Shenzhen Zhongheng Huafa Co (SZSE:000020) Interest Expense : ¥-0.4 Mil (TTM As of Mar. 2024)

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What is Shenzhen Zhongheng Huafa Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Zhongheng Huafa Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0.4 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 Zhongheng Huafa Co's Operating Income for the three months ended in Mar. 2024 was ¥ 6.2 Mil. Shenzhen Zhongheng Huafa Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Shenzhen Zhongheng Huafa 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.

Shenzhen Zhongheng Huafa Co Interest Expense Historical Data

The historical data trend for Shenzhen Zhongheng Huafa 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 Zhongheng Huafa Co Interest Expense Chart

Shenzhen Zhongheng Huafa Co Annual Data

Trend

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Dec23

Interest Expense

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-10.64

-8.51

-7.87

-5.20

-1.00

Shenzhen Zhongheng Huafa 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															-0.61	-0.02	-0.13	-0.25	0.01

Shenzhen Zhongheng Huafa 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 ¥-0.4 Mil.

Shenzhen Zhongheng Huafa Co (SZSE:000020) 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 Zhongheng Huafa Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥6.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Shenzhen Zhongheng Huafa Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

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. Shenzhen Zhongheng Huafa Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Shenzhen Zhongheng Huafa Co (SZSE:000020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zhongheng Huafa Co Ltd (SZSE:000020) » Definitions » Interest Expense

Traded in Other Exchanges

200020:China

Address

6th Floor, East Block, 411 Building, Huafa (N) Road, Futian District, Guangdong Province, Shenzhen, CHN, 518031

Website

http://www.hwafa.com.cn

Shenzhen Zhongheng Huafa Co Ltd operates in two business industrial and property management. The industrial business mainly includes injection molding, polylon (light-weight packaging materials), and complete machine production and sales of liquid crystal display, and property management business is mainly the lease of its own property. The company engages in producing and sales of vary color TV set, liquid crystal display, LCD, radio-recorder, sound equipment, electronic watch, electronic game and computers, the printed wiring board, precision injection parts, light packaging material and hardware (including tool and mould) for various electronic products and supporting parts, plating and surface treatment and tin wire, development and operation of real estate and property management.

Executives

Huang Yan Bo	Supervisors
Tang Gan Yu	Executives

Shenzhen Zhongheng Huafa Co (SZSE:000020) Headlines

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