Haina Intelligent Equipment International Holdings (HKSE:01645) Interest Expense : HK$-1.7 Mil (TTM As of Dec. 2023)

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What is Haina Intelligent Equipment International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Haina Intelligent Equipment International Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.7 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. Haina Intelligent Equipment International Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 0.2 Mil. Haina Intelligent Equipment International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.8 Mil. Haina Intelligent Equipment International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.23. 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.

Haina Intelligent Equipment International Holdings Interest Expense Historical Data

The historical data trend for Haina Intelligent Equipment International Holdings'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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Haina Intelligent Equipment International Holdings Interest Expense Chart

Haina Intelligent Equipment International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.13

-1.53

-1.98

-2.44

-1.68

Haina Intelligent Equipment International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-1.21	-1.35	-1.16	-0.84	-0.84

Haina Intelligent Equipment International Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1.7 Mil.

Haina Intelligent Equipment International Holdings (HKSE:01645) 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.

Haina Intelligent Equipment International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$0.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$11.3 Mil.

Haina Intelligent Equipment International Holdings'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	*	0.191	/	-0.836
	=	0.23

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

Haina Intelligent Equipment International Holdings (HKSE:01645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haina Intelligent Equipment International Holdings Ltd (HKSE:01645) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuli Technology Park, Economic Development Area, Fujian Province, Jinjiang, CHN

Website

https://www.haina-intelligent.com

Haina Intelligent Equipment International Holdings Ltd is an investment holding company. It is engaged in design and production of automated machines for manufacturing disposable hygiene products, including baby diapers, adult diapers, and lady sanitary napkins in the PRC. The company provides comprehensive services to its customers, from collaborating with customers on product designs and customizing its products based on specifications provided by customers, conducting quality control, delivering products to customers, installing products for customers, and providing after-sales services. Its geographical segments are China, South Korea, Indonesia, Uzbekistan, Vietnam, Thailand, Dubai, Bangladesh, Angola, Pakistan, Cambodia, and other countries.

Executives

Chang Chi Hsung	2201 Interest of corporation controlled by you
He Ziping
Hong Yiyuan
Su Chengya
Zhang Zhixiong
Prestige Name International Limited	2101 Beneficial owner

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