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Houpu Clean Energy Group Co (SZSE:300471) Interest Expense : ¥-16.3 Mil (TTM As of Mar. 2024)


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What is Houpu Clean Energy Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Houpu Clean Energy Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -3.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-16.3 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. Houpu Clean Energy Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ -21.9 Mil. Houpu Clean Energy Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -3.3 Mil. Houpu Clean Energy Group Co did not have earnings to cover the interest expense. 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.


Houpu Clean Energy Group Co Interest Expense Historical Data

The historical data trend for Houpu Clean Energy 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.

Houpu Clean Energy Group Co Interest Expense Chart

Houpu Clean Energy Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.73 -10.72 -15.39 -17.74 -17.36

Houpu Clean Energy 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 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 -4.37 -4.59 -4.15 -4.26 -3.26

Houpu Clean Energy 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 ¥-16.3 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.


Houpu Clean Energy Group Co  (SZSE:300471) 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.

Houpu Clean Energy Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-3.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-21.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥58.5 Mil.

Houpu Clean Energy Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Houpu Clean Energy Group Co did not have earnings to cover the interest expense.

* 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.


Houpu Clean Energy Group Co (SZSE:300471) Business Description

Traded in Other Exchanges
N/A
Address
No. 599, Century City South Road, No. 3, Building 11, Building 6, High-tech Zone, Sichuan, Chengdu, CHN, 611731
Houpu Clean Energy Group Co Ltd is a clean energy solution provider. Its operates in five five business segments: high-end equipment integration for clean energy applications; operation and supervision platform based on Internet+, cloud computing, big data analysis; CRM-based, PLM-based Site operation and maintenance services; energy and chemical engineering consulting, survey, design, construction, installation, project management; clean energy equipment core components R & D (research and development) and manufacturing. Its product offerings include compressor control cabinet, gas supply system, barge LNG filling station, hydrogen station control system, hydrogenation machine, among others.
Executives
Wang Ji Wen Directors, executives
Yu Xin Supervisors
Hu Guan Ling Secretary Dong
Guo Zhi Cheng Executives
Zhong Xiao Directors, executives
Wu Jun Supervisors
Huang Ling Executives
Jiang Tao Directors, executives
Xiao Bin Executives
Huang Tai Gang Executives
Xia Cang Lan Executives
Li Fan Director
Wei Dai Qiang Directors, executives

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