China United Venture Investment (HKSE:08159) Interest Expense : HK$-3.3 Mil (TTM As of Sep. 2023)

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What is China United Venture Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China United Venture Investment's interest expense for the three months ended in Sep. 2023 was HK$ -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-3.3 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. China United Venture Investment's Operating Income for the three months ended in Sep. 2023 was HK$ -7.5 Mil. China United Venture Investment's Interest Expense for the three months ended in Sep. 2023 was HK$ -1.2 Mil. China United Venture Investment 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.

China United Venture Investment Interest Expense Historical Data

The historical data trend for China United Venture Investment'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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China United Venture Investment Interest Expense Chart

China United Venture Investment Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.05

-1.89

-3.87

-3.26

China United Venture Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.77	-0.80	-0.41	-1.24	-0.81

China United Venture Investment 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-3.3 Mil.

China United Venture Investment (HKSE:08159) 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.

China United Venture Investment's Interest Expense for the three months ended in Sep. 2023 was HK$-1.2 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$-7.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$0.0 Mil.

China United Venture Investment's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

China United Venture Investment did not have earnings to cover the interest expense.

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

China United Venture Investment (HKSE:08159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China United Venture Investment Ltd (HKSE:08159) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

No. 12 Harcourt Road, Room 1801-1802, 18th Floor, Bank of America Tower, Central, Hong Kong, HKG

Website

https://www.glorymark.com.tw

China United Venture Investment Ltd is engaged in the business of design, manufacture, and sales of connectivity products. The products are mainly used in computers, computer peripheral products, multi-media consumable electronic products, communication products, automobile electronics accessories, wire harnesses and medical equipment. Some of the products offered are USB hub, Card reader, Dongle, Cables and others. The company's segment includes the Original equipment manufacturer (OEM) customers segment, the Provision of comprehensive architectural services, and the Retail distributor's segment. Most of the firm's revenue gets derived through the OEM customers segment.

Executives

Wang Li Feng	2101 Beneficial owner
Pt Design Group Holdings Limited
Wise Thinker Holdings Limited
Pt Design Group Limited	2101 Beneficial owner
Wise Thinker Holding Limited	2101 Beneficial owner

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