Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Interest Expense : ¥-100 Mil (TTM As of Mar. 2024)

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What is Shandong Huatai Paper Industry Shareholding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandong Huatai Paper Industry Shareholding 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. Shandong Huatai Paper Industry Shareholding Co's Operating Income for the three months ended in Mar. 2024 was ¥ 135 Mil. Shandong Huatai Paper Industry Shareholding Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Shandong Huatai Paper Industry Shareholding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.30. 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.

Shandong Huatai Paper Industry Shareholding Co Interest Expense Historical Data

The historical data trend for Shandong Huatai Paper Industry Shareholding 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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Shandong Huatai Paper Industry Shareholding Co Interest Expense Chart

Shandong Huatai Paper Industry Shareholding Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-170.34

-137.58

-108.39

-96.93

-98.51

Shandong Huatai Paper Industry Shareholding 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															-24.10	-26.11	-28.19	-20.11	-25.55

Shandong Huatai Paper Industry Shareholding 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.

Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) 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.

Shandong Huatai Paper Industry Shareholding 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 ¥135 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥884 Mil.

Shandong Huatai Paper Industry Shareholding 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	*	135.303	/	-25.552
	=	5.30

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

Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Huatai Paper Industry Shareholding Co Ltd (SHSE:600308) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Dawang Town, Guangrao County, Shandong Province, Dongying, CHN, 257335

Website

http://www.huataipaper.com

Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.

Executives

Sun Ya Jun	senior management
Wei Wen Guang	Director
Chi Yu Xiang	senior management
Li Gang	Director
Li Xiao Liang	Director
Wei Li Jun	Director
Xie Shi Bing	Supervisors
Li Li	Supervisors
Zhu Wan Liang	Director
Zhang Feng Shan	Supervisors
Ren Wen Tao	Supervisors
Li Guo Shun	Director
Chen Guo Ying	senior management
Zhu Yan Ming	Supervisors
Li Jian Hua	Director

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