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Hangzhou Wensli Silk Culture Co (SZSE:301066) Interest Expense : ¥-0.1 Mil (TTM As of Mar. 2025)


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What is Hangzhou Wensli Silk Culture Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hangzhou Wensli Silk Culture Co's interest expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-0.1 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. Hangzhou Wensli Silk Culture Co's Operating Income for the three months ended in Mar. 2025 was ¥ 12.9 Mil. Hangzhou Wensli Silk Culture Co's Interest Expense for the three months ended in Mar. 2025 was ¥ -0.0 Mil. Hangzhou Wensli Silk Culture Co's Interest Coverage for the quarter that ended in Mar. 2025 was 390.30. 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.


Hangzhou Wensli Silk Culture Co Interest Expense Historical Data

The historical data trend for Hangzhou Wensli Silk Culture 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.

Hangzhou Wensli Silk Culture Co Interest Expense Chart

Hangzhou Wensli Silk Culture Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.67 -0.15 -0.24 -0.15 -0.11

Hangzhou Wensli Silk Culture 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 -0.02 -0.02 -0.02 -0.05 -0.03

Hangzhou Wensli Silk Culture 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 ¥-0.1 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.


Hangzhou Wensli Silk Culture Co  (SZSE:301066) 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.

Hangzhou Wensli Silk Culture Co's Interest Expense for the three months ended in Mar. 2025 was ¥-0.0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥12.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥138.1 Mil.

Hangzhou Wensli Silk Culture 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*12.88/-0.033
=390.30

* 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.


Hangzhou Wensli Silk Culture Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Tiancheng Road, Room 501, 5th Floor, Building 2, Wanshili Technology Building, Zhejiang Province, Hangzhou, CHN, 310021
Hangzhou Wensli Silk Culture Co Ltd is engaged in the research and development, design, production, and sales of silk related products. It develops high-end silk ornament and silk artworks based on traditional silk fabrics and silk garments. The company's main products can be divided into silk cultural and creative products (own terminal brands) and silk textile products (non-own terminal brands). The silk cultural and creative products with the Wanshili own brand as the core mainly include silk scarves, combination sets, home textiles, branded clothing, scarves, and silk crafts; and the silk textile products provided to women's clothing brands include silk fabrics, OEM clothing, and the digital printing processing services provided to customers by the company.

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