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Shanxi Installation Group Co (HKSE:02520) Interest Expense : HK$-374 Mil (TTM As of Jun. 2024)


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What is Shanxi Installation Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanxi Installation Group Co's interest expense for the six months ended in Jun. 2024 was HK$ -201 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-374 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. Shanxi Installation Group Co's Operating Income for the six months ended in Jun. 2024 was HK$ 373 Mil. Shanxi Installation Group Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -201 Mil. Shanxi Installation Group Co's Interest Coverage for the quarter that ended in Jun. 2024 was 1.85. 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.


Shanxi Installation Group Co Interest Expense Historical Data

The historical data trend for Shanxi Installation 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.

Shanxi Installation Group Co Interest Expense Chart

Shanxi Installation Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-352.86 -483.39 -443.57 -368.20

Shanxi Installation Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial -234.08 -220.57 -195.98 -172.22 -201.40

Shanxi Installation 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$-374 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.


Shanxi Installation Group Co  (HKSE:02520) 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.

Shanxi Installation Group Co's Interest Expense for the six months ended in Jun. 2024 was HK$-201 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$373 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$3,697 Mil.

Shanxi Installation 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*372.902/-201.398
=1.85

* 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.


Shanxi Installation Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN
Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. It offers a wide range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance.
Executives
Xiang Gang Li Jun Jian An Tou Zi You Xian Gong Si 2101 Beneficial owner
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Xi An Shan Gong Guo Ji Jian Zhu Gong Cheng You Xian Gong Si 2201 Interest of corporation controlled by you
Ming Yang Zhi Hui Neng Yuan Ji Tuan Gu Fen Gong Si 2101 Beneficial owner
Gaoteng Global Asset Management Limited 2201 Interest of corporation controlled by you
Jinyi Capital Multi-strategy Fund Spc Ltd. 2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Shen Yi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Jin Luo Shen Zhen Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Wan Wei Dian Qi You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Xian Ning Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hai Nan Jing Tai Jing Zhun Gu Quan Si Mu Ji Jin Er Qi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Si Chuan Hua Zhi Ye Can Dian Li She Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jing Tai Chuang Ye Tou Zi Si Mu Ji Jin Guan Li Hai Nan He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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