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Ronshine China Holdings (HKSE:03301) Interest Expense : HK$-2,614 Mil (TTM As of Dec. 2024)


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What is Ronshine China Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ronshine China Holdings's interest expense for the six months ended in Dec. 2024 was HK$ -1,187 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-2,614 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. Ronshine China Holdings's Operating Income for the six months ended in Dec. 2024 was HK$ -3,219 Mil. Ronshine China Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$ -1,187 Mil. Ronshine China Holdings 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.

Ronshine China Holdings Interest Expense Historical Data

The historical data trend for Ronshine China Holdings'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.

Ronshine China Holdings Interest Expense Chart

Ronshine China Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -544.68 -779.10 -968.01 -2,665.26 -2,601.83

Ronshine China Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -401.27 -742.41 -1,922.85 -1,426.73 -1,186.85

Ronshine China Holdings 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$-2,614 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.

Ronshine China Holdings  (HKSE:03301) 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.

Ronshine China Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-1,187 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-3,219 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$8,530 Mil.

Ronshine China Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Ronshine China Holdings did not have earnings to cover the interest expense.

* 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.

Ronshine China Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronshine China Holdings Ltd (HKSE:03301) » Definitions » Interest Expense
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Traded in Other Exchanges
1R7:Germany
Address
Lane 77, Shangkun Road, Tower 2, Ronshine Sunkwan Center, Minhang District, Shanghai, CHN, 200336
Website
http://www.rongxingroup.com
Ronshine China Holdings Ltd is an investment holding company. The firm with its subsidiaries develops mid to high end residential and commercial properties in cities in the Western Taiwan straits economic zone, Yangtze river delta economic region and selected first and second-tier cities in the PRC. The company derives the majority of its revenues from sales of properties.
Executives
Ou Guofei 2307 Founder of a discretionary trust who can infl
Dingxin Company Limited 2101 Beneficial owner
Honesty Global Holdings Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Ou Zonghong 2305 Beneficiary of a trust
Xu Lixiang 2202 Interest of your spouse

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