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Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Interest Expense : HK$-8 Mil (TTM As of Dec. 2024)


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What is Qinqin Foodstuffs Group (Cayman) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qinqin Foodstuffs Group (Cayman) Co's interest expense for the six months ended in Dec. 2024 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-8 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. Qinqin Foodstuffs Group (Cayman) Co's Operating Income for the six months ended in Dec. 2024 was HK$ -23 Mil. Qinqin Foodstuffs Group (Cayman) Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -3 Mil. Qinqin Foodstuffs Group (Cayman) Co did not have earnings to cover the interest expense. 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.


Qinqin Foodstuffs Group (Cayman) Co Interest Expense Historical Data

The historical data trend for Qinqin Foodstuffs Group (Cayman) 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.

Qinqin Foodstuffs Group (Cayman) Co Interest Expense Chart

Qinqin Foodstuffs Group (Cayman) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -3.53 -3.25 -10.52 -7.70

Qinqin Foodstuffs Group (Cayman) Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.35 -4.87 -5.65 -4.36 -3.38

Qinqin Foodstuffs Group (Cayman) 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-8 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.


Qinqin Foodstuffs Group (Cayman) Co  (HKSE:01583) 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.

Qinqin Foodstuffs Group (Cayman) Co's Interest Expense for the six months ended in Dec. 2024 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$153 Mil.

Qinqin Foodstuffs Group (Cayman) Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Qinqin Foodstuffs Group (Cayman) Co did not have earnings to cover the interest expense.

* 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.


Qinqin Foodstuffs Group (Cayman) Co Business Description

Traded in Other Exchanges
N/A
Address
Wuli Industrial Park, Fujian Province, Jinjiang City, CHN
Qinqin Foodstuffs Group (Cayman) Co Ltd is an investment holding company. Along with its subsidiaries, it manufactures, distributes, and sells food and snack products in China. The group's reportable operating segments are Jelly products, Crackers and chips, Seasoning products, and Confectionery and other products. Maximum revenue is generated from its Jelly products segment. Geographically, the group generates a majority of its revenue from the People's Republic of China.
Executives
Sure Wonder Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Tin Lee Investments Limited
Hang Seng Bank (trustee) Limited 2301 Trustee
Sze Man Bok
Credit Suisse Trust Limited 2301 Trustee
Seletar Limited 2306 Nominee for another person
Serangoon Limited 2306 Nominee for another person
Tin Wing Holdings Limited 2201 Interest of corporation controlled by you

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