Luzhou Laojiao Co.,Ltd.

Shenzhen Stock Exchange 000568.SZ

Luzhou Laojiao Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 37.36

Luzhou Laojiao Co.,Ltd. Interest Coverage Ratio is 37.36 for the year ending December 31, 2023, a -38.73% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Luzhou Laojiao Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 60.98, a 12.73% change year over year.
Luzhou Laojiao Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 54.09, a 29.71% change year over year.
Luzhou Laojiao Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 41.70, a -4.55% change year over year.
Luzhou Laojiao Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 43.69, a -39.03% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Shenzhen Stock Exchange: 000568.SZ

Luzhou Laojiao Co.,Ltd.

CEO	Mr. Feng Lin
IPO Date	May 9, 1994
Location	China
Headquarters	Luzhou Laojiao Mrkt Network Command Ctr
Employees	3,770
Sector	Consumer Staples
Industries Wines & Spirits Alcoholic Beverages

Description

Luzhou Laojiao Co.,Ltd. engages in the research and development, production, and sales of liquor products in China. The company provides National Cellar 1573, Century-old Luzhou Laojiao Jiaoling, Luzhou Laojiao Tequ, Touqu, Erqu, and other liquor series products. It also offers agricultural product planting and sales, supply chain management business, technology and business development, import and export trade, and tourism services. In addition, it engages in the manufacture and sale of fruit and health care wines; production and sale of red wine; and fermented products. The company was formerly known as Luzhou Laojiao Brewery. Luzhou Laojiao Co.,Ltd. was founded in 1950 and is headquartered in Luzhou, China.

Key trends

Past 5 years