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Guangzhou Kingmed Diagnostics Group Co (SHSE:603882) Interest Expense : ¥-18 Mil (TTM As of Mar. 2025)


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What is Guangzhou Kingmed Diagnostics Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangzhou Kingmed Diagnostics 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 ¥-18 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. Guangzhou Kingmed Diagnostics Group Co's Operating Income for the three months ended in Mar. 2025 was ¥ 65 Mil. Guangzhou Kingmed Diagnostics Group Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -4 Mil. Guangzhou Kingmed Diagnostics Group Co's Interest Coverage for the quarter that ended in Mar. 2025 was 15.64. 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.


Guangzhou Kingmed Diagnostics Group Co Interest Expense Historical Data

The historical data trend for Guangzhou Kingmed Diagnostics 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.

* Premium members only.

Guangzhou Kingmed Diagnostics Group Co Interest Expense Chart

Guangzhou Kingmed Diagnostics Group 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 -29.26 -27.55 -23.65 -20.39 -18.43

Guangzhou Kingmed Diagnostics 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 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 -4.91 -4.42 -4.83 -4.27 -4.15

Guangzhou Kingmed Diagnostics 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 ¥-18 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.


Guangzhou Kingmed Diagnostics Group Co  (SHSE:603882) 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.

Guangzhou Kingmed Diagnostics 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 ¥65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥644 Mil.

Guangzhou Kingmed Diagnostics 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*64.955/-4.154
=15.64

* 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.


Guangzhou Kingmed Diagnostics Group Co Business Description

Traded in Other Exchanges
N/A
Address
International Biological Island spiral three on the 10th, Guangdong Province, Guangzhou, CHN, 510000
Founded in 1994, KingMed is the largest independent clinical laboratory in China. It was listed on the Shanghai Stock Exchange in 2017. As of 2023, KingMed has 49 centralized labs and provides over 4000 test items. Over 90% of its total revenue comes from clinical diagnostics. Furthermore, KingMed has been actively investing in its cold chain logistics. Its service network covers the most intensely populated areas in China.
Executives
Hao Bi Xi Directors, senior managers
Wang Ling Lai Director
Yu Shi Hui senior management
Liang Yao Ming Director
Peng Yong Xiang Director

Guangzhou Kingmed Diagnostics Group Co Headlines

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