Simplo Technology Co., Ltd.

Taipei Exchange 6121.TWO

Simplo Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 86.61

Simplo Technology Co., Ltd. Interest Coverage Ratio is 86.61 for the year ending December 31, 2023, a -55.24% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Simplo Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 193.52, a -86.73% change year over year.
Simplo Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 1,458.28, a 159.40% change year over year.
Simplo Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 562.18, a 687.08% change year over year.
Simplo Technology Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 71.43, a -16.38% change year over year.

Key data

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

Taipei Exchange: 6121.TWO

Simplo Technology Co., Ltd.

CEO	Mr. Fu-Hsiang Sung
IPO Date	Dec. 31, 2007
Location	Taiwan
Headquarters	No. 471, Bade Road
Employees	411
Sector	Technology
Industries Hardware & Electronics Automobiles & Vehicles Automotive Parts Cleaning Supplies Electric Vehicles (EVs) Lithium Personal Care Plastics Robotics

Description

Simplo Technology Co., Ltd. produces and sells battery packs worldwide. Its products include LEV power tool battery, handheld tool battery, and electric vehicle battery modules; household energy storage systems; smartphone, tablet, and laptop battery modules; and power banks, BT speakers, cleaning robots, wearable devices, and vacuum cleaner Li-ion battery modules. The company also provides machine parts, such as plastic moldings, injections/fixtures/films, metal stampings/trays, and die cut/busbar products; AGV products and automation equipment; and lab testing services, as well as power equipment, industrial robot controllers, machine arms, and industrial cameras. It offers its products for household appliances; and mobile devices, LEV, and EV applications, as well as for fit accessories. The company was formerly known as Simplo Company, Ltd. and changed its name to Simplo Technology Co., Ltd. in September 1998. Simplo Technology Co., Ltd. was incorporated in 1992 and is headquartered in Hsinchu City, Taiwan.

Key trends

Past 5 years