China Railway Group (SHSE:601390) Interest Expense : ¥-11,684 Mil (TTM As of Dec. 2023)

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What is China Railway Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Railway Group's interest expense for the three months ended in Dec. 2023 was ¥ -2,589 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-11,684 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 Railway Group's Operating Income for the three months ended in Dec. 2023 was ¥ 22,025 Mil. China Railway Group's Interest Expense for the three months ended in Dec. 2023 was ¥ -2,589 Mil. China Railway Group's Interest Coverage for the quarter that ended in Dec. 2023 was 8.51. 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 Railway Group Interest Expense Historical Data

The historical data trend for China Railway 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.

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China Railway Group Interest Expense Chart

China Railway Group Annual Data

Trend

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Dec23

Interest Expense

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-5,338.95

-6,467.52

-7,390.00

-9,370.09

-11,683.87

China Railway 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															-2,928.67	-2,590.55	-2,855.71	-3,648.62	-2,589.00

China Railway 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 ¥-11,684 Mil.

China Railway Group (SHSE:601390) 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.

China Railway Group's Interest Expense for the three months ended in Dec. 2023 was ¥-2,589 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥22,025 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥312,690 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	22025.202	/	-2588.998
	=	8.51

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

China Railway Group (SHSE:601390) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Group Ltd (SHSE:601390) » Definitions » Interest Expense

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CRWOF:USA 00390:Hong Kong CNO:Germany

Address

49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG

Website

http://www.crec.cn

China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.

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