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Richly Field China Development (HKSE:00313) Interest Expense : HK$-27.73 Mil (TTM As of Sep. 2023)


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What is Richly Field China Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Richly Field China Development's interest expense for the six months ended in Sep. 2023 was HK$ -1.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-27.73 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. Richly Field China Development's Operating Income for the six months ended in Sep. 2023 was HK$ -22.15 Mil. Richly Field China Development's Interest Expense for the six months ended in Sep. 2023 was HK$ -1.16 Mil. Richly Field China Development 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.


Richly Field China Development Interest Expense Historical Data

The historical data trend for Richly Field China Development'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.

Richly Field China Development Interest Expense Chart

Richly Field China Development Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -138.00 -113.91 -260.00 -332.83 -51.94

Richly Field China Development Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -119.69 -213.14 -25.38 -26.56 -1.16

Richly Field China Development 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-27.73 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.


Richly Field China Development  (HKSE:00313) 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.

Richly Field China Development's Interest Expense for the six months ended in Sep. 2023 was HK$-1.16 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-22.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$0.25 Mil.

Richly Field China Development's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Richly Field China Development 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.


Richly Field China Development (HKSE:00313) Business Description

Traded in Other Exchanges
N/A
Address
No. 223 Hing Fong Road, Unit 1504, 15th Floor, Tower 2, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG
Richly Field China Development Ltd is an investment holding company. The group is principally engaged in outlets commercial operation and development and operation of featured commercial properties (such as tourism property, senior care property and wine chateaus), development of high-end residential properties as well as property management. The group's revenue is derived from its property development and investment projects in Changsha, Hunan Province (Changsha Project), Qinhuangdao of Hebei Province (Qinhuangdao Project) and Ningxia, Yinchuan City (Ningxia Project) in the PRC.
Executives
Galaxy Sharp Investment Holdings Limited 2201 Interest of corporation controlled by you
Sino Dynamics Investments Limited 2201 Interest of corporation controlled by you
Wu Peipei 2201 Interest of corporation controlled by you
Wang Hua 2201 Interest of corporation controlled by you
Zhen Xuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Du Wei 2201 Interest of corporation controlled by you
Quan Li Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jia Yue You Xian Gong Si 2101 Beneficial owner
Mei De Qi Ye You Xian Gong Si 2201 Interest of corporation controlled by you

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