GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai SMI Holding Co Ltd (SHSE:600649) » Definitions » Interest Expense

Shanghai SMI Holding Co (SHSE:600649) Interest Expense : ¥-756 Mil (TTM As of Mar. 2025)


View and export this data going back to 1993. Start your Free Trial

What is Shanghai SMI Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai SMI Holding Co's interest expense for the three months ended in Mar. 2025 was ¥ -227 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-756 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. Shanghai SMI Holding Co's Operating Income for the three months ended in Mar. 2025 was ¥ 276 Mil. Shanghai SMI Holding Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -227 Mil. Shanghai SMI Holding Co's Interest Coverage for the quarter that ended in Mar. 2025 was 1.22. 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.


Shanghai SMI Holding Co Interest Expense Historical Data

The historical data trend for Shanghai SMI Holding 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.

Shanghai SMI Holding Co Interest Expense Chart

Shanghai SMI Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -321.92 -556.93 -488.31 -646.84 -685.60

Shanghai SMI Holding Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -156.19 -182.06 -171.54 -175.82 -226.76

Shanghai SMI Holding 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-756 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.


Shanghai SMI Holding Co  (SHSE:600649) 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.

Shanghai SMI Holding Co's Interest Expense for the three months ended in Mar. 2025 was ¥-227 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥276 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥30,850 Mil.

Shanghai SMI Holding Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*276.484/-226.758
=1.22

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shanghai SMI Holding Co Ltd interest coverage is 1.17, which is low.


Shanghai SMI Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No.130, Wusong Road, Hongkou District, Shanghai, CHN, 200125
Shanghai SMI Holding Co Ltd is a real estate company. The company is a provider of comprehensive real estate, environmental and venture capital services with impressive core competence in China. Its real estate business includes the development of land, the construction of housing and commercial housing such as office parks, office building, and others. The company's investment business mainly includes direct equity investment such as invests in the listed companies and private equity investment fund management includes PE and urban development funds.
Executives
Wu Shou Pei Director

Shanghai SMI Holding Co Headlines

No Headlines