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Greenland Hong Kong Holdings (HKSE:00337) Interest Expense : HK$-384 Mil (TTM As of Jun. 2024)


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What is Greenland Hong Kong Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenland Hong Kong Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -133 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-384 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. Greenland Hong Kong Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 498 Mil. Greenland Hong Kong Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -133 Mil. Greenland Hong Kong Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 3.74. 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.


Greenland Hong Kong Holdings Interest Expense Historical Data

The historical data trend for Greenland Hong Kong 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.

Greenland Hong Kong Holdings Interest Expense Chart

Greenland Hong Kong Holdings 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 -327.67 -311.96 -147.70 -109.43 -382.95

Greenland Hong Kong Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -37.62 -78.01 -31.42 -133.12 -250.93

Greenland Hong Kong 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$-384 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.


Greenland Hong Kong Holdings  (HKSE:00337) 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.

Greenland Hong Kong Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-133 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$498 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$4,355 Mil.

Greenland Hong Kong 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*498.344/-133.12
=3.74

* 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.


Greenland Hong Kong Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 193, Xiehe Road, Changning District, Shanghai, CHN
Greenland Hong Kong Holdings Ltd is a real estate development company that operates in China and has a presence in several countries internationally. The Group has four reportable segments, Sales of properties; Lease of properties; Hotel and related services; and Property management and other services. The majority is from the Sales of properties segment which includes the development and sales of residential properties. Geographically, the Group mainly operates in the PRC.
Executives
Hsbc International Trustee Limited 2301 Trustee
Wang Xuling 2305 Beneficiary of a trust
Brilliant Bright Investment Limited 2201 Interest of corporation controlled by you
Wang Weixian 2307 Founder of a discretionary trust who can infl
Spg Investment Holdings Ltd 2101 Beneficial owner
Reach Top Holding Limited 2201 Interest of corporation controlled by you

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