Shenwan Hongyuan Group Co (SZSE:000166) Effective Interest Rate on Debt % : 5.74% (As of Mar. 2024)

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What is Shenwan Hongyuan Group 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. Shenwan Hongyuan Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥9,757 Mil. Shenwan Hongyuan Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥170,055 Mil. Therefore, Shenwan Hongyuan Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.74%.

Shenwan Hongyuan Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenwan Hongyuan Group 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.

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Shenwan Hongyuan Group Co Effective Interest Rate on Debt % Chart

Shenwan Hongyuan Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.72

5.52

5.16

5.56

Shenwan Hongyuan Group 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															5.56	5.62	5.41	6.00	5.74

Competitive Comparison of Shenwan Hongyuan Group Co's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Shenwan Hongyuan Group 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.

Shenwan Hongyuan Group Co's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shenwan Hongyuan Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shenwan Hongyuan Group Co's Effective Interest Rate on Debt % falls into.

Shenwan Hongyuan Group Co Effective Interest Rate on Debt % Calculation

Shenwan Hongyuan Group 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 * -9695.409	/	( (179224.373	+	169576.824)	/ 2 )
=	-1 * -9695.409	/	174400.5985
=	5.56 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	179224.373	+	0
=	179224.373

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	169576.824	+	0
=	169576.824

Shenwan Hongyuan Group 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 * -9757.416	/	( (169576.824	+	170533.975)	/ 2 )
=	-1 * -9757.416	/	170055.3995
=	5.74 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	169576.824	+	0
=	169576.824

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	170533.975	+	0
=	170533.975

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.

Shenwan Hongyuan Group Co (SZSE:000166) Effective Interest Rate on Debt % Explanation

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

Shenwan Hongyuan Group Co Effective Interest Rate on Debt % Related Terms

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Shenwan Hongyuan Group Co (SZSE:000166) Business Description

Industry

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06806:Hong Kong

Address

No. 19, Taipingqiao Street, No. 358, South Beijing Road, 20th Floor, Dacheng International Building, Urumqi High-tech Zone, Xinjiang, Xicheng District, Beijing, CHN, 100033

Website

http://www.swhygh.com

Shenwan Hongyuan Group Co Ltd is an investment holding and securities firm. Its business includes banking, insurance, trust, and leasing while consolidating and expanding the advantages of the original securities business and building on the capital market as support. The company's business mainly focuses on four segments, including enterprise finance, personal finance, institutional services and trading, as well as investment management. Majority of the revenue for the firm gets derived from Institutional services and trading segment.

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