Jiangsu Baichuan High-Tech New Materials Co (SZSE:002455) Interest Expense : ¥-235 Mil (TTM As of Mar. 2025)

View and export this data going back to 2010. Start your Free Trial

What is Jiangsu Baichuan High-Tech New Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiangsu Baichuan High-Tech New Materials Co's interest expense for the three months ended in Mar. 2025 was ¥ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-235 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. Jiangsu Baichuan High-Tech New Materials Co's Operating Income for the three months ended in Mar. 2025 was ¥ 62 Mil. Jiangsu Baichuan High-Tech New Materials Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -50 Mil. Jiangsu Baichuan High-Tech New Materials Co's Interest Coverage for the quarter that ended in Mar. 2025 was 1.23. 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.

Jiangsu Baichuan High-Tech New Materials Co Interest Expense Historical Data

The historical data trend for Jiangsu Baichuan High-Tech New Materials 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.

Jiangsu Baichuan High-Tech New Materials Co Interest Expense Chart

Jiangsu Baichuan High-Tech New Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-25.33

-61.91

-85.42

-131.22

-229.43

Jiangsu Baichuan High-Tech New Materials 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															-44.70	-57.36	-58.15	-69.22	-50.03

Jiangsu Baichuan High-Tech New Materials 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 ¥-235 Mil.

Jiangsu Baichuan High-Tech New Materials Co (SZSE:002455) 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.

Jiangsu Baichuan High-Tech New Materials Co's Interest Expense for the three months ended in Mar. 2025 was ¥-50 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥1,890 Mil.

Jiangsu Baichuan High-Tech New Materials 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	*	61.627	/	-50.027
	=	1.23

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jiangsu Baichuan High-Tech New Materials Co Ltd interest coverage is 1.26, which is low.

Jiangsu Baichuan High-Tech New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Baichuan High-Tech New Materials Co Ltd (SZSE:002455) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Jianshe Lu, Yunting Town, Jiangsu Province, Jiangyin, CHN, 214422

Website

http://www.bcchem.com

Jiangsu Baichuan High-Tech New Materials Co Ltd is engaged in hi-tech fine chemical products. It is engaged in research, development, and production of many environment-friendly chemical products, such as acetates, propylene glycol ether and its esters, acid anhydrides, plasticizer, polyatomic alcohols, insulating resins and enamel wire paints. The company's products are widely used in many fields, such as paintings, cementing compounds, pharmaceutical and medical treatment, household appliances, carpentry furniture, finishing and decoration, toys for children, package printing, industrial equipment, and road marking.

Executives

Zheng Tie Jiang	Director
Sun Bai Ya	Executives
Jiang Guo Qiang	Directors, executives
Cao Sheng Ping	Executives
Cao Cai E	Executives
Weng Jun Wei	Supervisors
Chen Hui Min	Directors, executives
Zheng Jiang	Directors, executives
Hui Ning	Director
Cheng Guo Liang	Supervisors
Xu Wei	Supervisors

Jiangsu Baichuan High-Tech New Materials Co Headlines

No Headlines