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China Jinmao Holdings Group (HKSE:00817) Interest Expense : HK$-3,297 Mil (TTM As of Dec. 2023)


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What is China Jinmao Holdings Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Jinmao Holdings Group's interest expense for the six months ended in Dec. 2023 was HK$ -1,712 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3,297 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 Jinmao Holdings Group's Operating Income for the six months ended in Dec. 2023 was HK$ 1,148 Mil. China Jinmao Holdings Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -1,712 Mil. China Jinmao Holdings Group's Interest Coverage for the quarter that ended in Dec. 2023 was 0.67. 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 Jinmao Holdings Group Interest Expense Historical Data

The historical data trend for China Jinmao Holdings 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.

China Jinmao Holdings Group Interest Expense Chart

China Jinmao Holdings Group 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 -2,526.80 -3,232.65 -3,413.41 -3,027.55 -3,296.51

China Jinmao Holdings Group 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 -1,536.35 -1,588.37 -1,514.36 -1,585.00 -1,711.51

China Jinmao Holdings 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$-3,297 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 Jinmao Holdings Group  (HKSE:00817) 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 Jinmao Holdings Group's Interest Expense for the six months ended in Dec. 2023 was HK$-1,712 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,148 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$114,231 Mil.

China Jinmao Holdings 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*1148.081/-1711.512
=0.67

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Jinmao Holdings Group Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


China Jinmao Holdings Group (HKSE:00817) Business Description

Traded in Other Exchanges
Address
No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Hua Xiang Gang Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Zhong Hua Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si 2501 Other
Ping An Of China Asset Management (hong Kong) Company Limited
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd. 2201 Interest of corporation controlled by you
New China Asset Management (hong Kong) Limited 2201 Interest of corporation controlled by you

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