China High Speed Transmission Equipment Group Co (HKSE:00658) Interest Expense : HK$-835 Mil (TTM As of Dec. 2023)

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What is China High Speed Transmission Equipment Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China High Speed Transmission Equipment Group Co's interest expense for the six months ended in Dec. 2023 was HK$ -402 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-835 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 High Speed Transmission Equipment Group Co's Operating Income for the six months ended in Dec. 2023 was HK$ 797 Mil. China High Speed Transmission Equipment Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -402 Mil. China High Speed Transmission Equipment Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.98. 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 High Speed Transmission Equipment Group Co Interest Expense Historical Data

The historical data trend for China High Speed Transmission Equipment Group 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.

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China High Speed Transmission Equipment Group Co Interest Expense Chart

China High Speed Transmission Equipment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-567.53

-335.32

-285.91

-657.54

-835.17

China High Speed Transmission Equipment Group 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															-119.93	-308.97	-363.20	-433.63	-401.53

China High Speed Transmission Equipment Group 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$-835 Mil.

China High Speed Transmission Equipment Group Co (HKSE:00658) Interest Expense Explanation

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 High Speed Transmission Equipment Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$-402 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$797 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$4,876 Mil.

China High Speed Transmission Equipment Group 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	*	796.985	/	-401.533
	=	1.98

The higher the ratio, the stronger the company's financial strength is.

China High Speed Transmission Equipment Group Co (HKSE:00658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China High Speed Transmission Equipment Group Co Ltd (HKSE:00658) » Definitions » Interest Expense

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CHSTY:USA BGR:Germany

Address

No. 30, Houjiao Road, Jiangning District, Nanjing, CHN

Website

https://www.chste.com

China High Speed Transmission Equipment Group Co Ltd is a China-based company that is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment. Its business portfolio includes Wind Energy Gearboxes; Rail Vehicle Gearboxes; Industrial Gearbox; and Robot Reducers. The company's segment includes Wind and industrial gear transmission equipment; Rail transportation gear transmission equipment segment; Trading business and Others.

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