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China Reform Culture Holdings Co (SHSE:600636) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is China Reform Culture Holdings 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. China Reform Culture Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ¥0.0 Mil. China Reform Culture Holdings Co's average total debt for the quarter that ended in Sep. 2023 was ¥12.9 Mil. Therefore, China Reform Culture Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


China Reform Culture Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for China Reform Culture Holdings 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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China Reform Culture Holdings Co Effective Interest Rate on Debt % Chart

China Reform Culture Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 - 13.52 4.55 6.98

China Reform Culture Holdings Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.81 10.44 4.69 4.40 -

Competitive Comparison of China Reform Culture Holdings Co's Effective Interest Rate on Debt %

For the Chemicals subindustry, China Reform Culture Holdings 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.


China Reform Culture Holdings Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Reform Culture Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Reform Culture Holdings Co's Effective Interest Rate on Debt % falls into.



China Reform Culture Holdings Co Effective Interest Rate on Debt % Calculation

China Reform Culture Holdings Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.561/( (5.725+10.34)/ 2 )
=-1  *  -0.561/8.0325
=6.98 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.919 + 2.806
=5.725

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.009 + 4.331
=10.34

China Reform Culture Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (13.676+12.103)/ 2 )
=-1  *  0/12.8895
=0.00 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.937 + 7.739
=13.676

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.313 + 7.79
=12.103

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


China Reform Culture Holdings Co  (SHSE:600636) Effective Interest Rate on Debt % Explanation

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


China Reform Culture Holdings Co Effective Interest Rate on Debt % Related Terms

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China Reform Culture Holdings Co (SHSE:600636) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Chegongzhuang Street, Building 23, Xinhua 1949 Cultural and Creative Park, Xicheng District, Shanghai, CHN, 100044
China Reform Culture Holdings Co Ltd is engaged in cultural education business as well as the research, development, manufacture, and marketing of fluoropolymers, fluorocarbons refrigerant and fluorine fine chemicals. The company's primary products consist of fluorine polymers, chlorofluorocarbon (CFC) products and CFC substitutes, such as polyvinylidene fluoride (PVDF) functional resins, specialty fluorine rubbers, environment-friendly fluorine rubber products and polytetrafluoroethylene (PTFE) resins, among others.

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