GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Huisen Shares Group Ltd (HKSE:02127) » Definitions » Interest Expense

Huisen Shares Group (HKSE:02127) Interest Expense : HK$-25 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Huisen Shares Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huisen Shares Group's interest expense for the six months ended in Dec. 2023 was HK$ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-25 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. Huisen Shares Group's Operating Income for the six months ended in Dec. 2023 was HK$ 133 Mil. Huisen Shares Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -15 Mil. Huisen Shares Group's Interest Coverage for the quarter that ended in Dec. 2023 was 8.96. 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.

Huisen Shares Group Interest Expense Historical Data

The historical data trend for Huisen Shares 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.

Huisen Shares Group Interest Expense Chart

Huisen Shares Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -66.53 -50.64 -45.02 -27.89 -25.37

Huisen Shares Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.30 -15.64 -12.99 -10.51 -14.86

Huisen Shares 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-25 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.

Huisen Shares Group  (HKSE:02127) 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.

Huisen Shares Group's Interest Expense for the six months ended in Dec. 2023 was HK$-15 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$133 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$99 Mil.

Huisen Shares Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*133.084/-14.858
=8.96

* 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.

Huisen Shares Group (HKSE:02127) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Huisen Shares Group Ltd (HKSE:02127) » Definitions » Interest Expense
Comparable Companies
HKSE:01575 HKSE:06822 HKSE:02222 HKSE:00229 HKSE:00684 HKSE:02381 HKSE:00531 HKSE:01715 HKSE:01418 HKSE:08118 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
HHIGF:USA
Address
Huisen Road, Daluo Industrial Park, Longnan Economic Technology Development Zone, Jiangxi Province, Longnan, CHN
Website
http://www.jxhmgroup.com
Huisen Household International Group Ltd is principally engaged in the manufacturing and selling of panel-type furniture, upholstered furniture, sport-type furniture, customized furniture, and furniture ornaments. The company offers comprehensive manufacturing solutions to its customers, with the capabilities to design, develop and manufacture functional and economical panel furniture, upholstered furniture, and other furniture such as outdoor furniture and sports and recreational equipment. The company is also engaged in the manufacture and sale of hardware furniture and furniture ornaments. The company generates the majority of its revenue from panel-type furniture.
Executives
Pure Cypress Limited 2101 Beneficial owner
Zeng Ming 2201 Interest of corporation controlled by you
Zeng Ronghua 2202 Interest of your spouse
Goh Siok Teng 2201 Interest of corporation controlled by you
Yggies World Pte. Ltd. 2101 Beneficial owner
Kwok Hong Yiew 2201 Interest of corporation controlled by you
Kwok Properties Pte. Ltd. 2101 Beneficial owner

Huisen Shares Group (HKSE:02127) Headlines

No Headlines