Newland Digital Technology Co.,Ltd.

Shenzhen Stock Exchange 000997.SZ

Newland Digital Technology Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 85.45

Newland Digital Technology Co.,Ltd. Interest Coverage Ratio is 85.45 for the year ending December 31, 2023, a 300.20% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Newland Digital Technology Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 21.35, a -82.09% change year over year.
Newland Digital Technology Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 119.25, a -33.49% change year over year.
Newland Digital Technology Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 179.30, a 209.93% change year over year.
Newland Digital Technology Co.,Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 57.85, a 210.33% change year over year.

Key data

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