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Ruifeng Power Group Co (HKSE:02025) Interest Coverage : 0.41 (As of Dec. 2024)


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What is Ruifeng Power Group Co 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. Ruifeng Power Group Co's Operating Income for the six months ended in Dec. 2024 was HK$2 Mil. Ruifeng Power Group Co's Interest Expense for the six months ended in Dec. 2024 was HK$-6 Mil. Ruifeng Power Group Co's interest coverage for the quarter that ended in Dec. 2024 was 0.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ruifeng Power Group Co's Interest Coverage or its related term are showing as below:

HKSE:02025' s Interest Coverage Range Over the Past 10 Years
Min: 1.62   Med: 9.05   Max: 12.85
Current: 2.25


HKSE:02025's Interest Coverage is ranked worse than
77.35% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs HKSE:02025: 2.25

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


Ruifeng Power Group Co Interest Coverage Historical Data

The historical data trend for Ruifeng Power Group Co'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.

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Ruifeng Power Group Co Interest Coverage Chart

Ruifeng Power Group Co 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 10.02 8.90 4.57 1.62 2.25

Ruifeng Power Group Co Semi-Annual Data
Dec14 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 3.75 2.99 0.16 4.22 0.41

Competitive Comparison of Ruifeng Power Group Co's Interest Coverage

For the Auto Parts subindustry, Ruifeng Power Group Co'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.


Ruifeng Power Group Co's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ruifeng Power Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ruifeng Power Group Co's Interest Coverage falls into.


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Ruifeng Power Group Co 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.

Ruifeng Power Group Co'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, Ruifeng Power Group Co's Interest Expense was HK$-11 Mil. Its Operating Income was HK$25 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$150 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*25.406/-11.309
=2.25

Ruifeng Power Group Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Ruifeng Power Group Co's Interest Expense was HK$-6 Mil. Its Operating Income was HK$2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$150 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2.414/-5.857
=0.41

* 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.


Ruifeng Power Group Co  (HKSE:02025) 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 .


Ruifeng Power Group Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Ruifeng Power Group Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Ruifeng Power Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Middle of East Taishan Road, Hebei Province, Shenzhou, CHN, 053800
Ruifeng Power Group Co Ltd, along with its subsidiaries, is principally engaged in the design, manufacture, and sale of cylinder blocks and cylinder heads. The group operates in the business segments of Cylinder blocks; Cylinder heads and Ancillary cylinder block components. It derives a majority of the revenue from the Cylinder blocks segment which includes mainly the research, development, manufacture, and sale of cylinder blocks. It offers cylinder blocks for passenger vehicles, commercial vehicles, and industrial vehicles. The group's revenue is majorly generated from sales to customers in the PRC.
Executives
Radiant Path Holdings Limited 2101 Beneficial owner
Zhu Yunchuan 2202 Interest of your spouse
Zhang Zhanbiao 2201 Interest of corporation controlled by you
Rosy Raise Limited 2101 Beneficial owner
Liu Meiling 2201 Interest of corporation controlled by you
Li Xunye 2202 Interest of your spouse
Great Ally Enterprises Limited 2101 Beneficial owner
Yin Shujuan 2202 Interest of your spouse
Wang Shiying 2201 Interest of corporation controlled by you
Dragon Rise Ventures Limited 2101 Beneficial owner
Zhao Jingmei 2202 Interest of your spouse
Zhang Yuexuan 2201 Interest of corporation controlled by you
Xiao Zhiru 2202 Interest of your spouse
Wang Sujuan 2202 Interest of your spouse
Meng Lianzhou 2201 Interest of corporation controlled by you

Ruifeng Power Group Co Headlines

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