Zhejiangnhua Intelligent Controls Co (SZSE:002050) Interest Expense : ¥-183 Mil (TTM As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Zhejiangnhua Intelligent Controls Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiangnhua Intelligent Controls Co's interest expense for the three months ended in Mar. 2024 was ¥ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-183 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. Zhejiangnhua Intelligent Controls Co's Operating Income for the three months ended in Mar. 2024 was ¥ 882 Mil. Zhejiangnhua Intelligent Controls Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -34 Mil. Zhejiangnhua Intelligent Controls Co's Interest Coverage for the quarter that ended in Mar. 2024 was 25.59. 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.

Zhejiangnhua Intelligent Controls Co Interest Expense Historical Data

The historical data trend for Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls Co Interest Expense Chart

Zhejiangnhua Intelligent Controls Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-54.05

-64.73

-146.89

-233.21

-212.08

Zhejiangnhua Intelligent Controls 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															-63.53	-63.16	-48.14	-37.25	-34.46

Zhejiangnhua Intelligent Controls 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 ¥-183 Mil.

Zhejiangnhua Intelligent Controls Co (SZSE:002050) 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.

Zhejiangnhua Intelligent Controls Co's Interest Expense for the three months ended in Mar. 2024 was ¥-34 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥882 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,119 Mil.

Zhejiangnhua Intelligent Controls 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	*	882.036	/	-34.463
	=	25.59

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

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Sanhua Intelligent Controls Co Ltd (SZSE:002050) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiali Street, Qixing Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.zjshc.com

Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.

Executives

Ni Xiao Ming	Director
Hu Kai Cheng	Secretary Dong
Wang Da Yong	Directors, executives
Yu Ying Kui	Executives
Zhang Ya Bo	Directors, executives
Chen Xiao Ming	Supervisors
Chen Yu Zhong	Directors, executives
Wang Yu Tong	Securities Affairs Representative
Weng Wei Feng	Supervisors
Shi Chu Liang	Director
Liu Fei	Executives
Du An Lin	Executives
Li Wen Xiang	Director
Yu Shu Li	Director

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Headlines

No Headlines