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Dongguan Winnerway Industrial Zone (SZSE:000573) Interest Expense : ¥-17.2 Mil (TTM As of Mar. 2024)


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What is Dongguan Winnerway Industrial Zone Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dongguan Winnerway Industrial Zone's interest expense for the three months ended in Mar. 2024 was ¥ -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-17.2 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. Dongguan Winnerway Industrial Zone's Operating Income for the three months ended in Mar. 2024 was ¥ -6.2 Mil. Dongguan Winnerway Industrial Zone's Interest Expense for the three months ended in Mar. 2024 was ¥ -2.8 Mil. Dongguan Winnerway Industrial Zone 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.

Dongguan Winnerway Industrial Zone Interest Expense Historical Data

The historical data trend for Dongguan Winnerway Industrial Zone'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.

Dongguan Winnerway Industrial Zone Interest Expense Chart

Dongguan Winnerway Industrial Zone 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 -31.35 -45.12 -38.38 -20.00 -17.56

Dongguan Winnerway Industrial Zone 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 -3.18 -3.32 -3.00 -8.06 -2.83

Dongguan Winnerway Industrial Zone 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 ¥-17.2 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.

Dongguan Winnerway Industrial Zone  (SZSE:000573) 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.

Dongguan Winnerway Industrial Zone's Interest Expense for the three months ended in Mar. 2024 was ¥-2.8 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 ¥98.5 Mil.

Dongguan Winnerway Industrial Zone's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Dongguan Winnerway Industrial Zone did not have earnings to cover the interest expense.

* 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.

Dongguan Winnerway Industrial Zone (SZSE:000573) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dongguan Winnerway Industrial Zone Ltd (SZSE:000573) » Definitions » Interest Expense
Comparable Companies
SHSE:603506 SHSE:603682 SZSE:000668 SHSE:600665 SZSE:002968 SZSE:000609 SHSE:600716 SZSE:000931 SHSE:600620 SZSE:000861 CSGP CBRE XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:QHOLDING OSTO:AKEL D HKSE:01972 MIL:INW
Traded in Other Exchanges
N/A
Address
Hongyuan Industrial Zone, Hongyuan Road Builing 16th Floor, Nancheng District, Guangdong Province, Dongguan, CHN, 523087
Website
http://www.winnerway.com.cn
Dongguan Winnerway Industrial Zone Ltd is mainly engaged in the development, operation, sale and lease of real estate in China. The company is also involved in the construction of water supply and electric power projects.
Executives
Wang Lian Ying Directors, executives
Zhou Ming Xuan Director
Feng Bing Qiang Supervisors
Huang Yi Supervisors

Dongguan Winnerway Industrial Zone (SZSE:000573) Headlines

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