Shandong Chenming Paper Holdings (HKSE:01812) Effective Interest Rate on Debt % : 3.64% (As of Mar. 2024)

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What is Shandong Chenming Paper Holdings 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. Shandong Chenming Paper Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was HK$1,671 Mil. Shandong Chenming Paper Holdings's average total debt for the quarter that ended in Mar. 2024 was HK$45,917 Mil. Therefore, Shandong Chenming Paper Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.64%.

Shandong Chenming Paper Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Shandong Chenming Paper Holdings'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.

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Shandong Chenming Paper Holdings Effective Interest Rate on Debt % Chart

Shandong Chenming Paper Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.41

6.29

5.65

4.38

4.34

Shandong Chenming Paper Holdings 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															3.79	3.99	4.06	5.86	3.64

Competitive Comparison of Shandong Chenming Paper Holdings's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Shandong Chenming Paper Holdings'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.

Shandong Chenming Paper Holdings's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Chenming Paper Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shandong Chenming Paper Holdings's Effective Interest Rate on Debt % falls into.

Shandong Chenming Paper Holdings Effective Interest Rate on Debt % Calculation

Shandong Chenming Paper Holdings'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 * -2087.362	/	( (50357.565	+	45753.229)	/ 2 )
=	-1 * -2087.362	/	48055.397
=	4.34 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4506.873	+	45850.692
=	50357.565

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5165.92	+	40587.309
=	45753.229

Shandong Chenming Paper Holdings'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 * -1671.396	/	( (45753.229	+	46080.118)	/ 2 )
=	-1 * -1671.396	/	45916.6735
=	3.64 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5165.92	+	40587.309
=	45753.229

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4958.726	+	41121.392
=	46080.118

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.

Shandong Chenming Paper Holdings (HKSE:01812) Effective Interest Rate on Debt % Explanation

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

Shandong Chenming Paper Holdings Effective Interest Rate on Debt % Related Terms

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Shandong Chenming Paper Holdings (HKSE:01812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Chenming Paper Holdings Ltd (HKSE:01812) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

SCD1:Germany 200488:China 000488:China

Address

No. 2199 Nongsheng East Road, Shandong Province, Shouguang, CHN, 262705

Website

http://www.chenmingpaper.com

Shandong Chenming Paper Holdings Ltd is a paper making company. The company's product mix consists of printing paper, packaging paper, office paper, industrial paper and household paper, and various other types of paper mixes. Maximum revenue is derived from the sale of its paper products. The company's segments are Machine-made paper, Financial services, Hotels and property, and other segments. Geographically, it derives a majority of revenue from Mainland China.

Executives

Shou Guang Chen Ming Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Ming Kong Gu Xiang Gang You Xian Gong Si	2101 Beneficial owner

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