Sunkwan Properties Group (HKSE:06900) Interest Coverage: 0 (At Loss) (As of Jun. 2023)

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What is Sunkwan Properties Group Interest Coverage?

Sunkwan Properties Group HKSE:06900 Interest Coverage is 0 (At Loss) as of Jun. 2023.

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. Sunkwan Properties Group's Operating Income for the six months ended in Jun. 2023 was HK$-52 Mil. Sunkwan Properties Group's Interest Expense for the six months ended in Jun. 2023 was HK$-180 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 Sunkwan Properties Group's Interest Coverage or its related term are showing as below:


HKSE:06900's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.18
* Ranked among companies with meaningful Interest Coverage only.

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


Sunkwan Properties Group  (HKSE:06900) 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 .


Sunkwan Properties Group Interest Coverage Related Terms


Sunkwan Properties Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sunkwan Properties Group'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.

Sunkwan Properties Group Interest Coverage Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial 11.11 9.97 4.24 1.81 0.00

Sunkwan Properties Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 2.68 0.00 0.00 0.00

Sunkwan Properties Group Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Sunkwan Properties Group'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.


Sunkwan Properties Group Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunkwan Properties Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sunkwan Properties Group's Interest Coverage falls into.



Sunkwan Properties Group 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.

Sunkwan Properties Group's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Sunkwan Properties Group's Interest Expense was HK$-431 Mil. Its Operating Income was HK$-1,071 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,807 Mil.

Sunkwan Properties Group did not have earnings to cover the interest expense.

Sunkwan Properties Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Sunkwan Properties Group's Interest Expense was HK$-180 Mil. Its Operating Income was HK$-52 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,987 Mil.

Sunkwan Properties Group did not have earnings to cover the interest expense.

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Sunkwan Properties Group (HKSE:06900) has a Interest Coverage of 0 (At Loss) as of Jun. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunkwan Properties Group and its competitors.
Is Sunkwan Properties Group's Interest Coverage too high?
Sunkwan Properties Group's current Interest Coverage is 0 (At Loss).
How does Sunkwan Properties Group's Interest Coverage compare to competitors?
Sunkwan Properties Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Real Estate industry. The industry median Interest Coverage is 4.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.18, based on 1,303 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunkwan Properties Group and its competitors. For the Real Estate industry, the median Interest Coverage is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunkwan Properties Group's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunkwan Properties Group stock overvalued right now?
Sunkwan Properties Group (HKSE:06900) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sunkwan Properties Group (HKSE:06900), the current Interest Coverage is 0 (At Loss) as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunkwan Properties Group Business Description

Address No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.