Jiangsu Lidao New Materials Co., Ltd.

Shanghai Stock Exchange 603937.SS

Jiangsu Lidao New Materials Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 36.21

Jiangsu Lidao New Materials Co., Ltd. Interest Coverage Ratio is 36.21 for the year ending December 31, 2023, a -70.22% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Jiangsu Lidao New Materials Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 121.62, a -72.42% change year over year.
Jiangsu Lidao New Materials Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 440.89, a 188.66% change year over year.
Jiangsu Lidao New Materials Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 152.74, a -69.39% change year over year.
Jiangsu Lidao New Materials Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 498.94, a -21.46% change year over year.

Key data

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

Shanghai Stock Exchange: 603937.SS

Jiangsu Lidao New Materials Co., Ltd.

CEO	Mr. Zheng Guo Cai
IPO Date	Nov. 2, 2017
Location	China
Headquarters	No. 1959, Longcheng Avenue
Employees	596
Sector	Materials
Industries Aluminum Construction Materials Metals

Description

Jiangsu Lidao New Materials Co., Ltd. produces and sells aluminum products in China and internationally. It offers aluminum magnesium manganese roofing systems, color coated aluminum coils, aluminum alloy ceiling products, and curtain wall facing panels, as well as high-end colored aluminum products, welded honeycomb panels, and other materials for rail transit, new energy vehicles, petrochemicals, ships, construction, industry, food packaging, and other industries. The company was founded in 2004 and is based in Changzhou, China.

Key trends

Past 5 years