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Shanghai Pioneer Holding (HKSE:01345) Interest Coverage : 56.94 (As of Dec. 2024)


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What is Shanghai Pioneer Holding Interest Coverage?

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 by its Interest Expense. Shanghai Pioneer Holding's Operating Income for the six months ended in Dec. 2024 was HK$101 Mil. Shanghai Pioneer Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-2 Mil. Shanghai Pioneer Holding's interest coverage for the quarter that ended in Dec. 2024 was 56.94. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shanghai Pioneer Holding's Interest Coverage or its related term are showing as below:

HKSE:01345' s Interest Coverage Range Over the Past 10 Years
Min: 14.64   Med: 95.03   Max: 202.49
Current: 92.25


HKSE:01345's Interest Coverage is ranked better than
83.88% of 428 companies
in the Healthcare Providers & Services industry
Industry Median: 8.09 vs HKSE:01345: 92.25

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


Shanghai Pioneer Holding Interest Coverage Historical Data

The historical data trend for Shanghai Pioneer Holding's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Shanghai Pioneer Holding Interest Coverage Chart

Shanghai Pioneer Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.00 202.49 139.54 72.73 92.06

Shanghai Pioneer Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage 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 193.78 67.47 78.37 167.89 56.94

Competitive Comparison of Shanghai Pioneer Holding's Interest Coverage

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Pioneer Holding's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai Pioneer Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai Pioneer Holding's Interest Coverage falls into.


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Shanghai Pioneer Holding Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Shanghai Pioneer Holding's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Shanghai Pioneer Holding's Interest Expense was HK$-3 Mil. Its Operating Income was HK$238 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$12 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*238.256/-2.588
=92.06

Shanghai Pioneer Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Shanghai Pioneer Holding's Interest Expense was HK$-2 Mil. Its Operating Income was HK$101 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$12 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*100.72/-1.769
=56.94

* 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.


Shanghai Pioneer Holding  (HKSE:01345) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Shanghai Pioneer Holding Interest Coverage Related Terms

Thank you for viewing the detailed overview of Shanghai Pioneer Holding's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Pioneer Holding Business Description

Traded in Other Exchanges
N/A
Address
No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331
Shanghai Pioneer Holding Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the marketing, promotion, sales, and channel management service for imported pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, orthopedics, odontology, and wound care. The majority of its revenue derives from the Sales of pharmaceutical products. The group operates mainly in the People's Republic of China.
Executives
Ark Trust (hong Kong) Limited 2301 Trustee
Bank Of Communications Trustee Limited 2301 Trustee
Pioneer Pharma (bvi) Co.,ltd 2101 Beneficial owner
Tian Tian Limited 2201 Interest of corporation controlled by you
Li Xinzhou 2202 Interest of your spouse
Wu Qian 2201 Interest of corporation controlled by you

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