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China Zenith Chemical Group (HKSE:00362) Interest Expense : HK$-118.31 Mil (TTM As of Dec. 2023)


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What is China Zenith Chemical Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Zenith Chemical Group's interest expense for the six months ended in Dec. 2023 was HK$ -55.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.31 Mil.

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. China Zenith Chemical Group's Operating Income for the six months ended in Dec. 2023 was HK$ -31.49 Mil. China Zenith Chemical Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -55.61 Mil. China Zenith Chemical Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. 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 Zenith Chemical Group Interest Expense Historical Data

The historical data trend for China Zenith Chemical Group's Interest Expense 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.

* Premium members only.

China Zenith Chemical Group Interest Expense Chart

China Zenith Chemical Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -92.63 -110.94 -126.03 -166.03 -113.93

China Zenith Chemical Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.66 -107.37 -51.23 -62.70 -55.61

China Zenith Chemical Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-118.31 Mil.

* 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.


China Zenith Chemical Group  (HKSE:00362) Interest Expense Explanation

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. The higher, the better.

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 Zenith Chemical Group's Interest Expense for the six months ended in Dec. 2023 was HK$-55.61 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-31.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$625.57 Mil.

China Zenith Chemical Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

China Zenith Chemical Group 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 Zenith Chemical Group (HKSE:00362) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 4007, 40th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Zenith Chemical Group Ltd is an investment holding company which is engaged in the generation and supply of heat and power. The company's operating segments are Heat and power, Chemical products for agriculture, Calcium carbide, and Construction services. It generates maximum revenue from the Calcium carbide segment. The Calcium carbide segment is engaged in manufacture and sale of calcium carbide and lime powder. Geographically, it derives revenue from the People's Republic of China.
Executives
Cheung Hung 2101 Beneficial owner
Zhong Kuang Lian He Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Chiau Che Kong 2101 Beneficial owner
Tang Yiduan 2101 Beneficial owner
Chin Chun Hin 2101 Beneficial owner
Chan Yuen Tung 2101 Beneficial owner
Cheng Ka Kui Arnold 2101 Beneficial owner
Cha Jung Hoon 2101 Beneficial owner
Sze Ching Lau

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