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Chongqing Wangcheng Technology Co (BJSE:830896) Interest Expense : ¥-1.3 Mil (TTM As of Mar. 2025)


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What is Chongqing Wangcheng Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chongqing Wangcheng Technology Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-1.3 Mil.

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. Chongqing Wangcheng Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥ 14.7 Mil. Chongqing Wangcheng Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.2 Mil. Chongqing Wangcheng Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 was 64.59. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chongqing Wangcheng Technology Co Interest Expense Historical Data

The historical data trend for Chongqing Wangcheng Technology Co's Interest Expense 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.

* Premium members only.

Chongqing Wangcheng Technology Co Interest Expense Chart

Chongqing Wangcheng Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.63 -8.45 -6.76 -3.37 -1.61

Chongqing Wangcheng Technology Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense 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 -0.51 -0.44 -0.50 -0.16 -0.23

Chongqing Wangcheng Technology Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.3 Mil.

* 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.

Chongqing Wangcheng Technology Co  (BJSE:830896) Interest Expense Explanation

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. The higher, the better.

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

Chongqing Wangcheng Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.2 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥14.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥46.1 Mil.

Chongqing Wangcheng Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*14.726/-0.228
=64.59

* 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.

Chongqing Wangcheng Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chongqing Wangcheng Technology Co Ltd (BJSE:830896) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 3, No. 4, Jingxi Road, Jingkouyuan, Shapingba District, Chongqing, CHN, 400033
Website
http://www.cwcgear.com
Chongqing Wangcheng Technology Co Ltd engages in research, development, production, and sales of friction materials for gears, clutches, and transmissions. It produces gears, clutches, and other products. The firm supplies its products in motorcycles, terrain vehicles, cars, wind power equipment, agricultural machines, and other fields.

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