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Huazhang Technology Holding (HKSE:01673) Interest Expense : HK$-5.0 Mil (TTM As of Dec. 2023)


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What is Huazhang Technology Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huazhang Technology Holding's interest expense for the six months ended in Dec. 2023 was HK$ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-5.0 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. Huazhang Technology Holding's Operating Income for the six months ended in Dec. 2023 was HK$ -19.3 Mil. Huazhang Technology Holding's Interest Expense for the six months ended in Dec. 2023 was HK$ -2.2 Mil. Huazhang Technology Holding 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.


Huazhang Technology Holding Interest Expense Historical Data

The historical data trend for Huazhang Technology Holding'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.

Huazhang Technology Holding Interest Expense Chart

Huazhang Technology Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.50 -11.47 -22.76 -23.13 -9.28

Huazhang Technology Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -12.68 -11.00 -6.58 -2.83 -2.16

Huazhang Technology Holding 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$-5.0 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.


Huazhang Technology Holding  (HKSE:01673) 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.

Huazhang Technology Holding's Interest Expense for the six months ended in Dec. 2023 was HK$-2.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-19.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.9 Mil.

Huazhang Technology Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Huazhang Technology Holding 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.


Huazhang Technology Holding (HKSE:01673) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Xiangyuan Road, Room 1101, Block 2, Canal Advertising Industry Building, Gongshu District , Zhejiang Province, Hangzhou, CHN
Huazhang Technology Holding Ltd is principally engaged in the research, development, manufacture, and sale of paper-making products in the People's Republic of China. The company operates through four segments. Its Industrial products segment includes paper-making-related production machines. The Project contracting services segment is a key revenue driver, which consists of system integration of complete-set paper-making equipment. Its Environmental products segment provides complete treatment for wastewater, sludge, solid waste and others. The company's Supporting services segment relates to the after-sale and maintenance services, the sale of paper-making equipment parts, and other services. It generates maximum revenue from Industrial products segment.
Executives
Shi Chenghu
Dao He Investment Limited 2105 Underwriter
Fang Hui 2201 Interest of corporation controlled by you
Wang Ai Yan
Kaiser Financing Company Limited 2101 Beneficial owner
Yeung Yun Chuen 2201 Interest of corporation controlled by you
Yeung Wai 2201 Interest of corporation controlled by you
Yan Kam Cheong 2201 Interest of corporation controlled by you
Wealthy Land Investments Group Limited 2101 Beneficial owner
Fang Hui 2101 Beneficial owner
Swift Fortune Holdings Limited 2101 Beneficial owner
Rosy Ease Limited 2201 Interest of corporation controlled by you
Gain Channel Limited 2201 Interest of corporation controlled by you
F&l Holding (hk) Limited 2301 Trustee
Lian Shun Limited

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