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Redsun Properties Group (HKSE:01996) Interest Expense : HK$-1,537 Mil (TTM As of Dec. 2024)


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What is Redsun Properties Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Redsun Properties Group's interest expense for the six months ended in Dec. 2024 was HK$ -731 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-1,537 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. Redsun Properties Group's Operating Income for the six months ended in Dec. 2024 was HK$ -983 Mil. Redsun Properties Group's Interest Expense for the six months ended in Dec. 2024 was HK$ -731 Mil. Redsun Properties Group 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.


Redsun Properties Group Interest Expense Historical Data

The historical data trend for Redsun Properties Group'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.

Redsun Properties Group Interest Expense Chart

Redsun Properties Group 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 -1,192.44 -1,369.78 -1,440.55 -1,841.31 -1,530.42

Redsun Properties Group Semi-Annual Data
Dec15 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 -664.14 -901.97 -939.34 -806.50 -730.57

Redsun Properties Group 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$-1,537 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.


Redsun Properties Group  (HKSE:01996) 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.

Redsun Properties Group's Interest Expense for the six months ended in Dec. 2024 was HK$-731 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-983 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$4,406 Mil.

Redsun Properties Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Redsun Properties Group 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.


Redsun Properties Group Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Daqiao North Road, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN
Redsun Properties Group Ltd is a China-based company engages in the property development and commercial real estate business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.
Executives
Hong Yang Group (holdings) Limited 2201 Interest of corporation controlled by you
Hong Yang Group Company Limited 2201 Interest of corporation controlled by you
Hong Yang International Limited 2201 Interest of corporation controlled by you
Redsun Properties Group (holdings) Limited 2101 Beneficial owner
Chen Sihong 2202 Interest of your spouse
Zeng Huansha 2201 Interest of corporation controlled by you

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