Nextool Technology Co

Nextool Technology Co Interest Coverage

The Interest Coverage Ratio of Nextool Technology Co (688419.SS) as of Oct 22, 2026 is 3.14. In the previous year, Interest Coverage Ratio was 2.55 — a change of 23.18% (higher).

Interest Coverage

3.14

YoY

23.18%

Last updated:

Interest Coverage Ratio of Nextool Technology Co is 2024 3.14 . Interest Coverage Ratio of Nextool Technology Co was 2023 2.55 . It decreases by 23.18% higher compared to the previous year.

The Nextool Technology Co Interest Coverage history

  • 3 Years

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  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
15.33 CNY
Jan 1, 2020
106.98 CNY
Jan 1, 2021
134.73 CNY
Jan 1, 2022
12.87 CNY
Jan 1, 2023
2.55 CNY
Jan 1, 2024
3.14 CNY
The Nextool Technology Co Interest Coverage history
YEARInterest CoverageYoY
3.14+23.18%
2.55-80.18%
12.87-90.45%
134.73+25.93%
106.98+597.73%
15.33—

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Nextool Technology Co Stock analysis

What does Nextool Technology Co do? Nextool Technology Co., Ltd. generates revenue by developing and selling intelligent manufacturing equipment for plastic extrusion and semiconductor packaging. The company offers customized solutions including plastic extrusion molding dies, extrusion molding devices, and downstream equipment, alongside semiconductor packaging equipment like automatic plastic packaging systems, automatic rib cutting and molding tools, and manual molding presses. Its primary customers are manufacturers in the plastic extrusion and semiconductor industries, both domestically and internationally. The firm targets industrial clients seeking advanced production equipment for efficient manufacturing processes. The company’s product portfolio focuses on specialized machinery for two key sectors: plastic extrusion molding and semiconductor packaging. By providing tailored equipment such as molding dies and packaging systems, Nextool addresses specific production needs within these industries. Domestic and overseas markets form the core geographic segments for its sales, with no mention of additional regional breakdowns. The business model relies on direct sales of high-precision manufacturing tools to industrial end-users. Nextool’s revenue streams stem from the sale of custom-designed machinery rather than recurring services. Its equipment includes both automated systems for semiconductor packaging and manual tools for plastic molding, catering to diverse client requirements. The firm’s operational focus remains on delivering specialized equipment solutions without expanding into related service offerings or partnerships. Nextool Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nextool Technology Co stock

Interest Coverage Ratio of Nextool Technology Co is 3.14 in 2024.

Interest Coverage Ratio of Nextool Technology Co changed from 2.55 to 3.14, representing a 23.18% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Nextool Technology 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 Nextool Technology Co with sector peers and the industry average to assess whether it is attractive.

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