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Ximei Resources Holding (HKSE:09936) Interest Expense : HK$-26 Mil (TTM As of Dec. 2023)


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What is Ximei Resources Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ximei Resources Holding's interest expense for the six months ended in Dec. 2023 was HK$ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-26 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. Ximei Resources Holding's Operating Income for the six months ended in Dec. 2023 was HK$ 75 Mil. Ximei Resources Holding's Interest Expense for the six months ended in Dec. 2023 was HK$ -14 Mil. Ximei Resources Holding's Interest Coverage for the quarter that ended in Dec. 2023 was 5.42. 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.

Ximei Resources Holding Interest Expense Historical Data

The historical data trend for Ximei Resources Holding'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.

Ximei Resources Holding Interest Expense Chart

Ximei Resources Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -5.10 -9.51 -14.43 -23.42 -25.73

Ximei Resources Holding Semi-Annual Data
Dec16 Dec17 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 -9.53 -10.12 -13.77 -11.87 -13.86

Ximei Resources Holding 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$-26 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.

Ximei Resources Holding  (HKSE:09936) 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.

Ximei Resources Holding's Interest Expense for the six months ended in Dec. 2023 was HK$-14 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$116 Mil.

Ximei Resources Holding'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*75.132/-13.855
=5.42

* 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.

Ximei Resources Holding (HKSE:09936) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ximei Resources Holding Ltd (HKSE:09936) » Definitions » Interest Expense
Comparable Companies
HKSE:01440 HKSE:02439 HKSE:03318 HKSE:08053 HKSE:02283 HKSE:01986 HKSE:00408 HKSE:00301 HKSE:00701 HKSE:00640 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
Hongqiao Village, Qiaotou Town, Guangdong Province, Yingde, CHN
Website
http://www.zhiyuanm.com
Ximei Resources Holding Ltd produces tantalum- and niobium-based metallurgical products in China. Tantalum- and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloy, chemical, electronic ceramics, aeronautics, aerospace, high-end electronics, defence and hard alloy. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, niobium bars and niobium powder, which are produced by engaging third-party metallurgy companies to process the pentoxide products and potassium heptafluorotantalate it produces or purchased from third-party metallurgy companies.
Executives
Ganfeng Lithium Co., Ltd. 2101 Beneficial owner
Jiawei Resources Holding Limited 2101 Beneficial owner
Ruan Xiaomei 2202 Interest of your spouse
Wu Lijue 2201 Interest of corporation controlled by you

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