Shimao Group Holdings (HKSE:00813) Interest Expense : HK$-7,018 Mil (TTM As of Dec. 2023)

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What is Shimao Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shimao Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -1,911 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-7,018 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. Shimao Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -1,102 Mil. Shimao Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -1,911 Mil. Shimao Group Holdings 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.

Shimao Group Holdings Interest Expense Historical Data

The historical data trend for Shimao Group Holdings'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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Shimao Group Holdings Interest Expense Chart

Shimao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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32.16

-2,742.79

-7,272.16

-7,355.74

-7,017.81

Shimao Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-6,146.57	-6,001.26	-1,638.54	-5,106.88	-1,910.94

Shimao Group Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7,018 Mil.

Shimao Group Holdings (HKSE:00813) 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.

Shimao Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-1,911 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-1,102 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$70,655 Mil.

Shimao Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Shimao Group Holdings did not have earnings to cover the interest expense.

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

Shimao Group Holdings (HKSE:00813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Group Holdings Ltd (HKSE:00813) » Definitions » Interest Expense

Traded in Other Exchanges

SIOPF:USA QHI:Germany

Address

89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG

Website

http://www.shimaogroup.hk

Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. In addition to property development as the core business, the company plans to raise non-development revenue, which includes property investment, hotels and property management services. Shimao holds residential development projects and hotels, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is about 35%, with the company's founder, Hui Wing Mau, holding the remaining stake.

Executives

Gemfair Investments Limited	2101 Beneficial owner
Overseas Investment Group International Limited	2501 Other
Shiying Finance Limited	2101 Beneficial owner
Hui Wing Mau	2201 Interest of corporation controlled by you

Shimao Group Holdings (HKSE:00813) Headlines

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