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Zhejiang Asia-Pacific Mechanical & Electronics Co (SZSE:002284) Interest Expense : ¥-17 Mil (TTM As of Mar. 2025)


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What is Zhejiang Asia-Pacific Mechanical & Electronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Asia-Pacific Mechanical & Electronics Co's interest expense for the three months ended in Mar. 2025 was ¥ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-17 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. Zhejiang Asia-Pacific Mechanical & Electronics Co's Operating Income for the three months ended in Mar. 2025 was ¥ 109 Mil. Zhejiang Asia-Pacific Mechanical & Electronics Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -1 Mil. Zhejiang Asia-Pacific Mechanical & Electronics Co's Interest Coverage for the quarter that ended in Mar. 2025 was 110.27. 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.


Zhejiang Asia-Pacific Mechanical & Electronics Co Interest Expense Historical Data

The historical data trend for Zhejiang Asia-Pacific Mechanical & Electronics 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.

Zhejiang Asia-Pacific Mechanical & Electronics Co Interest Expense Chart

Zhejiang Asia-Pacific Mechanical & Electronics 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 -57.60 -63.21 -66.49 -123.92 -19.52

Zhejiang Asia-Pacific Mechanical & Electronics 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 -3.38 -10.25 -4.38 -1.50 -0.99

Zhejiang Asia-Pacific Mechanical & Electronics 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 ¥-17 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.


Zhejiang Asia-Pacific Mechanical & Electronics Co  (SZSE:002284) 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.

Zhejiang Asia-Pacific Mechanical & Electronics Co's Interest Expense for the three months ended in Mar. 2025 was ¥-1 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥109 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥1 Mil.

Zhejiang Asia-Pacific Mechanical & Electronics 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*109.384/-0.992
=110.27

* 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.


Zhejiang Asia-Pacific Mechanical & Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No.1399 Yatai Road, Xiaoshan Distrcit, Hangzhou, CHN, 311203
Zhejiang Asia-Pacific Mechanical & Electronics Co Ltd is engaged in the development, production, and sales of complete vehicle brake systems. The products of the company include commercial vehicle brake product, brake caliper, booster, brake disc, drum brake, rear drum brake, front drum brake, handbrake, and clutch pump.
Executives
Huang Lai Xing Director
Shi Rui Kang Executives
Shi Ji Fa Directors, executives
Qian Yi Min Independent director
Huang Wei Chao Executives
Zheng Rong Executives
Liu Yun Independent director
Hu Shui Bing Supervisors
Fei Zhong Xin Director
Chen Ya Hua Directors, executives

Zhejiang Asia-Pacific Mechanical & Electronics Co Headlines

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