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Sino-Ocean Group Holding (HKSE:03377) Interest Expense : HK$-3,847 Mil (TTM As of Dec. 2023)


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What is Sino-Ocean Group Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sino-Ocean Group Holding's interest expense for the six months ended in Dec. 2023 was HK$ -1,789 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3,847 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. Sino-Ocean Group Holding's Operating Income for the six months ended in Dec. 2023 was HK$ -184 Mil. Sino-Ocean Group Holding's Interest Expense for the six months ended in Dec. 2023 was HK$ -1,789 Mil. Sino-Ocean Group Holding 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.


Sino-Ocean Group Holding Interest Expense Historical Data

The historical data trend for Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding Interest Expense Chart

Sino-Ocean Group Holding 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 -2,663.61 -2,502.34 -2,741.20 -3,423.99 -3,846.96

Sino-Ocean Group Holding 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 -1,468.74 -1,576.18 -1,922.41 -2,057.69 -1,789.27

Sino-Ocean Group Holding 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$-3,847 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.


Sino-Ocean Group Holding  (HKSE:03377) 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.

Sino-Ocean Group Holding's Interest Expense for the six months ended in Dec. 2023 was HK$-1,789 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-184 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$30,861 Mil.

Sino-Ocean Group Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Sino-Ocean Group Holding 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.


Sino-Ocean Group Holding (HKSE:03377) Business Description

Traded in Other Exchanges
Address
56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025
Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.
Executives
Da Jia Bao Xian Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Bang Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

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