Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Interest Expense : ¥-16 Mil (TTM As of Mar. 2025)

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What is Jiangsu Wujin Stainless Steel Pipe Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Wujin Stainless Steel Pipe Group Co's interest expense for the three months ended in Mar. 2025 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-16 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. Jiangsu Wujin Stainless Steel Pipe Group Co's Operating Income for the three months ended in Mar. 2025 was ¥ 35 Mil. Jiangsu Wujin Stainless Steel Pipe Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -4 Mil. Jiangsu Wujin Stainless Steel Pipe Group Co's Interest Coverage for the quarter that ended in Mar. 2025 was 9.04. 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.

Jiangsu Wujin Stainless Steel Pipe Group Co Interest Expense Historical Data

The historical data trend for Jiangsu Wujin Stainless Steel Pipe Group 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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Jiangsu Wujin Stainless Steel Pipe Group Co Interest Expense Chart

Jiangsu Wujin Stainless Steel Pipe Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-8.79

-4.68

-7.38

-11.99

-16.70

Jiangsu Wujin Stainless Steel Pipe Group 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															-4.42	-4.34	-4.05	-3.89	-3.92

Jiangsu Wujin Stainless Steel Pipe Group 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 ¥-16 Mil.

Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jiangsu Wujin Stainless Steel Pipe Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥-4 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥296 Mil.

Jiangsu Wujin Stainless Steel Pipe Group 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	*	35.393	/	-3.916
	=	9.04

The higher the ratio, the stronger the company's financial strength is.

Jiangsu Wujin Stainless Steel Pipe Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Wujin Stainless Steel Pipe Group Co Ltd (SHSE:603878) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No.1, Wucheng West Road, Zhenglu Town, Tianning District, Jiangsu Province, Changzhou, CHN, 213111

Website

http://www.wjss.com.cn

Jiangsu Wujin Stainless Steel Pipe Group Co Ltd is engaged in manufacturing of stainless steel tubes & pipe, fittings and flanges.

Executives

Wu Fang Min	Directors, senior managers
Wang Jin Rong	senior management
Zhou Zhi Bin	Directors, senior managers
Liu Yi Ming	senior management

Jiangsu Wujin Stainless Steel Pipe Group Co Headlines

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