China Power International Development (HKSE:02380) Interest Expense : HK$-4,642 Mil (TTM As of Dec. 2023)

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What is China Power International Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Power International Development's interest expense for the six months ended in Dec. 2023 was HK$ -2,514 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-4,642 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 Power International Development's Operating Income for the six months ended in Dec. 2023 was HK$ 4,892 Mil. China Power International Development's Interest Expense for the six months ended in Dec. 2023 was HK$ -2,514 Mil. China Power International Development's Interest Coverage for the quarter that ended in Dec. 2023 was 1.95. 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.

China Power International Development Interest Expense Historical Data

The historical data trend for China Power International Development'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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China Power International Development Interest Expense Chart

China Power International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3,450.38

-4,021.53

-4,781.23

-4,766.18

-4,641.71

China Power International Development Semi-Annual Data
	Jun14	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															-2,342.55	-2,533.26	-2,352.82	-2,127.35	-2,514.36

China Power International Development 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$-4,642 Mil.

China Power International Development (HKSE:02380) 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 Power International Development's Interest Expense for the six months ended in Dec. 2023 was HK$-2,514 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$4,892 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$143,118 Mil.

China Power International Development'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	*	4892.113	/	-2514.362
	=	1.95

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Power International Development Ltd interest coverage is 2, which is low.

China Power International Development (HKSE:02380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Power International Development Ltd (HKSE:02380) » Definitions » Interest Expense

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HPD:Germany

Address

18 Harbour Road, Central Plaza, Suite 6301, 63th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinapower.hk

China Power International Development Ltd is an integrated energy group that owns coal-fired power, hydropower, nuclear power, and renewable energy resources in the PRC. The company has expanded its business into the areas of hydropower, wind power, photovoltaic power, natural gas power, energy storage, green power transportation, and integrated energy services through continuous development. The Group recognizes revenue from sales of electricity to regional and provincial power grid companies and the provision of power generation and subcontracting services.

Executives

Zhong Guo Zhong Xin Jin Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2101 Beneficial owner
Guo Jia Dian Li Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
China Power International Holding Limited	2201 Interest of corporation controlled by you
China Power New Energy Limited	2201 Interest of corporation controlled by you
China Power Development Limited

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