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Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) Interest Expense : ¥-6.1 Mil (TTM As of Sep. 2024)


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What is Zhejiang Shapuaisi Pharmaceutical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Shapuaisi Pharmaceutical Co's interest expense for the three months ended in Sep. 2024 was ¥ -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-6.1 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. Zhejiang Shapuaisi Pharmaceutical Co's Operating Income for the three months ended in Sep. 2024 was ¥ -17.1 Mil. Zhejiang Shapuaisi Pharmaceutical Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -2.3 Mil. Zhejiang Shapuaisi Pharmaceutical Co did not have earnings to cover the interest expense. 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.


Zhejiang Shapuaisi Pharmaceutical Co Interest Expense Historical Data

The historical data trend for Zhejiang Shapuaisi Pharmaceutical 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.

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Zhejiang Shapuaisi Pharmaceutical Co Interest Expense Chart

Zhejiang Shapuaisi Pharmaceutical 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 -0.03 -0.19 -0.77 -1.64 -2.60

Zhejiang Shapuaisi Pharmaceutical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.27 -0.02 -1.21 -2.54 -2.30

Zhejiang Shapuaisi Pharmaceutical 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-6.1 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.


Zhejiang Shapuaisi Pharmaceutical Co  (SHSE:603168) 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.

Zhejiang Shapuaisi Pharmaceutical Co's Interest Expense for the three months ended in Sep. 2024 was ¥-2.3 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-17.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥123.4 Mil.

Zhejiang Shapuaisi Pharmaceutical Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Zhejiang Shapuaisi Pharmaceutical Co did not have earnings to cover the interest expense.

* 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.


Zhejiang Shapuaisi Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1588 Xinming Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Zhejiang Shapuaisi Pharmaceutical Co Ltd is a China based pharmaceutical company. It is engaged in drug research and development, production and operation. The product portfolio of the company includes oral solutions, eye drops, tablets, hard capsules, suppositories, granules, raw materials dosage forms such as medicines, rinsing agent and mixture, and others. The company operates pharmaceutical manufacturing companies, pharmaceutical sales company, pharmaceutical retail company and pharmaceutical research institute. The products offered by the company are sold in China and are also exported to the other countries.
Executives
Huang Ming Xiong Directors, senior managers
Wu Jian Guo Director
Xu Hong Sheng senior management
Hu Zheng Guo Director
Ge Sheng Fang Director
Feng Xiao Supervisors
Chen De Kang Director

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