Poly Property Services Co (HKSE:06049) Interest Expense : HK$-5 Mil (TTM As of Dec. 2023)

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What is Poly Property Services Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poly Property Services Co's interest expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-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. Poly Property Services Co's Operating Income for the six months ended in Dec. 2023 was HK$ 823 Mil. Poly Property Services Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Poly Property Services Co's Interest Coverage for the quarter that ended in Dec. 2023 was 324.70. 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.

Poly Property Services Co Interest Expense Historical Data

The historical data trend for Poly Property Services 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.

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Poly Property Services Co Interest Expense Chart

Poly Property Services Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.00

-5.70

-12.93

-5.17

-5.13

Poly Property Services Co 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									-6.41	-2.72	-2.58	-2.60	-2.53

Poly Property Services 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$-5 Mil.

Poly Property Services Co (HKSE:06049) 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.

Poly Property Services Co's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$823 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$75 Mil.

Poly Property Services 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	*	822.797	/	-2.534
	=	324.70

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Poly Property Services Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Poly Property Services Co (HKSE:06049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Services Co Ltd (HKSE:06049) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN

Website

https://www.polywuye.com

Originally listed on the NEEQ and re-listed on the Hong Kong Exchange on April 2019, Poly Property Services, or PPS, is a major property management services, or PMS, company headquartered in Guangzhou, China, established since 1996 with a nationwide coverage. PPS is differentiated by its SOE background with 72% ownership by property developer Poly Developments and Holdings, or PDH, which is in turn part of ultimate controlling shareholder China Poly Group, a state-owned conglomerate. Aside from a highly scalable GFA under management, or GUM, driven by PDH's property development scale, the SOE status also enables PPS to be a leading provider of PMS for the management of public properties.

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