Jung Shing Wire Co., Ltd.

Taiwan Stock Exchange 1617.TW

Jung Shing Wire Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 1.62

Jung Shing Wire Co., Ltd. Interest Coverage Ratio is 1.62 for the year ending December 31, 2023, a -73.84% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Jung Shing Wire Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 6.20, a -76.48% change year over year.
Jung Shing Wire Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 26.36, a 1.94% change year over year.
Jung Shing Wire Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 25.86, a 113.00% change year over year.
Jung Shing Wire Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 12.14, a 1.00% change year over year.

Key data

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

Taiwan Stock Exchange: 1617.TW

Jung Shing Wire Co., Ltd.

CEO	Shouji Qiu
IPO Date	Jan. 4, 2000
Location	Taiwan
Headquarters	No. 231, Chung Cheng Road
Employees	280
Sector	Materials
Industries Composite Materials 3D Printing Automobiles & Vehicles Automotive Parts Electric Vehicles (EVs) Hardware & Electronics Lithium Metals Steel

Description

Jung Shing Wire Co., Ltd. manufactures and sells magnet wires in Taiwan. The company offers general magnet wires for motors, transformers, generators, telecommunication, mobiles, auto-controlling, in-house products, electronic apparatus, and aerospace and aviation related equipment; self-bonding magnet wires; and special magnet wires, including ribbon wires, parallel-laid multi-wires, copper-clad aluminum wires, aluminum wires, litz wires, high-tension magnet wires, silver magnet wires, silver- plate magnet wires, and surge resistance magnet wires. Its products are used in motors, coils, and transformers. Jung Shing Wire Co., Ltd. was founded in 1971 and is based in Tainan City, Taiwan.

Key trends

Past 5 years