Lakala Payment Co., Ltd.

Shenzhen Stock Exchange 300773.SZ

Lakala Payment Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 23.19

Lakala Payment Co., Ltd. Interest Coverage Ratio is 23.19 for the year ending December 31, 2023, a 127.28% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Lakala Payment Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was -85.00, a -115.83% change year over year.
Lakala Payment Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 536.79, a -88.36% change year over year.
Lakala Payment Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 4,612.90, a 600.26% change year over year.
Lakala Payment Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 658.74, a 44.82% change year over year.

Key data

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

Shenzhen Stock Exchange: 300773.SZ

Lakala Payment Co., Ltd.

CEO	Mr. Sun Taoran
IPO Date	April 25, 2019
Location	China
Headquarters	606, Zhongguancun One
Employees	1,976
Sector	Finance
Industries Credit Cards & Payments Banking & Lending Bitcoin & Crypto E-commerce Fintech Point-Of-Sale (POS) Retail & Wholesale Specialty Retail

Description

Lakala Payment Co., Ltd. provides third-party payment and financial technology services in China. The company offers integrated payment solutions for insurance industry; real estate industry solutions; installment payment services; and supply chain solutions for retail industry. It also provides Kara intelligent POS, money treasures Kara, Kara income section Po, Kara cloud shop, Kara collection code, Kara shop portal, and other products to supermarkets, convenience stores, community retails, logistics, catering, property, insurance, trade and other industries. In addition, the company offers payment acquiring and business services to small and medium micro businesses. The company was founded in 2005 and is based in Beijing, China.

Key trends

Past 5 years