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Shanghai Xintonglian Packing Co (SHSE:603022) Interest Expense : ¥-2.0 Mil (TTM As of Mar. 2025)


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What is Shanghai Xintonglian Packing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Xintonglian Packing Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-2.0 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 Xintonglian Packing Co's Operating Income for the three months ended in Mar. 2025 was ¥ 14.6 Mil. Shanghai Xintonglian Packing Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.3 Mil. Shanghai Xintonglian Packing Co's Interest Coverage for the quarter that ended in Mar. 2025 was 43.63. 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 Xintonglian Packing Co Interest Expense Historical Data

The historical data trend for Shanghai Xintonglian Packing 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 Xintonglian Packing Co Interest Expense Chart

Shanghai Xintonglian Packing 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 -2.93 -2.73 -1.83 -1.93 -2.04

Shanghai Xintonglian Packing 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 -0.38 -0.35 -1.05 -0.26 -0.33

Shanghai Xintonglian Packing 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 ¥-2.0 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 Xintonglian Packing Co  (SHSE:603022) 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 Xintonglian Packing Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.3 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥14.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥20.6 Mil.

Shanghai Xintonglian Packing 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*14.574/-0.334
=43.63

* 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.

Shanghai Xintonglian Packing Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shanghai Xintonglian Packing Co Ltd (SHSE:603022) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 15, Lane 118, Yonghe Road, Jing'an District, Shanghai, CHN, 200072
Website
http://www.xtl.sh.cn
Shanghai Xintonglian Packing Co Ltd is engaged in the research and development, design of packaging products, packaging solutions and testing of packaging products, manufacturing and production of packaging products, customer on-site packaging services, and warehouse management. Its packaging solution includes wood packaging, paper packaging, plastic packaging, iron packaging, paper packaging.
Executives
Cao Wen Jie Director

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