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Sinic Holdings (Group) Co (HKSE:02103) Interest Expense : HK$-676 Mil (TTM As of Jun. 2021)


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What is Sinic Holdings (Group) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinic Holdings (Group) Co's interest expense for the six months ended in Jun. 2021 was HK$ -346 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was HK$-676 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. Sinic Holdings (Group) Co's Operating Income for the six months ended in Jun. 2021 was HK$ 2,069 Mil. Sinic Holdings (Group) Co's Interest Expense for the six months ended in Jun. 2021 was HK$ -346 Mil. Sinic Holdings (Group) Co's Interest Coverage for the quarter that ended in Jun. 2021 was 5.97. 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.

Sinic Holdings (Group) Co Interest Expense Historical Data

The historical data trend for Sinic Holdings (Group) 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.

Sinic Holdings (Group) Co Interest Expense Chart

Sinic Holdings (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
-111.20 -375.83 -483.65 -507.86 -669.70

Sinic Holdings (Group) Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Interest Expense Get a 7-Day Free Trial -333.13 -181.14 -313.50 -330.13 -346.33

Sinic Holdings (Group) 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-676 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.

Sinic Holdings (Group) Co  (HKSE:02103) 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.

Sinic Holdings (Group) Co's Interest Expense for the six months ended in Jun. 2021 was HK$-346 Mil. Its Operating Income for the six months ended in Jun. 2021 was HK$2,069 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was HK$18,755 Mil.

Sinic Holdings (Group) Co's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*2069.312/-346.329
=5.97

* 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.

Sinic Holdings (Group) Co (HKSE:02103) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinic Holdings (Group) Co Ltd (HKSE:02103) » Definitions » Interest Expense
Comparable Companies
HKSE:00081 HKSE:01243 HKSE:03377 HKSE:01966 HKSE:01628 HKSE:01622 HKSE:02768 HKSE:01638 HKSE:03301 HKSE:01238 SZSE:000002 HKSE:00688 HKSE:00016 HKSE:03333 HKSE:01109 HKSE:02007 SHSE:600048 HKSE:01113 HKSE:01918 SZSE:001979
Traded in Other Exchanges
N/A
Address
No. 988 ShenChang Road, 7th Floor, HongQiao Vanke Center T6, MinHang District, Shanghai, CHN
Website
http://www.sinicdc.com
Sinic Holdings (Group) Co Ltd is a Cayman Islands-based property developer. It is engaged in the development of residential and commercial properties. The company offers property development, property leasing, and the provision of management consulting services. It generates revenue through the sale of properties and mainly operates in Mainland China.
Executives
Zhang Yuanlin 2101 Beneficial owner
Wu Chengping 2202 Interest of your spouse
Honoured Ever Oriental Holdings Limited 2201 Interest of corporation controlled by you
Sinic Group Company Limited 2201 Interest of corporation controlled by you
Sinic Holdings Group Company Limited 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Xin Hong Company Limited 2201 Interest of corporation controlled by you

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