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Gaodi Holdings (HKSE:01676) Interest Expense : HK$-2.4 Mil (TTM As of Jun. 2023)


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What is Gaodi Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gaodi Holdings's interest expense for the six months ended in Jun. 2023 was HK$ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-2.4 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. Gaodi Holdings's Operating Income for the six months ended in Jun. 2023 was HK$ -163.1 Mil. Gaodi Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$ -2.4 Mil. Gaodi Holdings 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.


Gaodi Holdings Interest Expense Historical Data

The historical data trend for Gaodi 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.

* Premium members only.

Gaodi Holdings Interest Expense Chart

Gaodi Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial - - -0.25 -0.53 -1.91

Gaodi Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 -0.44 -0.81 -1.09 -0.60 -2.42

Gaodi 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-2.4 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.


Gaodi Holdings  (HKSE:01676) 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.

Gaodi Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$-2.4 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$-163.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$23.7 Mil.

Gaodi Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Gaodi Holdings 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.


Gaodi Holdings (HKSE:01676) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No. 5 Factory Meixi Road, Huandong Waters Tongon District, Huli Industrial Park, Fujian Province, Xiamen, CHN
China Shenghai Group Ltd is engaged in the packaging and sales of seafood products and procurement and sales of fast moving consumer goods and others to the supermarket chains and convenience stores located across China. The company's products are categorized into dried seafood, algae and fungi, seafood snack and frozen seafood products. It has also developed new business on FMCG and cosmetics in Hong Kong and China. Its operating segments include packaging and sales of marine products segment and all other segment. It derives majority of the revenue from packaging and sales of marine products segment.
Executives
Foton Holdings Limited 2101 Beneficial owner
Yang Liqiong 2101 Beneficial owner
Ultima Prime Investment Limited 2501 Other
Arab Osman Mohammed 2104 Agent
Lai Wing Lun 2104 Agent
Rui Qi You Xian Gong Si 2101 Beneficial owner
Lau Shek Yau John 2101 Beneficial owner
Lin Yueying 2202 Interest of your spouse
Liu Rongru 2201 Interest of corporation controlled by you

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