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Chinese People Holdings Co (HKSE:00681) Effective Interest Rate on Debt % : 4.06% (As of Dec. 2023)


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What is Chinese People 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. Chinese People Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$5 Mil. Chinese People Holdings Co's average total debt for the quarter that ended in Dec. 2023 was HK$114 Mil. Therefore, Chinese People Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.06%.


Chinese People Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chinese People 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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Chinese People Holdings Co Effective Interest Rate on Debt % Chart

Chinese People Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 6.22 5.28 3.05 4.39

Chinese People Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 6.75 3.02 2.33 4.57 4.06

Competitive Comparison of Chinese People Holdings Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Chinese People 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.


Chinese People Holdings Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chinese People Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Chinese People Holdings Co Effective Interest Rate on Debt % Calculation

Chinese People Holdings 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  *  -4.915/( (112.583+111.201)/ 2 )
=-1  *  -4.915/111.892
=4.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.745 + 98.838
=112.583

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.869 + 93.332
=111.201

Chinese People Holdings Co'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  *  -4.61/( (116.146+111.201)/ 2 )
=-1  *  -4.61/113.6735
=4.06 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.061 + 92.085
=116.146

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.869 + 93.332
=111.201

* 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.


Chinese People Holdings Co  (HKSE:00681) Effective Interest Rate on Debt % Explanation

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


Chinese People Holdings Co Effective Interest Rate on Debt % Related Terms

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Chinese People Holdings Co (HKSE:00681) Business Description

Traded in Other Exchanges
Address
No. 2 Jingyuan North Street, No. 36 BDA International Business Park, Economic Technological Development Area, Beijing, CHN
Chinese People Holdings Co Ltd is an investment holding company. Its segments are Piped gas transmission & distribution, which is into sales of piped gas and construction of gas pipeline networks under gas connection contracts; Cylinder gas supply segment includes sales and distribution of gas using tank containers to end-user households, industrial and commercial customers; Gas distribution segment is into sales of natural gas to industrial and commercial customers; and FMCG & food ingredients supply which is into wholesales and retail of merchandise through supermarkets and convenience stores. Geographically, it derives revenue from China.
Executives
Renown City Holdings Limited 2201 Interest of corporation controlled by you
Civios Group Limited 2201 Interest of corporation controlled by you
Mo Shikang 2201 Interest of corporation controlled by you
Mo Yunbi 2201 Interest of corporation controlled by you
Lofty Key Limited 2101 Beneficial owner
Ping Da Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

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