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JiaChen Holding Group (HKSE:01937) Interest Expense : HK$-3.5 Mil (TTM As of Dec. 2023)


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What is JiaChen Holding Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JiaChen Holding Group's interest expense for the six months ended in Dec. 2023 was HK$ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3.5 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. JiaChen Holding Group's Operating Income for the six months ended in Dec. 2023 was HK$ 11.7 Mil. JiaChen Holding Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -1.6 Mil. JiaChen Holding Group's Interest Coverage for the quarter that ended in Dec. 2023 was 7.15. 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.

JiaChen Holding Group Interest Expense Historical Data

The historical data trend for JiaChen Holding 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.

JiaChen Holding Group Interest Expense Chart

JiaChen Holding Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -7.54 -5.78 -4.15 -3.87 -3.51

JiaChen Holding Group Semi-Annual Data
Dec16 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 -1.99 -2.07 -1.89 -1.87 -1.64

JiaChen Holding 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$-3.5 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.

JiaChen Holding Group  (HKSE:01937) 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.

JiaChen Holding Group's Interest Expense for the six months ended in Dec. 2023 was HK$-1.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$11.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

JiaChen Holding Group'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*11.74/-1.642
=7.15

* 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.

JiaChen Holding Group (HKSE:01937) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » Interest Expense
Comparable Companies
HKSE:00713 HKSE:02115 HKSE:01897 HKSE:08646 HKSE:01653 HKSE:09938 HKSE:01592 HKSE:00145 HKSE:03313 HKSE:08526 TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu, Changzhou, CHN
Website
https://www.jiachencn.com.cn
JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.
Executives
Shen Min 2201 Interest of corporation controlled by you
Zhang Yaying 2202 Interest of your spouse
Global Yunhong Group Limited 2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Liu Hui 2202 Interest of your spouse
Shen Minghui 2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si 2101 Beneficial owner

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