New Frontier

    OverviewSuggest Edit

    New Frontier is a company that focuses on merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more operating businesses. The company has interests across several strategic industries, including healthcare, internet, artificial intelligence, big data, education, and financial services.

    TypePrivate
    Founded2018
    HQHong Kong , HK
    Websitenew-frontier.com

    Latest Updates

    Employees (est.) (Dec 2020)3,309
    Revenue (FY, 2018)$0
    Cybersecurity ratingAMore

    Key People/Management at New Frontier

    Carl Wu

    Carl Wu

    Chief Executive Officer & Co-Founder
    Francis Lee

    Francis Lee

    Managing Director - New Frontier
    Ed Tam

    Ed Tam

    Chief Design Officer - New Frontier,Vice-Chairman - New Frontier Innovation
    Jason Zheng

    Jason Zheng

    Executive Director - New Frontier, Co-Founder & CEO - HelloToby
    Evan Qiang

    Evan Qiang

    Assistant to Group Chairman and CEO - New Frontier
    Albert Xu

    Albert Xu

    Co-Founder & Co-CEO - Care Alliance, Executive Director - SHH
    Show more

    New Frontier Office Locations

    New Frontier has an office in Hong Kong
    Hong Kong , HK (HQ)
    23rd Floor, 299QRC, 287-299 Queen's Road Central,
    Show all (2)

    New Frontier Financials and Metrics

    Summary Metrics

    Founding Date

    2018
    Show all financial metrics

    New Frontier Revenue

    USD

    Net income (FY, 2020)

    (531.9m)

    Cash (31-Dec-2020)

    640.4m
    Annual
    USDFY, 2018FY, 2020

    Revenue

    General and administrative expense

    778.4k

    Operating expense total

    778.4k

    EBIT

    (778.4k)
    Quarterly
    USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019

    Revenue

    General and administrative expense

    180.8k343.3k50.7k9.2m

    Operating expense total

    180.8k343.3k50.7k9.2m

    EBIT

    (180.8k)(343.3k)(50.6k)(9.2m)
    Annual
    USDFY, 2018FY, 2019FY, 2020

    Cash

    2.4m1.4b640.4m

    Accounts Receivable

    215.4m

    Prepaid Expenses

    59.7k

    Inventories

    56.6m
    Quarterly
    USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019

    Cash

    2.7m2.0m1.7m1.2m

    Prepaid Expenses

    112.3k54.8k3.5k60.2k

    Current Assets

    2.8m2.0m1.7m1.3m

    Total Assets

    291.8m294.2m295.6m296.8m
    Annual
    USDFY, 2018FY, 2020

    Net Income

    2.2m

    Accounts Payable

    240.5k

    Cash From Operating Activities

    (440.9k)

    Cash From Investing Activities

    (287.5m)
    Quarterly
    USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019

    Net Income

    1.2m1.4m3.0m(4.6m)

    Accounts Payable

    30.8k37.8k(210.4k)(159.6k)

    Cash From Operating Activities

    (223.5k)(372.7k)(612.3k)(1.1m)

    Cash From Investing Activities

    (287.5m)
    USDQ3, 2018

    Financial Leverage

    58.4 x
    Show all financial metrics

    New Frontier Acquisitions / Subsidiaries

    Company NameDateDeal Size
    United Family HealthcareAugust 01, 2019$1.4 b

    New Frontier Cybersecurity Score

    Cybersecurity ratingPremium dataset

    A

    94/100

    SecurityScorecard logo

    New Frontier Online and Social Media Presence

    Embed Graph

    New Frontier News and Updates

    New Frontier Data Releases First Comparative Study on EU and US Cannabis Regulations

    Consumer Product Expectations Projected to Influence Evolution of Cannabis Regulatory Framework Consumer Product Expectations Projected to Influence Evolution of Cannabis Regulatory Framework

    Planet TV Studios Presents the New Frontier Documentary Episode Featuring El Paso Children's Hospital

    EL PASO, Texas, July 23, 2021 /PRNewswire/ -- The New Frontiers episode featuring El Paso Children's Hospital, plans to air in the third quarter of 2021 and will also be airing on video-on-demand platforms such as Roku, iTunes, Amazon, Google Play and other various on-demand platforms. El...

    Planet TV Studios Presents the New Frontier Documentary Episode Featuring Cognitive FX

    New Frontiers is a television series that explores emerging technologies in science and healthcare. In this episode, they discover how Cognitive FX is becoming the world leader in treatment for patients suffering from long-term concussion symptoms and post-concussion syndrome (PCS). New Frontiers is…

    Latin America Is The New Frontier For Impact Investing

    Sustainable & Impact investment is making its way around the world, and Latin America (LatAm) is following the leading trends. The right conditions and opportunities are developing. LatAm is primed and ready to welcome value aligned investors looking to create returns with a Net Positive Impact.

    New Frontier Materials Acquires Aggregates & Asphalt Businesses From Fred Weber, Inc.

    MARYLAND HEIGHTS, Mo., July 15, 2021 /PRNewswire/ -- Fred Weber, Inc., a construction materials and services provider based in St. Louis, sold its aggregates and asphalt assets to New Frontier Materials. These operations form the core of New Frontier, a platform company in construction...

    Planet TV Presents the New Frontier Documentary Episode Featuring Kolvita Family Medical Group

    New Frontiers is a captivating television series that explores the medical industry and personalized healthcare for individuals. New Frontiers is a short-form documentary series featured on television and multiple on-demand platforms.
    Show more

    New Frontier Blogs

    New Frontier join disaster relief efforts for Henan floods

    Henan, China,  August, 2021 — On July 20, Henan province suffered extreme heavy rainfall, which exceeded the highest level on local weather records. According to official media, many hospitals in Henan Province have serious ponding, and some hospitals even have power outages. New Frontier urgently l…

    New Frontier Health Corporation Enters into Definitive Merger Agreement for Going Private Transaction

    New Frontier Health Corporation Enters into Definitive Merger Agreement for Going Private Transaction Beijing, China, August 4th, 2021 New Frontier Health Corporation (“NFH” or the “Company”) (NYSE: NFH), operator of the premium healthcare services provider United Family Healthcare, today announced …

    New Frontier Health Corporation Announces Receipt of Clarification to Preliminary Non-Binding “Going Private” Proposal

    New Frontier Health Corporation Announces Receipt of Clarification to Preliminary Non-Binding “Going Private” Proposal Beijing, China,  February 20, 2021 New Frontier Health Corporation (“NFH” or the “Company”) (NYSE: NFH), operator of the premium healthcare services provider United Family Healthcar…

    New Frontier Health Inc’s  United Family Healthcare Launches Online and Telephone Consultations During COVID-19 Outbreak

    New Frontier Health Corporation (“NFH” or “the Company”) (NYSE: NFH), operator of the premium healthcare services provider, United Family Healthcare (UFH), announced today that UFH has launched free online and telephone consultation services to its patients. Beijing, China,  February 24, 2020 — New …

    Coronavirus Medical Relief Donation

    In light of the recent outbreak of the new coronavirus in Wuhan, New Frontier Group and United Family Healthcare (“UFH”), together with their strategic partners have announced a donation to Leishenshan Hospital, Zhongnan Hospital of Wuhan University, and other institutions which are at the frontline…

    Care Alliance completes the acquisition of Hekang Medical’s rehabilitation business

    Shanghai Care Alliance Technology Co., Ltd. (hereinafter “Care Alliance”), a member of New Frontier Group, announced its completion of the acquisition of the rehabilitation business (hereinafter “target business”) of Zhejiang Hekang Medical Group Co., Ltd. (hereinafter “Hekang Medical”) today. The t…
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    New Frontier Frequently Asked Questions

    • When was New Frontier founded?

      New Frontier was founded in 2018.

    • Who are New Frontier key executives?

      New Frontier's key executives are Carl Wu, Francis Lee and Ed Tam.

    • How many employees does New Frontier have?

      New Frontier has 3,309 employees.

    • Who are New Frontier competitors?

      Competitors of New Frontier include PIMCO, Citadel and Apex Fund Services.

    • Where is New Frontier headquarters?

      New Frontier headquarters is located at 23rd Floor, 299QRC, 287-299 Queen's Road Central,, Hong Kong .

    • Where are New Frontier offices?

      New Frontier has an office in Hong Kong.

    • How many offices does New Frontier have?

      New Frontier has 2 offices.