PATEO CONNECT Technology (Shanghai)

PATEO CONNECT Technology (Shanghai) Interest Coverage

The Interest Coverage Ratio of PATEO CONNECT Technology (Shanghai) (2889.HK) as of Oct 18, 2026 is -53.73. In the previous year, Interest Coverage Ratio was -5.02 — a change of 969.94% (lower).

Interest Coverage

-53.73

YoY

969.94%

Last updated:

Interest Coverage Ratio of PATEO CONNECT Technology (Shanghai) is 2024 -53.73 . Interest Coverage Ratio of PATEO CONNECT Technology (Shanghai) was 2023 -5.02 . It decreases by 969.94% lower compared to the previous year.

The PATEO CONNECT Technology (Shanghai) Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2022
-21.80 CNY
Jan 1, 2023
-5.02 CNY
Jan 1, 2024
-53.73 CNY
The PATEO CONNECT Technology (Shanghai) Interest Coverage history
YEARInterest CoverageYoY
-53.73+969.94%
-5.02-76.97%
-21.80—

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PATEO CONNECT Technology (Shanghai) Stock analysis

What does PATEO CONNECT Technology (Shanghai) do? PATEO CONNECT Technology (Shanghai) Corp is a China-based company headquartered in Shanghai. The company is scheduled to go public on September 30, 2025, with ticker 2889.HK and ISIN CNE1000074M0. It operates in the technology sector, focusing on smart cockpit solutions for the automotive industry. The company provides comprehensive smart cockpit solutions and vehicle connectivity support services to original equipment manufacturers (OEMs) and Tier-1 suppliers. Its smart cockpit solutions include domain controllers, cockpit components, and research and development services. Vehicle connectivity support services encompass user support services that help OEMs assist car owners and platform maintenance services for vehicle connectivity platforms. Additionally, the company engages in the sales of automotive-grade chips. PATEO CONNECT Technology (Shanghai) Corp maintains a website at https://www.pateo.com.cn/ for further information. The company's business activities are centered around enhancing vehicle connectivity and cockpit technology, targeting the automotive sector with a focus on innovation and support for OEMs and suppliers. PATEO CONNECT Technology (Shanghai) is one of the most popular companies on Eulerpool.

Frequently Asked Questions about PATEO CONNECT Technology (Shanghai) stock

Interest Coverage Ratio of PATEO CONNECT Technology (Shanghai) is -53.73 in 2024.

Interest Coverage Ratio of PATEO CONNECT Technology (Shanghai) changed from -5.02 to -53.73, representing a 969.94% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio PATEO CONNECT Technology (Shanghai) 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 PATEO CONNECT Technology (Shanghai) with sector peers and the industry average to assess whether it is attractive.

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Leverage — PATEO CONNECT Technology (Shanghai)

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