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China Resources Building Materials Technology Holdings (HKSE:01313) Interest Expense : HK$-431 Mil (TTM As of Dec. 2023)


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What is China Resources Building Materials Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Resources Building Materials Technology Holdings's interest expense for the three months ended in Dec. 2023 was HK$ -135 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-431 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 Resources Building Materials Technology Holdings's Operating Income for the three months ended in Dec. 2023 was HK$ 564 Mil. China Resources Building Materials Technology Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$ -135 Mil. China Resources Building Materials Technology Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 4.17. 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 Resources Building Materials Technology Holdings Interest Expense Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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 Resources Building Materials Technology Holdings Interest Expense Chart

China Resources Building Materials Technology Holdings 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 -453.47 -273.64 -231.90 -336.40 -586.06

China Resources Building Materials Technology Holdings Quarterly Data
Sep16 Dec16 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 -109.84 - -146.56 -135.33 -148.87

China Resources Building Materials Technology Holdings 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 quarterly data reported by the company within the most recent 12 months, which was HK$-431 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 Resources Building Materials Technology Holdings  (HKSE:01313) 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 Resources Building Materials Technology Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-135 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$564 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$15,319 Mil.

China Resources Building Materials Technology Holdings'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*564.424/-135.333
=4.17

* 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 Resources Building Materials Technology Holdings (HKSE:01313) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.
Executives
China Resources Company Limited (formerly Known As China Resources National Corporation)

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