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Fengyinhe Holdings (HKSE:08030) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Fengyinhe Holdings 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. Fengyinhe Holdings's Operating Income for the three months ended in Dec. 2024 was HK$0.00 Mil. Fengyinhe Holdings's Interest Expense for the three months ended in Dec. 2024 was HK$0.00 Mil. Fengyinhe Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Fengyinhe Holdings's Interest Coverage or its related term are showing as below:


HKSE:08030's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.465
* 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.


Fengyinhe Holdings Interest Coverage Historical Data

The historical data trend for Fengyinhe Holdings'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.

Fengyinhe Holdings Interest Coverage Chart

Fengyinhe Holdings 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 - - 230.55 614.15 506.68

Fengyinhe Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 126.52 326.53 - N/A No Debt

Competitive Comparison of Fengyinhe Holdings's Interest Coverage

For the Asset Management subindustry, Fengyinhe Holdings'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.


Fengyinhe Holdings's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fengyinhe Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fengyinhe Holdings's Interest Coverage falls into.


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Fengyinhe Holdings 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.

Fengyinhe Holdings'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, Fengyinhe Holdings's Interest Expense was HK$-0.15 Mil. Its Operating Income was HK$73.47 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*73.468/-0.145
=506.68

Fengyinhe Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Fengyinhe Holdings's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Fengyinhe Holdings had no debt (1).

* 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.


Fengyinhe Holdings  (HKSE:08030) 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 .


Fengyinhe Holdings Interest Coverage Related Terms

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Fengyinhe Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 4060 Qiaoxiang Road, Gaofa Community, Shahe Street, Room 902, Block A, Xiangnian Plaza, Nanshan District, Shenzhen, CHN
Fengyinhe Holdings Ltd formerly Flying Financial Service Holdings Ltd is an investment holding company. The company's operating segments include Investment in property development projects; Operation of financial services platform; Provision of entrusted loan, pawn loan, other loan services, and financial consultation services, and Finance lease services. It generates maximum revenue from the Operation of financial services platform segment. Geographically, the company business has spread over Hong Kong and China. Most of its revenue is generated from China.
Executives
Chen Hong 2202 Interest of your spouse
Li Bingju 2101 Beneficial owner
Yan Qinglin 2101 Beneficial owner
Niu Chengjun 2101 Beneficial owner
Zheng Weijing
Kimberland Credit Limited 2106 Person having a security interest in shares
Shi Andong 2201 Interest of corporation controlled by you
Ming Cheng Investments Limited

Fengyinhe Holdings Headlines

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