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China Renaissance Holdings (HKSE:01911) Interest Expense : HK$-45.4 Mil (TTM As of Jun. 2023)


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What is China Renaissance Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Renaissance Holdings's interest expense for the six months ended in Jun. 2023 was HK$ -45.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-45.4 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 Renaissance Holdings's Operating Income for the six months ended in Jun. 2023 was HK$ 164.3 Mil. China Renaissance Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$ -45.4 Mil. China Renaissance Holdings's Interest Coverage for the quarter that ended in Jun. 2023 was 3.62. 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 Renaissance Holdings Interest Expense Historical Data

The historical data trend for China Renaissance 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.

* Premium members only.

China Renaissance Holdings Interest Expense Chart

China Renaissance Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -86.14 -6.87 -15.12 -137.73 -

China Renaissance Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 -8.59 -79.93 -56.71 -50.41 -45.39

China Renaissance 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-45.4 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 Renaissance Holdings  (HKSE:01911) 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 Renaissance Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$-45.4 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$164.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$0.0 Mil.

China Renaissance Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*164.307/-45.393
=3.62

* 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 Renaissance Holdings (HKSE:01911) Business Description

Traded in Other Exchanges
Address
No.2A Workers’ Stadium North Road, Pacific Century Place, Gate 1, Space 8, Chaoyang District, Beijing, CHN, 100027
China Renaissance Holdings Ltd is an investment banking and investment management company that combines private placement advisory, Merger and Acquisition advisory, securities underwriting, research, sales and trading, investment management, and other financial services. Its segments include Investment Banking, Investment Management, CR Securities, and Others. The company generates maximum revenue from the Investment Management segment.
Executives
Bao Fan
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Cr Partners Limited
Fbh Partners Limited
Li Shujun 2201 Interest of corporation controlled by you
Chengwei Evergreen Management, Llc 2201 Interest of corporation controlled by you
Cw Renaissance Holdings Limited 2101 Beneficial owner
Chengwei Capital Hk Limited 2201 Interest of corporation controlled by you
Chengwei Evergreen Capital, Lp 2201 Interest of corporation controlled by you
Renaissance Greenhouse Hk Limited 2101 Beneficial owner
Infiniti Trust (hong Kong) Limited 2301 Trustee
Sky Allies Development Limited 2306 Nominee for another person

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