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China Art Financial Holdings (HKSE:01572) Interest Expense : HK$0.00 Mil (TTM As of Dec. 2023)


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What is China Art Financial Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Art Financial Holdings's interest expense for the six months ended in Dec. 2023 was HK$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.00 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 Art Financial Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 19.17 Mil. China Art Financial Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ 0.00 Mil. GuruFocus does not calculate China Art Financial Holdings's interest coverage with the available data. 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 Art Financial Holdings Interest Expense Historical Data

The historical data trend for China Art Financial 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 Art Financial Holdings Interest Expense Chart

China Art Financial 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 -0.40 -0.26 -0.22 -0.14 -0.04

China Art Financial Holdings Semi-Annual Data
Dec13 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 -0.16 -0.11 -0.04 - -

China Art Financial 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 semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 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 Art Financial Holdings  (HKSE:01572) 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 Art Financial Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$19.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.51 Mil.

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

GuruFocus does not calculate China Art Financial Holdings's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Art Financial Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


China Art Financial Holdings (HKSE:01572) Business Description

Traded in Other Exchanges
Address
63 Jingyi South Road, Yicheng Street, Jiangsu Province, Yixing City, CHN
China Art Financial Holdings Ltd is an art finance service provider in China. It is engaged in operating art financing channels. The operating business segments of the company are Art and asset pawn business; Art and asset auction business, and Art and asset sales business. The company auctions products like Zisha artwork, Calligraphies and paintings, Jewel artwork, and others. Geographically, the company has a business presence in China and Hong Kong, of which a majority of the revenue is derived from China. The group's revenue is principally derived from PRC.
Executives
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Win Win Stable No.5 Fund Sp 2106 Person having a security interest in shares
Xu Min 2103 Interests held jointly with another person
Zhou Jianyuan 2202 Interest of your spouse
Zhang Xiaoxing 2202 Interest of your spouse
Yubo Investment Co. Ltd 2201 Interest of corporation controlled by you
Xu Zhongliang 2202 Interest of your spouse
Fan Qinzhi 2103 Interests held jointly with another person
Wu Jian 2103 Interests held jointly with another person
Wang Jiansong 2201 Interest of corporation controlled by you
Mauve Jade Investment Limited 2201 Interest of corporation controlled by you
Intelligenesis Investment Co., Ltd 2101 Beneficial owner
Golden Sand Investment Company Limited 2201 Interest of corporation controlled by you

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