Netac Technology Co

Netac Technology Co Interest Expense

The Interest Expense of Netac Technology Co (300042.SZ) as of Oct 22, 2026 is 8.22 M CNY. In the previous year, Interest Expense was 12.64 M CNY — a change of -34.95% (lower).

Interest Expense

8.22 MCNY

YoY

-34.95%

Last updated:

Interest Expense of Netac Technology Co is 2024 8.22 M CNY. Interest Expense of Netac Technology Co was 2023 12.64 M CNY. It decreases by -34.95% lower compared to the previous year.

The Netac Technology Co Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2017
17.10 M CNY
Jan 1, 2018
23.20 M CNY
Jan 1, 2019
18.80 M CNY
Jan 1, 2020
7.60 M CNY
Jan 1, 2021
16.08 M CNY
Jan 1, 2022
21.32 M CNY
Jan 1, 2023
12.64 M CNY
Jan 1, 2024
8.22 M CNY
The Netac Technology Co Interest Expense history
YEARInterest ExpenseYoY
8.22 MCNY-34.95%
12.64 MCNY-40.72%
21.32 MCNY+32.60%
16.08 MCNY+111.59%
7.60 MCNY-59.57%
18.80 MCNY-18.97%
23.20 MCNY+35.67%
17.10 MCNY-22.27%
22.00 MCNY+21.55%
18.10 MCNY-19.91%
22.60 MCNY—

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Netac Technology Co Stock analysis

What does Netac Technology Co do? Netac Technology Co., Ltd. generates revenue through the research, development, production, and sale of data storage devices such as flash drives, mobile hard drives, flash memory control chips, solid state drives, and flash memory modules. The company operates primarily in the domestic market, targeting consumers and businesses seeking storage solutions. Its additional income streams include the operation of related technology patents and house leasing services, which complement its core hardware business. The firm's main products are sold under its own brand, with no external brands mentioned in the description. Domestic market customers purchase these storage devices for personal and professional use, while the technology patent operations provide licensing revenue. House leasing contributes to the company's diversified income without requiring direct customer interaction. Netac focuses on the domestic market segment, where it serves end-users and enterprise clients through its product portfolio. The company's revenue model combines hardware sales, patent licensing, and property management, leveraging its in-house R&D capabilities and existing infrastructure to maintain profitability. Netac Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Netac Technology Co stock

Interest Expense of Netac Technology Co is 8.22 M CNY in 2024.

Interest Expense of Netac Technology Co changed from 12.64 M CNY to 8.22 M CNY, representing a -34.95% change. The value is lower than the previous year.

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

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense'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 Interest Expense's Netac Technology Co historically and in real time.

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Income Statement — Netac Technology Co

All Key Metrics — Netac Technology Co