China Financial Services Holdings (HKSE:00605) Interest Expense : HK$-3.5 Mil (TTM As of Dec. 2023)

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What is China Financial Services Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Financial Services Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -1.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3.5 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 Financial Services Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -9.4 Mil. China Financial Services Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -1.8 Mil. China Financial Services Holdings did not have earnings to cover the interest expense. 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 Financial Services Holdings Interest Expense Historical Data

The historical data trend for China Financial Services 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 Financial Services Holdings Interest Expense Chart

China Financial Services Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-29.04

-26.78

-25.24

-15.73

-3.48

China Financial Services Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-12.06	-11.04	-4.69	-1.63	-1.85

China Financial Services 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-3.5 Mil.

China Financial Services Holdings (HKSE:00605) 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 Financial Services Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-1.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-9.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$13.4 Mil.

China Financial Services Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

China Financial Services Holdings did not have earnings to cover the interest expense.

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

China Financial Services Holdings (HKSE:00605) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Financial Services Holdings Ltd (HKSE:00605) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 18 Harbour Road, Suite 5606, 56th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.cfsh.com.hk

China Financial Services Holdings Ltd is a non-bank financial service provider. The company is involved in providing customized financial services and solutions to small and medium-sized enterprises (SMEs). It is primarily engaged in the direct loan, financial guarantee and financial advisory businesses. The company finances its direct loan services using its own capital. In view of helping SMEs to obtain a loan from financial institutions, the company provides financial guarantee services through its financial guarantee company. Geographically, it has operations in Hong Kong, China, and the United Kingdom. Most of the group's revenue is generated from China.

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