Fujian Torch Electron Technology Co., Ltd.

Shanghai Stock Exchange 603678.SS

Fujian Torch Electron Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 8.01

Fujian Torch Electron Technology Co., Ltd. Interest Coverage Ratio is 8.01 for the year ending December 31, 2023, a -66.29% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Fujian Torch Electron Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 23.78, a -32.03% change year over year.
Fujian Torch Electron Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 34.98, a 24.71% change year over year.
Fujian Torch Electron Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 28.05, a 33.25% change year over year.
Fujian Torch Electron Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 21.05.

Key data

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

Shanghai Stock Exchange: 603678.SS

Fujian Torch Electron Technology Co., Ltd.

CEO	Mr. JinJun Cai
IPO Date	Jan. 26, 2015
Location	China
Headquarters	No. 4, Zihua Road
Employees	2,374
Sector	Materials
Industries Ceramics Chemicals & Advanced Materials Semiconductors

Description

Fujian Torch Electron Technology Co., Ltd. engages in the research and development, production, sale, and servicing of ceramic capacitors in China. It offers chip multilayer, coated lead type multilayer, molded surface mount, chip polymer solid electrolyte tantalum, and high performance carbon-based electric double layer ceramic capacitors for use in various fields, such as communication equipment, industrial control equipment, precision instrumentation, medical equipment, petroleum exploration equipment, etc. The company was formerly known as Quanzhou Torch Electronic Component Factory. Fujian Torch Electron Technology Co., Ltd. was founded in 1988 and is based in Quanzhou, China.

Key trends

Past 5 years