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Aowei Holding (HKSE:01370) Interest Expense : HK$-65.5 Mil (TTM As of Dec. 2024)


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What is Aowei Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aowei Holding's interest expense for the six months ended in Dec. 2024 was HK$ -32.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-65.5 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. Aowei Holding's Operating Income for the six months ended in Dec. 2024 was HK$ -26.5 Mil. Aowei Holding's Interest Expense for the six months ended in Dec. 2024 was HK$ -32.4 Mil. Aowei Holding 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.


Aowei Holding Interest Expense Historical Data

The historical data trend for Aowei Holding'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.

Aowei Holding Interest Expense Chart

Aowei Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.26 -42.40 -30.96 -62.43 -65.24

Aowei Holding Semi-Annual Data
Jun15 Dec15 Jun16 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 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 -12.35 -28.95 -33.48 -33.07 -32.45

Aowei Holding 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$-65.5 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.


Aowei Holding  (HKSE:01370) 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.

Aowei Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-32.4 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-26.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$255.2 Mil.

Aowei Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Aowei Holding 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.


Aowei Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 91 Guangping Avenue, Laiyuan County, Hebei Province, Baoding, CHN, 074300
Aowei Holding Ltd is engaged in the exploration, mining, processing, and trading of iron ore products and the provision of hospital management service in the People's Republic of China (PRC). The company owns and operates mines that are located in the Hebei Province, through which it produces iron ore and steel in the PRC. Its product offering includes iron ores, and iron ore concentrates that are processed at Gufen Mine, Wang'ergou Mine and Shuanmazhuang Mine and preliminary concentrates and iron ores processed at and recovered from Zhijiazhuang Mine. Its segments include Mining segment and Medical segment. The company generates majority of its from Mining segment.
Executives
Aowei International Developments Limited 2101 Beneficial owner
Hengshi Holdings Limited 2201 Interest of corporation controlled by you
Hengshi International Investments Limited 2101 Beneficial owner
Leung Hongying Li Ziwei 2307 Founder of a discretionary trust who can infl
Li Yanjun 2103 Interests held jointly with another person
Trident Trust Company (hk) Limited 2301 Trustee
Chak Limited 2201 Interest of corporation controlled by you
Credit Suisse Trust Limited 2301 Trustee
Seven Limited 2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited 2106 Person having a security interest in shares
Huarong International Financial Holdings Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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