Yadea Group Holdings (HKSE:01585) Interest Expense : HK$-48 Mil (TTM As of Dec. 2023)

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What is Yadea Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yadea Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-48 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. Yadea Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 1,524 Mil. Yadea Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -24 Mil. Yadea Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 62.95. 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.

Yadea Group Holdings Interest Expense Historical Data

The historical data trend for Yadea Group 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.

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Yadea Group Holdings Interest Expense Chart

Yadea Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.47

-5.39

-18.72

-66.33

-48.39

Yadea Group 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															-9.76	-35.04	-32.95	-24.19	-24.20

Yadea Group 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$-48 Mil.

Yadea Group Holdings (HKSE:01585) 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.

Yadea Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-24 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,524 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$727 Mil.

Yadea Group 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	*	1523.613	/	-24.204
	=	62.95

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. Yadea Group Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Yadea Group Holdings (HKSE:01585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yadea Group Holdings Ltd (HKSE:01585) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, CHN

Website

https://www.yadea.com.cn

Yadea Group Holdings Ltd is an investment holding company. The company and its subsidiaries manufacture and sell electric, two-wheeled vehicles in the People's Republic of China. It is focused on designing, researching, developing, manufacturing and selling electric scooters, electric bicycles, batteries and chargers, and related accessories. The electric two-wheeled vehicles and related accessories segment is mainly engaged in the development, manufacture and sales of electric two-wheeled vehicles and related accessories and the batteries segment is mainly engaged in the production and sales of batteries of the newly acquired Huayu.

Executives

Dai Wei Investment Company Limited	2401 A concert party to an agreement to buy shares
Fang Yuan Investment Company Limited	2101 Beneficial owner
Dong Jinggui	2401 A concert party to an agreement to buy shares
Qian Jinghong	2201 Interest of corporation controlled by you

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