GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hi-Trend Technology (Shanghai) Co Ltd (SHSE:688391) » Definitions » Interest Expense

Hi-Trend Technology (Shanghai) Co (SHSE:688391) Interest Expense : ¥-0.2 Mil (TTM As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Hi-Trend Technology (Shanghai) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hi-Trend Technology (Shanghai) Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.2 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. Hi-Trend Technology (Shanghai) Co's Operating Income for the three months ended in Mar. 2025 was ¥ -1.1 Mil. Hi-Trend Technology (Shanghai) Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Hi-Trend Technology (Shanghai) 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.


Hi-Trend Technology (Shanghai) Co Interest Expense Historical Data

The historical data trend for Hi-Trend Technology (Shanghai) 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.

Hi-Trend Technology (Shanghai) Co Interest Expense Chart

Hi-Trend Technology (Shanghai) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.10 -0.13 -0.40 -0.22

Hi-Trend Technology (Shanghai) Co Quarterly Data
Jun17 Dec18 Dec19 Dec20 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 -0.06 -0.07 -0.05 -0.04 -0.02

Hi-Trend Technology (Shanghai) 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 ¥-0.2 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.


Hi-Trend Technology (Shanghai) Co  (SHSE:688391) 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.

Hi-Trend Technology (Shanghai) Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥-1.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥0.0 Mil.

Hi-Trend Technology (Shanghai) Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Hi-Trend Technology (Shanghai) 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hi-Trend Technology (Shanghai) Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Hi-Trend Technology (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1388 Zhangdong Road, Room 101, Building 16, Pilot Free Trade Zone, Shanghai, CHN, 201203
Hi-Trend Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of smart grid terminal equipment chips.
Executives
Yang Shi Cong Director
Zhang Xu Ming Senior management, core technical personnel
Zheng Wen Chang senior management
Wang Yong Core technical personnel

Hi-Trend Technology (Shanghai) Co Headlines

No Headlines