Sinomine Resource Group Co (SZSE:002738) Interest Expense : ¥-116 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Sinomine Resource Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinomine Resource Group 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 ¥-116 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. Sinomine Resource Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 353 Mil. Sinomine Resource Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -34 Mil. Sinomine Resource Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 10.35. 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.

Sinomine Resource Group Co Interest Expense Historical Data

The historical data trend for Sinomine Resource 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.

Sinomine Resource Group Co Interest Expense Chart

Sinomine Resource Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-49.26

-66.67

-38.01

-66.54

-101.10

Sinomine Resource 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															-19.66	-22.62	-11.67	-47.15	-34.11

Sinomine Resource 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 ¥-116 Mil.

Sinomine Resource Group Co (SZSE:002738) 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.

Sinomine Resource Group 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 ¥353 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥477 Mil.

Sinomine Resource 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	*	352.958	/	-34.114
	=	10.35

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

Sinomine Resource Group Co (SZSE:002738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sinomine Resource Group Co Ltd (SZSE:002738) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

11 Changchunqiao Road, Floor 5, Building A, Wanliuyicheng Plaza, Haidian District, Beijing, CHN, 100089

Website

http://www.nfmec.com

Sinomine Resource Group Co Ltd is a mineral exploration engineering technical service company. Its business is divided into various divisions such as Geological Exploration, Mining Investment, International Engineering, and Trading Business. Some of its project profile include Open Pit in Hopewell Chromite Project in Zimbabe, Caofeidian Project of Shougang Group, Sutong Bridge Large Diameter Pile Foundation Project, Backfill Station of Main Orebody of Chambishi Copper Mine Construction Project, and others.

Executives

Zhang Jin Wei	Directors, Directors, and Executives
Wang Zhen Hua	Executives
Jiang Yan Long	Executives
Zhang Xue Shu	Executives
Wang Ping Wei	Directors, executives
Sun Mei Chun	Director
Wei Yun Feng	Director
Wang Fang Miao	Director
Ou Xue Gang	Director
Xiao Xiao Xia	Directors, executives
Huang Ren Jing	Securities Affairs Representative
Chen Hai Zhou	Director
Liu Xin Guo	Director
Lin Fen	Supervisors
Fu Chao Yi	Executives

Sinomine Resource Group Co (SZSE:002738) Headlines

No Headlines