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Jujiang Construction Group Co (HKSE:01459) Interest Expense : HK$-38 Mil (TTM As of Jun. 2024)


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What is Jujiang Construction Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jujiang Construction Group Co's interest expense for the six months ended in Jun. 2024 was HK$ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-38 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. Jujiang Construction Group Co's Operating Income for the six months ended in Jun. 2024 was HK$ 88 Mil. Jujiang Construction Group Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -18 Mil. Jujiang Construction Group Co's Interest Coverage for the quarter that ended in Jun. 2024 was 5.01. 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.


Jujiang Construction Group Co Interest Expense Historical Data

The historical data trend for Jujiang Construction Group 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.

Jujiang Construction Group Co Interest Expense Chart

Jujiang Construction Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.42 -51.46 -45.79 -42.73 -41.14

Jujiang Construction Group Co Semi-Annual Data
Dec14 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 -20.15 -23.53 -20.22 -20.92 -17.53

Jujiang Construction Group 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$-38 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.


Jujiang Construction Group Co  (HKSE:01459) 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.

Jujiang Construction Group Co's Interest Expense for the six months ended in Jun. 2024 was HK$-18 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$88 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$131 Mil.

Jujiang Construction Group 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*87.81/-17.534
=5.01

* 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.


Jujiang Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 669 Qingfeng South Road (South), Zhejiang Province, Tongxiang, CHN, 314500
Jujiang Construction Group Co Ltd is a civil engineering company. It provides construction contracting services for residential, commercial, industrial, and public works in the People's Republic of China. Its operating business segments are the Construction contracting segment, which is engaged in the provision of services relating to construction contracting in architecture; and the Others segment is engaged in the provision of services on designing, surveying, and consulting relating to construction contracting in architecture, and sale of civil defense products. The company generates the vast majority of its revenue from the Construction contracting segment in Mainland China.

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