GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Fortune Trend Technology Co Ltd (SHSE:688318) » Definitions » Interest Expense

Shenzhen Fortune Trend Technology Co (SHSE:688318) Interest Expense : ¥-2.1 Mil (TTM As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Shenzhen Fortune Trend Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Fortune Trend Technology Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-2.1 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. Shenzhen Fortune Trend Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥ 23.4 Mil. Shenzhen Fortune Trend Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Shenzhen Fortune Trend Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 was 4,674.40. 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.

Shenzhen Fortune Trend Technology Co Interest Expense Historical Data

The historical data trend for Shenzhen Fortune Trend 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.

* Premium members only.

Shenzhen Fortune Trend Technology Co Interest Expense Chart

Shenzhen Fortune Trend Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -0.24 -0.19 -0.58 -2.75

Shenzhen Fortune Trend Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.68 -0.85 -0.70 -0.53 -0.01

Shenzhen Fortune Trend 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2.1 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.

Shenzhen Fortune Trend Technology Co  (SHSE:688318) 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.

Shenzhen Fortune Trend Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥23.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.1 Mil.

Shenzhen Fortune Trend Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*23.372/-0.005
=4,674.40

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shenzhen Fortune Trend Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Shenzhen Fortune Trend Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Fortune Trend Technology Co Ltd (SHSE:688318) » Definitions » Interest Expense
Comparable Companies
SHSE:688568 SZSE:002065 SZSE:002195 SZSE:300496 SHSE:603160 SZSE:300682 SZSE:000997 SHSE:688692 SZSE:301275 SZSE:002153 XTER:SAP CRM INTU NOW UBER ADBE TSX:SHOP ADP MSTR CDNS
Traded in Other Exchanges
N/A
Address
No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049
Website
https://www.tdx.com.cn
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.
Executives
Wu Huo Sheng Core technical personnel
Shen Zhi Kun Core technical personnel
Bao Wei Core technical personnel
Sun Kui Core technical personnel
Tian Jin En Directors, senior managers, core technical personnel
Chen Fan Supervisors, core technical personnel
Qin Tao senior management
Huang Shan Directors, senior managers, core technical personnel
Huang Qing Director
Zhang Li Jun Directors, senior managers, core technical personnel

Shenzhen Fortune Trend Technology Co Headlines

No Headlines