Shenzhen Kaizhong Precision Technology Co (SZSE:002823) Interest Expense : ¥-50 Mil (TTM As of Mar. 2025)

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What is Shenzhen Kaizhong Precision Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Kaizhong Precision Technology Co's interest expense for the three months ended in Mar. 2025 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-50 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 Kaizhong Precision Technology Co's Operating Income for the three months ended in Mar. 2025 was ¥ 75 Mil. Shenzhen Kaizhong Precision Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -10 Mil. Shenzhen Kaizhong Precision Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 was 7.61. 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 Kaizhong Precision Technology Co Interest Expense Historical Data

The historical data trend for Shenzhen Kaizhong Precision Technology 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.

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Shenzhen Kaizhong Precision Technology Co Interest Expense Chart

Shenzhen Kaizhong Precision Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-51.44

-59.51

-66.59

-69.53

-53.75

Shenzhen Kaizhong Precision Technology 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															-13.24	-19.68	-11.62	-9.21	-9.90

Shenzhen Kaizhong Precision Technology 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 ¥-50 Mil.

Shenzhen Kaizhong Precision Technology Co (SZSE:002823) 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.

Shenzhen Kaizhong Precision Technology Co's Interest Expense for the three months ended in Mar. 2025 was ¥-10 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥420 Mil.

Shenzhen Kaizhong Precision Technology 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	*	75.334	/	-9.896
	=	7.61

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

Shenzhen Kaizhong Precision Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Kaizhong Precision Technology Co Ltd (SZSE:002823) » Definitions » Interest Expense

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Address

No. 1, Planning 4th Road, Longtian Street, Pingshan District, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.kaizhong.com

Shenzhen Kaizhong Precision Technology Co Ltd operates in the Chinese commutator industry. The company is specialized in the research and development and production of various types of quality commutators, slip rings, connectors, battery accessories, lightweight parts, high-strength and elastic parts, multi-layer insulated wires and other core precision parts for motor and electrical control system. Its products are widely applied in automotive, aerospace, household appliances, power tools and medical devices.

Executives

Chen Lei	Executives
Ma Chao Meng	Executives
Wu Qi	Directors, executives
Wu Ying	Director
Deng Gui Bing	Executives
Zhang Hao Yu	Directors, executives
Wu Quan Hong	Executives
Yu Xiao Yun	Director

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