Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co

Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co Interest Coverage

The Interest Coverage Ratio of Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co (603165.SS) as of Oct 26, 2026 is 8.07. In the previous year, Interest Coverage Ratio was 15.81 — a change of -48.98% (lower).

Interest Coverage

8.07

YoY

-48.98%

Last updated:

Interest Coverage Ratio of Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co is 2024 8.07 . Interest Coverage Ratio of Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co was 2023 15.81 . It decreases by -48.98% lower compared to the previous year.

The Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
57.12 CNY
Jan 1, 2018
26.95 CNY
Jan 1, 2019
17.17 CNY
Jan 1, 2020
10.55 CNY
Jan 1, 2021
9.20 CNY
Jan 1, 2022
6.69 CNY
Jan 1, 2023
15.81 CNY
Jan 1, 2024
8.07 CNY
The Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co Interest Coverage history
YEARInterest CoverageYoY
8.07-48.98%
15.81+136.36%
6.69-27.33%
9.20-12.80%
10.55-38.52%
17.17-36.29%
26.95-52.82%
57.12+125.20%
25.36+190.02%
8.74+103.44%
4.30—

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Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co Stock analysis

What does Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co do? Zhejiang Rongsheng Environmental Protection Paper Co., Ltd. generates revenue through the production and sale of recycled packaging paper, waste paper recycling, and combined heat and power generation. The company's main products are corrugated base paper, kraft board, high-density paperboard, corrugated board, and steam, which are sold primarily within the domestic market. Its integrated operations include waste paper recycling, environmentally friendly paper production, and cardboard manufacturing, supporting the full lifecycle of recycled paper products. The firm's domestic market focus ensures steady demand for its recycled paper products, with corrugated base paper and kraft board being key revenue drivers. High-density paperboard and corrugated board cater to packaging needs, while steam is a byproduct from combined heat and power generation, contributing to overall profitability. The company leverages its integrated production model to optimize costs and meet domestic industry requirements. Operating with 888 full-time employees, Zhejiang Rongsheng Environmental Protection Paper Co., Ltd. maintains a streamlined production process focused on recycled paper manufacturing. The business model emphasizes domestic market sales, avoiding reliance on external markets, and capitalizes on the growing demand for environmentally friendly packaging solutions within China's manufacturing sector. Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co stock

Interest Coverage Ratio of Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co is 8.07 in 2024.

Interest Coverage Ratio of Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co changed from 15.81 to 8.07, representing a -48.98% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Zhejiang Rongsheng Environmental Protection Paper Joint Stock 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 Rongsheng Environmental Protection Paper Joint Stock Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co

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