Haitian International Holdings (HKSE:01882) Interest Expense : HK$-70 Mil (TTM As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Haitian International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Haitian International Holdings's interest expense for the six months ended in Dec. 2024 was HK$ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-70 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. Haitian International Holdings's Operating Income for the six months ended in Dec. 2024 was HK$ 1,746 Mil. Haitian International Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$ -32 Mil. Haitian International Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 54.69. 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.

Haitian International Holdings Interest Expense Historical Data

The historical data trend for Haitian International 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.

Haitian International Holdings Interest Expense Chart

Haitian International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-42.05

-56.94

-64.63

-81.01

-69.90

Haitian International Holdings Semi-Annual Data
	Jun15	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															-36.57	-30.21	-50.80	-38.29	-31.93

Haitian International 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-70 Mil.

Haitian International Holdings (HKSE:01882) 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.

Haitian International Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-32 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$1,746 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$2,208 Mil.

Haitian International Holdings'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	*	1746.385	/	-31.933
	=	54.69

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. Haitian International Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Haitian International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haitian International Holdings Ltd (HKSE:01882) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HI6:Germany

Address

No.1688 Haitian Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315800

Website

https://www.haitianinter.com

Haitian International Holdings Ltd is an investment holding company that manufactures and distributes plastic injection molding machines and related products. It offers hydraulic and electric plastic injection molding machines. The group operates in Mainland China, Hong Kong, and other countries. The company generates most of its revenue from Mainland China through the sale of plastic injection molding machines and related products.

Executives

Zhang Jianming	2201 Interest of corporation controlled by you
Zhang Jingzhang	2201 Interest of corporation controlled by you
Cambridge Management Consultants (ptc) Ltd.	2101 Beneficial owner
Premier Capital Management Pte. Ltd.	2101 Beneficial owner
Premier Capital Management (ptc) Ltd.	2101 Beneficial owner
Sky Treasure Capital Limited	2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited	2301 Trustee

Haitian International Holdings Headlines

No Headlines