Shenzhen Zhaowei Machinery & Electronic Co., Ltd.

Shenzhen Stock Exchange 003021.SZ

Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 58.58

Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Interest Coverage Ratio is 58.58 for the year ending December 31, 2023, a 13.10% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 51.79, a -34.17% change year over year.
Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 78.67, a -79.04% change year over year.
Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 375.39, a 218.70% change year over year.
Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 117.79, a 353.60% change year over year.

Key data

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

Shenzhen Stock Exchange: 003021.SZ

Shenzhen Zhaowei Machinery & Electronic Co., Ltd.

CEO	Mr. Shubing Ye
IPO Date	Dec. 4, 2020
Location	China
Headquarters	Building 101
Employees	2,189
Sector	Technology
Industries Robotics 3D Printing Automobiles & Vehicles Automotive Parts Autonomous Driving Electric Vehicles (EVs) Hardware & Electronics Machinery

Description

Shenzhen Zhaowei Machinery & Electronic Co., Ltd. engages in the research, design, manufacture, assembly, and sale of the micro motor, gearbox, and other micro precision transmission systems. The company offers DC motors; DC, palnetary, brushless, brushed, 12V, 24V, stepper, and custom gear motors; planetary, miniature, speed reducer, plastic and metal planetary, electric motor, and custom gearboxes, as well as planetary gearheads; linear actuator motors; and customized products, such as smart home, consumer elecronics, communication, automobile, and intelligent robot drives. It serves automobiles, communication and medical technology, home automation, consumer electronics, intelligent robots, and industry equipment markets. The company was founded in 2001 and is based in Shenzhen, China.

Key trends

Past 5 years