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JiaXing Gas Group Co (HKSE:09908) Interest Expense : HK$-14 Mil (TTM As of Dec. 2023)


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What is JiaXing Gas Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JiaXing Gas Group Co's interest expense for the six months ended in Dec. 2023 was HK$ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-14 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. JiaXing Gas Group Co's Operating Income for the six months ended in Dec. 2023 was HK$ 123 Mil. JiaXing Gas Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -8 Mil. JiaXing Gas Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 15.53. 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.


JiaXing Gas Group Co Interest Expense Historical Data

The historical data trend for JiaXing Gas Group 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.

JiaXing Gas Group Co Interest Expense Chart

JiaXing Gas Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -21.43 -13.89 -10.98 -12.02 -14.02

JiaXing Gas Group Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.60 -7.13 -5.23 -6.07 -7.95

JiaXing Gas Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14 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.


JiaXing Gas Group Co  (HKSE:09908) 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.

JiaXing Gas Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$-8 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$123 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$345 Mil.

JiaXing Gas Group Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*123.471/-7.952
=15.53

* 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.


JiaXing Gas Group Co (HKSE:09908) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, Building 3, Hualong Plaza,No. 32 Qinyi Road, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN
JiaXing Gas Group Co Ltd is a piped natural gas (PNG) operator in Jiaxing. The company engages in sales of gas, PNG in Jiaxing, LNG and LPG; construction and installation services to construct and install end-user pipeline network and gas facilities; and provision of natural gas transportation services, sales of vapour and construction materials, and leasing of properties. Its customers include residential and non-residential users, property developers and owners or occupants of residential and non-residential properties.
Executives
Xinneng (hong Kong) Energy Investment Limited 2201 Interest of corporation controlled by you
Enn Natural Gas Co., Ltd. 2201 Interest of corporation controlled by you
Zhao Baoju 2201 Interest of corporation controlled by you
Wang Yusuo 2201 Interest of corporation controlled by you
Langfang City Natural Gas Company Limited 2201 Interest of corporation controlled by you
Enn Yingchuang Technology Co., Ltd. 2201 Interest of corporation controlled by you
Enn Investment Holdings Company Limited 2201 Interest of corporation controlled by you
Enn Group International Investment Limited 2201 Interest of corporation controlled by you
Enn Capital Management Co., Ltd. 2201 Interest of corporation controlled by you
Dan Hongying 2202 Interest of your spouse
Liu Zhenjiang 2201 Interest of corporation controlled by you
Xiang Gang Mei Shi Ju Guo Ji Mao Yi You Xian Gong Si 2101 Beneficial owner
Jia Xing Jin Yuan Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Hong Sheng Mu Ye Mao Yi You Xian Gong Si 2101 Beneficial owner
Shen Xiaohong 2201 Interest of corporation controlled by you

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