Guangzhou Tech-Long Packaging Machinery Co.,Ltd.

Shenzhen Stock Exchange 002209.SZ

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 4.78

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Interest Coverage Ratio is 4.78 for the year ending December 31, 2023, a 90.98% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 2.50, a 175.01% change year over year.
Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was -3.34, a -293.74% change year over year.
Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 1.72, a 173.80% change year over year.
Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was -2.33, a -218.26% change year over year.

Key data

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

Shenzhen Stock Exchange: 002209.SZ

Guangzhou Tech-Long Packaging Machinery Co.,Ltd.

CEO	Mr. Songming Zhang
IPO Date	Jan. 30, 2008
Location	China
Headquarters	No. 23 Yunpu 1 Road
Employees	1,473
Sector	Materials
Industries Containers & Packaging 3D Printing Glass Non-Alcoholic Beverages Plastics

Description

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. engages in the development and sale of beverage packaging solutions in China and internationally. It offers water treatment and pretreatment systems, blow molding machines, filling machines, container filling machines, blowing-filling-capping monoblock machines, labelling machines, conveying systems, packaging machines, blow molds, spare parts, packaging and industrial automation solutions, and industrial software. The company was founded in 1998 and is headquartered in Guangzhou, China.

Key trends

Past 5 years