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Sunac China Holdings (HKSE:01918) Interest Expense : HK$-5,412 Mil (TTM As of Dec. 2023)


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What is Sunac China Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunac China Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -2,901 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-5,412 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. Sunac China Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -5,413 Mil. Sunac China Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -2,901 Mil. Sunac China 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.


Sunac China Holdings Interest Expense Historical Data

The historical data trend for Sunac China 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.

Sunac China Holdings Interest Expense Chart

Sunac China Holdings 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 -4,373.35 -1,375.90 -2,571.38 -6,629.23 -5,411.82

Sunac China 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 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 -1,713.63 -3,407.25 -3,383.26 -2,510.72 -2,901.11

Sunac China 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$-5,412 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.


Sunac China Holdings  (HKSE:01918) 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.

Sunac China Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-2,901 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-5,413 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$106,167 Mil.

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

Sunac China Holdings 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.


Sunac China Holdings (HKSE:01918) Business Description

Traded in Other Exchanges
Address
No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381
Property developer Sunac China commenced operations in 2003 and listed on the Hong Kong exchange in 2010. Based in Tianjin, Sunac is geographically well diversified across China like many large-scale listed PRC developers, and into major cities including Shanghai, Beijing, Guangzhou, Shenzhen and Hainan. Sunac is founded by Sun Hongbin, major shareholder and chairman of the company that previously established Sunco Group and adopted a high leverage strategy, which Sunac also then embraced. On top of aggressive asset expansion in recent years, the significant acquisition of a stake in non-related business Leshi Internet, as well as the landmark portfolio acquisition of Dalian Wanda theme park assets on the back of a highly leveraged balance sheet, have also garnered much market attention.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Am Asia Strategies Master Fund Lp 2101 Beneficial owner
Sun Hongbin 2307 Founder of a discretionary trust who can infl
Sunac International Investment Holdings Ltd 2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren 2201 Interest of corporation controlled by you

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