Changjiu Holdings (HKSE:06959) Interest Expense : HK$-0.6 Mil (TTM As of Dec. 2024)

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What is Changjiu Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changjiu Holdings's interest expense for the six months ended in Dec. 2024 was HK$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0.6 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. Changjiu Holdings's Operating Income for the six months ended in Dec. 2024 was HK$ 100.7 Mil. Changjiu Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$ -0.3 Mil. Changjiu Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 401.38. 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.

Changjiu Holdings Interest Expense Historical Data

The historical data trend for Changjiu 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.

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Changjiu Holdings Interest Expense Chart

Changjiu Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

-1.06

-3.65

-3.88

-2.84

-0.56

Changjiu Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial			-2.32	-1.68	-1.16	-0.31	-0.25

Changjiu 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$-0.6 Mil.

Changjiu Holdings (HKSE:06959) 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.

Changjiu Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0.3 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$100.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$0.0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	100.747	/	-0.251
	=	401.38

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Changjiu Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Changjiu Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Changjiu Holdings Ltd (HKSE:06959) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Shigezhuang Road, Changjiu Building, Chaoyang, Beijing, CHN

Website

Changjiu Holdings Ltd provides pledged vehicle monitoring services and automobile dealership operation management services in China. It offers pledged vehicle monitoring services primarily to (i) financial institutions that provide secured financing to automobile dealerships for their purchase of vehicles; and (ii) automobile dealerships with pledged vehicles.

Executives

Bo Shijiu
Li Guiping
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Advancey Limited
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Changjiu Holdings Headlines

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