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JiaChen Holding Group (HKSE:01937) Effective Interest Rate on Debt % : 2.72% (As of Dec. 2023)


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What is JiaChen Holding Group 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. JiaChen Holding Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$3.3 Mil. JiaChen Holding Group's average total debt for the quarter that ended in Dec. 2023 was HK$121.0 Mil. Therefore, JiaChen Holding Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.72%.

JiaChen Holding Group Effective Interest Rate on Debt % Historical Data

The historical data trend for JiaChen Holding Group'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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JiaChen Holding Group Effective Interest Rate on Debt % Chart

JiaChen Holding Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 6.79 5.36 4.47 4.09 3.71

JiaChen Holding Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.24 4.41 4.26 3.23 2.72

Competitive Comparison of JiaChen Holding Group's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, JiaChen Holding Group'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.

JiaChen Holding Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, JiaChen Holding Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where JiaChen Holding Group's Effective Interest Rate on Debt % falls into.


JiaChen Holding Group Effective Interest Rate on Debt % Calculation

JiaChen Holding Group'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  *  -3.511/( (89.481+99.625)/ 2 )
=-1  *  -3.511/94.553
=3.71 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.058 + 89.423
=89.481

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.008 + 99.617
=99.625

JiaChen Holding Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -3.284/( (142.281+99.625)/ 2 )
=-1  *  -3.284/120.953
=2.72 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.011 + 142.27
=142.281

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.008 + 99.617
=99.625

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

JiaChen Holding Group  (HKSE:01937) Effective Interest Rate on Debt % Explanation

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

JiaChen Holding Group Effective Interest Rate on Debt % Related Terms

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JiaChen Holding Group (HKSE:01937) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:00713 HKSE:02115 HKSE:01897 HKSE:08646 HKSE:01653 HKSE:09938 HKSE:01592 HKSE:00145 HKSE:03313 HKSE:08526 TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu, Changzhou, CHN
Website
https://www.jiachencn.com.cn
JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.
Executives
Shen Min 2201 Interest of corporation controlled by you
Zhang Yaying 2202 Interest of your spouse
Global Yunhong Group Limited 2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Liu Hui 2202 Interest of your spouse
Shen Minghui 2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si 2101 Beneficial owner

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