Keda Industrial Group Co., Ltd.

Shanghai Stock Exchange 600499.SS

Keda Industrial Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 5.94

Keda Industrial Group Co., Ltd. Interest Coverage Ratio is 5.94 for the year ending December 31, 2023, a -88.12% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Keda Industrial Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 50.02, a 188.81% change year over year.
Keda Industrial Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 17.32, a 302.13% change year over year.
Keda Industrial Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 4.31, a 82.80% change year over year.
Keda Industrial Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 2.36, a 174.48% change year over year.

Key data

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

Shanghai Stock Exchange: 600499.SS

Keda Industrial Group Co., Ltd.

CEO	Mr. Xuexian Yang
IPO Date	Oct. 10, 2002
Location	China
Headquarters	No. 1, Huanzhen Xi Road
Employees	15,171
Sector	Materials
Industries Construction Materials Machinery

Description

Keda Industrial Group Co., Ltd. engages in the manufacture and sale of building material machinery in China and internationally. The company provides slip preparation, powder preparation, slab technology, pressing and drying, glaze preparation, decoration, firing, measuring, compensator and storage, smart control, spare parts and consumables, and pigment and glaze products, as well as polishing, squaring and cutting, sorting, and packing and palletizing products for tiles; raw material preparation and auto loading/unloading systems, roller kiln firing systems, bidirectional roller tables, and cutting production and smart control line products for cellular ceramics; kiln products for sanitaryware; and isostatic presses and fettling machines for tableware products. It also offers complete plant products for stones; and metal forging products, such as pressing products for metals, as well as kiln for metal heating. The company was formerly known as Keda Clean Energy Co., Ltd. and changed its name to Keda Industrial Group Co., Ltd. in July 2020. Keda Industrial Group Co., Ltd. was founded in 1992 and is headquartered in Foshan, China.

Key trends

Past 5 years