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Xingye Wulian Service Group Co (HKSE:09916) Interest Coverage : 651.11 (As of Dec. 2024)


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What is Xingye Wulian Service 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. Xingye Wulian Service Group Co's Operating Income for the six months ended in Dec. 2024 was HK$35.2 Mil. Xingye Wulian Service Group Co's Interest Expense for the six months ended in Dec. 2024 was HK$-0.1 Mil. Xingye Wulian Service Group Co's interest coverage for the quarter that ended in Dec. 2024 was 651.11. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xingye Wulian Service Group Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

HKSE:09916' s Interest Coverage Range Over the Past 10 Years
Min: 302.6   Med: 482.87   Max: 662.39
Current: 625.54


HKSE:09916's Interest Coverage is ranked better than
91.7% of 1325 companies
in the Real Estate industry
Industry Median: 3.99 vs HKSE:09916: 625.54

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


Xingye Wulian Service Group Co Interest Coverage Historical Data

The historical data trend for Xingye Wulian Service 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.

* Premium members only.

Xingye Wulian Service Group Co Interest Coverage Chart

Xingye Wulian Service Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 302.60 305.58 482.87 489.08 622.92

Xingye Wulian Service Group Co Semi-Annual Data
Dec16 Dec17 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 428.05 522.28 453.24 602.52 651.11

Competitive Comparison of Xingye Wulian Service Group Co's Interest Coverage

For the Real Estate Services subindustry, Xingye Wulian Service 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.


Xingye Wulian Service Group Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xingye Wulian Service Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Xingye Wulian Service Group Co's Interest Coverage falls into.


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Xingye Wulian Service 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.

Xingye Wulian Service 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, Xingye Wulian Service Group Co's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$71.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*71.013/-0.114
=622.92

Xingye Wulian Service 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, Xingye Wulian Service Group Co's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$35.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.7 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*35.16/-0.054
=651.11

* 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.


Xingye Wulian Service Group Co  (HKSE:09916) 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 .


Xingye Wulian Service Group Co Interest Coverage Related Terms

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


Xingye Wulian Service Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Gangwan Road, Room 105, 1st Floor, Guancheng Hui District, Henan Province, Zhengzhou, CHN
Xingye Wulian Service Group Co Ltd is an investment holding company. Its segments are Property Management and Value-added Services which generate the majority of the revenue and is engaged in providing property management services including, security, cleaning, greening and gardening, parking space management, repair and maintenance for common areas and customer services; Property Engineering Services providing property engineering services including the planning, design and installation of security and surveillance systems, access control systems, carpark management systems and construction site management systems; and Others comprising of club house services, including catering and ancillary services and ancillary food supply services.
Executives
Vistra Trust (bvi) Limited 2301 Trustee
Zhang Huiqi 2201 Interest of corporation controlled by you
Su Da Huan Qiu You Xian Gong Si 2201 Interest of corporation controlled by you
Rong Po Fa Zhan You Xian Gong Si 2101 Beneficial owner
Rong Da Qi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Ying Yu You Xian Gong Si 2101 Beneficial owner

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