Zhejiang Taimei Medical Technology Co (HKSE:02576) Interest Expense : HK$ Mil (TTM As of Dec. 2023)

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What is Zhejiang Taimei Medical Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Taimei Medical Technology Co's interest expense for the six months ended in Dec. 2023 was HK$ -1.6 Mil. Zhejiang Taimei Medical Technology Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Zhejiang Taimei Medical Technology Co's Operating Income for the six months ended in Dec. 2023 was HK$ -411.1 Mil. Zhejiang Taimei Medical Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -1.6 Mil. Zhejiang Taimei Medical Technology 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.

Zhejiang Taimei Medical Technology Co Interest Expense Historical Data

The historical data trend for Zhejiang Taimei Medical Technology 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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Zhejiang Taimei Medical Technology Co Interest Expense Chart

Zhejiang Taimei Medical Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Expense

-3.32

-2.99

-1.57

-0.78

Zhejiang Taimei Medical Technology Co Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
Interest Expense	-3.32	-2.99	-1.57	-0.78

Zhejiang Taimei Medical Technology Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Zhejiang Taimei Medical Technology Co (HKSE:02576) 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.

Zhejiang Taimei Medical Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$-1.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-411.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3.0 Mil.

Zhejiang Taimei Medical Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Zhejiang Taimei Medical Technology Co did not have earnings to cover the interest expense.

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

Zhejiang Taimei Medical Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Zhejiang Taimei Medical Technology Co Ltd (HKSE:02576) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Changsheng South Road, 3rd Floor, Building 9, Smart Industry Innovation Park, Zhejiang, Jiaxing, CHN

Website

https://www.taimei.com

Zhejiang Taimei Medical Technology Co Ltd is a digital solution provider focused on the pharmaceutical and medical device industry in China, It designs and delivers industry-specific software and digital services that facilitate the research and development (R&D) as well as the commercialization of pharmaceuticals and medical devices. The software It offers is cloud-based, allowing users to access it from various devices at any time over the internet, without the need for software installation and maintenance on their devices. These cloud-based software covers critical use cases in R&D and commercialization of innovative drugs and medical devices.

Executives

Zuo Lingye	2201 Interest of corporation controlled by you
Shang Hai Jing Wei Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hang Zhou Jing Wei Yuan Chuang Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Jing Wei Chuang Teng Hang Zhou Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shen Zhen Shi Teng Xun Rui Tou Qi Ye Guan Li You Xian Gong Si
Teng Xun Ke Ji Shen Zhen You Xian Gong Si
Chen Yihai	2202 Interest of your spouse
Shang Hai Chen Xi Chuang Ye Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Shang Hai Yuan Pan Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Xue Qiong	2201 Interest of corporation controlled by you
Ma Huateng
Lin Zhi Teng Xun Tou Zi Guan Li You Xian Gong Si
Shen Zhen Shi Teng Xun Chan Ye Tou Zi Ji Jin You Xian Gong Si
Oriental Power Holdings Limited
Shen Zhen Shi Teng Xun Rui Jian Tou Zi You Xian Gong Si

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