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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Interest Expense : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's interest expense for the six months ended in Dec. 2023 was HK$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.0 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. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Operating Income for the six months ended in Dec. 2023 was HK$ 27.0 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Interest Expense for the six months ended in Dec. 2023 was HK$ 0.0 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Interest Expense Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Interest Expense Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.84 - -0.90 -0.01 -

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 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 -0.48 -0.01 - - -

Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 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.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co  (HKSE:01379) 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Interest Expense for the six months ended in Dec. 2023 was HK$0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$27.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co had no long-term debt (1).

* 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.

Good Sign:

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd has no debt.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Traded in Other Exchanges
N/A
Address
Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN
Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.
Executives
Jia Xing Yuan Tai Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Xiang Gang Lei Gen Tou Zi Zhong Xin You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Qian Jiang Mo Tuo Gu Fen You Xian Gong Si 2101 Beneficial owner
Wan Bang De Hang Zhou Tou Zi Guan Li You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Zhong Ma Chuan Dong Gu Fen You Xian Gong Si 2101 Beneficial owner
Xin Jie Beng Ye Zhe Jiang You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Jie Beng Ye Xiang Gang You Xian Gong Si 2101 Beneficial owner
Wen Ling Long Xi Qi Ye Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Han Yi 2101 Beneficial owner

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