Cheng Shin Rubber Ind. Co., Ltd.

Taiwan Stock Exchange 2105.TW

Cheng Shin Rubber Ind. Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 9.93

Cheng Shin Rubber Ind. Co., Ltd. Interest Coverage Ratio is 9.93 for the year ending December 31, 2023, a 10.45% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Cheng Shin Rubber Ind. Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 8.99, a -34.67% change year over year.
  • Cheng Shin Rubber Ind. Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 13.76, a 71.79% change year over year.
  • Cheng Shin Rubber Ind. Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 8.01, a 106.58% change year over year.
  • Cheng Shin Rubber Ind. Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 3.88, a -5.59% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Taiwan Stock Exchange: 2105.TW

Cheng Shin Rubber Ind. Co., Ltd.

CEO Mr. Yun-Hwa Chen
IPO Date Jan. 4, 2000
Location Taiwan
Headquarters No. 215, Meigang Road
Employees 26,726
Sector Consumer Discretionary
Industries
Description

Cheng Shin Rubber Ind. Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products. It also manufactures and trades in various rubber products and related rubber machinery, and truck and automobile tires; and distributes rubber and components of tires. The company researches, develops, tests, manufactures, exhibits, imports, exports, wholesales, and retails tires and automobile accessories and related products, as well as processes and sells various anti-vibration rubber and hardware products. It also operates a technical center; produces, sells, and maintains models; retails accessories for rubber tires; provides container transportation services; manages racing tracks; and offers warehouse logistic and after-sales service center services. In addition, the company provides cover and tubes of tires and bicycle tires; adhesives; tapes; radial tires; plastic machinery; and molds and its accessory products. Further, it is involved in the construction and trading of employees' housings, and trading of vehicles parts and accessories. The company operates in Taiwan, China, the United States, and internationally. Cheng Shin Rubber Ind. Co., Ltd. was incorporated in 1967 and is headquartered in Changhua, Taiwan.

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StockViz Staff

February 5, 2025

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