Shanghai Industrial Urban Development Group (HKSE:00563) Interest Expense : HK$-549 Mil (TTM As of Dec. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Shanghai Industrial Urban Development Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Industrial Urban Development Group's interest expense for the six months ended in Dec. 2024 was HK$ -267 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-549 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. Shanghai Industrial Urban Development Group's Operating Income for the six months ended in Dec. 2024 was HK$ 970 Mil. Shanghai Industrial Urban Development Group's Interest Expense for the six months ended in Dec. 2024 was HK$ -267 Mil. Shanghai Industrial Urban Development Group's Interest Coverage for the quarter that ended in Dec. 2024 was 3.63. 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.

Shanghai Industrial Urban Development Group Interest Expense Historical Data

The historical data trend for Shanghai Industrial Urban Development 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.

Shanghai Industrial Urban Development Group Interest Expense Chart

Shanghai Industrial Urban Development Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-702.60

-719.38

-682.93

-687.78

-549.27

Shanghai Industrial Urban Development Group 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															-352.73	-363.85	-323.93	-282.27	-267.01

Shanghai Industrial Urban Development 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-549 Mil.

Shanghai Industrial Urban Development Group (HKSE:00563) 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.

Shanghai Industrial Urban Development Group's Interest Expense for the six months ended in Dec. 2024 was HK$-267 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$970 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$9,443 Mil.

Shanghai Industrial Urban Development Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	969.808	/	-267.007
	=	3.63

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

Shanghai Industrial Urban Development Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Industrial Urban Development Group Ltd (HKSE:00563) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 5 Queen’s Road Central, 11th Floor, Henley Building, Hong Kong, HKG

Website

https://www.siud.com

Shanghai Industrial Urban Development Group Ltd serves its parent company, Shanghai Industrial Group, as an integrated real estate business platform operating in China. The group invests in real estate developments and operations in China. The group focuses its business on high-quality properties targeting urbanites and businesses. The company has projects in first, second, and third-tier cities. Some of the company's projects include high-end residential communities, office buildings, shopping arcades, hotels, and apartments. The company generates revenue from the sales of properties, rental income from the leasing of properties, service income from property management, and revenue from hotel operations. A majority of the company's revenue comes from the sale of properties in China.

Executives

Shanghai Industrial Investment (holdings) Company Limited
Shanghai Industrial Holdings Limited

Shanghai Industrial Urban Development Group Headlines

No Headlines