China Gas Industry Investment Holdings Co (HKSE:01940) Interest Expense : HK$-28 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is China Gas Industry Investment Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Gas Industry Investment Holdings Co's interest expense for the six months ended in Dec. 2023 was HK$ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-28 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 Gas Industry Investment Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$ 106 Mil. China Gas Industry Investment Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -12 Mil. China Gas Industry Investment Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 8.46. 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 Gas Industry Investment Holdings Co Interest Expense Historical Data

The historical data trend for China Gas Industry Investment Holdings Co'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 Gas Industry Investment Holdings Co Interest Expense Chart

China Gas Industry Investment Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-22.00

-28.36

-36.54

-30.66

-28.05

China Gas Industry Investment Holdings Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial							-19.00	-16.09	-15.33	-15.57	-12.48

China Gas Industry Investment Holdings Co 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$-28 Mil.

China Gas Industry Investment Holdings Co (HKSE:01940) 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.

China Gas Industry Investment Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-12 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$106 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$272 Mil.

China Gas Industry Investment Holdings Co'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	*	105.582	/	-12.479
	=	8.46

The higher the ratio, the stronger the company's financial strength is.

China Gas Industry Investment Holdings Co (HKSE:01940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Industry Investment Holdings Co Ltd (HKSE:01940) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Binhe Road, Lubei District, Hebei Province, Tangshan, CHN

Website

https://www.cgiiholdings.com

China Gas Industry Investment Holdings Co Ltd is an industrial gas supplier in the Jing-Jin-Ji Region. It is focused on the supply of pipeline industrial gas and liquefied industrial gas and also operates an LNG-related business which includes the supply of LNG and provision of gas transmission service relatively small scale. The company produces and supplies liquefied industrial gas to offsite independent end-user customers. Its segments include the Supply of industrial gas; Liquefied natural gas (LNG) and gas transmission service.

Executives

Hong Kong Kaiyuan Import & Export Co., Limited	2101 Beneficial owner
Temasek Holdings (private) Limited
Shang Hai Hui Tang Zhi He Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
He Gang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
He Gang Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Han Dan Gang Tie Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Huitang Zhihe (hong Kong) Co., Limited	2101 Beneficial owner
Thomson Capital Pte. Ltd.
Tembusu Capital Pte. Ltd.
Anderson Investments Pte. Ltd.
Springleaf Investments Pte. Ltd.
Huang He Investment Limited	2201 Interest of corporation controlled by you
Citp Gp I Ltd	2201 Interest of corporation controlled by you
China Infrastructure Partners, L.p.	2201 Interest of corporation controlled by you
China Gas Investors Ltd.	2101 Beneficial owner

China Gas Industry Investment Holdings Co (HKSE:01940) Headlines

No Headlines