Tongkun Group Co., Ltd.

Shanghai Stock Exchange 601233.SS

Tongkun Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 1.33

Tongkun Group Co., Ltd. Interest Coverage Ratio is 1.33 for the year ending December 31, 2023, a 228.88% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Tongkun Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was -1.03, a -106.99% change year over year.
Tongkun Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 14.76, a 555.28% change year over year.
Tongkun Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 2.25, a -66.69% change year over year.
Tongkun Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 6.76, a 3.98% change year over year.

Key data

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

Shanghai Stock Exchange: 601233.SS

Tongkun Group Co., Ltd.

CEO	Mr. Shengjun Li
IPO Date	May 18, 2011
Location	China
Headquarters	Tongxiang Economic Development Zone
Employees	33,662
Sector	Materials
Industries Paper & Forest Products

Description

Tongkun Group Co., Ltd. manufactures and sells polyester filament yarns in China. The company offers various polyester filament yarns, including polyester pre-oriented, low spamdexed, full draw, and composite yarns; spandex covered yarns; two-component elastic yarns; polybutylene terephthalate matte high elastic yarns; medium-strength polyester yarn as high-performance sewing threads; imitated hemp yarns; blanket plush yarns; and cationic modified polyester under the GOLDENCOCK and Tongkun brand names. It also exports its products to South America, Europe, the Middle East, South Africa, South Korea, and Vietnam. The company was founded in 1981 and is headquartered in Tongxiang, China.

Key trends

Past 5 years