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XiangXing International Holding (HKSE:01732) Interest Expense : HK$-0.1 Mil (TTM As of Dec. 2024)


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What is XiangXing International Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XiangXing International Holding's interest expense for the six months ended in Dec. 2024 was HK$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0.1 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. XiangXing International Holding's Operating Income for the six months ended in Dec. 2024 was HK$ 11.7 Mil. XiangXing International Holding's Interest Expense for the six months ended in Dec. 2024 was HK$ -0.0 Mil. XiangXing International Holding's Interest Coverage for the quarter that ended in Dec. 2024 was 316.65. 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.


XiangXing International Holding Interest Expense Historical Data

The historical data trend for XiangXing International 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.

XiangXing International Holding Interest Expense Chart

XiangXing International Holding 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 -0.31 -0.92 -0.73 -0.26 -0.07

XiangXing International Holding Semi-Annual Data
Dec14 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 -0.31 -0.14 -0.12 -0.04 -0.04

XiangXing International 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.1 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.


XiangXing International Holding  (HKSE:01732) 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.

XiangXing International Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-0.0 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$11.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$0.1 Mil.

XiangXing International Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*11.716/-0.037
=316.65

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. XiangXing International Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.


XiangXing International Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Jiangang Road, Xiamen Area (Bonded Port), China (Fujian) Pilot Free Trade Zone, Haicang District, Fujian Province, Xiamen City, CHN
XiangXing International Holding Ltd is an investment holding company. The operating segments of the group are Import and export agency services; Container and stone blocks road freight forwarding services; Intra-port ancillary services; Intra-port container transportation services; and Trading of building materials and automobile accessories. Geographically, the operations of the company are carried out in the PRC.
Executives
Cheng Youguo 2201 Interest of corporation controlled by you
Glory Fame Venture Limited 2101 Beneficial owner
Huang Meili 2202 Interest of your spouse

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