Guangzhou Pearl River Piano Group Co.,Ltd

Shenzhen Stock Exchange 002678.SZ

Guangzhou Pearl River Piano Group Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2023: 1.59

Guangzhou Pearl River Piano Group Co.,Ltd Interest Coverage Ratio is 1.59 for the year ending December 31, 2023, a -80.21% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Guangzhou Pearl River Piano Group Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 8.01, a -48.57% change year over year.
Guangzhou Pearl River Piano Group Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 15.58, a 20.20% change year over year.
Guangzhou Pearl River Piano Group Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 12.96, a -29.48% change year over year.
Guangzhou Pearl River Piano Group Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 18.38, a -6.56% change year over year.

Key data

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

Shenzhen Stock Exchange: 002678.SZ

Guangzhou Pearl River Piano Group Co.,Ltd

CEO	Mr. Wei Xiao
IPO Date	May 30, 2012
Location	China
Headquarters	Yu Wei Xi Road
Employees	2,861
Sector	Consumer Discretionary
Industries Musical Instruments Alcoholic Beverages Bread & Bakery Cleaning Supplies Consumer Packaged Goods Glass Luxury Goods Personal Care

Description

Guangzhou Pearl River Piano Group Co.,Ltd. manufactures and sells pianos in China. The company also exports its products to approximately 100 countries and regions. It offers pianos under the Kayserburg, Ritmuller, Jingzhu, and Pearl River brand names. The company was founded in 1967 and is based in Guangzhou, China.

Key trends

Past 5 years