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Orinko Advanced Plastics Co (SHSE:688219) Interest Expense : ¥-72 Mil (TTM As of Mar. 2025)


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What is Orinko Advanced Plastics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orinko Advanced Plastics Co's interest expense for the three months ended in Mar. 2025 was ¥ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-72 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. Orinko Advanced Plastics Co's Operating Income for the three months ended in Mar. 2025 was ¥ 72 Mil. Orinko Advanced Plastics Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -16 Mil. Orinko Advanced Plastics Co's Interest Coverage for the quarter that ended in Mar. 2025 was 4.42. 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.

Orinko Advanced Plastics Co Interest Expense Historical Data

The historical data trend for Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co Interest Expense Chart

Orinko Advanced Plastics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -68.28 -66.30 -67.54 -81.09 -75.30

Orinko Advanced Plastics 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 -19.91 -17.91 -17.63 -19.86 -16.22

Orinko Advanced Plastics 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 ¥-72 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.

Orinko Advanced Plastics Co  (SHSE:688219) 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.

Orinko Advanced Plastics Co's Interest Expense for the three months ended in Mar. 2025 was ¥-16 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥1,103 Mil.

Orinko Advanced Plastics 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*71.773/-16.222
=4.42

* 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.

Orinko Advanced Plastics Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orinko Advanced Plastics Co Ltd (SHSE:688219) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 2, Luhua Road, Baiyan Science and Technology Park, High-tech Zone, Hefei, CHN, 231202
Website
http://www.orinko.com.cn
Orinko Advanced Plastics Co Ltd is engaged in the research and development, production and sales of polymer modified materials, and providing customers with high-performance and functional material solutions. The company has a variety of product platforms for polyolefins, polystyrenes, engineering plastics and other categories, with a rich product range, and more than 300 varieties of polymer high-performance and functional products. Its products are widely used in many national pillar industries and emerging industries such as home appliances, automobiles, 5G communications, electronic and electrical, medical, rail transit, home building materials, security and so on.
Executives
Li Rong Qun Director
Wang Can Yao Directors, senior managers

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