Bairong Inc.

HKSE 6608.HK

Bairong Inc. Interest Coverage Ratio for the year ending December 31, 2023: 21.62

Bairong Inc. Interest Coverage Ratio is 21.62 for the year ending December 31, 2023, a 64.55% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Bairong Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 13.14, a 5.59% change year over year.
  • Bairong Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 12.44, a 352.50% change year over year.
  • Bairong Inc. Interest Coverage Ratio for the year ending December 31, 2020 was -4.93, a 32.10% change year over year.
  • Bairong Inc. Interest Coverage Ratio for the year ending December 31, 2019 was -7.26, a 64.93% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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HKSE: 6608.HK

Bairong Inc.

CEO Mr. Shaofeng Zhang
IPO Date March 31, 2021
Location China
Headquarters Tower A
Employees 1,414
Sector Technology
Industries
Description

Bairong Inc., together with its subsidiaries, provides smart analytics and operation, precision marketing, and insurance distribution services in the People's Republic of China. It also engages in micro-loan business, and insurance and reinsurance brokerage business. In addition, the company provides development, consulting, and transfer services of software and hardware products, and network technology; data processing and big data services; enterprise credit services; and software development and computer system development services. It provides its solutions to banks, consumer finance companies, insurance companies, and various other financial service providers. The company was founded in 2014 and is headquartered in Beijing, China.

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StockViz Staff

January 15, 2025

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