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Hunan Huamin Holdings Co (SZSE:300345) Interest Expense : ¥-40 Mil (TTM As of Sep. 2024)


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What is Hunan Huamin Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hunan Huamin Holdings Co's interest expense for the three months ended in Sep. 2024 was ¥ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-40 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. Hunan Huamin Holdings Co's Operating Income for the three months ended in Sep. 2024 was ¥ -46 Mil. Hunan Huamin Holdings Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -17 Mil. Hunan Huamin Holdings Co did not have earnings to cover the interest expense. 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.


Hunan Huamin Holdings Co Interest Expense Historical Data

The historical data trend for Hunan Huamin Holdings 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.

Hunan Huamin Holdings Co Interest Expense Chart

Hunan Huamin Holdings 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 -4.54 -0.33 -0.46 -0.65 -16.75

Hunan Huamin Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.48 -4.24 -6.79 -11.52 -17.21

Hunan Huamin Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-40 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.


Hunan Huamin Holdings Co  (SZSE:300345) 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.

Hunan Huamin Holdings Co's Interest Expense for the three months ended in Sep. 2024 was ¥-17 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥5 Mil.

Hunan Huamin Holdings Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Hunan Huamin Holdings Co did not have earnings to cover the interest expense.

* 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.


Hunan Huamin Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 068 Jinsha West Road, Jinzhou New District, Hunan Province, Changsha, CHN, 410600
Hunan Huamin Holdings Co Ltd is engaged in provision of high-efficiency ball mill comprehensive energy-saving technology in the mining, cement and thermal power industries; industrial promotion of controlled ion infiltration (PIP) technology. The company produces, processes and sells rinding balls, grinding sections, roller wear-resistant parts and various wear-resistant new materials; production, sales and disassembly of lining plates; research and development, production and sales of polymer materials; research and development of energy-saving technologies for ball mills, among others.
Executives
Gao Xian Yong Executives
Dai Gui Zhong Executives
Xia Yu Directors, executives
Chen Ai Wen Independent director
Chen Gui Supervisors
Peng Guo Qun Supervisors
Zhang Li Executives
Zhu Hong Yu Directors, Directors, and Executives
Chen Xin Wen Secretary Dong

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