Desun Real Estate Investment Services Group Co (HKSE:02270) Interest Expense : HK$-16.3 Mil (TTM As of Jun. 2024)

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What is Desun Real Estate Investment Services Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Desun Real Estate Investment Services Group Co's interest expense for the six months ended in Jun. 2024 was HK$ -9.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-16.3 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. Desun Real Estate Investment Services Group Co's Operating Income for the six months ended in Jun. 2024 was HK$ 33.2 Mil. Desun Real Estate Investment Services Group Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -9.2 Mil. Desun Real Estate Investment Services Group Co's Interest Coverage for the quarter that ended in Jun. 2024 was 3.59. 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.

Desun Real Estate Investment Services Group Co Interest Expense Historical Data

The historical data trend for Desun Real Estate Investment Services 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.

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Desun Real Estate Investment Services Group Co Interest Expense Chart

Desun Real Estate Investment Services Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.03

-0.13

-0.22

-10.36

-16.22

Desun Real Estate Investment Services Group Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial						-0.20	-3.13	-7.23	-9.25	-7.05

Desun Real Estate Investment Services 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-16.3 Mil.

Desun Real Estate Investment Services Group Co (HKSE:02270) 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.

Desun Real Estate Investment Services Group Co's Interest Expense for the six months ended in Jun. 2024 was HK$-9.2 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$33.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$262.1 Mil.

Desun Real Estate Investment Services Group Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	33.215	/	-9.249
	=	3.59

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

Desun Real Estate Investment Services Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Desun Real Estate Investment Services Group Co Ltd (HKSE:02270) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Desun International, Room 1803, Block A, No. 1480 North Section of Tianfu Avenue High-tech, Industrial Development Zone, Chengdu, CHN

Website

http://www.desunhui.com

Desun Real Estate Investment Services Group Co Ltd is principally engaged in the provision of property management services and value-added services to property and non-property owners in China. The company's majority of the revenue is generated in the PRC region.

Executives

Pengna Holding Limited	2103 Interests held jointly with another person
Sky Donna Holding Limited	2101 Beneficial owner
Zou Jian	2103 Interests held jointly with another person
Zou Kang	2101 Beneficial owner
Futu Trustee Limited	2301 Trustee

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