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China Resources Microelectronics (SHSE:688396) Interest Expense : ¥-66 Mil (TTM As of Mar. 2024)


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What is China Resources Microelectronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Resources Microelectronics's interest expense for the three months ended in Mar. 2024 was ¥ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-66 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 Resources Microelectronics's Operating Income for the three months ended in Mar. 2024 was ¥ 115 Mil. China Resources Microelectronics's Interest Expense for the three months ended in Mar. 2024 was ¥ -15 Mil. China Resources Microelectronics's Interest Coverage for the quarter that ended in Mar. 2024 was 7.69. 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 Resources Microelectronics Interest Expense Historical Data

The historical data trend for China Resources Microelectronics'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.

China Resources Microelectronics Interest Expense Chart

China Resources Microelectronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -44.97 -40.68 -27.73 -32.41 -66.04

China Resources Microelectronics 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 -15.44 -15.58 -21.93 -13.09 -15.01

China Resources Microelectronics 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 ¥-66 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.

China Resources Microelectronics  (SHSE:688396) 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.

China Resources Microelectronics's Interest Expense for the three months ended in Mar. 2024 was ¥-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥115 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥73 Mil.

China Resources Microelectronics'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*115.451/-15.014
=7.69

* 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.

China Resources Microelectronics (SHSE:688396) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Resources Microelectronics Ltd (SHSE:688396) » Definitions » Interest Expense
Comparable Companies
SHSE:603986 SHSE:600703 SZSE:002049 SHSE:688008 SZSE:300782 SHSE:600584 SHSE:688256 SZSE:300661 SZSE:300474 SHSE:688469 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No. 14, Liangxi Road, Jiangsu Province, Wuxi, CHN, 214061
Website
https://www.crmicro.com
China Resources Microelectronics Ltd is engaged in the design, production, and sales of power semiconductors, smart sensors, and smart control products, as well as provides manufacturing services such as open wafer manufacturing, packaging, and testing. The company's product portfolio includes power components, MOSFET, IGBT, BJT and DIODES, Power IC, Power modules, Smart sensors, and intelligent controls.
Executives
Zhang Sen Core technical personnel
You Yong Core technical personnel
Wu Quan Qing Core technical personnel
Luo Xian Cai Core technical personnel
Ding Dong Min Core technical personnel
Duan Jun senior management
Li Hong Directors, senior managers, core technical personn
Wu Jian Zhong Core technical personnel
Xia Zhang Feng Core technical personnel
Ma Wei Qing Senior management, core technical personnel
Zhuang Heng Qian senior management
Chun Yu Jiang Min Core technical personnel
Wu Guo Yi Directors, senior managers
Zheng Chen Yan Core technical personnel
Li Ge senior management

China Resources Microelectronics (SHSE:688396) Headlines

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