Shuifa Gas Co

Shuifa Gas Co Interest Coverage

The Interest Coverage Ratio of Shuifa Gas Co (603318.SS) as of Oct 21, 2026 is 14.31. In the previous year, Interest Coverage Ratio was 3.92 — a change of 265.06% (higher).

Interest Coverage

14.31

YoY

265.06%

Last updated:

Interest Coverage Ratio of Shuifa Gas Co is 2024 14.31 . Interest Coverage Ratio of Shuifa Gas Co was 2023 3.92 . It decreases by 265.06% higher compared to the previous year.

The Shuifa Gas Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
1.99 CNY
Jan 1, 2018
1.44 CNY
Jan 1, 2019
-2.31 CNY
Jan 1, 2020
2.13 CNY
Jan 1, 2021
2.46 CNY
Jan 1, 2022
3.35 CNY
Jan 1, 2023
3.92 CNY
Jan 1, 2024
14.31 CNY
The Shuifa Gas Co Interest Coverage history
YEARInterest CoverageYoY
14.31+265.06%
3.92+17.16%
3.35+36.13%
2.46+15.34%
2.13-192.07%
-2.31-260.95%
1.44-27.85%
1.99-33.20%
2.98+125.11%
1.33-56.07%
3.02—

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Shuifa Gas Co Stock analysis

What does Shuifa Gas Co do? Shuifa Energas Gas Co., Ltd. generates revenue through the sale of industrial gas system equipment, primarily targeting utility gas turbine users and transporting companies. The company offers three product categories: pressure regulating systems for gas distribution, preprocessing systems for gas power generation, and fuel gas distribution systems. Its additional products include auxiliary equipment for gas turbines, pipes for gas turbines, and seal pipes of steam turbines, alongside spare parts for these systems. The firm's customers are utility gas turbine operators and transportation companies requiring specialized gas system components. The company's revenue streams are derived from the manufacturing and sale of equipment for gas distribution and power generation systems. Its product portfolio focuses on pressure regulation, preprocessing, and application-specific components such as turbine pipes and seal pipes. These offerings cater to the needs of industrial clients in gas distribution and power generation sectors, with a strong emphasis on system integration and component supply. Shuifa Energas Gas Co., Ltd. serves utility gas turbine users and transporting companies, providing tailored solutions for gas distribution and power generation. The company's equipment includes pressure regulating systems, preprocessing systems, and specialized components like turbine pipes and seal pipes. Revenue is generated through the direct sale of these industrial gas system products to its target customer segments. Shuifa Gas Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shuifa Gas Co stock

Interest Coverage Ratio of Shuifa Gas Co is 14.31 in 2024.

Interest Coverage Ratio of Shuifa Gas Co changed from 3.92 to 14.31, representing a 265.06% change. The value is higher than the previous year.

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

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Leverage — Shuifa Gas Co

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