China Wan Tong Yuan (Holdings) (HKSE:06966) Interest Expense : HK$-0.05 Mil (TTM As of Dec. 2023)

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What is China Wan Tong Yuan (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Wan Tong Yuan (Holdings)'s interest expense for the six months ended in Dec. 2023 was HK$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.05 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 Wan Tong Yuan (Holdings)'s Operating Income for the six months ended in Dec. 2023 was HK$ 8.57 Mil. China Wan Tong Yuan (Holdings)'s Interest Expense for the six months ended in Dec. 2023 was HK$ -0.02 Mil. China Wan Tong Yuan (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2023 was 408.24. 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 Wan Tong Yuan (Holdings) Interest Expense Historical Data

The historical data trend for China Wan Tong Yuan (Holdings)'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 Wan Tong Yuan (Holdings) Interest Expense Chart

China Wan Tong Yuan (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.09

-0.03

-0.05

China Wan Tong Yuan (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial											0.90	-0.02	-	-0.03	-0.02

China Wan Tong Yuan (Holdings) 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$-0.05 Mil.

China Wan Tong Yuan (Holdings) (HKSE:06966) 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 Wan Tong Yuan (Holdings)'s Interest Expense for the six months ended in Dec. 2023 was HK$-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$8.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.00 Mil.

China Wan Tong Yuan (Holdings)'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	*	8.573	/	-0.021
	=	408.24

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. China Wan Tong Yuan (Holdings) Ltd has enough cash to cover all of its debt. Its financial situation is stable.

China Wan Tong Yuan (Holdings) (HKSE:06966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » China Wan Tong Yuan (Holdings) Ltd (HKSE:06966) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 48, Louzhuang Road, Langfang Development Area, Hebei, Langfang, CHN

Website

http://www.chinawty.com

China Wan Tong Yuan (Holdings) Ltd is a burial services provider in Langfang, Hebei Province, China. It offers cemetery services under the brand Wan Tong Yuan and burial services, including traditional and artistic burial services. The group's businesses involve the Sales of burial plots; Sales of columbarium units; Provision of other burial-related services; and Provision of cemetery maintenance services. It derives key revenue from the sales of burial plots. The group operates in the PRC.

Executives

Tai Shing International Investment Company Limited	2101 Beneficial owner
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Tmf (cayman) Ltd.	2301 Trustee
Zhao Ying	2307 Founder of a discretionary trust who can infl
Fairich Trading Limited	2101 Beneficial owner
Xing Junying	2101 Beneficial owner
Zhao Ying

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