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Grand Baoxin Auto Group (HKSE:01293) Interest Expense : HK$-582 Mil (TTM As of Dec. 2023)


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What is Grand Baoxin Auto Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grand Baoxin Auto Group's interest expense for the six months ended in Dec. 2023 was HK$ -259 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-582 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. Grand Baoxin Auto Group's Operating Income for the six months ended in Dec. 2023 was HK$ -519 Mil. Grand Baoxin Auto Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -259 Mil. Grand Baoxin Auto 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.


Grand Baoxin Auto Group Interest Expense Historical Data

The historical data trend for Grand Baoxin Auto 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.

Grand Baoxin Auto Group Interest Expense Chart

Grand Baoxin Auto Group 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 -825.98 -721.95 -732.24 -577.95 -582.39

Grand Baoxin Auto 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 -363.82 -309.20 -283.39 -323.25 -259.14

Grand Baoxin Auto 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$-582 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.


Grand Baoxin Auto Group  (HKSE:01293) 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.

Grand Baoxin Auto Group's Interest Expense for the six months ended in Dec. 2023 was HK$-259 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-519 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,579 Mil.

Grand Baoxin Auto Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Grand Baoxin Auto 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.


Grand Baoxin Auto Group (HKSE:01293) Business Description

Traded in Other Exchanges
Address
No. 3998 Hongxin Road, Grand Baoxin Building, Minhang District, Shanghai, CHN
Grand Baoxin Auto Group Ltd is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. It has only one reportable segment being the Sale of Motor Vehicles and the Provision of Related Services. The company offers a full range of integrated services, providing a range of services including new car sales, after-sales maintenance, auto beauty modification, used car sales, auto insurance business, auto parts sales, and other automotive-related product sales. The company's car brand portfolio comprises of Audi, Jaguar Land Rover, Volvo, Cadillac, Chrysler, Alfa Romeo, Porsche, Rolls Royce, and others. The company operates in Mainland China.
Executives
Sun Guangxin 2201 Interest of corporation controlled by you
Xin Jiang Guang Hui Shi Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Xiang Gang You Xian Gong Si 2101 Beneficial owner
Guang Hui Qi Che Fu Wu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Ji Tuan Gu Fen Gong Si Guang Hui Qi Che Fu Wu Gu Fen Gong Si 2201 Interest of corporation controlled by you
Shang Hai Hui Yong Qi Che Xiao Shou You Xian Gong Si 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
M Asia Holding Limited 2201 Interest of corporation controlled by you
Yang Chu Yu 2307 Founder of a discretionary trust who can infl
Extensive Success Holding Limited 2201 Interest of corporation controlled by you
Yang Aihua 2307 Founder of a discretionary trust who can infl
Baoxin Investment Management Ltd. 2101 Beneficial owner

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