Xinyi Solar Holdings Limited

HKSE 0968.HK

Xinyi Solar Holdings Limited Interest Coverage Ratio for the year ending December 31, 2023: 15.52

Xinyi Solar Holdings Limited Interest Coverage Ratio is 15.52 for the year ending December 31, 2023, a -22.30% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Xinyi Solar Holdings Limited Interest Coverage Ratio for the year ending December 31, 2022 was 19.97, a -51.55% change year over year.
Xinyi Solar Holdings Limited Interest Coverage Ratio for the year ending December 31, 2021 was 41.22, a 59.62% change year over year.
Xinyi Solar Holdings Limited Interest Coverage Ratio for the year ending December 31, 2020 was 25.83, a 162.30% change year over year.
Xinyi Solar Holdings Limited Interest Coverage Ratio for the year ending December 31, 2019 was 9.85, a 17.19% change year over year.

Key data

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

HKSE: 0968.HK

Xinyi Solar Holdings Limited

CEO	Mr. Shing Put Lee BBS
IPO Date	Dec. 12, 2013
Location	China
Headquarters	Xinyi PV Glass Industrial Zone
Employees	12,638
Sector	Energy
Industries Solar Energy Glass Renewables

Description

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers photovoltaic power station, ultraclear patterned glasses, back glasses, and AR photovoltaic glasses. It also develops, operates, and manages solar farms; and provides engineering, procurement, and construction services. In addition, the company engages in the provision of solar power systems; and trading of solar glass products. Xinyi Solar Holdings Limited was founded in 2008 and is headquartered in Wuhu, the People's Republic of China.

Key trends

Past 5 years