AInnovation Technology Group Co (HKSE:02121) Interest Expense : HK$-8 Mil (TTM As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is AInnovation Technology Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AInnovation Technology Group Co's interest expense for the six months ended in Dec. 2024 was HK$ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-8 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. AInnovation Technology Group Co's Operating Income for the six months ended in Dec. 2024 was HK$ -260 Mil. AInnovation Technology Group Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -4 Mil. AInnovation Technology Group 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.

AInnovation Technology Group Co Interest Expense Historical Data

The historical data trend for AInnovation Technology 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.

AInnovation Technology Group Co Interest Expense Chart

AInnovation Technology Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-0.84

-1.49

-9.03

-9.38

-7.91

AInnovation Technology Group Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial						-6.75	-5.00	-4.38	-4.11	-3.83

AInnovation Technology 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-8 Mil.

AInnovation Technology Group Co (HKSE:02121) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AInnovation Technology Group Co's Interest Expense for the six months ended in Dec. 2024 was HK$-4 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-260 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$36 Mil.

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

AInnovation Technology Group Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

AInnovation Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AInnovation Technology Group Co Ltd (HKSE:02121) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 939 Zhenwu Road, Room 501 Block A, Haier International Plaza, Economic Development Zone, Jimo District, Qingdao, Shandong, CHN

Website

https://www.ainnovation.com

AInnovation Technology Group Co Ltd is a enterprise-level AI solution provider and "AI+manufacturing" solution provider in China. The company is using cutting-edge artificial intelligence technology to provide enterprises with AI products and solutions, including AI platforms, algorithms, software and AI-enabled equipment, to improve customer operational efficiency and business value and achieve digital transformation. AInnovation focuses on AI+manufacturing and focuses on building five key business themes of industrial software, digital intelligence software, industrial logistics, intelligent equipment, and industrial sustainability It has developed "MMOC artificial intelligence technology platform" and "AInnoGC industrial large model technology platform" for industry application.

Executives

Xu Hui
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Cicc Alpha (beijing) Private Equity Investment Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Beijing Financial Street Xicheng Equity Investment Fund (limited Partnership)	2201 Interest of corporation controlled by you
Zhongjin Xicheng (beijing) Investment Co., Ltd.	2201 Interest of corporation controlled by you
Svf Ii Gp (jersey) Limited	2201 Interest of corporation controlled by you
Svf Ii Aggregator (jersey) L.p.	2201 Interest of corporation controlled by you
Softbank Vision Fund Ii-2 L.p.	2201 Interest of corporation controlled by you
Softbank Group Corp.	2201 Interest of corporation controlled by you
Sb Global Advisers Limited	2201 Interest of corporation controlled by you
Sb Global Advisers Capital Markets Limited	2201 Interest of corporation controlled by you
Svf Ii Holdings (de) Llc	2201 Interest of corporation controlled by you
Svf Ii Holdings (singapore) Pte Ltd.	2201 Interest of corporation controlled by you
Svf Ii Investment Holdings (subco) Llc	2201 Interest of corporation controlled by you
Svf Ii Investment Holdings Llc	2201 Interest of corporation controlled by you

AInnovation Technology Group Co Headlines

No Headlines