XCMG Construction Machinery Co

XCMG Construction Machinery Co Interest Coverage

The Interest Coverage Ratio of XCMG Construction Machinery Co (000425.SZ) as of Oct 30, 2026 is 3.90. In the previous year, Interest Coverage Ratio was 12.73 — a change of -69.37% (lower).

Interest Coverage

3.90

YoY

-69.37%

Last updated:

Interest Coverage Ratio of XCMG Construction Machinery Co is 2024 3.90 . Interest Coverage Ratio of XCMG Construction Machinery Co was 2023 12.73 . It decreases by -69.37% lower compared to the previous year.

The XCMG Construction Machinery Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
91.05 CNY
Jan 1, 2018
3.98 CNY
Jan 1, 2019
4.72 CNY
Jan 1, 2020
93.03 CNY
Jan 1, 2021
13.94 CNY
Jan 1, 2022
9.90 CNY
Jan 1, 2023
12.73 CNY
Jan 1, 2024
3.90 CNY
The XCMG Construction Machinery Co Interest Coverage history
YEARInterest CoverageYoY
3.90-69.37%
12.73+28.51%
9.90-28.94%
13.94-85.02%
93.03+1,869.93%
4.72+18.80%
3.98-95.63%
91.05+5,727.13%
1.56-1,105.82%
-0.16-117.97%
0.86—

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XCMG Construction Machinery Co Stock analysis

What does XCMG Construction Machinery Co do? XCMG Construction Machinery Co Ltd is a leading manufacturer of construction machinery based in China. The company was founded in 1943 and has become one of the largest players in the industry in recent decades. Today, XCMG employs over 30,000 employees worldwide and operates production facilities in several countries, including Brazil, India, and Russia. XCMG's business model is based on the production and sale of construction machinery and equipment in various sectors, including construction site equipment, road construction equipment, mining machines, and customized solutions for heavy industries. XCMG is also active in finance, research and development, as well as service and maintenance of construction machinery. XCMG is known for its innovative products and its ability to adapt to the needs of customers. The company offers a wide range of products, including excavators, cranes, concrete mixers, road rollers, and forklifts. XCMG is also a leader in the production of crawler excavators, which are highly valued for their high performance and reliability. Furthermore, XCMG provides customized solutions and maintains close partnerships with many of the world's leading construction and mining companies. One of XCMG's major strengths lies in its ability to meet the needs and requirements of its customers. The company has an excellent research and development department that consistently works on the development of new technologies and products. XCMG is also committed to developing and introducing environmentally friendly technologies to increase sustainability. In recent years, XCMG has expanded its global presence by expanding into new markets and opening branches in many countries. The XCMG brand is now globally recognized and is regarded by many engineers and entrepreneurs as one of the best in the industry. Overall, XCMG is a leading player in the construction machinery industry with a strong focus on customer satisfaction and innovation. The company is known for its high product quality and its ability to meet the needs of its customers. With its wide range of products and commitment to the environment, XCMG is well positioned to continue to be a global leader. XCMG Construction Machinery Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about XCMG Construction Machinery Co stock

Interest Coverage Ratio of XCMG Construction Machinery Co is 3.90 in 2024.

Interest Coverage Ratio of XCMG Construction Machinery Co changed from 12.73 to 3.90, representing a -69.37% change. The value is lower than the previous year.

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

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Leverage — XCMG Construction Machinery Co

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