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Fortune Sun (China) Holdings (HKSE:00352) Effective Interest Rate on Debt % : 1.02% (As of Dec. 2023)


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What is Fortune Sun (China) 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. Fortune Sun (China) Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0.12 Mil. Fortune Sun (China) Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$11.60 Mil. Therefore, Fortune Sun (China) Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.02%.

Fortune Sun (China) Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Fortune Sun (China) 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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Fortune Sun (China) Holdings Effective Interest Rate on Debt % Chart

Fortune Sun (China) Holdings 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 5.88 0.39 0.10 0.84 0.98

Fortune Sun (China) Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.06 0.31 1.93 0.94 1.02

Competitive Comparison of Fortune Sun (China) Holdings's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Fortune Sun (China) 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.

Fortune Sun (China) Holdings's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortune Sun (China) Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fortune Sun (China) Holdings's Effective Interest Rate on Debt % falls into.


Fortune Sun (China) Holdings Effective Interest Rate on Debt % Calculation

Fortune Sun (China) 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  *  -0.115/( (12.112+11.437)/ 2 )
=-1  *  -0.115/11.7745
=0.98 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.565 + 0.547
=12.112

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.935 + 0.502
=11.437

Fortune Sun (China) Holdings'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  *  -0.118/( (11.763+11.437)/ 2 )
=-1  *  -0.118/11.6
=1.02 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.227 + 0.536
=11.763

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.935 + 0.502
=11.437

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Fortune Sun (China) Holdings  (HKSE:00352) Effective Interest Rate on Debt % Explanation

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

Fortune Sun (China) Holdings Effective Interest Rate on Debt % Related Terms

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Fortune Sun (China) Holdings (HKSE:00352) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortune Sun (China) Holdings Ltd (HKSE:00352) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:02310 HKSE:00997 HKSE:09978 HKSE:00495 HKSE:00036 HKSE:08067 HKSE:01941 HKSE:08181 HKSE:00616 HKSE:03603 CSGP CBRE XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:QHOLDING OSTO:AKEL D HKSE:01972 MIL:INW
Traded in Other Exchanges
N/A
Address
No. 1500 Century Avenue, Unit 901, 9th Floor, Orient Building, Pudong New District, Shanghai, CHN, 200122
Website
http://www.fortune-sun.com
Fortune Sun (China) Holdings Ltd operates as an investment holding company. The firm operates a single business segment which is the provision of property consultancy and sales agency services for the primary property market in China. It specializes in diversified business models, such as real estate leasing, management, administration, sales, development, joint-building, buyout, and underwriting. Its geographical segments are China and Cambodia, of which nearly all of its revenues come from China.
Executives
Double Energy Limited 2101 Beneficial owner
Zhu Kai 2201 Interest of corporation controlled by you
Chang Hsiu Hua 2202 Interest of your spouse
Chiang Chen Feng 2201 Interest of corporation controlled by you
Active Star Investment Limited 2101 Beneficial owner
Lin Chien Ju 2101 Beneficial owner

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