Zhenro Properties Group (HKSE:06158) Interest Expense : HK$-3,997 Mil (TTM As of Jun. 2024)

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What is Zhenro Properties Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhenro Properties Group's interest expense for the six months ended in Jun. 2024 was HK$ -1,684 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-3,997 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. Zhenro Properties Group's Operating Income for the six months ended in Jun. 2024 was HK$ 545 Mil. Zhenro Properties Group's Interest Expense for the six months ended in Jun. 2024 was HK$ -1,684 Mil. Zhenro Properties Group's Interest Coverage for the quarter that ended in Jun. 2024 was 0.32. 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.

Zhenro Properties Group Interest Expense Historical Data

The historical data trend for Zhenro Properties Group'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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Zhenro Properties Group Interest Expense Chart

Zhenro Properties Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-598.40

-789.92

-1,530.28

-2,831.68

-3,982.70

Zhenro Properties Group Semi-Annual Data
	Dec14	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															-1,100.83	-736.54	-2,095.14	-1,684.46	-2,312.11

Zhenro Properties Group 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$-3,997 Mil.

Zhenro Properties Group (HKSE:06158) 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.

Zhenro Properties Group's Interest Expense for the six months ended in Jun. 2024 was HK$-1,684 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$545 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$6,819 Mil.

Zhenro Properties Group'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	*	545.428	/	-1684.463
	=	0.32

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zhenro Properties Group Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Zhenro Properties Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhenro Properties Group Ltd (HKSE:06158) » Definitions » Interest Expense

Traded in Other Exchanges

1ZZ:Germany

Address

666 Shenhong Road, 3rd Floor, Building 7, Hongqiao Zhenro Center, Minhang District, Shanghai, CHN

Website

http://www.zhenrodc.com

Zhenro Properties Group Ltd is a China-based holding company principally engaged in real estate development and property leasing. The Company focuses on the development of residential properties, as well as the development, operation, and management of commercial and mixed-use properties. The Company's businesses include property sales, property leasing, management consulting services, property management services, and sales of goods.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Lin Shuying	2202 Interest of your spouse
Ou Zongrong	2201 Interest of corporation controlled by you
Royue Limited	2101 Beneficial owner
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

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