Shanghai Gench Education Group (HKSE:01525) Interest Expense : HK$-29 Mil (TTM As of Jun. 2024)

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What is Shanghai Gench Education Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Gench Education Group's interest expense for the six months ended in Jun. 2024 was HK$ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-29 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. Shanghai Gench Education Group's Operating Income for the six months ended in Jun. 2024 was HK$ 260 Mil. Shanghai Gench Education Group's Interest Expense for the six months ended in Jun. 2024 was HK$ -15 Mil. Shanghai Gench Education Group's Interest Coverage for the quarter that ended in Jun. 2024 was 17.54. 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.

Shanghai Gench Education Group Interest Expense Historical Data

The historical data trend for Shanghai Gench Education Group'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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Shanghai Gench Education Group Interest Expense Chart

Shanghai Gench Education Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-54.21

-66.10

-56.25

-28.00

-27.13

Shanghai Gench Education Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial										-14.66	-14.03	-12.76	-14.37	-14.81

Shanghai Gench Education Group 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$-29 Mil.

Shanghai Gench Education Group (HKSE:01525) 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.

Shanghai Gench Education Group's Interest Expense for the six months ended in Jun. 2024 was HK$-15 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$260 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$819 Mil.

Shanghai Gench Education Group'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	*	259.808	/	-14.809
	=	17.54

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

Shanghai Gench Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shanghai Gench Education Group Ltd (HKSE:01525) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1111, Huchenghuan Road, Pudong New Area, Shanghai, CHN

Website

http://www.genchedugroup.com

Shanghai Gench Education Group Ltd and its subsidiaries are engaged in providing undergraduate education and junior college educations. The group generates its revenue from tuition fees, boarding fees, and other education-related services. Geographically, the company generates all of its revenue from the People's Republic of China.

Executives

Jong Yat Kit (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
So Man Chun (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Everone (hong Kong) Company Limited	2101 Beneficial owner
Zhou Xingzeng
Zheng Xiangzhan
Ai Xin Limited	2101 Beneficial owner
Zhao Donghui	2201 Interest of corporation controlled by you
Changjiu Industrial Group Co., Ltd.	2201 Interest of corporation controlled by you
Fwin Limited	2101 Beneficial owner
Hangzhou Changqi Enterprise Management Consulting Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shanghai Jiuhao Enterprise Management Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Ze Ren Limited	2101 Beneficial owner
Xia Men Guo Mao Jiao Yu Ji Tuan You Xian Gong Si	2101 Beneficial owner

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