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Shanghai Realway Capital Assets Management Co (HKSE:01835) Interest Expense : HK$-2.57 Mil (TTM As of Jun. 2024)


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What is Shanghai Realway Capital Assets Management Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Realway Capital Assets Management Co's interest expense for the six months ended in Jun. 2024 was HK$ -1.34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-2.57 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. Shanghai Realway Capital Assets Management Co's Operating Income for the six months ended in Jun. 2024 was HK$ -1.75 Mil. Shanghai Realway Capital Assets Management Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -1.34 Mil. Shanghai Realway Capital Assets Management Co 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.


Shanghai Realway Capital Assets Management Co Interest Expense Historical Data

The historical data trend for Shanghai Realway Capital Assets Management 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.

Shanghai Realway Capital Assets Management Co Interest Expense Chart

Shanghai Realway Capital Assets Management Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.31 -0.17 -0.33 -0.57 -1.66

Shanghai Realway Capital Assets Management Co Semi-Annual Data
Dec15 Dec16 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 -0.13 -0.44 -0.44 -1.23 -1.34

Shanghai Realway Capital Assets Management 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$-2.57 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.


Shanghai Realway Capital Assets Management Co  (HKSE:01835) 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.

Shanghai Realway Capital Assets Management Co's Interest Expense for the six months ended in Jun. 2024 was HK$-1.34 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$3.52 Mil.

Shanghai Realway Capital Assets Management Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Shanghai Realway Capital Assets Management Co 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.


Shanghai Realway Capital Assets Management Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1198 Century Avenue, Unit 706-707, 7th Floor, Century Link Tower 1, Pudong New District, Shanghai, CHN, 200122
Shanghai Realway Capital Assets Management Co Ltd is an asset management company. It is a private fund manager specialising in the management of real estate and distressed asset investment funds in the PRC. The company manages two broad types of funds, namely fund(s) structured and managed for the purpose of directly investing in a specific real estate investment project and distressed asset project (Project Fund(s)); and flexible funds structured and managed, or co-managed, by the group which may invest in designated types of funds under the group's portfolio instead of making direct investment into investment projects and are permitted to invest in multiple investment projects indirectly through a number of funds at the same time (FOF(s)).
Executives
Zhu Lei 2101 Beneficial owner
Sun Jinyong 2101 Beneficial owner
Dai Yanmin 2101 Beneficial owner
Great Rainbow Investment Fund Series Spc (acting For And On Behalf Of Great Rainbow Series 1 Sp) 2101 Beneficial owner
Wu Jie
Yao Peifang
Gao Yue 2101 Beneficial owner
Yin Bo 2101 Beneficial owner
Wang Qiong 2101 Beneficial owner
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si
Wang Youlin 2101 Beneficial owner
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