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Chanhigh Holdings (HKSE:02017) Interest Expense : HK$-32 Mil (TTM As of Jun. 2024)


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What is Chanhigh Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chanhigh Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-32 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. Chanhigh Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 34 Mil. Chanhigh Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -14 Mil. Chanhigh Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 2.36. 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.


Chanhigh Holdings Interest Expense Historical Data

The historical data trend for Chanhigh 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.

Chanhigh Holdings Interest Expense Chart

Chanhigh Holdings 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 -33.73 -30.92 -35.37 -26.53 -30.56

Chanhigh Holdings Semi-Annual Data
Dec13 Dec14 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 -14.21 -13.00 -13.07 -17.49 -14.22

Chanhigh 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-32 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.


Chanhigh Holdings  (HKSE:02017) 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.

Chanhigh Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-14 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$0 Mil.

Chanhigh Holdings'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*33.552/-14.22
=2.36

* 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.


Chanhigh Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3388 Cang Hai Road, Cang Hai Industry Building, 17th and 18th Floors, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Chanhigh Holdings Ltd is an investment holding company principally involved in the provision of municipal landscape and municipal works construction services and maintenance services to its customers. The company operates through four segments. The Landscape Construction segment is engaged in the provision of municipal and private landscaping project services; the Municipal Works Construction segment is engaged in the municipal or local government works such as municipal road construction as well as water and lighting works; the Building Works Construction segment is engaged in the construction of gas stations, auto repair shops, office buildings, and temporary warehouses; the Others segment is engaged in the provision of maintenance, heritage restoration, and renovation services.
Executives
Peng Daosheng 2401 A concert party to an agreement to buy shares
Peng Tianbin 2401 A concert party to an agreement to buy shares
Wang Sufen 2401 A concert party to an agreement to buy shares
Peng Yonghui 2106 Person having a security interest in shares

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