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China Evergrande New Energy Vehicle Group (HKSE:00708) Interest Expense : HK$-2,101 Mil (TTM As of Dec. 2023)


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What is China Evergrande New Energy Vehicle Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Evergrande New Energy Vehicle Group's interest expense for the six months ended in Dec. 2023 was HK$ -1,046 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-2,101 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 Evergrande New Energy Vehicle Group's Operating Income for the six months ended in Dec. 2023 was HK$ -2,729 Mil. China Evergrande New Energy Vehicle Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -1,046 Mil. China Evergrande New Energy Vehicle 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 Evergrande New Energy Vehicle Group Interest Expense Historical Data

The historical data trend for China Evergrande New Energy Vehicle 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 Evergrande New Energy Vehicle Group Interest Expense Chart

China Evergrande New Energy Vehicle Group Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,641.22 -3,368.39 -2,216.32 -1,374.59 -2,101.45

China Evergrande New Energy Vehicle Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 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 -930.92 -1,080.02 -345.69 -1,055.43 -1,046.02

China Evergrande New Energy Vehicle 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$-2,101 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 Evergrande New Energy Vehicle Group  (HKSE:00708) 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 Evergrande New Energy Vehicle Group's Interest Expense for the six months ended in Dec. 2023 was HK$-1,046 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-2,729 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$13,697 Mil.

China Evergrande New Energy Vehicle Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

China Evergrande New Energy Vehicle 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 Evergrande New Energy Vehicle Group (HKSE:00708) Business Description

Traded in Other Exchanges
Address
No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.
Executives
China Evergrande Group 2201 Interest of corporation controlled by you
Hui Ka Yan 2201 Interest of corporation controlled by you
Xin Xin (bvi) Limited 2201 Interest of corporation controlled by you
Muse Limited 2201 Interest of corporation controlled by you
Nwtn Inc. 2101 Beneficial owner
Wu Nan 2201 Interest of corporation controlled by you
Ding Yu Mei 2201 Interest of corporation controlled by you

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