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China HK Power Smart Energy Group (HKSE:00931) Interest Expense : HK$-33.8 Mil (TTM As of Sep. 2023)


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What is China HK Power Smart Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China HK Power Smart Energy Group's interest expense for the six months ended in Sep. 2023 was HK$ -15.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-33.8 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 HK Power Smart Energy Group's Operating Income for the six months ended in Sep. 2023 was HK$ -43.2 Mil. China HK Power Smart Energy Group's Interest Expense for the six months ended in Sep. 2023 was HK$ -15.7 Mil. China HK Power Smart Energy Group 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 HK Power Smart Energy Group Interest Expense Historical Data

The historical data trend for China HK Power Smart Energy 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 HK Power Smart Energy Group Interest Expense Chart

China HK Power Smart Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -32.69 -7.80 -11.10 -34.86

China HK Power Smart Energy Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -14.29 3.19 -16.80 -18.06 -15.70

China HK Power Smart Energy 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-33.8 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 HK Power Smart Energy Group  (HKSE:00931) 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 HK Power Smart Energy Group's Interest Expense for the six months ended in Sep. 2023 was HK$-15.7 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-43.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$541.2 Mil.

China HK Power Smart Energy Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

China HK Power Smart Energy Group did not have earnings to cover the interest expense.

* 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 HK Power Smart Energy Group (HKSE:00931) Business Description

Traded in Other Exchanges
N/A
Address
33 Garden Road, St. John's Building, 8th Floor, Central, Hong Kong, HKG
China HK Power Smart Energy Group Ltd Formerly China LNG Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include financial services through finance leasing services for LNG vehicles, vessels, and equipment, provision of LNG in the downstream market, provision of commercial vehicle platform services, trading of securities, properties investment, and financial services through the provision of money lending business & LNG business which is Sales & distribution of LNG including wholesale of LNG, point-to-point supply of LNG, LNG pipeline network and provision of LNG logistic services in the PRC. The majority of revenue is from LNG business.
Executives
Kan Che Kin Billy Albert 2101 Beneficial owner

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