Zhejiang Jindao Technology Co

Zhejiang Jindao Technology Co Interest Coverage

The Interest Coverage Ratio of Zhejiang Jindao Technology Co (301279.SZ) as of Oct 30, 2026 is 4.61. In the previous year, Interest Coverage Ratio was 3.86 — a change of 19.32% (higher).

Interest Coverage

4.61

YoY

19.32%

Last updated:

Interest Coverage Ratio of Zhejiang Jindao Technology Co is 2024 4.61 . Interest Coverage Ratio of Zhejiang Jindao Technology Co was 2023 3.86 . It decreases by 19.32% higher compared to the previous year.

The Zhejiang Jindao Technology Co Interest Coverage history

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Interest Coverage
Date
Interest Coverage
Jan 1, 2018
55.62 CNY
Jan 1, 2019
39.49 CNY
Jan 1, 2020
916.09 CNY
Jan 1, 2021
49.82 CNY
Jan 1, 2022
6.27 CNY
Jan 1, 2023
3.86 CNY
Jan 1, 2024
4.61 CNY
The Zhejiang Jindao Technology Co Interest Coverage history
YEARInterest CoverageYoY
4.61+19.32%
3.86-38.34%
6.27-87.42%
49.82-94.56%
916.09+2,219.60%
39.49-28.99%
55.62—

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Zhejiang Jindao Technology Co Stock analysis

What does Zhejiang Jindao Technology Co do? Zhejiang Jindao Technology Co., Ltd. generates revenue through the design, development, manufacturing, and sales of construction machine gearboxes, industrial transmission machineries, and their parts. The company offers total technical solutions for industrial vehicle drivetrains, with main products including mechanical transmission gearboxes, hydraulic transmission gearboxes, electric forklift gearboxes, main reducer and axle box integrated products, and transmissions for construction machinery such as steering gears and forklift parts. Its primary customers are domestic industrial vehicle manufacturers and construction machinery companies, focusing on the domestic market for all sales. The firm's product portfolio targets industrial vehicle drivetrain systems, emphasizing mechanical and hydraulic transmission solutions alongside electric forklift components. Sales are conducted within China, with the company serving as a supplier for industrial vehicle drivetrain technical solutions. The business model relies on manufacturing and selling specialized transmission components for industrial applications. Zhejiang Jindao Technology's revenue streams are derived from the domestic market, where it provides integrated transmission products and technical solutions for construction machinery and industrial vehicles. The company's focus on mechanical and hydraulic transmission systems, alongside electric forklift gearboxes, supports its position as a supplier for industrial vehicle drivetrain systems within China. Zhejiang Jindao Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Zhejiang Jindao Technology Co stock

Interest Coverage Ratio of Zhejiang Jindao Technology Co is 4.61 in 2024.

Interest Coverage Ratio of Zhejiang Jindao Technology Co changed from 3.86 to 4.61, representing a 19.32% change. The value is higher than the previous year.

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

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Leverage — Zhejiang Jindao Technology Co

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