Laplace Renewable Energy Technology Co (SHSE:688726) Interest Expense: ¥-9 Mil (TTM As of Mar. 2026)

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SHSE:688726 Laplace Renewable Energy Technology Co Ltd SHSE:688726
13 GF Score
Price ¥39.05
! 4 Warning Signs
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What is Laplace Renewable Energy Technology Co Interest Expense?

Laplace Renewable Energy Technology Co SHSE:688726 +4.64% 13 Interest Expense is ¥-9 Mil as of Mar. 2026. GuruFocus rates SHSE:688726 with a GF Score™ of 13/100. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Laplace Renewable Energy Technology Co's interest expense for the three months ended in Mar. 2026 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 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. Laplace Renewable Energy Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥ 171 Mil. Laplace Renewable Energy Technology Co's Interest Expense for the three months ended in Mar. 2026 was ¥ -2 Mil. Laplace Renewable Energy Technology Co's Interest Coverage for the quarter that ended in Mar. 2026 was 85.68. 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.

Laplace Renewable Energy Technology Co  (SHSE:688726) 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.

Laplace Renewable Energy Technology Co's Interest Expense for the three months ended in Mar. 2026 was ¥-2 Mil. Its Operating Income for the three months ended in Mar. 2026 was ¥171 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ¥176 Mil.

Laplace Renewable Energy Technology Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*171.436/-2.001
=85.68

* 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. Laplace Renewable Energy Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Laplace Renewable Energy Technology Co Interest Expense Historical Data

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The historical data trend for Laplace Renewable Energy Technology 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.

Laplace Renewable Energy Technology Co Interest Expense Chart

Laplace Renewable Energy Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial -4.87 -4.56 -3.80 -8.66 -9.40

Laplace Renewable Energy Technology Co Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.43 -2.05 -2.29 -2.62 -2.00
SHSE:688726
13GF Score
Laplace Renewable Energy Technology Co Ltd SHSE:688726
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Laplace Renewable Energy Technology 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-9 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ¥-9 Mil mean?
Laplace Renewable Energy Technology Co (SHSE:688726) has a Interest Expense of ¥-9 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Laplace Renewable Energy Technology Co and its competitors.
Is Laplace Renewable Energy Technology Co's Interest Expense too high?
Laplace Renewable Energy Technology Co's current Interest Expense is ¥-9 Mil. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Interest Expense compare to GEV and ETN?
Laplace Renewable Energy Technology Co's Interest Expense of ¥-9 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Laplace Renewable Energy Technology Co and its competitors. Laplace Renewable Energy Technology Co's current Interest Expense is ¥-9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Interest Expense of ¥-9 Mil. The current Interest Expense is ¥-9 Mil. Laplace Renewable Energy Technology Co's overall GF Score™ is 13/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Laplace Renewable Energy Technology Co (SHSE:688726), the current Interest Expense is ¥-9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Laplace Renewable Energy Technology Co Business Description

Address No. 1, Jikang Road, Kengzi Street, Pingshan District, Guangdong, Shenzhen, CHN, 518122
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
13GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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