Xingfa Aluminium Holdings (HKSE:00098) Effective Interest Rate on Debt % : 3.16% (As of Jun. 2024)

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What is Xingfa Aluminium Holdings 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. Xingfa Aluminium Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$111 Mil. Xingfa Aluminium Holdings's average total debt for the quarter that ended in Jun. 2024 was HK$3,509 Mil. Therefore, Xingfa Aluminium Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 3.16%.

Xingfa Aluminium Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Xingfa Aluminium Holdings'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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Xingfa Aluminium Holdings Effective Interest Rate on Debt % Chart

Xingfa Aluminium Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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8.40

7.30

7.06

6.26

4.83

Xingfa Aluminium Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.78	5.38	4.02	4.10	3.16

Competitive Comparison of Xingfa Aluminium Holdings's Effective Interest Rate on Debt %

For the Aluminum subindustry, Xingfa Aluminium Holdings'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.

Xingfa Aluminium Holdings's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xingfa Aluminium Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Xingfa Aluminium Holdings's Effective Interest Rate on Debt % falls into.

Xingfa Aluminium Holdings Effective Interest Rate on Debt % Calculation

Xingfa Aluminium Holdings'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 * -151.003	/	( (2799.667	+	3449.283)	/ 2 )
=	-1 * -151.003	/	3124.475
=	4.83 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2182.259	+	617.408
=	2799.667

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2900.088	+	549.195
=	3449.283

Xingfa Aluminium Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -110.834	/	( (3449.283	+	3568.771)	/ 2 )
=	-1 * -110.834	/	3509.027
=	3.16 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2900.088	+	549.195
=	3449.283

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2670.788	+	897.983
=	3568.771

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Xingfa Aluminium Holdings (HKSE:00098) Effective Interest Rate on Debt % Explanation

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

Xingfa Aluminium Holdings Effective Interest Rate on Debt % Related Terms

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Xingfa Aluminium Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xingfa Aluminium Holdings Ltd (HKSE:00098) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Number 5, Zone D, Central Science and Technology Industrial Park, Sanshui District, Guangdong Province, Foshan City, CHN, 528137

Website

https://www.xingfa.com

Xingfa Aluminium Holdings Ltd is engaged in the manufacturing and sale of aluminum profiles which are used in construction and industrial materials. Its segments are Industrial aluminum profiles which manufacture and sell plain aluminum profiles, mainly for industrial usage. The construction aluminum profiles segment derives the majority of revenue from manufacturing and selling aluminum profiles with surface finishing, including anodic oxidation aluminum profiles, electrophoresis coating aluminum profiles, and powder coating aluminum profiles. All other segments include the revenue generated from processing service contracts related to aluminum products, the sale of office premises and residential properties, and the sale of aluminum panels, aluminum alloy, molds, and spare parts.

Executives

Guangxin (hong Kong) Investment Limited	2101 Beneficial owner
Guang Dong Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Guang Dong Sheng Guang Xin Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Law Yung Koon	2101 Beneficial owner
Lam Yuk Ying	2101 Beneficial owner
Guangxin Aluminium (hk) Limited	2101 Beneficial owner
Glorious Joy Limited	2201 Interest of corporation controlled by you
Liao Yuqing	2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd.	2301 Trustee
Li Shun You Xian Gong Si	2101 Beneficial owner
New Fortune Star Limited	2201 Interest of corporation controlled by you
Xi Xi Development Limited	2201 Interest of corporation controlled by you
China Lesso Group Holdings Limited	2201 Interest of corporation controlled by you
Lesso Group Holdings Limited	2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited	2201 Interest of corporation controlled by you

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