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China Longyuan Power Group (HKSE:00916) Effective Interest Rate on Debt % : 3.05% (As of Dec. 2024)


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What is China Longyuan Power Group 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 Longyuan Power Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$4,295 Mil. China Longyuan Power Group's average total debt for the quarter that ended in Dec. 2024 was HK$140,813 Mil. Therefore, China Longyuan Power Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.05%.


China Longyuan Power Group Effective Interest Rate on Debt % Historical Data

The historical data trend for China Longyuan Power Group'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 Longyuan Power Group Effective Interest Rate on Debt % Chart

China Longyuan Power Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.96 3.50 3.28 2.97 2.69

China Longyuan Power Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.71 2.81 2.69 2.78 3.05

Competitive Comparison of China Longyuan Power Group's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, China Longyuan Power Group'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 Longyuan Power Group's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


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China Longyuan Power Group Effective Interest Rate on Debt % Calculation

China Longyuan Power Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -3727.574/( (132935.143+143698.834)/ 2 )
=-1  *  -3727.574/138316.9885
=2.69 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=85223.51 + 47711.633
=132935.143

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=103842.085 + 39856.749
=143698.834

China Longyuan Power Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -4295.316/( (137927.074+143698.834)/ 2 )
=-1  *  -4295.316/140812.954
=3.05 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92346.904 + 45580.17
=137927.074

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=103842.085 + 39856.749
=143698.834

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


China Longyuan Power Group  (HKSE:00916) Effective Interest Rate on Debt % Explanation

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


China Longyuan Power Group Effective Interest Rate on Debt % Related Terms

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China Longyuan Power Group Business Description

Address
6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 30.4 gigawatts as of end-2024. It has wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns other renewable assets such as solar, geothermal, and tidal energy. The consolidated installed capacity mix is about 73.9% wind, 26.0% solar, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Rui Zhong Ren Shou Bao Xian You Xian Ze Ren Gong Si 2101 Beneficial owner
Gic Private Limited 2102 Investment manager
Wellington Management Group Llp 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Lazard Asset Management Llc 2102 Investment manager

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