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Shenzhen Deren Electronic Co (SZSE:002055) Interest Expense : ¥-110 Mil (TTM As of Mar. 2025)


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What is Shenzhen Deren Electronic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Deren Electronic Co's interest expense for the three months ended in Mar. 2025 was ¥ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-110 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 Deren Electronic Co's Operating Income for the three months ended in Mar. 2025 was ¥ 55 Mil. Shenzhen Deren Electronic Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -25 Mil. Shenzhen Deren Electronic Co's Interest Coverage for the quarter that ended in Mar. 2025 was 2.19. 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 Deren Electronic Co Interest Expense Historical Data

The historical data trend for Shenzhen Deren Electronic 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.

Shenzhen Deren Electronic Co Interest Expense Chart

Shenzhen Deren Electronic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -218.36 -238.36 -146.61 -146.33 -120.26

Shenzhen Deren Electronic Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -34.81 -35.82 -34.97 -14.66 -24.99

Shenzhen Deren Electronic 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-110 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.


Shenzhen Deren Electronic Co  (SZSE:002055) 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.

Shenzhen Deren Electronic Co's Interest Expense for the three months ended in Mar. 2025 was ¥-25 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥154 Mil.

Shenzhen Deren Electronic Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*54.817/-24.994
=2.19

* 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.


Shenzhen Deren Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
Guangming Street, Deren Industrial Park, Guanguang Road, Guangdong Province, Shenzhen, CHN, 518107
Shenzhen Deren Electronic Co Ltd is a China-based company principally engaged in research, development, manufacturing, and sales of connectors and precision components for home appliance, consumer, and automotive electronics, and telematics technology. Their products include electronic connectors, electronic wire harnesses, precision molds and automotive electronics. Geographically, the company has its business presence in China and other international countries. The organization has three business groups, Home appliance and Consumer Electronics Business Group, Automotive Electronics and Electrics Business Group and Telematics Business Group.
Executives
Rao Qi Executives
Wang Shao Hua Directors, executives
Tian Nan Lv Director
Su Jin Director
Song Sheng Lin Executives
He Lian Hua Securities Affairs Representative
Qiu Wei Min Director
Qiu Jian Min Director
Wang Da Peng Executives
Lan Yu Ping Director
Li Xu Gen Supervisors
Chen Jie Supervisors

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