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JA Solar Technology Co (SZSE:002459) Effective Interest Rate on Debt % : 3.77% (As of Mar. 2024)


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What is JA Solar Technology Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. JA Solar Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥649 Mil. JA Solar Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥17,196 Mil. Therefore, JA Solar Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.77%.

JA Solar Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for JA Solar Technology Co's Effective Interest Rate on Debt % 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.

JA Solar Technology Co Effective Interest Rate on Debt % Chart

JA Solar Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 6.52 5.42 4.12 0.67

JA Solar Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % 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 5.13 4.91 7.08 -8.12 3.77

Competitive Comparison of JA Solar Technology Co's Effective Interest Rate on Debt %

For the Solar subindustry, JA Solar Technology Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

JA Solar Technology Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JA Solar Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where JA Solar Technology Co's Effective Interest Rate on Debt % falls into.


JA Solar Technology Co Effective Interest Rate on Debt % Calculation

JA Solar Technology Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -64.019/( (6196.248+12792.782)/ 2 )
=-1  *  -64.019/9494.515
=0.67 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2504.063 + 3692.185
=6196.248

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10989.884 + 1802.898
=12792.782

JA Solar Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -648.684/( (12792.782+21598.609)/ 2 )
=-1  *  -648.684/17195.6955
=3.77 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10989.884 + 1802.898
=12792.782

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17396.535 + 4202.074
=21598.609

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

JA Solar Technology Co  (SZSE:002459) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

JA Solar Technology Co Effective Interest Rate on Debt % Related Terms

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JA Solar Technology Co (SZSE:002459) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JA Solar Technology Co Ltd (SZSE:002459) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SHSE:688599 SHSE:688223 SHSE:688472 SHSE:600732 SZSE:300118 SZSE:002865 SZSE:002506 SZSE:300393 SHSE:688503 SHSE:688408 FSLR ENPH HKSE:00968 SEDG HKSE:03800 ARRY SHLS HKSE:01799 NXT XTER:S92
Traded in Other Exchanges
N/A
Address
East Auto Museum Road, Building 8, Noble Center, Fengtai District, Beijing, CHN, 100160
Website
http://www.jasolar.com
JA Solar Technology Co Ltd is engaged in production and sales of silicon wafers, solar cells and solar cell modules, as well as the development, construction and operation of solar photovoltaic power stations. The company produces monocrystalline silicon rods and monocrystalline silicon wafers; solar cells and modules; research and development of solar products; sales of solar cells, modules and related products and raw materials; solar photovoltaic grid-connected power generation and sales of electricity.
Executives
Cao Yang Feng Director
Zhang Li Directors, executives
Cui Qian Supervisors
Zhang Hao Yi Directors, executives
Wang Jin Xiang Executives
Zhu Xin Sheng Director
Wang Xiang Dong Supervisors
Yang Zhi Bao Executives
Yang Qing Fen Director
Huang Yi Cheng Director
Xu Bo Directors, executives
Yang Zhen Zhong Supervisors
Xue Jian Min Executives
Feng Huan Fu Executives
Li Tian Nong Executives

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