Tat Hong Equipment Service Co., Ltd.

HKSE 2153.HK

Tat Hong Equipment Service Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2024: -0.69

Tat Hong Equipment Service Co., Ltd. Interest Coverage Ratio is -0.69 for the year ending March 31, 2024, a -996.62% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Tat Hong Equipment Service Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2023 was -0.06, a -104.07% change year over year.
Tat Hong Equipment Service Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2022 was 1.54, a -74.66% change year over year.
Tat Hong Equipment Service Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2021 was 6.06, a 20.26% change year over year.
Tat Hong Equipment Service Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2020 was 5.04, a 19.63% change year over year.

Key data

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

HKSE: 2153.HK

Tat Hong Equipment Service Co., Ltd.

CEO	Mr. Kok San Yau
IPO Date	Jan. 13, 2021
Location	China
Headquarters	Building 8
Employees	732
Sector	Industrials
Industries Machinery Cement Construction Construction Materials Drones Engineering Services Steel Wind Energy

Description

Tat Hong Equipment Service Co., Ltd. provides tower crane solutions in the People's Republic of China. The company offers consultation, technical design, commissioning, construction, and after-sales services to construction contractors in infrastructure, clean energy, traditional energy, general construction, commercial building, and residential buildings. It also engages in the installation, maintenance, and leasing of construction machinery and equipment. The company manages a fleet of 1,080 tower cranes. The company was founded in 2007 and is headquartered in Shanghai, China. Tat Hong Equipment Service Co., Ltd. is a subsidiary of Tat Hong Equipment (China) Pte. Ltd.

Key trends

Past 5 years