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Xingfa Aluminium Holdings (HKSE:00098) Interest Expense : HK$-135 Mil (TTM As of Jun. 2024)


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What is Xingfa Aluminium Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xingfa Aluminium Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-135 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. Xingfa Aluminium Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 385 Mil. Xingfa Aluminium Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -55 Mil. Xingfa Aluminium Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 6.96. 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.


Xingfa Aluminium Holdings Interest Expense Historical Data

The historical data trend for Xingfa Aluminium Holdings'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.

Xingfa Aluminium Holdings Interest Expense Chart

Xingfa Aluminium Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -168.47 -119.09 -123.75 -155.08 -151.00

Xingfa Aluminium Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -77.72 -81.04 -71.45 -79.55 -55.42

Xingfa Aluminium Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-135 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.


Xingfa Aluminium Holdings  (HKSE:00098) 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.

Xingfa Aluminium Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-55 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$385 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$2,671 Mil.

Xingfa Aluminium Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*385.439/-55.417
=6.96

* 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.


Xingfa Aluminium Holdings Business Description

Traded in Other Exchanges
N/A
Address
Number 5, Zone D, Central Science and Technology Industrial Park, Sanshui District, Guangdong Province, Foshan City, CHN, 528137
Xingfa Aluminium Holdings Ltd is engaged in the manufacturing and sale of aluminum profiles which are used in construction and industrial materials. Its segments are Industrial aluminum profiles which manufacture and sell plain aluminum profiles, mainly for industrial usage. The construction aluminum profiles segment derives the majority of revenue from manufacturing and selling aluminum profiles with surface finishing, including anodic oxidation aluminum profiles, electrophoresis coating aluminum profiles, and powder coating aluminum profiles. All other segments include the revenue generated from processing service contracts related to aluminum products, the sale of office premises and residential properties, and the sale of aluminum panels, aluminum alloy, molds, and spare parts.
Executives
Guangxin (hong Kong) Investment Limited 2101 Beneficial owner
Guang Dong Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Guang Dong Sheng Guang Xin Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Law Yung Koon 2101 Beneficial owner
Lam Yuk Ying 2101 Beneficial owner
Guangxin Aluminium (hk) Limited 2101 Beneficial owner
Glorious Joy Limited 2201 Interest of corporation controlled by you
Liao Yuqing 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Li Shun You Xian Gong Si 2101 Beneficial owner
New Fortune Star Limited 2201 Interest of corporation controlled by you
Xi Xi Development Limited 2201 Interest of corporation controlled by you
China Lesso Group Holdings Limited 2201 Interest of corporation controlled by you
Lesso Group Holdings Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2201 Interest of corporation controlled by you

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