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Changyuan Technology Group (SHSE:600525) Effective Interest Rate on Debt % : 7.30% (As of Mar. 2024)


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What is Changyuan Technology 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. Changyuan Technology Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥254 Mil. Changyuan Technology Group's average total debt for the quarter that ended in Mar. 2024 was ¥3,482 Mil. Therefore, Changyuan Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.30%.


Changyuan Technology Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Changyuan Technology 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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Changyuan Technology Group Effective Interest Rate on Debt % Chart

Changyuan Technology Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 6.12 6.44 6.09 6.38

Changyuan Technology Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.27 6.48 6.34 5.54 7.30

Competitive Comparison of Changyuan Technology Group's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Changyuan Technology 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.


Changyuan Technology Group's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Changyuan Technology Group Effective Interest Rate on Debt % Calculation

Changyuan Technology 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  *  -202.585/( (3168.39+3178.285)/ 2 )
=-1  *  -202.585/3173.3375
=6.38 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=131.165 + 3037.225
=3168.39

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=637.771 + 2540.514
=3178.285

Changyuan Technology Group'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  *  -254.088/( (3178.285+3785.586)/ 2 )
=-1  *  -254.088/3481.9355
=7.30 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=637.771 + 2540.514
=3178.285

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=329.527 + 3456.059
=3785.586

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Changyuan Technology Group  (SHSE:600525) Effective Interest Rate on Debt % Explanation

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


Changyuan Technology Group Effective Interest Rate on Debt % Related Terms

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Changyuan Technology Group (SHSE:600525) Business Description

Traded in Other Exchanges
N/A
Address
Keyuan Middle Road, Changyuan New Materials Port, Building F, 5th Floor, Nanshan District and High-tech Zone, Guangdong Province, Shenzhen, Guangdong, CHN, 518057
Changyuan Group Ltd specializes in the research, development, and manufacturing of intelligent digitalization of industrial and power systems. The company has two product series namely, test systems and automation equipment, providing comprehensive solutions for the electronics, automotive, medical, new energy, clothing, lighting and other industries. The product portfolio includes power grid protection and automation, smart primary equipment, composite insulator, chip packaging equipment solutions, clothing intelligent equipment, and other products.
Executives
Wu Qi Quan Director
Mao Ming Chun Director
Wang Wei senior management
Xu Cheng Bin Directors, senior managers
Gu Ning senior management
Xu Xiao Wen Director
Lu Er Bing Director
Ni Zhao Hua Director
Huang Yong Wei senior management
Xu Lan Hang senior management
Chen Hong Director
Zhu Qing Hong Supervisors
Liu Dong senior management
Yang Jian Song senior management
Jin Zhi Yong Director

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