Beijing Worldia Diamond Tools Co.,Ltd.

Shanghai Stock Exchange 688028.SS

Beijing Worldia Diamond Tools Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 145.17

Beijing Worldia Diamond Tools Co.,Ltd. Interest Coverage Ratio is 145.17 for the year ending December 31, 2023, a 361.98% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Beijing Worldia Diamond Tools Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 31.42, a -96.21% change year over year.
Beijing Worldia Diamond Tools Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 829.63, a 185.05% change year over year.
Beijing Worldia Diamond Tools Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 291.05, a -79.77% change year over year.
Beijing Worldia Diamond Tools Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 1,438.95, a 371.54% change year over year.

Key data

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

Shanghai Stock Exchange: 688028.SS

Beijing Worldia Diamond Tools Co.,Ltd.

CEO	Mr. Jifeng Chen
IPO Date	July 24, 2019
Location	China
Headquarters	M7 Building
Employees	1,381
Sector	Materials
Industries Diamonds

Description

Beijing Worldia Diamond Tools Co.,Ltd. engages in the research and development, production, and sale of high precision diamond cutting tools in China and internationally. The company offers PCD tools, CBN tools, round tools, milling cutters, special tools, CVD diamond tools, and diamond scribing wheels. Its products are used in automotive, electronic, new energy, and other industries. The company sells its products directly, as well as through a network of distributors and dealers. The company was formerly known as Beijing Supower Science and Technology Development Co., Ltd and changed its name to Beijing Worldia Diamond Tools Co.,Ltd. in 2015. Beijing Worldia Diamond Tools Co.,Ltd. was founded in 2000 and is based in Beijing, China.

Key trends

Past 5 years