Royal Group Co.,Ltd.

Shenzhen Stock Exchange 002329.SZ

Royal Group Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 1.73

Royal Group Co.,Ltd. Interest Coverage Ratio is 1.73 for the year ending December 31, 2023, a 68.82% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Royal Group Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 1.03, a 598.47% change year over year.
Royal Group Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was -0.21, a -284.94% change year over year.
Royal Group Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 0.11, a -93.85% change year over year.
Royal Group Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 1.81, a 140.17% change year over year.

Key data

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

Shenzhen Stock Exchange: 002329.SZ

Royal Group Co.,Ltd.

CEO	Mr. Jiadi Huang
IPO Date	Jan. 6, 2010
Location	China
Headquarters	No. 65, Fengda Road
Employees	3,169
Sector	Consumer Staples
Industries Dairy & Milk

Description

Royal Group Co.,Ltd. engages in the processing, producing, and selling dairy products in China. The company was formerly known as Guangxi Royal Dairy Co., Ltd. and changed its name to Royal Group Co.,Ltd. in December 2014. Royal Group Co.,Ltd. was incorporated in 2001 and is based in Nanning, China.

Key trends

Past 5 years