Shanghai Construction Group Co (SHSE:600170) Interest Expense : ¥474 Mil (TTM As of Mar. 2024)

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What is Shanghai Construction Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Construction Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -726 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥474 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. Shanghai Construction Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 816 Mil. Shanghai Construction Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -726 Mil. Shanghai Construction Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.12. 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.

Shanghai Construction Group Co Interest Expense Historical Data

The historical data trend for Shanghai Construction Group 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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Shanghai Construction Group Co Interest Expense Chart

Shanghai Construction Group Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-2,100.90

-2,311.10

-3,068.27

-3,466.14

422.52

Shanghai Construction Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-776.97	-706.18	-818.97	2,724.65	-725.97

Shanghai Construction Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥474 Mil.

Shanghai Construction Group Co (SHSE:600170) 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.

Shanghai Construction Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-726 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥816 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥66,685 Mil.

Shanghai Construction Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	815.732	/	-725.974
	=	1.12

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

Shanghai Construction Group Co (SHSE:600170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai Construction Group Co Ltd (SHSE:600170) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No.666, Daming Road (E), Shanghai, CHN, 200080

Website

http://www.scg.com.cn

Shanghai Construction Group Co Ltd is a China-based company engaged in the construction, design and project consultation. The company possesses core technologies in the construction of highrise buildings, large bridges, light railways, public culture and sports facilities, large industrial plants, major environment protection projects and others.

Executives

Zhou Jun	senior management
Yin Ke Ding	senior management
Lu Feng	senior management
Wang Zhi Gang	senior management
Chen Xiao Ming	senior management
Xue Yong Shen	senior management
Ye Wei Dong	Directors, senior managers
Cai Guo Qiang	senior management
Xu Jian Dong	senior management
Bian Jia Jun	Director
Gong Jian	senior management
Fang Qing Qiang	Directors, senior managers
Lin Jin Sheng	senior management
Tang Wei	senior management
Zhu Zhong Ming	senior management

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