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China Best Group Holding (HKSE:00370) Interest Expense : HK$-31.2 Mil (TTM As of Sep. 2023)


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What is China Best Group Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Best Group Holding's interest expense for the six months ended in Sep. 2023 was HK$ -15.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-31.2 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. China Best Group Holding's Operating Income for the six months ended in Sep. 2023 was HK$ -25.9 Mil. China Best Group Holding's Interest Expense for the six months ended in Sep. 2023 was HK$ -15.5 Mil. China Best Group Holding 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.


China Best Group Holding Interest Expense Historical Data

The historical data trend for China Best Group Holding'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.

China Best Group Holding Interest Expense Chart

China Best Group Holding Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -3.81 -37.36 -36.45

China Best Group Holding Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 -18.83 -18.53 -20.75 -15.70 -15.49

China Best Group Holding 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$-31.2 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.


China Best Group Holding  (HKSE:00370) 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.

China Best Group Holding's Interest Expense for the six months ended in Sep. 2023 was HK$-15.5 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-25.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$7.0 Mil.

China Best Group Holding's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

China Best Group Holding 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.


China Best Group Holding (HKSE:00370) Business Description

Traded in Other Exchanges
Address
The Gateway, Harbour City, Suite 1901-2 & 14, 19th Floor, Tower 6, Kowloon, Hong Kong, HKG
China Best Group Holding Ltd is a China-based company having various business segments. Trading of goods including radio systems and electronic appliances which is the key revenue driver; Finance leasing of plant and machinery; Money lending; Securities and futures brokerage segment engages in securities and futures dealing services in Hong Kong; International air and sea freight forwarding and logistic services to customers in Singapore and the USA; Securities trading of equity securities and dividend income from held for trading investments; Property investment for rental income and capital appreciation in PRC; Building architecture and interior design services; Property brokerage and agency service,Geothermal energy, Customised technical support segment and Centralised heating segment.
Executives
Ping Pacific Limited 2101 Beneficial owner
Yeung Yat Ping 2101 Beneficial owner
South Leader Limited 2101 Beneficial owner
Li Meng Zhe 2101 Beneficial owner
Max Kensho Capital Group Limited 2101 Beneficial owner
Sunbow Int'l Enterprise Limited 2101 Beneficial owner
Wang Baoning 2101 Beneficial owner
Li Meng Zhe 2201 Interest of corporation controlled by you
Wang Yicheng 2201 Interest of corporation controlled by you

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