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South Manganese Investment (HKSE:01091) Interest Expense : HK$-204 Mil (TTM As of Dec. 2023)


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What is South Manganese Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. South Manganese Investment's interest expense for the six months ended in Dec. 2023 was HK$ -100 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-204 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. South Manganese Investment's Operating Income for the six months ended in Dec. 2023 was HK$ -31 Mil. South Manganese Investment's Interest Expense for the six months ended in Dec. 2023 was HK$ -100 Mil. South Manganese Investment 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.


South Manganese Investment Interest Expense Historical Data

The historical data trend for South Manganese Investment'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.

South Manganese Investment Interest Expense Chart

South Manganese Investment 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 -215.99 -206.65 -215.27 -198.97 -203.71

South Manganese Investment 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 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 -126.37 -94.55 -104.42 -103.60 -100.11

South Manganese Investment 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$-204 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.


South Manganese Investment  (HKSE:01091) 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.

South Manganese Investment's Interest Expense for the six months ended in Dec. 2023 was HK$-100 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-31 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$958 Mil.

South Manganese Investment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

South Manganese Investment 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.


South Manganese Investment (HKSE:01091) Business Description

Traded in Other Exchanges
Address
95 Queensway, Room A02, 35th Floor, United Centre, Admiralty, Hong Kong, HKG
South Manganese Investment Ltd is a mining company that is engaged in manganese mining and ore processing in China and Gabon and downstream processing operations. It operates in four segments namely Manganese mining which engages in the mining and production of manganese products including mining, beneficiation, concentrating, grinding and the production of manganese concentrates; EMM and alloying materials production segment comprise hydrometallurgical processing and pyrometallurgical processing; Battery materials production segment engages in the production and sale of battery materials products, including Electrolytic Manganese Dioxide; and Trading business segment includes trading of various commodities such as manganese ore, sales of scraps, and others.
Executives
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Sun Mingwen 2201 Interest of corporation controlled by you
Youfu Investment Co., Ltd 2101 Beneficial owner
Feng Xiang Investment Co.,ltd 2101 Beneficial owner
Ma Xuedong 2201 Interest of corporation controlled by you
Gui Nan Da Meng Guo Ji Zi Yuan You Xian Gong Si

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