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China Qidian Guofeng Holdings (HKSE:01280) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is China Qidian Guofeng Holdings Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. China Qidian Guofeng Holdings's Operating Income for the six months ended in Dec. 2023 was HK$-20.5 Mil. China Qidian Guofeng Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-10.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for China Qidian Guofeng Holdings's Interest Coverage or its related term are showing as below:


HKSE:01280's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.805
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


China Qidian Guofeng Holdings Interest Coverage Historical Data

The historical data trend for China Qidian Guofeng Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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China Qidian Guofeng Holdings Interest Coverage Chart

China Qidian Guofeng Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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China Qidian Guofeng Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of China Qidian Guofeng Holdings's Interest Coverage

For the Specialty Retail subindustry, China Qidian Guofeng Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Qidian Guofeng Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Qidian Guofeng Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Qidian Guofeng Holdings's Interest Coverage falls into.



China Qidian Guofeng Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

China Qidian Guofeng Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, China Qidian Guofeng Holdings's Interest Expense was HK$-22.3 Mil. Its Operating Income was HK$-31.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$527.8 Mil.

China Qidian Guofeng Holdings did not have earnings to cover the interest expense.

China Qidian Guofeng Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, China Qidian Guofeng Holdings's Interest Expense was HK$-10.3 Mil. Its Operating Income was HK$-20.5 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$527.8 Mil.

China Qidian Guofeng Holdings did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


China Qidian Guofeng Holdings  (HKSE:01280) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


China Qidian Guofeng Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of China Qidian Guofeng Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


China Qidian Guofeng Holdings (HKSE:01280) Business Description

Traded in Other Exchanges
N/A
Address
No. 539 Wenchang Zhong Road, 6th Floor, Huiyin Building, Jiangsu Province, Yangzhou, CHN
China Qidian Guofeng Holdings Ltd Formerly Qidian International Co Ltd is an investment holding company. It is engaged in the retail of household appliances, mobile phones, computers, imported and general merchandise, and the provision of maintenance and installation services for household appliances in the PRC. The operating segments of the group are Traditional business; New retail business and All other segments. Its Traditional business includes the results from sales of household appliances, mobile phones, and computers. New retail business includes the results from sales of imported and general merchandise. All other segments include the results from rendering maintenance and installation services. The company generates prime revenue from the Traditional business segment.
Executives
Yuan Li 2201 Interest of corporation controlled by you
Xiang Gang Rui Hong Yi Xing Guo Ji You Xian Gong Si 2101 Beneficial owner
Ou Pu Shan Wei Guo Ji Kong Gu You Xian Gong Si 2101 Beneficial owner
Sheng Xing Guo Ji Ji Tuan You Xian Gong Si 2101 Beneficial owner
Sun Yan 2201 Interest of corporation controlled by you
Shan Weiwei 2201 Interest of corporation controlled by you
Mogen Ltd. 2201 Interest of corporation controlled by you
Liu Yang 2201 Interest of corporation controlled by you
Ya Yue Long Te You Xian Gong Si 2101 Beneficial owner
Chen Bo 2201 Interest of corporation controlled by you
Xiang Gang Teng Chuang De Xin Guo Ji You Xian Gong Si 2101 Beneficial owner
Boce (hong Kong) Co., Limited 2101 Beneficial owner
Zhong Qing Sheng Shang Xin Xi Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Bo Hai Shang Pin Jiao Yi Suo Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Bao Shi Tian Jin Dian Zi Shang Wu You Xian Gong Si 2201 Interest of corporation controlled by you

China Qidian Guofeng Holdings (HKSE:01280) Headlines

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