Xinfengming Group Co., Ltd.

Shanghai Stock Exchange 603225.SS

Xinfengming Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 2.29

Xinfengming Group Co., Ltd. Interest Coverage Ratio is 2.29 for the year ending December 31, 2023, a 500.71% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Xinfengming Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 0.38, a -93.09% change year over year.
Xinfengming Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 5.52, a 94.56% change year over year.
Xinfengming Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 2.84, a -53.78% change year over year.
Xinfengming Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 6.14, a -34.92% change year over year.

Key data

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

Shanghai Stock Exchange: 603225.SS

Xinfengming Group Co., Ltd.

CEO	Mr. Yao Zhong Zhuang
IPO Date	April 19, 2017
Location	China
Headquarters	888 Desheng Road
Employees	16,749
Sector	Industrials
Industries Petrochemicals Chemicals & Advanced Materials Paper & Forest Products Plastics

Description

Xinfengming Group Co., Ltd. researches, develops, produces, and sells polyester filaments. The company also produces and sells purified terephthalic acid (PTA). Its products include PTA, polyester pre-oriented yarn, fully drawn yarn, draw textured yarn, staple fiber, polyester chips, and recycled polyester for use in clothing, home textiles, industrial textiles, and other fields. The company was founded in 2000 and is headquartered in Tongxiang, China.

Key trends

Past 5 years