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Wasion Holdings (HKSE:03393) Interest Expense : HK$-144 Mil (TTM As of Dec. 2023)


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What is Wasion Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wasion Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-144 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. Wasion Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 619 Mil. Wasion Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -76 Mil. Wasion Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 8.19. 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.


Wasion Holdings Interest Expense Historical Data

The historical data trend for Wasion 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.

Wasion Holdings Interest Expense Chart

Wasion Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.27 -114.11 -121.55 -125.63 -143.87

Wasion Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.05 -60.77 -67.74 -68.27 -75.59

Wasion 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-144 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.


Wasion Holdings  (HKSE:03393) 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.

Wasion Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-76 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$619 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$918 Mil.

Wasion Holdings'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*618.949/-75.594
=8.19

* 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.


Wasion Holdings (HKSE:03393) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 2605, 26th Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Wasion Holdings Ltd supplies energy metering products. The firm has three segments: Communication & fluid Advanced metering infrastructure segment, which engages in the development, manufacture, and sale of communication terminals and water, gas, and heat metering products; Power Advanced Metering Infrastructure segment develops, manufactures, and sells smart power meters and provides respective system solutions; Advanced Distribution Operations segment is engaged in the manufacture and sale of smart power distribution devices and providing smart power distribution solutions and energy efficiency solutions. Its geographical segments are China, the Middle East, South America, Africa, Asia (except PRC), Europe, and Others, of which the majority of its revenue comes from China.
Executives
Ji Wei 2101 Beneficial owner
Star Treasure Investments Holdings Limited 2101 Beneficial owner

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