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Luyuan Group Holding (Cayman) (HKSE:02451) Interest Expense : HK$-24 Mil (TTM As of Dec. 2023)


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What is Luyuan Group Holding (Cayman) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luyuan Group Holding (Cayman)'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$-24 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. Luyuan Group Holding (Cayman)'s Operating Income for the six months ended in Dec. 2023 was HK$ 133 Mil. Luyuan Group Holding (Cayman)'s Interest Expense for the six months ended in Dec. 2023 was HK$ -24 Mil. Luyuan Group Holding (Cayman)'s Interest Coverage for the quarter that ended in Dec. 2023 was 5.54. 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.

Luyuan Group Holding (Cayman) Interest Expense Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Interest Expense Chart

Luyuan Group Holding (Cayman) Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-8.19 -18.84 -27.66 -24.05

Luyuan Group Holding (Cayman) Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Expense -8.19 -18.84 -27.66 -24.05

Luyuan Group Holding (Cayman) Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-24 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.

Luyuan Group Holding (Cayman)  (HKSE:02451) 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.

Luyuan Group Holding (Cayman)'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$133 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$527 Mil.

Luyuan Group Holding (Cayman)'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*133.102/-24.046
=5.54

* 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.

Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Interest Expense
Comparable Companies
HKSE:01122 TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F GM NSE:MARUTI LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS SHSE:600104 XKRX:000270 NSE:M&M
Traded in Other Exchanges
N/A
Address
No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN
Website
https://www.luyuan.cn
Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.
Executives
Dingman David Ross 2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited 2101 Beneficial owner
Shipston Evl Holdings Limited 2201 Interest of corporation controlled by you
Shipston Group Limited 2201 Interest of corporation controlled by you
Stonor Group Limited 2201 Interest of corporation controlled by you
Dingman David Ross 2201 Interest of corporation controlled by you
Hu Jihong 2201 Interest of corporation controlled by you
Ni Jie 2201 Interest of corporation controlled by you
Apex Marine Investments Limited 2101 Beneficial owner
Drago Investments Limited 2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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