Chengdu Hongqi Chain Co.,Ltd.

Shenzhen Stock Exchange 002697.SZ

Chengdu Hongqi Chain Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 6.43

Chengdu Hongqi Chain Co.,Ltd. Interest Coverage Ratio is 6.43 for the year ending December 31, 2023, a -27.30% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Chengdu Hongqi Chain Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 8.84, a 12.14% change year over year.
Chengdu Hongqi Chain Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 7.88, a -95.20% change year over year.
Chengdu Hongqi Chain Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 164.21, a -85.50% change year over year.
Chengdu Hongqi Chain Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 1,132.51, a 1,803.47% change year over year.

Key data

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

Shenzhen Stock Exchange: 002697.SZ

Chengdu Hongqi Chain Co.,Ltd.

CEO	Ms. Shiru Cao
IPO Date	Sept. 5, 2012
Location	China
Headquarters	No. 7, Dikang Avenue
Employees	15,414
Sector	Consumer Discretionary
Industries Specialty Retail Drugstores & Retail Pharmacies Retail & Wholesale

Description

Chengdu Hongqi Chain Co.,Ltd. operates a chain of convenience stores in Sichuan Province, China. It operates approximately 2,900 stores. The company also operates a multi-functional convenience service platform. Chengdu Hongqi Chain Co.,Ltd. was founded in 2000 and is based in Chengdu, China.

Key trends

Past 5 years