Zhongshen Jianye Holding (HKSE:02503) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Zhongshen Jianye 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. Zhongshen Jianye Holding's Operating Income for the six months ended in Dec. 2024 was HK$-0.3 Mil. Zhongshen Jianye Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-2.5 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:02503' s Interest Coverage Range Over the Past 10 Years
Min: 0.37 Med: 81.96 Max: 479.09
Current: 0.37

HKSE:02503's Interest Coverage is ranked worse than
97.21% of 1325 companies
in the Construction industry
Industry Median: 7.28 vs HKSE:02503: 0.37

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

Zhongshen Jianye Holding Interest Coverage Historical Data

The historical data trend for Zhongshen Jianye 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.

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Zhongshen Jianye Holding Interest Coverage Chart

Zhongshen Jianye Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

208.50

479.09

81.96

22.03

0.37

Zhongshen Jianye Holding Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			81.97	8.59	47.13	1.96	-

Competitive Comparison of Zhongshen Jianye Holding's Interest Coverage

For the Engineering & Construction subindustry, Zhongshen Jianye 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.

Zhongshen Jianye Holding's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhongshen Jianye Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhongshen Jianye Holding's Interest Coverage falls into.

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Zhongshen Jianye 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.

Zhongshen Jianye 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, Zhongshen Jianye Holding's Interest Expense was HK$-3.2 Mil. Its Operating Income was HK$1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$25.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	1.168	/	-3.199
	=	0.37

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

Here, for the six months ended in Dec. 2024, Zhongshen Jianye Holding's Interest Expense was HK$-2.5 Mil. Its Operating Income was HK$-0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$25.0 Mil.

Zhongshen Jianye Holding did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Zhongshen Jianye Holding (HKSE:02503) 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 .

Zhongshen Jianye Holding Interest Coverage Related Terms

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

Zhongshen Jianye Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhongshen Jianye Holding Ltd (HKSE:02503) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

the southeast side of the intersection of Guangming Avenue and Dongchang Road, Nos. 615–616, Block 2, Nam Tai Inno Park, Guangming, Guangdong, Shenzhen, CHN

Website

Zhongshen Jianye Holding Ltd is a growing private general contracting construction enterprise in the PRC and has been granted first-grade construction contracting qualifications, including the first-grade qualification in building construction general contracting; the first-grade qualification in municipal and public construction general construction; the first-grade qualification in foundation construction specialized contracting; the first-grade qualification in building electrical & mechanical installation and engineering specialized contracting; and the first-grade qualification in building renovation and decoration construction specialized contracting. It has strategically focused and placed efforts on municipal and public construction works in Guangdong.

Executives

Sang Xianfeng	2201 Interest of corporation controlled by you
Zhong Shen Heng Tai Zi Ben You Xian Gong Si	2101 Beneficial owner
Jin Wei	2202 Interest of your spouse
Xian Yurong	2201 Interest of corporation controlled by you
Zhong Shen Chi Tai Zi Ben You Xian Gong Si	2101 Beneficial owner
Hou Ling	2201 Interest of corporation controlled by you
Wang Jing	2202 Interest of your spouse
Xin Yao Tou Zi You Xian Gong Si	2101 Beneficial owner

Zhongshen Jianye Holding Headlines

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