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Beijing Jingwei Hirain Technologies Co (SHSE:688326) Interest Expense : ¥-17 Mil (TTM As of Sep. 2024)


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What is Beijing Jingwei Hirain Technologies Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Jingwei Hirain Technologies Co's interest expense for the three months ended in Sep. 2024 was ¥ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-17 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. Beijing Jingwei Hirain Technologies Co's Operating Income for the three months ended in Sep. 2024 was ¥ -66 Mil. Beijing Jingwei Hirain Technologies Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -5 Mil. Beijing Jingwei Hirain Technologies 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.

Beijing Jingwei Hirain Technologies Co Interest Expense Historical Data

The historical data trend for Beijing Jingwei Hirain Technologies 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.

Beijing Jingwei Hirain Technologies Co Interest Expense Chart

Beijing Jingwei Hirain Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -12.93 -11.88 -5.16 -3.72 -9.26

Beijing Jingwei Hirain Technologies Co Quarterly Data
Dec18 Dec19 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 -2.75 -2.83 -3.75 -5.44 -5.36

Beijing Jingwei Hirain Technologies 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 ¥-17 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.

Beijing Jingwei Hirain Technologies Co  (SHSE:688326) 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.

Beijing Jingwei Hirain Technologies Co's Interest Expense for the three months ended in Sep. 2024 was ¥-5 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-66 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥43 Mil.

Beijing Jingwei Hirain Technologies Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Beijing Jingwei Hirain Technologies 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.

Beijing Jingwei Hirain Technologies Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beijing Jingwei Hirain Technologies Co Inc (SHSE:688326) » Definitions » Interest Expense
Comparable Companies
SZSE:002488 SHSE:600114 SZSE:002239 SHSE:601311 SHSE:600480 SHSE:688612 SZSE:002048 SHSE:688306 SZSE:300151 SZSE:300926 TSE:6902 XPAR:ML TSE:5108 SHSE:600660 GPC MBLY XKRX:012330 TSE:5802 APTV XTER:CON
Traded in Other Exchanges
N/A
Address
No. 14 Jiuxianqiao Road, 4th Floor, Building 1, Chaoyang District, Beijing, CHN, 100191
Website
https://www.hirain.com
Beijing Jingwei Hirain Technologies Co Inc is engaged in providing electronic products, research and development services and solutions, and high-level intelligent driving overall solutions for customers in the fields of automobiles, high-end equipment, and unmanned transportation.
Executives
Ji Ying Cun Directors, senior managers
Cui Wen Ge Supervisors

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