Bright Real Estate Group Co.,Limited

Shanghai Stock Exchange 600708.SS

Bright Real Estate Group Co.,Limited Interest Coverage Ratio for the year ending December 31, 2023: 0.70

Bright Real Estate Group Co.,Limited Interest Coverage Ratio is 0.70 for the year ending December 31, 2023, a -59.28% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Bright Real Estate Group Co.,Limited Interest Coverage Ratio for the year ending December 31, 2022 was 1.72, a -24.40% change year over year.
Bright Real Estate Group Co.,Limited Interest Coverage Ratio for the year ending December 31, 2021 was 2.28, a -17.10% change year over year.
Bright Real Estate Group Co.,Limited Interest Coverage Ratio for the year ending December 31, 2020 was 2.75, a -7.06% change year over year.
Bright Real Estate Group Co.,Limited Interest Coverage Ratio for the year ending December 31, 2019 was 2.96, a -34.01% change year over year.

Key data

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

Shanghai Stock Exchange: 600708.SS

Bright Real Estate Group Co.,Limited

CEO	Mr. Qiang Guo
IPO Date	June 6, 1996
Location	China
Headquarters	No. 199, Xizang North Road
Employees	1,800
Sector	Industrials
Industries Construction Homebuilding

Description

Bright Real Estate Group Co.,Limited develops residential and commercial real estate properties in China. The company is also involved in the logistics business; construction engineering business; and business operations, including construction, planning and positioning, investment and leasing, sales agency, real estate replacement, property management financing, and property management activities. In addition, it designs, processes, produces, and installs building materials, including aluminum alloys, and plastic steel doors and windows. The company is based in Shanghai, China.

Key trends

Past 5 years