Newland Digital Technology Co.,Ltd.

Shenzhen Stock Exchange 000997.SZ

Newland Digital Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.20

Newland Digital Technology Co.,Ltd. Debt to Equity Ratio is 0.20 for the year ending December 31, 2023, a 105.00% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Newland Digital Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.10, a 17.02% change year over year.
Newland Digital Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.08, a -47.46% change year over year.
Newland Digital Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.16, a -19.03% change year over year.
Newland Digital Technology Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.19, a 8.78% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shenzhen Stock Exchange: 000997.SZ

Newland Digital Technology Co.,Ltd.

CEO	Ms. Jing Wang
IPO Date	Aug. 7, 2000
Location	China
Headquarters	No. 1 Rujiang West Road
Employees	6,561
Sector	Finance
Industries Point-Of-Sale (POS) Hardware & Electronics

Description

Newland Digital Technology Co.,Ltd. provides bar code, financial POS terminal equipment, mobile and other communications, and IoT services in China and internationally. The company offers bar code recognition equipment; POS machines for electronic financial payment; mobile information technology; information services based on the business support systems for mobile and other communication operators; system solutions for the high-speed electromechanical engineering; and system and service platforms, cloud computing, and big data services. It also engages in the information technology solutions, business support domains and network support operations, and infrastructure information services businesses; and electromechanical information technology research and development, system integration, and project implementation businesses. The company was formerly known as Fujian Newland Computer Co., Ltd. and changed its name to Newland Digital Technology Co.,Ltd. in November 2018. Newland Digital Technology Co.,Ltd. was founded in 1994 and is based in Fuzhou, China.

Key trends

Past 5 years