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Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Interest Expense : ¥-137 Mil (TTM As of Jun. 2024)


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What is Shandong Jinjing Science & Technology Stock Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandong Jinjing Science & Technology Stock Co's interest expense for the three months ended in Jun. 2024 was ¥ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-137 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. Shandong Jinjing Science & Technology Stock Co's Operating Income for the three months ended in Jun. 2024 was ¥ 203 Mil. Shandong Jinjing Science & Technology Stock Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -31 Mil. Shandong Jinjing Science & Technology Stock Co's Interest Coverage for the quarter that ended in Jun. 2024 was 6.53. 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.

Shandong Jinjing Science & Technology Stock Co Interest Expense Historical Data

The historical data trend for Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock Co Interest Expense Chart

Shandong Jinjing Science & Technology Stock Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -207.56 -175.42 -168.30 -134.23 -125.52

Shandong Jinjing Science & Technology Stock Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.69 -38.86 -27.50 -39.06 -31.16

Shandong Jinjing Science & Technology Stock 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-137 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.

Shandong Jinjing Science & Technology Stock Co  (SHSE:600586) 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.

Shandong Jinjing Science & Technology Stock Co's Interest Expense for the three months ended in Jun. 2024 was ¥-31 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥203 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥857 Mil.

Shandong Jinjing Science & Technology Stock Co'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*203.311/-31.158
=6.53

* 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.

Shandong Jinjing Science & Technology Stock Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Jinjing Science & Technology Stock Co Ltd (SHSE:600586) » Definitions » Interest Expense
Comparable Companies
SZSE:301565 SHSE:605008 SZSE:002859 SZSE:300821 SHSE:603227 SHSE:601678 SZSE:002827 SHSE:688300 SHSE:688106 SZSE:300655 LIN XPAR:AI SHW ECL APD ISX:TPIA XSWX:SIKA XSWX:GIVN BOM:500820 XAMS:DSFIR
Traded in Other Exchanges
N/A
Address
Wangzhuang, Baoshi Town, New and High-Technology Development Zone, Zibo, Shandong, CHN, 255086
Website
http://www.cnggg.cn
Shandong Jinjing Science & Technology Stock Co Ltd manufacturers of float glass in China. It provides clear float glass; low iron glass; tempered glass; solar glass; laminated glass; silver mirror; bronze glass; grey glass; ocean blue glass; reflective glass; patterned glass; automotive glass.
Executives
Ji Ya Lin senior management

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