Zhi Sheng Group Holdings (HKSE:08370) Effective Interest Rate on Debt % : 13.27% (As of Dec. 2023)

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What is Zhi Sheng Group 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. Zhi Sheng Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$11.98 Mil. Zhi Sheng Group Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$90.33 Mil. Therefore, Zhi Sheng Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 13.27%.

Zhi Sheng Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Zhi Sheng Group 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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Zhi Sheng Group Holdings Effective Interest Rate on Debt % Chart

Zhi Sheng Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

Effective Interest Rate on Debt %

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6.41

14.32

12.43

Zhi Sheng Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.35	12.95	12.01	13.27	13.27

Competitive Comparison of Zhi Sheng Group Holdings's Effective Interest Rate on Debt %

For the Business Equipment & Supplies subindustry, Zhi Sheng Group 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.

Zhi Sheng Group Holdings's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhi Sheng Group Holdings's Effective Interest Rate on Debt % falls into.

Zhi Sheng Group Holdings Effective Interest Rate on Debt % Calculation

Zhi Sheng Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -10.807	/	( (84.526	+	89.294)	/ 2 )
=	-1 * -10.807	/	86.91
=	12.43 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	80.359	+	4.167
=	84.526

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	89.294
=	89.294

Zhi Sheng Group Holdings'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -11.984	/	( (0	+	90.332)	/ 1 )
=	-1 * -11.984	/	90.332
=	13.27 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	90.332
=	90.332

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

Zhi Sheng Group Holdings (HKSE:08370) Effective Interest Rate on Debt % Explanation

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

Zhi Sheng Group Holdings Effective Interest Rate on Debt % Related Terms

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Zhi Sheng Group Holdings (HKSE:08370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhi Sheng Group Holdings Ltd (HKSE:08370) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

222 Tianren Road, 3rd Floor, Gaoxin District, Sichuan Province, Chengdu, CHN

Website

https://www.qtbgjj.com

Zhi Sheng Group Holdings Ltd is an investment holding company. It is engaged in the manufacturing and selling of office furniture products. The segments of the group are the Office furniture segment, the Buildout management service segment and the Data centre segment. It generates the majority of its revenue from the Office furniture segment. The group carries out its business operations principally in the PRC.

Executives

Ma Gary Ming Fai	2201 Interest of corporation controlled by you
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Sardjono Grace Wahyuni	2201 Interest of corporation controlled by you
Fang Yan Zau Alexander	2201 Interest of corporation controlled by you
Rock Link Limited	2101 Beneficial owner
Brilliant Talent Global Limited	2101 Beneficial owner
Yi Cong	2202 Interest of your spouse
Zhang Gui Hong	2201 Interest of corporation controlled by you
Even Joy Holdings Limited	2101 Beneficial owner
Hung Kwong Yee	2201 Interest of corporation controlled by you
Tsoi Tak
Lai Ningning	2101 Beneficial owner

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