Shenzhen United Winners Laser Co (SHSE:688518) Interest Expense : ¥-9 Mil (TTM As of Mar. 2024)

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What is Shenzhen United Winners Laser Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen United Winners Laser Co's interest expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-9 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. Shenzhen United Winners Laser Co's Operating Income for the three months ended in Mar. 2024 was ¥ 49 Mil. Shenzhen United Winners Laser Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -3 Mil. Shenzhen United Winners Laser Co's Interest Coverage for the quarter that ended in Mar. 2024 was 16.42. 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.

Shenzhen United Winners Laser Co Interest Expense Historical Data

The historical data trend for Shenzhen United Winners Laser 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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Shenzhen United Winners Laser Co Interest Expense Chart

Shenzhen United Winners Laser Co Annual Data

Trend

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Dec23

Interest Expense

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-4.73

-1.26

-1.24

-3.73

-7.38

Shenzhen United Winners Laser Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.69	-1.70	-1.87	-2.13	-2.99

Shenzhen United Winners Laser 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-9 Mil.

Shenzhen United Winners Laser Co (SHSE:688518) 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.

Shenzhen United Winners Laser Co's Interest Expense for the three months ended in Mar. 2024 was ¥-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5 Mil.

Shenzhen United Winners Laser Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	49.093	/	-2.99
	=	16.42

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

Shenzhen United Winners Laser Co (SHSE:688518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen United Winners Laser Co Ltd (SHSE:688518) » Definitions » Interest Expense

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Address

3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055

Website

http://www.uwlaser.com

Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.

Executives

Zhou Hang	Core technical personnel
Lu Guo Jie	senior management
Qin Lei	senior management
Xie Qiang	senior management
Li Yi	senior management
Guo Zi Ran	senior management
Niu Zeng Qiang	Director
Han Jin Long	Director
Jia Song	Director

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