Jiangsu Baichuan High-Tech New Materials Co., Ltd

Shenzhen Stock Exchange 002455.SZ

Jiangsu Baichuan High-Tech New Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2023: -3.98

Jiangsu Baichuan High-Tech New Materials Co., Ltd Interest Coverage Ratio is -3.98 for the year ending December 31, 2023, a -259.29% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Jiangsu Baichuan High-Tech New Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 2.50, a -50.45% change year over year.
  • Jiangsu Baichuan High-Tech New Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 5.04, a 29.26% change year over year.
  • Jiangsu Baichuan High-Tech New Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 3.90, a 27.32% change year over year.
  • Jiangsu Baichuan High-Tech New Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 3.06, a -38.68% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Shenzhen Stock Exchange: 002455.SZ

Jiangsu Baichuan High-Tech New Materials Co., Ltd

Description

Jiangsu Baichuan High-Tech New Materials Co., Ltd. produces and sells fine chemical products in China and internationally. Its products include acetates, acid anhydrides, plasticizer, polyatomic alcohols, insulating resins, and enamel wire paints, as well as propylene glycol ether and its esters. The company offers n-butyl acetate, ethyl acetate, and propyl acetate; trimellitic anhydride and trioctyl trimellitate; trimethylolpropane, di-trimethylolpropane, and sodium formate; and propylene glycol monomethyl ether, propylene glycol monomethyl ether acetate, 2-methoxy-1-propanol, 2-methoxy-1-propanol acetate, and dipropylene glycol methyl ether. Its products have applications in various fields, such as paintings, cementing compounds, pharmaceutical and medical treatment, household appliances, carpentry furniture, finishing and decoration, toys for children, package printing, industrial equipment, road marking, etc. The company was formerly known as Wuxi Baichuan Chemical Industrial Co.,Ltd and changed its name to Jiangsu Baichuan High-Tech New Materials Co., Ltd. in March 2018. Jiangsu Baichuan High-Tech New Materials Co., Ltd. is based in Jiangyin, China.

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StockViz Staff

February 3, 2025

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