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Beijing Properties (Holdings) (HKSE:00925) Interest Expense : HK$-415 Mil (TTM As of Jun. 2024)


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What is Beijing Properties (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Properties (Holdings)'s interest expense for the six months ended in Jun. 2024 was HK$ -170 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-415 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. Beijing Properties (Holdings)'s Operating Income for the six months ended in Jun. 2024 was HK$ 52 Mil. Beijing Properties (Holdings)'s Interest Expense for the six months ended in Jun. 2024 was HK$ -170 Mil. Beijing Properties (Holdings)'s Interest Coverage for the quarter that ended in Jun. 2024 was 0.31. 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.


Beijing Properties (Holdings) Interest Expense Historical Data

The historical data trend for Beijing Properties (Holdings)'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.

Beijing Properties (Holdings) Interest Expense Chart

Beijing Properties (Holdings) 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 -494.65 -609.53 -598.35 -586.58 -518.77

Beijing Properties (Holdings) Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -293.63 -306.84 -273.58 -245.19 -170.15

Beijing Properties (Holdings) 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-415 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.


Beijing Properties (Holdings)  (HKSE:00925) 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.

Beijing Properties (Holdings)'s Interest Expense for the six months ended in Jun. 2024 was HK$-170 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$52 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$8,406 Mil.

Beijing Properties (Holdings)'s Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*52.315/-170.154
=0.31

* 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. Beijing Properties (Holdings) Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Beijing Properties (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Properties (Holdings) Ltd is principally engaged in real estate including high-end and modern general warehouses, supply chain development, specialized wholesale market, industrial property, commercial property, and primary land development. The company has five segments that are Properties, Logistics, Industrial, trading, and Primary Land Development. The Trading business segment generates maximum revenue which is engaged in the trading of frozen products. It group has a business presence in Mainland China and Hong Kong, of which key revenue is derived from Mainland China.
Executives
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Real Estate (hk) Limited 2101 Beneficial owner
Brilliant Bright Holdings Limited 2201 Interest of corporation controlled by you
Beijing Holdings Limited 2201 Interest of corporation controlled by you

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