Xingda International Holdings (HKSE:01899) Interest Expense : HK$-255 Mil (TTM As of Dec. 2023)

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What is Xingda International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xingda International Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -139 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-255 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. Xingda International Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 506 Mil. Xingda International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -139 Mil. Xingda International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 3.64. 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.

Xingda International Holdings Interest Expense Historical Data

The historical data trend for Xingda International 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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Xingda International Holdings Interest Expense Chart

Xingda International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-45.30

-95.97

-200.12

-222.16

-255.43

Xingda International 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															-108.30	-114.34	-113.23	-116.37	-139.06

Xingda International 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$-255 Mil.

Xingda International Holdings (HKSE:01899) 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.

Xingda International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-139 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$506 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$558 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	505.98	/	-139.056
	=	3.64

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

Xingda International Holdings (HKSE:01899) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xingda International Holdings Ltd (HKSE:01899) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

XDH:Germany

Address

Yunling Road (East), Lane 599, 6th Floor, No. 20, Putuo District, Shanghai, CHN, 200062

Website

http://www.xingda.com.cn

Xingda International Holdings Ltd is an investment holding company engaged in manufacturing and trading Radial tire cords, Bead wires, and other wires. Its products cover Rubber reinforcement materials and Precision sawing wires, such as Steel cord, Tyre bead wires, and High-pressure hose wire. The company derives key revenue from the sale of Radial tire cords for trucks. The majority of its revenue is earned in the PRC.

Executives

Liu Jinlan	2501 Other
Zhao Yue	2201 Interest of corporation controlled by you
Super Auspicious Inc.	2101 Beneficial owner
Always Blooming Holdings Limited	2201 Interest of corporation controlled by you
Wise Creative Limited	2101 Beneficial owner
Widen Success Holdings Limited	2501 Other
Liu Tao	2501 Other
In-plus Limited	2501 Other
Great Trade Limited	2501 Other
Hang Youming	2501 Other
Liu Xiang	2501 Other
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Qing Dao Jian Xin Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you

Xingda International Holdings (HKSE:01899) Headlines

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