China Gas Holdings (HKSE:00384) Interest Expense : HK$-1,956 Mil (TTM As of Sep. 2024)

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What is China Gas Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Gas Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -829 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-1,956 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. China Gas Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ 3,165 Mil. China Gas Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -829 Mil. China Gas Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 3.82. 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.

China Gas Holdings Interest Expense Historical Data

The historical data trend for China Gas 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.

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China Gas Holdings Interest Expense Chart

China Gas Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1,387.92

-1,418.78

-1,456.53

-1,855.36

-2,121.75

China Gas Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-815.11	-1,040.25	-994.47	-1,127.28	-828.74

China Gas 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,956 Mil.

China Gas Holdings (HKSE:00384) Interest Expense Explanation

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

China Gas Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-829 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$3,165 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$40,141 Mil.

China Gas Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	3164.969	/	-828.74
	=	3.82

The higher the ratio, the stronger the company's financial strength is.

China Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Holdings Ltd (HKSE:00384) » Definitions » Interest Expense

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CGHOF:USA CGHLY:USA EBZ:Germany

Address

188 Meiyuan Road, China Gas Building, Luohu District, Guangdong Province, Shenzhen, CHN

Website

https://www.chinagasholdings.com.hk

China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2024 (ended March 31, 2024), the group had secured a total of 662 piped gas concessions, 516 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 119 LPG distribution projects in China. In total, CGH has connected 47.1 million residential households and achieved a penetration rate of 70.9%.

Executives

Liu Ming Hui	2101 Beneficial owner
Beijing Enterprises Group Company Limited
Beijing Enterprises Holdings Limited
Chiu Tat Jung Daniel	2201 Interest of corporation controlled by you
First Level Holdings Limited	2201 Interest of corporation controlled by you
Fortune Dynasty Holdings Limited	2201 Interest of corporation controlled by you
Fortune Oil Limited	2201 Interest of corporation controlled by you
Fortune Oil Prc Holdings Limited	2101 Beneficial owner
Joint Coast Alliance Market Development Limited	2201 Interest of corporation controlled by you
China Gas Group Limited	2101 Beneficial owner

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