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Suzhou New District Hi-tech Industrial Co (SHSE:600736) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Suzhou New District Hi-tech Industrial 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. Suzhou New District Hi-tech Industrial Co's Operating Income for the three months ended in Mar. 2025 was ¥-27 Mil. Suzhou New District Hi-tech Industrial Co's Interest Expense for the three months ended in Mar. 2025 was ¥-191 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 Suzhou New District Hi-tech Industrial Co's Interest Coverage or its related term are showing as below:


SHSE:600736's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.97
* 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.


Suzhou New District Hi-tech Industrial Co Interest Coverage Historical Data

The historical data trend for Suzhou New District Hi-tech Industrial 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.

Suzhou New District Hi-tech Industrial Co Interest Coverage Chart

Suzhou New District Hi-tech Industrial Co 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 2.00 2.72 1.42 0.36 0.77

Suzhou New District Hi-tech Industrial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.92 0.56 - 0.58 -

Competitive Comparison of Suzhou New District Hi-tech Industrial Co's Interest Coverage

For the Real Estate - Development subindustry, Suzhou New District Hi-tech Industrial 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.


Suzhou New District Hi-tech Industrial Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suzhou New District Hi-tech Industrial Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Suzhou New District Hi-tech Industrial Co's Interest Coverage falls into.


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Suzhou New District Hi-tech Industrial 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.

Suzhou New District Hi-tech Industrial 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, Suzhou New District Hi-tech Industrial Co's Interest Expense was ¥-666 Mil. Its Operating Income was ¥513 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥34,419 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*512.837/-666.208
=0.77

Suzhou New District Hi-tech Industrial Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Suzhou New District Hi-tech Industrial Co's Interest Expense was ¥-191 Mil. Its Operating Income was ¥-27 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥38,362 Mil.

Suzhou New District Hi-tech Industrial 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.


Suzhou New District Hi-tech Industrial Co  (SHSE:600736) 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 .


Suzhou New District Hi-tech Industrial Co Interest Coverage Related Terms

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Suzhou New District Hi-tech Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Jinfeng Road, 20th Floor, Building A, Jinfeng International Business Building, Science and Technology City, Suzhou, CHN, 215021
Suzhou New District Hi-tech Industrial Co Ltd is a Chinese company principally engaged in the business of the development and operation of real estate in China. In addition, through its subsidiaries, the group is also involved in the other businesses of Environmental protection, Advanced manufacturing, Tourism, and Non-bank finance and industrial development.
Executives
Xu Ming Director
Wang Xing Director
Song Cai Jun senior management
Lou Ming Yu senior management
Xu Zheng senior management
He Ming senior management
Mao Yi Qun senior management
Jiang Jun Supervisors
Shi Wei Ming Supervisors
Zhang Xiao Feng senior management
Qu Xiao Yun Director
Kong Li Director
Ji Xiang Qun Director

Suzhou New District Hi-tech Industrial Co Headlines

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