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China Ludao Technology Co (HKSE:02023) Interest Expense : HK$-9.4 Mil (TTM As of Dec. 2024)


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What is China Ludao Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Ludao Technology Co's interest expense for the six months ended in Dec. 2024 was HK$ 0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-9.4 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. China Ludao Technology Co's Operating Income for the six months ended in Dec. 2024 was HK$ 11.0 Mil. China Ludao Technology Co's Interest Expense for the six months ended in Dec. 2024 was HK$ 0.6 Mil. China Ludao Technology 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.

China Ludao Technology Co Interest Expense Historical Data

The historical data trend for China Ludao Technology 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.

China Ludao Technology Co Interest Expense Chart

China Ludao Technology Co 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 -21.97 -21.40 -15.25 -12.52 -9.27

China Ludao Technology Co 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 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 -8.97 -8.44 -4.08 -10.00 0.65

China Ludao Technology 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-9.4 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.

China Ludao Technology Co  (HKSE:02023) 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.

China Ludao Technology Co's Interest Expense for the six months ended in Dec. 2024 was HK$0.6 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$11.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$300.0 Mil.

China Ludao Technology Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.

China Ludao Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Ludao Technology Co Ltd (HKSE:02023) » Definitions » Interest Expense
Comparable Companies
HKSE:03332 HKSE:02177 HKSE:01925 HKSE:01962 HKSE:08512 HKSE:03828 HKSE:02031 HKSE:01338 HKSE:01455 HKSE:06893 PG XPAR:OR LSE:ULVR CL BOM:500696 KVUE KMB LSE:RKT XTER:HEN3 XTER:BEI
Traded in Other Exchanges
N/A
Address
5 Sanmen Industry Road, Sanmen Industry Zone, Zhejiang Province, Taizhou, CHN
Website
https://www.ludaocn.com
China Ludao Technology Co Ltd is principally engaged in the manufacture and sale of aerosol products in the People's Republic of China (the PRC). Its products include household and auto care products, air fresheners, personal care products, and insecticides. The firm offers various products including aerosol air fresheners, aromatherapy air fresheners, sticker cleaners, insecticide sprays, deodorant sprays, liquid soaps, cool sprays, and hair sprays among others. Customers of the company are from Mainland China, the United States of America, Japan, Chile, and other regions. The majority of its revenue is derived from Mainland China.
Executives
Ludao China Investments Holdings Limited 2101 Beneficial owner
Wang Jinfei 2202 Interest of your spouse
Yu Yuerong 2201 Interest of corporation controlled by you
Perfect Century Group Limited 2101 Beneficial owner

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