China XD Electric Co., Ltd

Shanghai Stock Exchange 601179.SS

China XD Electric Co., Ltd Interest Coverage Ratio for the year ending December 31, 2023: 15.54

China XD Electric Co., Ltd Interest Coverage Ratio is 15.54 for the year ending December 31, 2023, a -8.31% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

China XD Electric Co., Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 16.95, a 13.31% change year over year.
China XD Electric Co., Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 14.96, a 201.24% change year over year.
China XD Electric Co., Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 4.97, a -92.60% change year over year.
China XD Electric Co., Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 67.09, a 358.01% change year over year.

Key data

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

Shanghai Stock Exchange: 601179.SS

China XD Electric Co., Ltd

CEO	Mr. Qi Zhao
IPO Date	Jan. 28, 2010
Location	China
Headquarters	Block A
Employees	9,312
Sector	Materials
Industries Ceramics Automobiles & Vehicles Automotive Parts Cleaning Supplies Composite Materials Electricity Electric Vehicles (EVs) Energy Infrastructure & Tools Hardware & Electronics

Description

China XD Electric Co., Ltd engages in the research, development, design, manufacture, sale, and test of high-voltage power transmission and distribution products in China. Its products portfolio includes high-voltage switches, such as GIS, GCB, isolating switches, and grounding switches; power and converter transformers; smoothing and shunt reactors; smoothing reactors; DC transmission converter valves; power capacitors; CVT, CT, and PT transformers; electric ceramic products for power stations and composite insulator products; bushings; and zinc oxide arresters. The company was founded in 2008 and is based in Xi'an, China. China XD Electric Co., Ltd is a subsidiary of China XD Group Corporation.

Key trends

Past 5 years