.

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

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Leverage — Shenzhen SOFARSOLAR Co

All Key Metrics — Shenzhen SOFARSOLAR Co