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Shandong Chenming Paper Holdings (SZSE:200488) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Shandong Chenming Paper 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. Shandong Chenming Paper Holdings's Operating Income for the three months ended in Mar. 2025 was HK$-1,329 Mil. Shandong Chenming Paper Holdings's Interest Expense for the three months ended in Mar. 2025 was HK$-460 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 Shandong Chenming Paper Holdings's Interest Coverage or its related term are showing as below:


SZSE:200488's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 4.44
* 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.


Shandong Chenming Paper Holdings Interest Coverage Historical Data

The historical data trend for Shandong Chenming Paper 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.

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Shandong Chenming Paper Holdings Interest Coverage Chart

Shandong Chenming Paper 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 1.47 1.90 1.13 0.10 -

Shandong Chenming Paper Holdings 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 0.80 0.86 - - -

Competitive Comparison of Shandong Chenming Paper Holdings's Interest Coverage

For the Paper & Paper Products subindustry, Shandong Chenming Paper 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.


Shandong Chenming Paper Holdings's Interest Coverage Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Chenming Paper Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shandong Chenming Paper Holdings's Interest Coverage falls into.


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Shandong Chenming Paper 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.

Shandong Chenming Paper 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, Shandong Chenming Paper Holdings's Interest Expense was HK$-1,996 Mil. Its Operating Income was HK$-1,514 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$5,126 Mil.

Shandong Chenming Paper Holdings did not have earnings to cover the interest expense.

Shandong Chenming Paper Holdings's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Shandong Chenming Paper Holdings's Interest Expense was HK$-460 Mil. Its Operating Income was HK$-1,329 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$4,250 Mil.

Shandong Chenming Paper Holdings 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.


Shandong Chenming Paper Holdings  (SZSE:200488) 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 .


Shandong Chenming Paper Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Shandong Chenming Paper Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Chenming Paper Holdings Business Description

Traded in Other Exchanges
Address
No. 2199 Nongsheng East Road, Shandong Province, Shouguang, CHN, 262705
Shandong Chenming Paper Holdings Ltd is a paper-making company. The Company is engaged in the processing and sale of paper products, paper-making raw materials, machinery, and chemicals; generation and sale of electric power and thermal power; forestry, saplings growing, processing and sale of timber and construction materials; manufacturing, processing and sale of wood products; and hotel service, and equipment financial and operating leasing, investment properties and property service, etc. Maximum revenue is derived from the sale of its paper products. The company's segments are Machine-made paper, Financial services, Hotels and properties, and other segments. Geographically, it derives a majority of its revenue from Mainland China.
Executives
Xiao Peng Secretary Dong
Wang Chun Fang Directors, executives
Yin Tong Yuan Directors, executives

Shandong Chenming Paper Holdings Headlines

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