Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Interest Expense : HK$-3 Mil (TTM As of Dec. 2023)

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What is Xiamen Yan Palace Birds Nest Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiamen Yan Palace Birds Nest Industry Co's interest expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3 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. Xiamen Yan Palace Birds Nest Industry Co's Operating Income for the six months ended in Dec. 2023 was HK$ 299 Mil. Xiamen Yan Palace Birds Nest Industry Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Xiamen Yan Palace Birds Nest Industry Co's Interest Coverage for the quarter that ended in Dec. 2023 was 93.51. 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.

Xiamen Yan Palace Birds Nest Industry Co Interest Expense Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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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Xiamen Yan Palace Birds Nest Industry Co Interest Expense Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-5.79

-4.09

-1.83

-3.19

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Interest Expense	-5.79	-4.09	-1.83	-3.19

Xiamen Yan Palace Birds Nest Industry Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3 Mil.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Xiamen Yan Palace Birds Nest Industry Co's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$299 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$122 Mil.

Xiamen Yan Palace Birds Nest Industry Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	298.586	/	-3.193
	=	93.51

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xiamen Yan Palace Birds Nest Industry Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiamen Yan Palace Birds Nest Industry Co Ltd (HKSE:01497) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN

Website

http://www.yanzhiwu.com

Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.

Executives

Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong	2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen	2201 Interest of corporation controlled by you
Zheng Wenbin

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