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China 33 Media Group (HKSE:08087) Interest Expense : HK$-1.69 Mil (TTM As of Dec. 2023)


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What is China 33 Media Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China 33 Media Group's interest expense for the three months ended in Dec. 2023 was HK$ -0.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.69 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 33 Media Group's Operating Income for the three months ended in Dec. 2023 was HK$ -8.21 Mil. China 33 Media Group's Interest Expense for the three months ended in Dec. 2023 was HK$ -0.61 Mil. China 33 Media Group 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.


China 33 Media Group Interest Expense Historical Data

The historical data trend for China 33 Media Group'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 33 Media Group Interest Expense Chart

China 33 Media Group 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 -0.12 -0.65 -1.50 -1.41 -1.69

China 33 Media Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.36 -0.04 -0.75 -0.29 -0.61

China 33 Media Group 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 quarterly data reported by the company within the most recent 12 months, which was HK$-1.69 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 33 Media Group  (HKSE:08087) 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 33 Media Group's Interest Expense for the three months ended in Dec. 2023 was HK$-0.61 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$-8.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$0.14 Mil.

China 33 Media Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

China 33 Media Group 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.


China 33 Media Group (HKSE:08087) Business Description

Traded in Other Exchanges
N/A
Address
20 Jiuxianqiao Road, Unit 410-412, 4th Floor, Chaoyang District, One Indigo, Beijing, CHN
China 33 Media Group Ltd is engaged in outdoor and digital advertising, film and entertainment investment, prepaid card business as well as printed media advertising. Its segments are printed media advertising; outdoor and digital advertising; film and entertainment investment; and prepaid cards. It derives the majority of the revenue from the outdoor and digital advertising segment that generates income from online advertising through mobile applications and websites, etc. as well as the sale of advertising spaces on the billboards and LEDs installed at certain railway stations, and revenue from promotion campaigns conducted in train stations.
Executives
Liu Sibin 2202 Interest of your spouse
Broad Win Limited 2201 Interest of corporation controlled by you
Joint Loyal Limited 2201 Interest of corporation controlled by you
Lin Pintong 2201 Interest of corporation controlled by you
Lizhong Limited 2101 Beneficial owner
Pan Xiaoying 2202 Interest of your spouse
China Investment And Finance Group Limited 2201 Interest of corporation controlled by you
New Express Investment Limited 2101 Beneficial owner
Ruan Deqing 2101 Beneficial owner

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