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Shanghai Zijiang Enterprise Group Co (SHSE:600210) Interest Expense : ¥-100 Mil (TTM As of Mar. 2024)


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What is Shanghai Zijiang Enterprise Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Zijiang Enterprise Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-100 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 Zijiang Enterprise Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 214 Mil. Shanghai Zijiang Enterprise Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Shanghai Zijiang Enterprise Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.37. 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 Zijiang Enterprise Group Co Interest Expense Historical Data

The historical data trend for Shanghai Zijiang Enterprise 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.

* Premium members only.

Shanghai Zijiang Enterprise Group Co Interest Expense Chart

Shanghai Zijiang Enterprise Group 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 -169.49 -141.68 -130.88 -123.86 -103.57

Shanghai Zijiang Enterprise 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 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 -28.88 -25.19 -25.34 -24.16 -25.58

Shanghai Zijiang Enterprise 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 ¥-100 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.

Shanghai Zijiang Enterprise Group Co  (SHSE:600210) 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.

Shanghai Zijiang Enterprise Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥214 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,005 Mil.

Shanghai Zijiang Enterprise 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*214.135/-25.578
=8.37

* 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.

Shanghai Zijiang Enterprise Group Co (SHSE:600210) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shanghai Zijiang Enterprise Group Co Ltd (SHSE:600210) » Definitions » Interest Expense
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SZSE:301004 SZSE:301559 SZSE:002243 SHSE:601515 SZSE:002585 SZSE:002191 SHSE:601968 SZSE:002014 SZSE:002752 SZSE:002701 BALL AVY PKG IP AMCR WRK DUB:SK3 CCK TSX:CCL.A GPK
Traded in Other Exchanges
N/A
Address
No. 618 Shenfu Road, Xinzhuang Industrial Zone, Shanghai, CHN, 200336
Website
http://www.zijiangqy.com
Shanghai Zijiang Enterprise Group Co Ltd engages in the manufacture of packaging and printing materials as well as real estate in China. Its products include container packaging, caps and labels, crown caps, plastic labels, BOPET film, and CPP film.
Executives
Shen Wen Director
Guo Feng Director
Lu Wei Da Director

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