China Feihe (HKSE:06186) Effective Interest Rate on Debt % : 3.28% (As of Dec. 2023)

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What is China Feihe 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 Feihe's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$56 Mil. China Feihe's average total debt for the quarter that ended in Dec. 2023 was HK$1,718 Mil. Therefore, China Feihe's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.28%.

China Feihe Effective Interest Rate on Debt % Historical Data

The historical data trend for China Feihe'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 Feihe Effective Interest Rate on Debt % Chart

China Feihe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.09

1.64

2.35

2.47

3.35

China Feihe Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									2.67	2.05	3.15	3.60	3.28

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

For the Packaged Foods subindustry, China Feihe'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 Feihe's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Feihe's Effective Interest Rate on Debt % distribution charts can be found below:

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

China Feihe Effective Interest Rate on Debt % Calculation

China Feihe'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 * -58.115	/	( (1676.463	+	1789.873)	/ 2 )
=	-1 * -58.115	/	1733.168
=	3.35 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1103.166	+	573.297
=	1676.463

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1142.01	+	647.863
=	1789.873

China Feihe'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 * -56.406	/	( (1645.937	+	1789.873)	/ 2 )
=	-1 * -56.406	/	1717.905
=	3.28 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1068.909	+	577.028
=	1645.937

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1142.01	+	647.863
=	1789.873

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 Feihe (HKSE:06186) Effective Interest Rate on Debt % Explanation

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

China Feihe Effective Interest Rate on Debt % Related Terms

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China Feihe (HKSE:06186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Feihe Ltd (HKSE:06186) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

CHFLF:USA CFEIY:USA

Address

10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016

Website

https://www.feihe.com

Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

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