GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Interest Expense

Huitongda Network Co (HKSE:09878) Interest Expense : HK$-284 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Huitongda Network Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huitongda Network Co's interest expense for the six months ended in Dec. 2023 was HK$ -152 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-284 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. Huitongda Network Co's Operating Income for the six months ended in Dec. 2023 was HK$ 496 Mil. Huitongda Network Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -152 Mil. Huitongda Network Co's Interest Coverage for the quarter that ended in Dec. 2023 was 3.28. 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.

Huitongda Network Co Interest Expense Historical Data

The historical data trend for Huitongda Network Co'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.

Huitongda Network Co Interest Expense Chart

Huitongda Network Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -704.89 -835.59 -1,076.66 -320.00 -283.79

Huitongda Network Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -572.64 -226.58 -104.14 -132.28 -151.51

Huitongda Network Co 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$-284 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.

Huitongda Network Co  (HKSE:09878) 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.

Huitongda Network Co's Interest Expense for the six months ended in Dec. 2023 was HK$-152 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$496 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$308 Mil.

Huitongda Network Co'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*496.409/-151.507
=3.28

* 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.

Huitongda Network Co (HKSE:09878) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Interest Expense
Comparable Companies
HKSE:03650 HKSE:02013 HKSE:01675 HKSE:00909 HKSE:03738 HKSE:01782 HKSE:09911 HKSE:09669 HKSE:06610 HKSE:00596 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN
Website
https://www.htd.cn
Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.
Executives
Xu Xiuxian 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2201 Interest of corporation controlled by you
Taobao Holding Limited 2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si 2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si 2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si 2101 Beneficial owner
Wang Jianguo

Huitongda Network Co (HKSE:09878) Headlines

No Headlines