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Shandongcred Sun Power Sources Co (SZSE:002580) Interest Expense : ¥-11 Mil (TTM As of Mar. 2025)


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What is Shandongcred Sun Power Sources Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandongcred Sun Power Sources Co's interest expense for the three months ended in Mar. 2025 was ¥ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-11 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. Shandongcred Sun Power Sources Co's Operating Income for the three months ended in Mar. 2025 was ¥ 59 Mil. Shandongcred Sun Power Sources Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -3 Mil. Shandongcred Sun Power Sources Co's Interest Coverage for the quarter that ended in Mar. 2025 was 18.30. 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.

Shandongcred Sun Power Sources Co Interest Expense Historical Data

The historical data trend for Shandongcred Sun Power Sources 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.

Shandongcred Sun Power Sources Co Interest Expense Chart

Shandongcred Sun Power Sources 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 -11.23 -7.14 -6.28 -7.32 -9.70

Shandongcred Sun Power Sources 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 -2.40 -3.06 -3.45 -0.80 -3.23

Shandongcred Sun Power Sources 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 ¥-11 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.

Shandongcred Sun Power Sources Co  (SZSE:002580) 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.

Shandongcred Sun Power Sources Co's Interest Expense for the three months ended in Mar. 2025 was ¥-3 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥436 Mil.

Shandongcred Sun Power Sources 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*59.081/-3.228
=18.30

* 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.

Shandongcred Sun Power Sources Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Sacred Sun Power Sources Co Ltd (SZSE:002580) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1 Shengyang Road, Shandong, Qufu, CHN, 273100
Website
http://www.sacredsun.cn
Shandong Sacred Sun Power Sources Co Ltd is engaged in providing stored energy solutions for industrial applications. The company designs, manufactures, and distributes reserve power and motive power batteries. The application area of the company include telecom, UPS, energy storage, and motive power.
Executives
Song Bin Director
Li Dong Guang Supervisors
Zhu Ji Ling Executives
Gao Yun Kui Director
Yang Jun Chao Executives
Yu Hai Long Secretary, Director
Li Shu Hua Supervisors
Sui Yan Bo Directors, executives
Gong Guo Wei Executives
Wang Jun Executives
Kong De Long Executives
Yang Yu Qing Executives
Wang Ping Directors, executives
Li Juan Securities Affairs Representative

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