GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China National Chemical Engineering Co Ltd (SHSE:601117) » Definitions » Interest Expense

China National Chemical Engineering Co (SHSE:601117) Interest Expense : ¥-365 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is China National Chemical Engineering Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China National Chemical Engineering Co's interest expense for the three months ended in Mar. 2024 was ¥ -80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-365 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 National Chemical Engineering Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,746 Mil. China National Chemical Engineering Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -80 Mil. China National Chemical Engineering Co's Interest Coverage for the quarter that ended in Mar. 2024 was 21.77. 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 National Chemical Engineering Co Interest Expense Historical Data

The historical data trend for China National Chemical Engineering 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.

China National Chemical Engineering Co Interest Expense Chart

China National Chemical Engineering 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 -289.81 -445.37 -230.59 -279.08 -364.05

China National Chemical Engineering 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 -79.55 -94.03 -93.88 -96.59 -80.21

China National Chemical Engineering 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 ¥-365 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 National Chemical Engineering Co  (SHSE:601117) 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 National Chemical Engineering Co's Interest Expense for the three months ended in Mar. 2024 was ¥-80 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,746 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,935 Mil.

China National Chemical Engineering 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*1746.473/-80.209
=21.77

* 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 National Chemical Engineering Co (SHSE:601117) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China National Chemical Engineering Co Ltd (SHSE:601117) » Definitions » Interest Expense
Comparable Companies
SHSE:600970 SHSE:600170 SHSE:601611 SZSE:002060 SHSE:600528 SHSE:600039 SHSE:600820 SHSE:601618 SHSE:600248 SZSE:002761 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
2nd Avenue, Dongzhimen, Dongcheng District, Beijing, CHN, 100007
Website
http://www.cncec.com.cn
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.

China National Chemical Engineering Co (SHSE:601117) Headlines

No Headlines