Zhaojin Mining Industry Co (HKSE:01818) Interest Expense : HK$-629 Mil (TTM As of Dec. 2023)

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What is Zhaojin Mining Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhaojin Mining Industry Co's interest expense for the six months ended in Dec. 2023 was HK$ -288 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-629 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. Zhaojin Mining Industry Co's Operating Income for the six months ended in Dec. 2023 was HK$ 1,401 Mil. Zhaojin Mining Industry Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -288 Mil. Zhaojin Mining Industry Co's Interest Coverage for the quarter that ended in Dec. 2023 was 4.86. 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.

Zhaojin Mining Industry Co Interest Expense Historical Data

The historical data trend for Zhaojin Mining Industry 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.

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Zhaojin Mining Industry Co Interest Expense Chart

Zhaojin Mining Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-736.84

-829.14

-744.31

-563.11

-628.81

Zhaojin Mining Industry Co 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															-334.67	-328.53	-250.13	-340.43	-288.39

Zhaojin Mining Industry 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-629 Mil.

Zhaojin Mining Industry Co (HKSE:01818) 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.

Zhaojin Mining Industry Co's Interest Expense for the six months ended in Dec. 2023 was HK$-288 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,401 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$10,892 Mil.

Zhaojin Mining Industry Co'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	*	1400.783	/	-288.385
	=	4.86

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

Zhaojin Mining Industry Co (HKSE:01818) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhaojin Mining Industry Co Ltd (HKSE:01818) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ZHAOF:USA ZVL:Germany

Address

1 Matheson Street, Times Square, 31st Floor, Tower Two, Causeway Bay, Hong Kong, HKG

Website

https://www.zhaojin.com.cn

Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The exploration, mining, ore processing, smelting, and sale of gold and other metallic products, is a large integrated mining enterprise specializing in the production of gold. It produces two kinds of gold products, Au9999 and Au9995 gold bullions under the brand Zhaojin. It has three reportable operating segments, the gold operations segment consists of gold mining and smelting operations; the copper operations segment consists of copper mining and smelting operations; the others segment comprises other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services and engineering design and consulting services.

Executives

Van Eck Associates Corporation	2102 Investment manager
Shan Dong Zhao Jin Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Shan Xiang Gang Guo Ji Kuang Ye You Xian Gong Si	2101 Beneficial owner
Fosun International Holdings Ltd.	2201 Interest of corporation controlled by you
Fosun International Limited	2201 Interest of corporation controlled by you
Guo Guangchang	2201 Interest of corporation controlled by you
Shanghai Fosun Industrial Investment Co., Ltd.	2201 Interest of corporation controlled by you
Shang Hai Yu Yuan Lv You Shang Cheng Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Vaneck Etf - Vaneck Gold Miners Etf	2101 Beneficial owner

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