Wencan Group Co

Wencan Group Co Interest Coverage

The Interest Coverage Ratio of Wencan Group Co (603348.SS) as of Nov 3, 2026 is 1.42. In the previous year, Interest Coverage Ratio was 1.07 — a change of 32.08% (higher).

Interest Coverage

1.42

YoY

32.08%

Last updated:

Interest Coverage Ratio of Wencan Group Co is 2024 1.42 . Interest Coverage Ratio of Wencan Group Co was 2023 1.07 . It decreases by 32.08% higher compared to the previous year.

The Wencan Group Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
11.83 CNY
Jan 1, 2018
3.81 CNY
Jan 1, 2019
2.59 CNY
Jan 1, 2020
2.22 CNY
Jan 1, 2021
1.42 CNY
Jan 1, 2022
4.55 CNY
Jan 1, 2023
1.07 CNY
Jan 1, 2024
1.42 CNY
The Wencan Group Co Interest Coverage history
YEARInterest CoverageYoY
1.42+32.08%
1.07-76.42%
4.55+221.02%
1.42-36.10%
2.22-14.39%
2.59-32.07%
3.81-67.81%
11.83+1.00%
11.72+48.32%
7.90+126.71%
3.48—

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Wencan Group Co Stock analysis

What does Wencan Group Co do? Wencan Group Co Ltd develops and sells automobile aluminum alloy precision die castings, focusing on engine systems, transmission systems, chassis systems, braking systems, and body structures. The company's main products include vacuum pumps, automobile engine blocks, air-conditioning compressors, gearbox housings, steering gear housings, and brake parts. These products are sold to automotive manufacturers and suppliers within the automobile industry, serving the automotive sector with precision die-cast components for various vehicle systems. The firm's product portfolio targets key automotive subsystems, with engine blocks and transmission components being core offerings. Automotive manufacturers and parts suppliers purchase Wencan's die castings for integration into vehicle production lines, leveraging the company's expertise in aluminum alloy casting technology. The company operates with a workforce of 6,178 full-time employees based in Foshan, Guangdong, supporting its manufacturing and sales operations. Wencan Group Co Ltd generates revenue through the direct sale of its precision die castings to automotive industry clients. The company's business model relies on producing high-precision components that meet automotive manufacturing standards, with a focus on engine, transmission, and braking system parts. Its products are integral to vehicle assembly processes, driving consistent demand from automotive clients seeking reliable, high-quality components. Wencan Group Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Wencan Group Co stock

Interest Coverage Ratio of Wencan Group Co is 1.42 in 2024.

Interest Coverage Ratio of Wencan Group Co changed from 1.07 to 1.42, representing a 32.08% change. The value is higher than the previous year.

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

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Leverage — Wencan Group Co

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Wencan Group Co