Fujian Sunner Development Co (SZSE:002299) Interest Expense : ¥-222 Mil (TTM As of Mar. 2024)

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What is Fujian Sunner Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fujian Sunner Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-222 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. Fujian Sunner Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 59 Mil. Fujian Sunner Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -70 Mil. Fujian Sunner Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.85. 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.

Fujian Sunner Development Co Interest Expense Historical Data

The historical data trend for Fujian Sunner Development 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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Fujian Sunner Development Co Interest Expense Chart

Fujian Sunner Development Co Annual Data

Trend

Dec14

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Dec20

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Dec23

Interest Expense

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-160.89

-105.98

-133.87

-181.27

-196.84

Fujian Sunner Development 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															-44.22	-41.07	-53.08	-58.47	-69.62

Fujian Sunner Development 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 ¥-222 Mil.

Fujian Sunner Development Co (SZSE:002299) 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.

Fujian Sunner Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-70 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,347 Mil.

Fujian Sunner Development 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	*	59.004	/	-69.62
	=	0.85

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fujian Sunner Development Co Ltd interest coverage is 4.14, which is low.

Fujian Sunner Development Co (SZSE:002299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujian Sunner Development Co Ltd (SZSE:002299) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Office Building of Shengnong Headquarters, Shilipu, Guangze County, Fujian, Nanping, CHN, 354100

Website

http://www.sunnercn.com

Fujian Sunner Development Co Ltd is a China-based company engaged in the raising and processing of chickens. The main product is frozen chicken for the fast food industry and meat wholesalers. The company is engaged in poultry, fish, and bream farming.

Executives

Fu Guang Ming	Director
Chen Rong	Directors, executives
Lin Qi Qing	Executives
Fu Fen Fang	Directors, executives
Zhou Hong	Director
Fu Xi Ming	Directors, executives
Li Wen Ji	Directors, executives
Chen Jian Hua	Directors, executives, securities affairs represen
Yan Gao Rong	Supervisors
Zhang Yu Xun	Supervisors
Liu Ya Bin	Director
Ye Wei	Supervisors
He Xiu Rong	Director

Fujian Sunner Development Co (SZSE:002299) Headlines

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