China PengFei Group (HKSE:03348) Effective Interest Rate on Debt % : 1.10% (As of Dec. 2023)

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What is China PengFei 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. China PengFei Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$1 Mil. China PengFei Group's average total debt for the quarter that ended in Dec. 2023 was HK$61 Mil. Therefore, China PengFei Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.10%.

China PengFei Group Effective Interest Rate on Debt % Historical Data

The historical data trend for China PengFei 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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China PengFei Group Effective Interest Rate on Debt % Chart

China PengFei Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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715.85

6.58

8.06

0.21

0.74

China PengFei Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								6.84	3.76	0.42	0.73	1.10

Competitive Comparison of China PengFei Group's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, China PengFei 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.

China PengFei Group's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China PengFei Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

China PengFei Group Effective Interest Rate on Debt % Calculation

China PengFei 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 * -0.663	/	( (117.715	+	60.499)	/ 2 )
=	-1 * -0.663	/	89.107
=	0.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.884	+	97.831
=	117.715

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.623	+	40.876
=	60.499

China PengFei 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 * -0.668	/	( (61.355	+	60.499)	/ 2 )
=	-1 * -0.668	/	60.927
=	1.10 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.538	+	39.817
=	61.355

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.623	+	40.876
=	60.499

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.

China PengFei Group (HKSE:03348) Effective Interest Rate on Debt % Explanation

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

China PengFei Group Effective Interest Rate on Debt % Related Terms

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China PengFei Group (HKSE:03348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China PengFei Group Ltd (HKSE:03348) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Benjiaji, Beijiao, Jiangsu Province, Haian, CHN

Website

http://www.pengfei.com.cn

China PengFei Group Ltd is engaged in equipment manufacturing and installation, and construction of production line business. It manufactures Rotary kilns, Grinding equipment, and their related equipment in the PRC and various markets. The group derives prime revenue from Mainland China.

Executives

Ambon Holding Limited	2101 Beneficial owner
Wang Jiaan	2201 Interest of corporation controlled by you
Pf International Group Limited	2101 Beneficial owner
Pf Global Limited	2101 Beneficial owner

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