Mingfa Group (International) Co (HKSE:00846) Interest Expense : HK$-1 Mil (TTM As of Dec. 2024)

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What is Mingfa Group (International) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mingfa Group (International) Co's interest expense for the six months ended in Dec. 2024 was HK$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-1 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. Mingfa Group (International) Co's Operating Income for the six months ended in Dec. 2024 was HK$ -739 Mil. Mingfa Group (International) Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -0 Mil. Mingfa Group (International) Co 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.

Mingfa Group (International) Co Interest Expense Historical Data

The historical data trend for Mingfa Group (International) 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.

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Mingfa Group (International) Co Interest Expense Chart

Mingfa Group (International) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-7.01

-5.28

-2.89

-1.66

-1.07

Mingfa Group (International) Co Semi-Annual Data
	Dec14	Jun15	Dec15	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															-1.31	-0.89	-0.77	-0.59	-0.49

Mingfa Group (International) 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1 Mil.

Mingfa Group (International) Co (HKSE:00846) 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.

Mingfa Group (International) Co's Interest Expense for the six months ended in Dec. 2024 was HK$-0 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-739 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$1,961 Mil.

Mingfa Group (International) Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Mingfa Group (International) Co did not have earnings to cover the interest expense.

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

Mingfa Group (International) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mingfa Group (International) Co Ltd (HKSE:00846) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 88 Pudong North Road, Jiangsu Mingfa Business Park, Pukou, Jiangsu Province, Nanjing, CHN

Website

https://www.ming-fa.com

Mingfa Group (International) Co Ltd is an investment holding company. The principal activities of the Company include property development, leasing, and hotel management. The company's operating segment includes property development, hotel, property investment and management, and others. Property Development segment is engaged in real estate development and is further subdivided into commercial and residential. The Hotel segment is engaged in a hotel operation. Its Property investment and management segment invests in properties for their rental income potential and for capital appreciation and provides management. The company generates maximum revenue from the property development segment. Geographically, it derives revenue from the PRC.

Executives

Growing Group Limited	2201 Interest of corporation controlled by you
Chen Bihua	2201 Interest of corporation controlled by you
Galaxy Earnest Limited	2101 Beneficial owner
Wong Wun Ming	2201 Interest of corporation controlled by you

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