Sichuan Mingxing Electric Power Co

Sichuan Mingxing Electric Power Co Interest Coverage

The Interest Coverage Ratio of Sichuan Mingxing Electric Power Co (600101.SS) as of Nov 7, 2026 is 7.48. In the previous year, Interest Coverage Ratio was 7.06 — a change of 6.04% (higher).

Interest Coverage

7.48

YoY

6.04%

Last updated:

Interest Coverage Ratio of Sichuan Mingxing Electric Power Co is 2024 7.48 . Interest Coverage Ratio of Sichuan Mingxing Electric Power Co was 2023 7.06 . It decreases by 6.04% higher compared to the previous year.

The Sichuan Mingxing Electric Power Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
4.11 CNY
Jan 1, 2018
3.96 CNY
Jan 1, 2019
3.03 CNY
Jan 1, 2020
2.32 CNY
Jan 1, 2021
3.64 CNY
Jan 1, 2022
4.42 CNY
Jan 1, 2023
7.06 CNY
Jan 1, 2024
7.48 CNY
The Sichuan Mingxing Electric Power Co Interest Coverage history
YEARInterest CoverageYoY
7.48+6.04%
7.06+59.59%
4.42+21.32%
3.64+56.85%
2.32-23.42%
3.03-23.47%
3.96-3.50%
4.11+11.41%
3.69-11.55%
4.17-1.86%
4.25—

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Sichuan Mingxing Electric Power Co Stock analysis

What does Sichuan Mingxing Electric Power Co do? Sichuan Mingxing Electric Power Co., Ltd. generates revenue through the production, supply, and sales of electricity and tap water. The company operates primarily in Suining, Sichuan Province, China, serving local residential and commercial segments. Its subsidiaries also provide building construction services, hotel operations, engineering design, and real estate development, contributing to its diversified income streams. The firm employs 1,597 full-time employees to support these operations. The company's core business segments include electricity and tap water supply, with additional revenue from construction, hotel management, engineering design, and real estate development. These services are delivered within Suining, Sichuan Province, targeting local consumers and businesses. The subsidiaries handle specialized services like building construction and real estate development, enhancing the company's market presence in the region. Sichuan Mingxing Electric Power Co., Ltd. serves residential and commercial customers through its electricity and water supply services. Its subsidiaries cater to clients requiring construction, hotel, engineering, and real estate solutions. The firm's operations are concentrated in Suining, Sichuan Province, where it leverages its local infrastructure and workforce to maintain service delivery and profitability. Sichuan Mingxing Electric Power Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Sichuan Mingxing Electric Power Co stock

Interest Coverage Ratio of Sichuan Mingxing Electric Power Co is 7.48 in 2024.

Interest Coverage Ratio of Sichuan Mingxing Electric Power Co changed from 7.06 to 7.48, representing a 6.04% change. The value is higher than the previous year.

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

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Leverage — Sichuan Mingxing Electric Power Co

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