Xingmin Intelligent Transportation Systems (Group) Co

Xingmin Intelligent Transportation Systems (Group) Co Interest Coverage

The Interest Coverage Ratio of Xingmin Intelligent Transportation Systems (Group) Co (002355.SZ) as of Nov 15, 2026 is 0.62. In the previous year, Interest Coverage Ratio was -22.42 — a change of -102.76% (higher).

Interest Coverage

0.62

YoY

-102.76%

Last updated:

Interest Coverage Ratio of Xingmin Intelligent Transportation Systems (Group) Co is 2024 0.62 . Interest Coverage Ratio of Xingmin Intelligent Transportation Systems (Group) Co was 2023 -22.42 . It decreases by -102.76% higher compared to the previous year.

The Xingmin Intelligent Transportation Systems (Group) Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
2.89 CNY
Jan 1, 2018
-3.34 CNY
Jan 1, 2019
0.85 CNY
Jan 1, 2020
-5.34 CNY
Jan 1, 2021
-162.48 CNY
Jan 1, 2022
-61.11 CNY
Jan 1, 2023
-22.42 CNY
Jan 1, 2024
0.62 CNY
The Xingmin Intelligent Transportation Systems (Group) Co Interest Coverage history
YEARInterest CoverageYoY
0.62-102.76%
-22.42-63.32%
-61.11-62.39%
-162.48+2,944.18%
-5.34-726.85%
0.85-125.48%
-3.34-215.61%
2.89-4.34%
3.02+97.03%
1.53-27.06%
2.10—

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Xingmin Intelligent Transportation Systems (Group) Co Stock analysis

What does Xingmin Intelligent Transportation Systems (Group) Co do? Xingmin Intelligent Transportation Systems (Group) Co., Ltd. generates revenue through the research, development, production, and sale of vehicle wheels under its Xingmin brand. The company offers automobile steel wheels, including tubeless steel wheels and steel wheels with tube, primarily targeting domestic and overseas markets. Additionally, it provides automotive information hardware products, car networking system solutions, operational services, on-board wireless and integrated products, driving design services, and scrap management solutions. The firm's product portfolio serves both the automotive manufacturing sector and end-users seeking vehicle-related services. The company's main revenue streams come from the sale of Xingmin-branded steel wheels, which are distributed domestically and internationally. Automotive information hardware products and car networking system solutions are sold to vehicle manufacturers and fleet operators. On-board wireless and integrated products, along with driving design services, cater to automotive technology integrators and service providers. Scrap management solutions are provided to recycling companies and automotive waste management entities within the transportation sector. Xingmin's business model relies on direct sales of its branded steel wheels and complementary automotive technology products. The domestic market remains the primary sales channel, while overseas markets contribute to revenue diversification. The company's focus on both hardware and software solutions within the transportation sector allows it to serve multiple customer segments, including automotive manufacturers, fleet operators, and recycling companies, without relying on external partnerships or third-party platforms. Xingmin Intelligent Transportation Systems (Group) Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Xingmin Intelligent Transportation Systems (Group) Co stock

Interest Coverage Ratio of Xingmin Intelligent Transportation Systems (Group) Co is 0.62 in 2024.

Interest Coverage Ratio of Xingmin Intelligent Transportation Systems (Group) Co changed from -22.42 to 0.62, representing a -102.76% change. The value is higher than the previous year.

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

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Leverage — Xingmin Intelligent Transportation Systems (Group) Co

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