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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Operating Income for the six months ended in Dec. 2024 was HK$-167.8 Mil. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Expense for the six months ended in Dec. 2024 was HK$-12.3 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 Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage or its related term are showing as below:


HKSE:09663's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.66
* 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Interest Coverage Historical Data

The historical data trend for Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Interest Coverage Chart

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial N/A - - - -

Competitive Comparison of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage falls into.


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Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Expense was HK$-23.8 Mil. Its Operating Income was HK$-380.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$243.0 Mil.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co did not have earnings to cover the interest expense.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Expense was HK$-12.3 Mil. Its Operating Income was HK$-167.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$243.0 Mil.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co  (HKSE:09663) 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 .


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Business Description

Traded in Other Exchanges
N/A
Address
Room 501-2, Block No. 37, Hangzhou Bay New Economic Park, Port District, Zhejiang Province, Jiaxing City, CHN
Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Ltd is a technology-based hydrogen fuel cell company in the PRC focusing on research, development, production, and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems. Its products include flexible graphite bipolar plates, hydrogen fuel cell stacks, and hydrogen fuel cell systems.
Executives
Jia Xing Wan Bei Ke Chuang Fa Zhan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Rong Ding Ze Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Qing Dao Cheng Tou Qing Dong Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Mei Jin Neng Yuan Ji Tuan You Xian Gong Si 2101 Beneficial owner
Jia Xing Bin Hai Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Qing Neng Chan Ye Fa Zhan You Xian Gong Si 2101 Beneficial owner
Shan Xi Mei Jin Neng Yuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Qing Dao Cheng Tou Xin Neng Yuan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Qing Dao Cheng Shi Jian She Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Yun Fu Shi Yun Sheng Tou Zi Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Dong Hong Yun Qing Neng Yuan Ke Ji You Xian Gong Si 2101 Beneficial owner
Guang Dong Fo Shan Yun Fu Chan Ye Zhuan Yi Gong Ye Yuan Tou Zi Kai Fa You Xian Gong Si 2101 Beneficial owner
Fo Shan Hua Hui Ke Ji Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Chen Xiaomin 2201 Interest of corporation controlled by you
Sung Billy 2101 Beneficial owner

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