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Zhaojin Mining Industry Co (HKSE:01818) Interest Expense : HK$-573 Mil (TTM As of Jun. 2024)


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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 Jun. 2024 was HK$ -284 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-573 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 Jun. 2024 was HK$ 1,441 Mil. Zhaojin Mining Industry Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -284 Mil. Zhaojin Mining Industry Co's Interest Coverage for the quarter that ended in Jun. 2024 was 5.06. 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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only -736.84 -829.14 -744.31 -563.11 -628.81

Zhaojin Mining Industry Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -328.53 -250.13 -340.43 -288.39 -284.43

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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-573 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.


Zhaojin Mining Industry Co  (HKSE:01818) 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.

Zhaojin Mining Industry Co's Interest Expense for the six months ended in Jun. 2024 was HK$-284 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$1,441 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$13,295 Mil.

Zhaojin Mining Industry Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1440.507/-284.43
=5.06

* 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.


Zhaojin Mining Industry Co Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Times Square, 31st Floor, Tower Two, Causeway Bay, Hong Kong, HKG
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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