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China State Construction Engineering (SHSE:601668) Interest Expense : ¥-20,111 Mil (TTM As of Dec. 2023)


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What is China State Construction Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China State Construction Engineering's interest expense for the three months ended in Dec. 2023 was ¥ -6,318 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-20,111 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 State Construction Engineering's Operating Income for the three months ended in Dec. 2023 was ¥ 34,492 Mil. China State Construction Engineering's Interest Expense for the three months ended in Dec. 2023 was ¥ -6,318 Mil. China State Construction Engineering's Interest Coverage for the quarter that ended in Dec. 2023 was 5.46. 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 State Construction Engineering Interest Expense Historical Data

The historical data trend for China State Construction Engineering'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.

China State Construction Engineering Interest Expense Chart

China State Construction Engineering 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 -10,476.41 -12,423.31 -13,853.12 -17,895.42 -20,111.09

China State Construction Engineering 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 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 -6,271.22 -4,573.03 -4,793.21 -4,426.82 -6,318.03

China State Construction Engineering 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 quarterly data reported by the company within the most recent 12 months, which was ¥-20,111 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.


China State Construction Engineering  (SHSE:601668) 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.

China State Construction Engineering's Interest Expense for the three months ended in Dec. 2023 was ¥-6,318 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥34,492 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥555,093 Mil.

China State Construction Engineering'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*34492.086/-6318.026
=5.46

* 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.


China State Construction Engineering (SHSE:601668) Business Description

Traded in Other Exchanges
N/A
Address
Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029
China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. Its operating segments are Building construction engineering, Infrastructure construction & investment, Real estate development & investment, Prospecting & design, and Others. The majority of its revenue comes from the Building construction engineering segment. The company undertakes construction, installation, and consulting of domestic and domestic public and civil building construction projects; investment and construction of infrastructure projects; real estate investment and development at home and abroad; survey and design of construction; decoration engineering, and garden engineering. Geographically it generates a vast majority of its revenue from Mainland China.

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