GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tianbao Group Development Co Ltd (HKSE:01427) » Definitions » Interest Expense

China Tianbao Group Development Co (HKSE:01427) Interest Expense : HK$-78 Mil (TTM As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is China Tianbao Group Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Tianbao Group Development Co's interest expense for the six months ended in Jun. 2024 was HK$ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-78 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 Tianbao Group Development Co's Operating Income for the six months ended in Jun. 2024 was HK$ 5 Mil. China Tianbao Group Development Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -41 Mil. China Tianbao Group Development Co's Interest Coverage for the quarter that ended in Jun. 2024 was 0.13. 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 Tianbao Group Development Co Interest Expense Historical Data

The historical data trend for China Tianbao Group Development 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.

* Premium members only.

China Tianbao Group Development Co Interest Expense Chart

China Tianbao Group Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -44.67 -71.01 -79.14 -78.20 -78.11

China Tianbao Group Development Co Semi-Annual Data
Dec16 Dec17 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 -44.26 -32.16 -46.05 -40.87 -37.58

China Tianbao Group Development 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-78 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 Tianbao Group Development Co  (HKSE:01427) 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 Tianbao Group Development Co's Interest Expense for the six months ended in Jun. 2024 was HK$-41 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$546 Mil.

China Tianbao Group Development Co'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*5.278/-40.874
=0.13

* 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 Tianbao Group Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Guanyun East Road, Hebei Province, Zhuozhou, CHN
China Tianbao Group Development Co Ltd is a property developer and construction company in Zhuozhou, a city in Hebei Province, China. The group operates through two segments: Property development and other business; and construction contracting businesses. The property development business is engaged in the development and sales of residential properties, and leasing and operation of an investment property. The construction contracting business provides construction contracting services mainly as a general contractor for building construction projects, infrastructure construction projects, and industrial and commercial construction projects.
Executives
Adm Investment Management Limited 2201 Interest of corporation controlled by you
Adm Galleus Fund I Limited 2201 Interest of corporation controlled by you
Long You Xian Gong Si 2106 Person having a security interest in shares
Jixiang International Industrial Company Limited 2101 Beneficial owner
Li Baotian 2201 Interest of corporation controlled by you
Zhou Chunlan 2202 Interest of your spouse
Adm Galleus Fund Ii Limited 2201 Interest of corporation controlled by you
Eighty Eight Dragons Limited 2101 Beneficial owner
Utah Retirement Systems 2201 Interest of corporation controlled by you
Utah State Retirement Investment Fund 2201 Interest of corporation controlled by you
Ai Xinting 2101 Beneficial owner

China Tianbao Group Development Co Headlines

No Headlines