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Pujiang International Group (HKSE:02060) Interest Expense : HK$-146 Mil (TTM As of Jun. 2023)


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What is Pujiang International Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pujiang International Group's interest expense for the six months ended in Jun. 2023 was HK$ -76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-146 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. Pujiang International Group's Operating Income for the six months ended in Jun. 2023 was HK$ 157 Mil. Pujiang International Group's Interest Expense for the six months ended in Jun. 2023 was HK$ -76 Mil. Pujiang International Group's Interest Coverage for the quarter that ended in Jun. 2023 was 2.06. 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.


Pujiang International Group Interest Expense Historical Data

The historical data trend for Pujiang International 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.

Pujiang International Group Interest Expense Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -62.09 -74.72 -108.12 -130.31 -150.22

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.58 -68.91 -84.37 -69.84 -76.29

Pujiang International 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-146 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.


Pujiang International Group  (HKSE:02060) 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.

Pujiang International Group's Interest Expense for the six months ended in Jun. 2023 was HK$-76 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$157 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$78 Mil.

Pujiang International Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*157.075/-76.285
=2.06

* 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.


Pujiang International Group (HKSE:02060) Business Description

Traded in Other Exchanges
N/A
Address
518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
Executives
Elegant Kindness Limited 2101 Beneficial owner
Tang Liang 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
China Silver Asset Management Llc 2102 Investment manager
Cs Asia Opportunities Master Fund 2101 Beneficial owner
China Silver Asset Management Limited 2102 Investment manager
China Merchants Bank Co., Ltd. 2201 Interest of corporation controlled by you
Cmb International Finance Limited 2106 Person having a security interest in shares

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