Changhong Huayi Compressor Co (SZSE:000404) Interest Expense : ¥-59 Mil (TTM As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Changhong Huayi Compressor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changhong Huayi Compressor Co's interest expense for the three months ended in Mar. 2024 was ¥ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-59 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. Changhong Huayi Compressor Co's Operating Income for the three months ended in Mar. 2024 was ¥ 121 Mil. Changhong Huayi Compressor Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -17 Mil. Changhong Huayi Compressor Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.24. 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.

Changhong Huayi Compressor Co Interest Expense Historical Data

The historical data trend for Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co Interest Expense Chart

Changhong Huayi Compressor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-61.97

-52.60

-36.89

-41.45

-55.94

Changhong Huayi Compressor 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															-13.34	-17.67	-12.04	-12.90	-16.66

Changhong Huayi Compressor 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 ¥-59 Mil.

Changhong Huayi Compressor Co (SZSE:000404) 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.

Changhong Huayi Compressor Co's Interest Expense for the three months ended in Mar. 2024 was ¥-17 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥121 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥423 Mil.

Changhong Huayi Compressor 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	*	120.584	/	-16.664
	=	7.24

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

Changhong Huayi Compressor Co (SZSE:000404) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changhong Huayi Compressor Co Ltd (SZSE:000404) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001

Website

https://www.hua-yi.cn

Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.

Executives

Yang Fan	Executives
Shi Qiang	Secretary, Director
Yu Wan Chun	Executives
Chen Si Yuan	Supervisors
Zhang Qin Jian	Directors, executives
Yang Xiu Biao	Director
Xiao Wen Yi	Directors, executives
He Cheng Zhi	Executives
Pang Hai Tao	Executives
Fu Nian Ping	Director
Wu Wei Yu	Directors, executives
Cha Chun Xia	Supervisors
Wang Guo Qing	Executives
Wu Jing Hua	Executives
Zhu Jin Song	Directors, executives

Changhong Huayi Compressor Co (SZSE:000404) Headlines

No Headlines