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Shengyi Technology Co (SHSE:600183) Interest Expense : ¥-150 Mil (TTM As of Mar. 2024)


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What is Shengyi Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shengyi Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-150 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. Shengyi Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 479 Mil. Shengyi Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -32 Mil. Shengyi Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 14.81. 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.

Shengyi Technology Co Interest Expense Historical Data

The historical data trend for Shengyi Technology 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.

Shengyi Technology Co Interest Expense Chart

Shengyi Technology 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 -147.59 -121.47 -134.60 -168.36 -160.42

Shengyi Technology 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 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 -42.81 -39.87 -44.35 -33.39 -32.36

Shengyi Technology 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 ¥-150 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.

Shengyi Technology Co  (SHSE:600183) 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.

Shengyi Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥479 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥848 Mil.

Shengyi Technology 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*479.454/-32.363
=14.81

* 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.

Shengyi Technology Co (SHSE:600183) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shengyi Technology Co Ltd (SHSE:600183) » Definitions » Interest Expense
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SZSE:002916 SZSE:300408 SHSE:688728 SZSE:002600 SHSE:601231 SZSE:002463 SHSE:688538 SHSE:688375 SZSE:002384 SZSE:002938 APH TPE:2317 TEL TSE:6981 SZSE:002475 GLW TPE:2308 SZSE:000725 XKRX:006400 TSE:6762
Traded in Other Exchanges
N/A
Address
Mo.411, Guansui Avenue, Guangdong Province, Dongguan, CHN
Website
http://www.syst.com.cn
Shengyi Technology Co Ltd is a China-based copper clad laminate company. Some of the products manufactured by the company are FR-4, CEM-1, CEM-3 and Prepreg. Its products are mainly used for making the single side, double-sided and multilayer printed circuits boards. The company sells its products in China and also exports to international countries like the United States, Europe, Singapore, Malaysia, and South Korea.
Executives
Ceng Yao De senior management
He Zi Qiang senior management
Chen Ren Xi Directors, senior managers
Liu Shu Feng Director
Tang Fu Yun senior management
Dong Xiao Jun senior management
Luo Li Yu Supervisors
Chen Shao Ting Supervisors
Wen Shi Long senior management
Zhou Jia Lin Supervisors
Su Xiao Sheng senior management
Ceng Yu Director
Huang Tie Ming Director
Luo Gui Ming Supervisors
Huang Xiao Juan Director

Shengyi Technology Co (SHSE:600183) Headlines

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