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Nanjing Sinolife United Co (HKSE:03332) Interest Expense : HK$-3.6 Mil (TTM As of Dec. 2023)


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What is Nanjing Sinolife United Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nanjing Sinolife United Co's interest expense for the six months ended in Dec. 2023 was HK$ -1.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3.6 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. Nanjing Sinolife United Co's Operating Income for the six months ended in Dec. 2023 was HK$ 28.5 Mil. Nanjing Sinolife United Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -1.8 Mil. Nanjing Sinolife United Co's Interest Coverage for the quarter that ended in Dec. 2023 was 15.90. 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.


Nanjing Sinolife United Co Interest Expense Historical Data

The historical data trend for Nanjing Sinolife United 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.

Nanjing Sinolife United Co Interest Expense Chart

Nanjing Sinolife United Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.01 -1.51 -0.84 -0.53 -3.59

Nanjing Sinolife United Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.39 -0.30 -0.25 -1.80 -1.79

Nanjing Sinolife United 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$-3.6 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.


Nanjing Sinolife United Co  (HKSE:03332) 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.

Nanjing Sinolife United Co's Interest Expense for the six months ended in Dec. 2023 was HK$-1.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$28.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$33.9 Mil.

Nanjing Sinolife United 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*28.495/-1.792
=15.90

* 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.


Nanjing Sinolife United Co (HKSE:03332) Business Description

Traded in Other Exchanges
N/A
Address
188 Chang Jiang Road, 8th Floor, Deji Building, Block E-2, Xuanwu District, Jiangsu Province, Nanjing, CHN
Nanjing Sinolife United Co Ltd is a China-based company, that engages in the manufacturing and sale of nutritional supplements and packaged health food products in the PRC, Australia, and New Zealand. It is also involved in the sale of packaged health food products and the sale of cosmetics and skin care products. The company's products include Good Health, Zhongsheng, Hejian, and Cobayer. The group has a business presence in the PRC, New Zealand, Australia, Vietnam, and other countries, from which it derives a majority of its revenue from China.
Executives
Gui Pinghu 2101 Beneficial owner
Wu Yanmei 2202 Interest of your spouse
Genwealth Group Holding Company Limited 2201 Interest of corporation controlled by you
Hin Sang Group (international) Holding Co. Ltd. 2101 Beneficial owner
Kwan Lai Man 2201 Interest of corporation controlled by you
Pang Siu Hin 2201 Interest of corporation controlled by you

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