ZHEJIANG NARADA POWER SOURCE Co. , Ltd.

Shenzhen Stock Exchange 300068.SZ

ZHEJIANG NARADA POWER SOURCE Co. , Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 0.91

ZHEJIANG NARADA POWER SOURCE Co. , Ltd. Interest Coverage Ratio is 0.91 for the year ending December 31, 2023, a -54.94% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

ZHEJIANG NARADA POWER SOURCE Co. , Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 2.03, a 133.22% change year over year.
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was -6.11, a -400.76% change year over year.
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was -1.22, a -150.79% change year over year.
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 2.40, a 32.11% change year over year.

Key data

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

Shenzhen Stock Exchange: 300068.SZ

ZHEJIANG NARADA POWER SOURCE Co. , Ltd.

CEO	Mr. Baoyi Zhu
IPO Date	April 21, 2010
Location	China
Headquarters	No. 822, Wener West Road
Employees	5,161
Sector	Utilities
Industries Energy Storage & Batteries Automobiles & Vehicles Electric Vehicles (EVs) Energy Infrastructure & Tools Lithium

Description

ZHEJIANG NARADA POWER SOURCE Co. , Ltd. engages in the research, development, manufacture, sale, and service of lithium-ion batteries and systems, lead storage batteries and systems, fuel cells, and lead and lithium resource renewable products. It offers lithium ion batteries, and modules and battery packs; iron phosphate lithium batteries, modules, and battery packs; electric boxes, battery cabinets, software management systems, etc.; communication backup, motive power, and renewable energy storage batteries and accessories; and home and commercial energy storage solutions. The company founded in 1994 and is based in Hangzhou, China.

Key trends

Past 5 years