GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Electronics Optics Valley Union Holding Co Ltd (HKSE:00798) » Definitions » Interest Expense

China Electronics Optics Valley Union Holding Co (HKSE:00798) Interest Expense : HK$-342 Mil (TTM As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is China Electronics Optics Valley Union Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Electronics Optics Valley Union Holding Co's interest expense for the six months ended in Dec. 2023 was HK$ -220 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-342 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 Electronics Optics Valley Union Holding Co's Operating Income for the six months ended in Dec. 2023 was HK$ 842 Mil. China Electronics Optics Valley Union Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -220 Mil. China Electronics Optics Valley Union Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 was 3.83. 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 Electronics Optics Valley Union Holding Co Interest Expense Historical Data

The historical data trend for China Electronics Optics Valley Union Holding Co'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.

China Electronics Optics Valley Union Holding Co Interest Expense Chart

China Electronics Optics Valley Union Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -292.89 -283.87 -329.64 -298.31 -342.45

China Electronics Optics Valley Union Holding Co 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 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 -201.56 -158.53 -147.28 -122.67 -219.79

China Electronics Optics Valley Union Holding Co 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$-342 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.


China Electronics Optics Valley Union Holding Co  (HKSE:00798) 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.

China Electronics Optics Valley Union Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$-220 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$842 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$5,035 Mil.

China Electronics Optics Valley Union Holding Co'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*842.05/-219.785
=3.83

* 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.


China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Traded in Other Exchanges
N/A
Address
16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN
China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.
Executives
Huang Liping 2201 Interest of corporation controlled by you
Aaa Finance And Investment Holdings Limited 2101 Beneficial owner
China Electronics Corporation Limited 2201 Interest of corporation controlled by you
Hubei Science & Technology Investment Group (hong Kong) Company Limited 2101 Beneficial owner
Hubei Science & Technology Investment Group Co., Ltd. 2201 Interest of corporation controlled by you

China Electronics Optics Valley Union Holding Co (HKSE:00798) Headlines

No Headlines