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Shanghai Yahong Moulding Co (SHSE:603159) Interest Expense : ¥-1.1 Mil (TTM As of Mar. 2024)


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What is Shanghai Yahong Moulding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Yahong Moulding Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.1 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 Yahong Moulding Co's Operating Income for the three months ended in Mar. 2024 was ¥ 4.9 Mil. Shanghai Yahong Moulding Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.0 Mil. Shanghai Yahong Moulding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 245.90. 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 Yahong Moulding Co Interest Expense Historical Data

The historical data trend for Shanghai Yahong Moulding 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 Yahong Moulding Co Interest Expense Chart

Shanghai Yahong Moulding 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 -1.41 -0.36 -0.03 -0.02 -0.12

Shanghai Yahong Moulding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -1.01 -0.05 -0.06 -0.02

Shanghai Yahong Moulding 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.1 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 Yahong Moulding Co  (SHSE:603159) 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 Yahong Moulding Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Shanghai Yahong Moulding Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*4.918/-0.02
=245.90

* 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 Yahong Moulding Co (SHSE:603159) Business Description

Traded in Other Exchanges
N/A
Address
No. 732, Huhang Road, Fengxian District, Shanghai, CHN, 201401
Shanghai Yahong Moulding Co Ltd is engaged in the research and development, design, production and sales of precision plastic mold and injection product. Its plastic molds and injection molded parts are used in domestic high-end car dashboards and microwaves. Its customers are first-tier suppliers and household appliances manufacturers of world-renowned automobile manufacturers.
Executives
Xu Zhi Gang Directors, senior managers
Xie Yue Director
Xie Ya Ming Director
Li Jian Min Director
Yang Jian Wei senior management
Yan Li Ying Director
Liu Kang Supervisors
Xu Wei Supervisors
Wang Zhong Ming Directors, senior managers

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