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Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Interest Expense : ¥-21 Mil (TTM As of Jun. 2024)


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What is Shenzhen Sunshine Laser and Electronics Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Sunshine Laser and Electronics Technology Co's interest expense for the three months ended in Jun. 2024 was ¥ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-21 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 Sunshine Laser and Electronics Technology Co's Operating Income for the three months ended in Jun. 2024 was ¥ 20 Mil. Shenzhen Sunshine Laser and Electronics Technology Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -5 Mil. Shenzhen Sunshine Laser and Electronics Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 was 4.34. 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 Sunshine Laser and Electronics Technology Co Interest Expense Historical Data

The historical data trend for Shenzhen Sunshine Laser and Electronics 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.

* Premium members only.

Shenzhen Sunshine Laser and Electronics Technology Co Interest Expense Chart

Shenzhen Sunshine Laser and Electronics Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.04 -15.47 -18.92 -19.52 -21.79

Shenzhen Sunshine Laser and Electronics Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -7.38 -2.23 -7.89 -6.12 -4.51

Shenzhen Sunshine Laser and Electronics 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-21 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.


Shenzhen Sunshine Laser and Electronics Technology Co  (SZSE:300227) 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.

Shenzhen Sunshine Laser and Electronics Technology Co's Interest Expense for the three months ended in Jun. 2024 was ¥-5 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥190 Mil.

Shenzhen Sunshine Laser and Electronics Technology Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*19.57/-4.512
=4.34

* 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.


Shenzhen Sunshine Laser and Electronics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, 1st Floor, Block C, Tsinghua Unisplendour Technology Park, Nanshan District, Shenzhen, CHN, 518051
Shenzhen Sunshine Laser and Electronics Technology Co Ltd is engaged in providing laser technology and application services to manufacturing and processing industries. The products and services of the company include additive manufacturing, laser three dimensional circuit, flexible circuit board laser forming, precision laser drilling, and precision laser template.
Executives
Wang Rong Directors, executives
Zhang Hong Yu Directors, executives
Wang Jun Executives
Hou Ruo Hong Directors, executives
Fan Rong Securities Affairs Representative
Cai Zhi Xiang Executives
Li Lu Secretary Dong
Zhang Yu Feng Director
Chen Xuan Executives

Shenzhen Sunshine Laser and Electronics Technology Co Headlines

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