Hezong Science and Technology Co (SZSE:300477) Interest Expense : ¥-141 Mil (TTM As of Mar. 2024)

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What is Hezong Science and Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hezong Science and Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-141 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. Hezong Science and Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -53 Mil. Hezong Science and Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -50 Mil. Hezong Science and Technology Co 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.

Hezong Science and Technology Co Interest Expense Historical Data

The historical data trend for Hezong Science and Technology 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.

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Hezong Science and Technology Co Interest Expense Chart

Hezong Science and Technology Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-56.66

-62.17

-52.53

-60.74

-113.02

Hezong Science and Technology 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															-18.09	-30.77	-28.60	-30.83	-50.49

Hezong Science and Technology 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 ¥-141 Mil.

Hezong Science and Technology Co (SZSE:300477) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hezong Science and Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-50 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,771 Mil.

Hezong Science and Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Hezong Science and Technology Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Hezong Science and Technology Co (SZSE:300477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hezong Science and Technology Co Ltd (SZSE:300477) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085

Website

http://www.hezong-tech.com

Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.

Executives

Wei Qiang	Directors, executives
Han Guo Liang	Directors, executives
Zhang Shu	Directors, Directors, and Executives
Gao Xing	Director
Zhang Xiao Yi	Executives
Wang Wei Ping	Supervisors
Zhang Ren Zeng	Director
He Yun	Director
Zhang Quan Zhong	Supervisors
Liu Ze Gang	Director
Liu Wei Dong	Independent director
Wang Xiao Xin	Supervisors

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