Zhejiang Extek Technology Co

Zhejiang Extek Technology Co Interest Coverage

The Interest Coverage Ratio of Zhejiang Extek Technology Co (301399.SZ) as of Nov 3, 2026 is 3.37. In the previous year, Interest Coverage Ratio was 6.83 — a change of -50.68% (lower).

Interest Coverage

3.37

YoY

-50.68%

Last updated:

Interest Coverage Ratio of Zhejiang Extek Technology Co is 2024 3.37 . Interest Coverage Ratio of Zhejiang Extek Technology Co was 2023 6.83 . It decreases by -50.68% lower compared to the previous year.

The Zhejiang Extek Technology Co Interest Coverage history

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Interest Coverage
Date
Interest Coverage
Jan 1, 2020
21,495.61 CNY
Jan 1, 2021
765.32 CNY
Jan 1, 2022
488.05 CNY
Jan 1, 2023
6.83 CNY
Jan 1, 2024
3.37 CNY
The Zhejiang Extek Technology Co Interest Coverage history
YEARInterest CoverageYoY
3.37-50.68%
6.83-98.60%
488.05-36.23%
765.32-96.44%
21,495.61—

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Zhejiang Extek Technology Co Stock analysis

What does Zhejiang Extek Technology Co do? Zhejiang Extek Technology Co., Ltd. generates revenue through the research, development, production, and sales of high-efficiency heat exchangers. The company offers products such as new type shell and tube heat exchangers, coaxial casing heat exchangers, falling film heat exchangers, evaporative condensers, liquid cooling radiators, and distributors. These products serve as core components for heat pumps and air conditioners, targeting industries including heating, hot water, refrigeration, and industrial and agricultural production. The company's customer base consists of manufacturers in these sectors who require high-efficiency thermal management solutions. The firm's product portfolio focuses on specialized heat exchangers designed for specific applications, such as evaporative condensers for refrigeration systems and liquid cooling radiators for industrial processes. By providing these core components, Zhejiang Extek Technology supports the manufacturing needs of equipment producers in heating, refrigeration, and agricultural sectors. The company's sales are driven by demand from industrial equipment manufacturers seeking reliable and efficient thermal transfer solutions. Zhejiang Extek Technology's business model centers on supplying essential components to manufacturers of heat pumps and air conditioners. The company's products are integrated into end products used across multiple industries, including residential and commercial heating, refrigeration, and agricultural processing. This integration allows the company to maintain steady demand from industrial clients requiring high-performance heat exchangers for their production lines. Zhejiang Extek Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Zhejiang Extek Technology Co stock

Interest Coverage Ratio of Zhejiang Extek Technology Co is 3.37 in 2024.

Interest Coverage Ratio of Zhejiang Extek Technology Co changed from 6.83 to 3.37, representing a -50.68% change. The value is lower than the previous year.

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

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Leverage — Zhejiang Extek Technology Co

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