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CNQC International Holdings (HKSE:01240) Interest Expense : HK$-295 Mil (TTM As of Jun. 2024)


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What is CNQC International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CNQC International Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -146 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-295 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. CNQC International Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 130 Mil. CNQC International Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -146 Mil. CNQC International Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 0.89. 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.


CNQC International Holdings Interest Expense Historical Data

The historical data trend for CNQC International 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.

* Premium members only.

CNQC International Holdings Interest Expense Chart

CNQC International Holdings Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.90 -187.14 -157.23 -238.06 -319.98

CNQC International Holdings Semi-Annual Data
Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -81.27 -156.80 -170.63 -149.35 -145.59

CNQC International 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-295 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.


CNQC International Holdings  (HKSE:01240) 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.

CNQC International Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-146 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$130 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$2,256 Mil.

CNQC International Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*130.034/-145.589
=0.89

* 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.


CNQC International Holdings Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Chiu Road, 8th floor, Enterprise Square Phase Three, Kowloon Bay, Hong Kong, HKG
CNQC International Holdings Ltd is involved in property development and operates through four segments. The Foundation and Construction - Hong Kong and Macau segment mainly provides foundation and construction work, labor, and machinery rental in Hong Kong and Macau. The Construction - Singapore and Southeast Asia segment offers construction work, sales of goods, labor, and equipment rental in Singapore and Southeast Asia. The Property Development - Singapore and Southeast Asia, and Property Development - Hong Kong segments focus on selling completed property units in Singapore, Southeast Asia, and Hong Kong.
Executives
Qingdao Zhixinda Enterprise Management Partnership(limited Partnership) 2201 Interest of corporation controlled by you
Qingdao Qingjian Holdings Co 2201 Interest of corporation controlled by you
Guotsing Holding Group Co. Ltd. 2201 Interest of corporation controlled by you
Du Bo 2201 Interest of corporation controlled by you
Du Dexiang 2201 Interest of corporation controlled by you
Shang Hai He Li Yuan Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Cnqc Development Limited 2101 Beneficial owner
Zuo Haibin 2101 Beneficial owner
Zhang Zhihua 2101 Beneficial owner

CNQC International Holdings Headlines

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