Xingye Alloy Materials Group (HKSE:00505) Interest Expense : HK$-39 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Xingye Alloy Materials Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xingye Alloy Materials Group's interest expense for the six months ended in Dec. 2023 was HK$ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-39 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. Xingye Alloy Materials Group's Operating Income for the six months ended in Dec. 2023 was HK$ 140 Mil. Xingye Alloy Materials Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -15 Mil. Xingye Alloy Materials Group's Interest Coverage for the quarter that ended in Dec. 2023 was 9.14. 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.

Xingye Alloy Materials Group Interest Expense Historical Data

The historical data trend for Xingye Alloy Materials Group'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.

Xingye Alloy Materials Group Interest Expense Chart

Xingye Alloy Materials Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-36.95

-34.74

-42.89

-33.06

-35.06

Xingye Alloy Materials Group 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															-21.87	-12.23	-19.76	-15.29	-23.94

Xingye Alloy Materials Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-39 Mil.

Xingye Alloy Materials Group (HKSE:00505) 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.

Xingye Alloy Materials Group's Interest Expense for the six months ended in Dec. 2023 was HK$-15 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$140 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$167 Mil.

Xingye Alloy Materials Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	139.773	/	-15.291
	=	9.14

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

Xingye Alloy Materials Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xingye Alloy Materials Group Ltd (HKSE:00505) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

37-39 Hung To Road, Flat 11, 11th Floor, Hung Tai Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.xingyealloy.com

Xingye Alloy Materials Group Ltd is an investment holding company engaged in the copper products business. The principal activities of the company are the manufacturing and sales of high-precision copper plates and strips, trading of raw materials, provision of processing services, the management of a portfolio of investment and development, and operation and distribution of internet and mobile gaming products The company generates its revenue from Mainland China, South Korea, Hong Kong, Taiwan, Bangladesh, India, Thailand, and Other countries.

Executives

Hu Changyuan	2101 Beneficial owner
Yu Yuesu	2202 Interest of your spouse
Ma Jiafeng	2201 Interest of corporation controlled by you
Xie Shicai	2201 Interest of corporation controlled by you
Dynamic Empire Holdings Limited	2201 Interest of corporation controlled by you
Come Fortune International Limited	2101 Beneficial owner
Zedra Trust Company (singapore) Limited	2301 Trustee
Bostone Group Limited	2101 Beneficial owner

Xingye Alloy Materials Group Headlines

No Headlines