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Junhe Pumps Holding Co (SHSE:603617) Interest Expense : ¥-16.2 Mil (TTM As of Mar. 2024)


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What is Junhe Pumps Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Junhe Pumps Holding Co's interest expense for the three months ended in Mar. 2024 was ¥ -6.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-16.2 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. Junhe Pumps Holding Co's Operating Income for the three months ended in Mar. 2024 was ¥ 16.4 Mil. Junhe Pumps Holding Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -6.4 Mil. Junhe Pumps Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.59. 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.


Junhe Pumps Holding Co Interest Expense Historical Data

The historical data trend for Junhe Pumps Holding 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.

Junhe Pumps Holding Co Interest Expense Chart

Junhe Pumps Holding 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 -5.92 -6.08 -18.26 -32.94 -15.15

Junhe Pumps Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.30 -2.31 -2.14 -5.41 -6.35

Junhe Pumps Holding 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-16.2 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.


Junhe Pumps Holding Co  (SHSE:603617) 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.

Junhe Pumps Holding Co's Interest Expense for the three months ended in Mar. 2024 was ¥-6.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥16.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥0.0 Mil.

Junhe Pumps Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*16.426/-6.351
=2.59

* 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.


Junhe Pumps Holding Co (SHSE:603617) Business Description

Traded in Other Exchanges
N/A
Address
Yin Western Avenue, Haishu District, Zhejiang Province, Ningbo City, CHN, 315171
Junhe Pumps Holding Co Ltd is mainly engaged in the research and development, design and manufacture of household pump products in China. It products portfolio includes such as submersible pumps, garden pumps, deep well pumps and fountain pumps. Its products are widely used in household water supply and drainage, sewage, garden and agricultural irrigation, home cleaning and landscaping and other fields.
Executives
Xu Hai Liang senior management
Lin Shan Shan Directors, senior managers
Chen Jia Wei senior management
Fan Chao Chun senior management
Yang Chun Hai Supervisors
Zheng Jian Xiang Supervisors
Hu Li Bo Director
Zhou Hui Qin Directors, senior managers
Dong Gui Ping Supervisors
Zhang Jun Bo Director
Zhang Yi Peng Director
Jiang Liang Bo senior management
Zhang A Hua Director

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