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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Interest Expense : ¥-193 Mil (TTM As of Mar. 2024)


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What is Changjiang & Jinggong Steel Building (Group) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changjiang & Jinggong Steel Building (Group) Co's interest expense for the three months ended in Mar. 2024 was ¥ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-193 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. Changjiang & Jinggong Steel Building (Group) Co's Operating Income for the three months ended in Mar. 2024 was ¥ 30 Mil. Changjiang & Jinggong Steel Building (Group) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -40 Mil. Changjiang & Jinggong Steel Building (Group) Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.76. 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.


Changjiang & Jinggong Steel Building (Group) Co Interest Expense Historical Data

The historical data trend for Changjiang & Jinggong Steel Building (Group) Co'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.

Changjiang & Jinggong Steel Building (Group) Co Interest Expense Chart

Changjiang & Jinggong Steel Building (Group) Co 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 -175.09 -171.76 -166.16 -205.96 -198.21

Changjiang & Jinggong Steel Building (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -44.91 -47.44 -55.77 -50.09 -39.75

Changjiang & Jinggong Steel Building (Group) Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-193 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.


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.

Changjiang & Jinggong Steel Building (Group) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-40 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,261 Mil.

Changjiang & Jinggong Steel Building (Group) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*30.125/-39.746
=0.76

* 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.


Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Business Description

Traded in Other Exchanges
N/A
Address
Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
Executives
Fang Chao Yang Director
Zhang Xiao Ying senior management
Shen Yue Hua senior management
Qiu Jian Hua senior management
Chen Shui Fu senior management
Chen Guo Dong senior management
Sun Guan Fu Director
Yan Hong Director
Qian Wei Jun Director
Lou Bao Liang senior management

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