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Ping An Bank Co (SZSE:000001) Interest Expense : ¥-111,261 Mil (TTM As of Mar. 2024)


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What is Ping An Bank Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ping An Bank Co's interest expense for the three months ended in Mar. 2024 was ¥ -28,212 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-111,261 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. Ping An Bank Co's Operating Income for the three months ended in Mar. 2024 was ¥ Mil. Ping An Bank Co's Interest Expense for the three months ended in Mar. 2024 was ¥ Mil. 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.


Ping An Bank Co Interest Expense Historical Data

The historical data trend for Ping An Bank 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.

Ping An Bank Co Interest Expense Chart

Ping An Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87,588.00 -87,537.00 -93,200.00 -98,748.00 -109,626.00

Ping An Bank 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 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 -26,577.00 -27,256.00 -27,767.00 -28,026.00 -28,212.00

Ping An Bank 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 ¥-111,261 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.


Ping An Bank Co (SZSE:000001) Business Description

Traded in Other Exchanges
N/A
Address
5047 East Shennan Road, Board Office of Ping On Bank, Guangdong, Shenzhen, CHN, 518001
Ping An Bank is a leading nationwide joint-stock commercial bank with headquarters in Shenzhen. Its parent, Ping An Group, the second-largest insurance company in China, owns about a 58% stake in Ping An Bank. The bank was formerly known as Shenzhen Development Bank and was merged with Ping An Bank in mid-2012. The bank offers a full range of commercial banking services, operating 91 branches and 1,058 outlets in China.

Ping An Bank Co (SZSE:000001) Headlines

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