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Shennan Circuits Co (SZSE:002916) Effective Interest Rate on Debt % : 2.22% (As of Mar. 2024)


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What is Shennan Circuits 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. Shennan Circuits Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥72 Mil. Shennan Circuits Co's average total debt for the quarter that ended in Mar. 2024 was ¥3,237 Mil. Therefore, Shennan Circuits Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.22%.


Shennan Circuits Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shennan Circuits 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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Shennan Circuits Co Effective Interest Rate on Debt % Chart

Shennan Circuits Co 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 3.24 4.73 4.38 3.68 2.25

Shennan Circuits 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 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 2.80 2.55 2.13 2.46 2.22

Competitive Comparison of Shennan Circuits Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Shennan Circuits 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.


Shennan Circuits Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shennan Circuits Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shennan Circuits Co's Effective Interest Rate on Debt % falls into.



Shennan Circuits Co Effective Interest Rate on Debt % Calculation

Shennan Circuits 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  *  -65.945/( (2677.475+3183.63)/ 2 )
=-1  *  -65.945/2930.5525
=2.25 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1200.293 + 1477.182
=2677.475

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2426.219 + 757.411
=3183.63

Shennan Circuits 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  *  -71.82/( (3183.63+3289.973)/ 2 )
=-1  *  -71.82/3236.8015
=2.22 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2426.219 + 757.411
=3183.63

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2519.475 + 770.498
=3289.973

* 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.


Shennan Circuits Co  (SZSE:002916) Effective Interest Rate on Debt % Explanation

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


Shennan Circuits Co Effective Interest Rate on Debt % Related Terms

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Shennan Circuits Co (SZSE:002916) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 99, Qiao Cheng EAST Road, Nanshan District, Shenzhen, CHN
Shennan Circuits Co Ltd is a China-based printed circuit board and the packaging substrate manufacturer. The company operates in five business divisions including design services, printed circuit board, printed circuit board assembly, the package substrate, and laminated busbar. It provides products and services for the communication equipment manufacturers, aeronautics, and astronautics electronic manufacturers.
Executives
Wang Cheng Yong Executives
Zhang Li Jun Directors, executives
Yang Zhi Cheng Director
Zhang Li Hua Executives
Gong Jian Executives
Zhou Jin Qun Directors, executives
Xie Yan Hong Supervisors

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