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Qingdao Choho Industry Co (SZSE:003033) Interest Expense : ¥-17 Mil (TTM As of Dec. 2024)


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What is Qingdao Choho Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qingdao Choho Industry Co's interest expense for the three months ended in Dec. 2024 was ¥ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. Qingdao Choho Industry Co's Operating Income for the three months ended in Dec. 2024 was ¥ 32 Mil. Qingdao Choho Industry Co's Interest Expense for the three months ended in Dec. 2024 was ¥ -4 Mil. Qingdao Choho Industry Co's Interest Coverage for the quarter that ended in Dec. 2024 was 8.57. 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.

Qingdao Choho Industry Co Interest Expense Historical Data

The historical data trend for Qingdao Choho Industry 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.

Qingdao Choho Industry Co Interest Expense Chart

Qingdao Choho Industry 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 -1.36 -1.66 -5.78 -15.45 -16.73

Qingdao Choho Industry Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -4.36 -4.51 -4.24 -4.22 -3.76

Qingdao Choho Industry 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 Dec. 2024 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.

Qingdao Choho Industry Co  (SZSE:003033) 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.

Qingdao Choho Industry Co's Interest Expense for the three months ended in Dec. 2024 was ¥-4 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥507 Mil.

Qingdao Choho Industry Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*32.248/-3.764
=8.57

* 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.

Qingdao Choho Industry Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qingdao Choho Industry Co Ltd (SZSE:003033) » Definitions » Interest Expense
Comparable Companies
SZSE:301529 SZSE:301181 SZSE:300816 SZSE:301133 SZSE:301170 SHSE:603949 SZSE:301229 SHSE:603048 SZSE:300707 SHSE:603655 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802
Traded in Other Exchanges
N/A
Address
No. 99, Xiamen Road, Economic Development Zone, Shandong Province, Pingdu, Qingdao, CHN, 266700
Website
https://www.chohogroup.com
Qingdao Choho Industry Co Ltd is engaged in the manufacturing and sales of various chain drive systems. It is in the fields of agricultural machinery chain system and industrial automation chain system. It has provided products and technical services to more than 50 companies including Honda, Suzuki, Yamaha, BMW, Grand Yangtze River, Piaggio, Geely, BYD, Jiangling Ford, Knorr-Bremse, and China North Industries group.
Executives
Chen Li Peng Directors, executives
Mou Jia Hai Directors, executives
Xiang Hua Director
Liu Yi Executives
Zheng Lin Kun Directors, executives
Xu Da Zhi Executives
Fang Xiang Supervisors

Qingdao Choho Industry Co Headlines

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