HMT (Xiamen) New Technical Materials Co., Ltd

Shanghai Stock Exchange 603306.SS

HMT (Xiamen) New Technical Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2023: 25.99

HMT (Xiamen) New Technical Materials Co., Ltd Interest Coverage Ratio is 25.99 for the year ending December 31, 2023, a -82.55% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

HMT (Xiamen) New Technical Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 148.92, a -7.90% change year over year.
HMT (Xiamen) New Technical Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 161.69, a -26.71% change year over year.
HMT (Xiamen) New Technical Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 220.63, a -72.42% change year over year.
HMT (Xiamen) New Technical Materials Co., Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 799.85, a -85.44% change year over year.

Key data

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

Shanghai Stock Exchange: 603306.SS

HMT (Xiamen) New Technical Materials Co., Ltd

CEO	Mr. Chu Quan Zhang
IPO Date	Sept. 26, 2014
Location	China
Headquarters	No. 69, Sushan Road
Employees	3,278
Sector	Materials
Industries Composite Materials Apparel & Fashion Automobiles & Vehicles Automotive Parts Cleaning Supplies Hardware & Electronics Luxury Goods Plastics

Description

HMT (Xiamen) New Technical Materials Co., Ltd. researches, develops, produces, and sells fabrics in China and internationally. It offers automotive airbag clothes, automotive airbags/OPWs, safety belts, mesh clothes, bulletproof clothes, and other industrial fabrics. The company was formerly known as Huamao (Xiamen) Technical Textile Co., Ltd and changed its name to HMT (Xiamen) New Technical Materials Co., Ltd in 2010. HMT (Xiamen) New Technical Materials Co., Ltd was founded in 2002 and is based in Xiamen, China.

Key trends

Past 5 years