IReader Technology Co

IReader Technology Co Debt

The Debt of IReader Technology Co (603533.SS) as of Oct 23, 2026 is 8.98 M CNY. In the previous year, Debt was 12.97 M CNY — a change of -30.74% (lower).

Debt

8.98 MCNY

YoY

-30.74%

Last updated:

In 2024, IReader Technology Co's total debt was 8.98 M CNY, a -30.74% change from the 12.97 M CNY total debt recorded in the previous year.

The IReader Technology Co Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2020
14.39 M CNY
Jan 1, 2021
9.31 M CNY
Jan 1, 2022
1.08 M CNY
Jan 1, 2023
12.97 M CNY
Jan 1, 2024
8.98 M CNY
The IReader Technology Co Debt history
YEARDebtYoY
8.98 MCNY-30.74%
12.97 MCNY+1,103.05%
1.08 MCNY-88.42%
9.31 MCNY-35.35%
14.39 MCNY—

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IReader Technology Co Stock analysis

What does IReader Technology Co do? iReader Technology Co., Ltd. generates revenue through its Palm Reading brand, offering digital reading services and value-added services. The company's value-added services include content-related offerings like copyright business, hardware-related services such as hardware products business, and traffic-related services including game intermodal and advertising marketing businesses. These services are primarily sold to domestic customers in China, with the company focusing on the domestic market for its operations. The Palm Reading brand is central to iReader's business model, driving both digital reading subscriptions and ancillary revenue streams. Content-related value-added services involve copyright management, while hardware-related services encompass the sale of devices. Traffic-related services leverage user engagement through game intermodal and advertising marketing, creating multiple revenue channels within the domestic Chinese market. iReader's revenue streams are diversified across content, hardware, and traffic services, all under the Palm Reading brand. The company targets domestic consumers with its digital reading platform, utilizing copyright business, hardware products, and advertising marketing to maximize profitability within China's digital content ecosystem. IReader Technology Co is one of the most popular companies on Eulerpool.

Debt Details

Understanding IReader Technology Co's Debt Structure

IReader Technology Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing IReader Technology Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to IReader Technology Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in IReader Technology Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about IReader Technology Co stock

Debt of IReader Technology Co is 8.98 M CNY in 2024.

Debt of IReader Technology Co changed from 12.97 M CNY to 8.98 M CNY, representing a -30.74% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Debt IReader Technology Co since 2006 – with annual values, charts, and detailed analysis.

Debt's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's IReader Technology Co historically and in real time.

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Balance Sheet — IReader Technology Co

All Key Metrics — IReader Technology Co