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Shenergy Co (SHSE:600642) Interest Expense : ¥-1,311 Mil (TTM As of Mar. 2024)


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What is Shenergy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenergy Co's interest expense for the three months ended in Mar. 2024 was ¥ -322 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,311 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. Shenergy Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,266 Mil. Shenergy Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -322 Mil. Shenergy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.94. 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.

Shenergy Co Interest Expense Historical Data

The historical data trend for Shenergy 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.

Shenergy Co Interest Expense Chart

Shenergy 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 -649.05 -921.84 -1,073.70 -1,355.16 -1,309.17

Shenergy 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 -319.98 -324.97 -329.82 -334.40 -321.53

Shenergy 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 ¥-1,311 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.

Shenergy Co  (SHSE:600642) 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.

Shenergy Co's Interest Expense for the three months ended in Mar. 2024 was ¥-322 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,266 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥26,217 Mil.

Shenergy 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*1265.988/-321.529
=3.94

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shenergy Co Ltd interest coverage is 3.68, which is low.

Shenergy Co (SHSE:600642) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shenergy Co Ltd (SHSE:600642) » Definitions » Interest Expense
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SZSE:000027 SHSE:600483 SHSE:600509 SHSE:600101 SZSE:300332 SHSE:600396 SHSE:600969 SZSE:000692 SAU:2082 ADX:TAQA XMAD:IBE MIL:ENEL SRE XPAR:ENGI XTER:EOAN DFM:DEWA XTER:RWE LSE:SSE XTER:EBK XLIS:EDP
Traded in Other Exchanges
N/A
Address
Hongjing Road 159, 5th Floor, Shanghai, CHN, 201103
Website
http://www.shenergy.net.cn
Shenergy Co Ltd is engaged in the electric power and energy industry in China. Its main business includes the investment, construction, operation, and management of electric power, petroleum, and natural gas. The company has invested and completed electric power projects, which are distributed in various fields such as thermal power, natural gas power, hydropower and nuclear power.
Executives
Xie Feng senior management
Wang Zhen Yu senior management
Shu Tong senior management
Yu Yong Lin Director
Liu Xian Jun Supervisors
Zhou Yan Fei Director
Xi Li Qiang Director
Xu Wei Quan Director
Li Wei Yi senior management
Xu Ren Zhong Supervisors
Xu Guo Bao Director
Zhou Cheng Bin Supervisors
Hua Shi Chao senior management
Wu Jian Xiong Director
Song Xue Feng Supervisors

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