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Zhenhai Petrochemical Engineering Co (SHSE:603637) Interest Expense : ¥-0.1 Mil (TTM As of Mar. 2025)


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What is Zhenhai Petrochemical Engineering Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhenhai Petrochemical Engineering Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.1 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. Zhenhai Petrochemical Engineering Co's Operating Income for the three months ended in Mar. 2025 was ¥ 2.5 Mil. Zhenhai Petrochemical Engineering Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.1 Mil. Zhenhai Petrochemical Engineering Co's Interest Coverage for the quarter that ended in Mar. 2025 was 23.19. 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.


Zhenhai Petrochemical Engineering Co Interest Expense Historical Data

The historical data trend for Zhenhai Petrochemical Engineering 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.

Zhenhai Petrochemical Engineering Co Interest Expense Chart

Zhenhai Petrochemical Engineering 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 -0.23 -0.21 -0.65 -0.17 -0.07

Zhenhai Petrochemical Engineering 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 -0.05 - -0.03 - -0.11

Zhenhai Petrochemical Engineering 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 ¥-0.1 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.


Zhenhai Petrochemical Engineering Co  (SHSE:603637) 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.

Zhenhai Petrochemical Engineering Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.1 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥2.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.0 Mil.

Zhenhai Petrochemical Engineering 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*2.481/-0.107
=23.19

* 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.

Good Sign:

Zhenhai Petrochemical Engineering Co Ltd has no debt.


Zhenhai Petrochemical Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No.36, Xinghai South Road, High-tech Zone, Zhejiang Province, Ningbo, CHN, 315042
Zhenhai Petrochemical Engineering Co Ltd provides construction of petrochemical engineering and technical services. Its services include engineering contracting, engineering design, project management, supervision, and engineering consulting project trial price and bidding agency, and other businesses. The company offers various forms of construction services, and technology development and application services; and project contract management services primarily for the petrochemical industry.
Executives
Feng Lu Miao Director
Yu Jin Supervisors
Qi Yuan Qing senior management
Jin Chang senior management
Yang Xiang Yi Director
Zhang Jing Director
Gai Xiao Dong Director
Shi Dan Director
Fan Qi Hai Director
Zhang Yi Gang Director
Zhao Li Wei Director
You Pei Di Director
Fan Xiao Mei Director
Cai Jin Song Director
Song Tao Director

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