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Chongqing Polycomp International (SZSE:301526) Interest Expense : ¥-320 Mil (TTM As of Mar. 2025)


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What is Chongqing Polycomp International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chongqing Polycomp International's interest expense for the three months ended in Mar. 2025 was ¥ -61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-320 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. Chongqing Polycomp International's Operating Income for the three months ended in Mar. 2025 was ¥ 105 Mil. Chongqing Polycomp International's Interest Expense for the three months ended in Mar. 2025 was ¥ -61 Mil. Chongqing Polycomp International's Interest Coverage for the quarter that ended in Mar. 2025 was 1.71. 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.


Chongqing Polycomp International Interest Expense Historical Data

The historical data trend for Chongqing Polycomp International'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.

Chongqing Polycomp International Interest Expense Chart

Chongqing Polycomp International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -405.11 -344.83 -331.67 -356.67 -341.56

Chongqing Polycomp International Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 -82.24 -87.36 -86.43 -85.53 -61.02

Chongqing Polycomp International 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 ¥-320 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.


Chongqing Polycomp International  (SZSE:301526) 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.

Chongqing Polycomp International's Interest Expense for the three months ended in Mar. 2025 was ¥-61 Mil. Its Operating Income for the three months ended in Mar. 2025 was ¥105 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ¥3,553 Mil.

Chongqing Polycomp International'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*104.57/-61.023
=1.71

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Chongqing Polycomp International Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Chongqing Polycomp International Business Description

Traded in Other Exchanges
N/A
Address
Area B, Jianqiao Industrial Park, Dadukou, Chongqing, CHN, 400082
Chongqing Polycomp International Corp is engaged in research & development, production and sales of glass fiber and its products.

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