China New Town Development Co

China New Town Development Co Interest Coverage

The Interest Coverage Ratio of China New Town Development Co (1278.HK) as of Nov 1, 2026 is 0.70. In the previous year, Interest Coverage Ratio was 5.06 — a change of -86.14% (lower).

Interest Coverage

0.70

YoY

-86.14%

Last updated:

Interest Coverage Ratio of China New Town Development Co is 2024 0.70 . Interest Coverage Ratio of China New Town Development Co was 2023 5.06 . It decreases by -86.14% lower compared to the previous year.

The China New Town Development Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
6.92 CNY
Jan 1, 2018
0.02 CNY
Jan 1, 2019
9.53 CNY
Jan 1, 2020
-1.96 CNY
Jan 1, 2021
1,604.45 CNY
Jan 1, 2022
2.34 CNY
Jan 1, 2023
5.06 CNY
Jan 1, 2024
0.70 CNY
The China New Town Development Co Interest Coverage history
YEARInterest CoverageYoY
0.70-86.14%
5.06+115.77%
2.34-99.85%
1,604.45-81,778.64%
-1.96-120.62%
9.53+42,257.26%
0.02-99.68%
6.92+406.99%
1.37+31.79%
1.04-107.39%
-14.02—

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China New Town Development Co Stock analysis

What does China New Town Development Co do? China New Town Development Co Ltd generates revenue through four business segments. The Property Leasing segment provides leasing services for investment properties. The Land Development segment focuses on building land infrastructure and public facilities. The Urbanization Development segment invests in and develops new township projects. The Other segment offers supplementary services. The company employs 89 full-time employees and operates under its own brand name. The Property Leasing segment serves tenants seeking commercial or residential space in developed properties. Land Development targets municipal and government entities requiring infrastructure for new areas. Urbanization Development caters to local governments and investors interested in township projects. The Other segment supports overall business operations with additional services. The company's revenue streams are derived from leasing fees, land development contracts, township project investments, and supplementary service charges. It serves municipal authorities, investors, and tenants across its operational segments. The firm's business model relies on long-term contracts and infrastructure development within new town planning. China New Town Development Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about China New Town Development Co stock

Interest Coverage Ratio of China New Town Development Co is 0.70 in 2024.

Interest Coverage Ratio of China New Town Development Co changed from 5.06 to 0.70, representing a -86.14% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio China New Town Development Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's China New Town Development Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — China New Town Development Co

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