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South China Holdings Co (HKSE:00413) Interest Expense : HK$-267 Mil (TTM As of Dec. 2023)


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What is South China Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South China Holdings Co's interest expense for the six months ended in Dec. 2023 was HK$ -128 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-267 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. South China Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$ 174 Mil. South China Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -128 Mil. South China Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.35. 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.


South China Holdings Co Interest Expense Historical Data

The historical data trend for South China Holdings Co'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.

South China Holdings Co Interest Expense Chart

South China Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -204.07 -192.95 -169.63 -205.25 -266.75

South China Holdings Co 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 -86.95 -88.64 -116.61 -138.27 -128.48

South China Holdings Co 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$-267 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.


South China Holdings Co  (HKSE:00413) 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.

South China Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-128 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$174 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,979 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*173.762/-128.476
=1.35

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. South China Holdings Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


South China Holdings Co (HKSE:00413) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.
Executives
Ng Hung Sang 2101 Beneficial owner
Ng Lai King Pamela 2202 Interest of your spouse
Earntrade Investments Limited 2101 Beneficial owner

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