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China Tianbao Group Development Co (HKSE:01427) Effective Interest Rate on Debt % : 5.07% (As of Dec. 2024)


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What is China Tianbao Group Development 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 Tianbao Group Development Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$75 Mil. China Tianbao Group Development Co's average total debt for the quarter that ended in Dec. 2024 was HK$1,482 Mil. Therefore, China Tianbao Group Development Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.07%.


China Tianbao Group Development Co Effective Interest Rate on Debt % Historical Data

The historical data trend for China Tianbao Group Development 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 Tianbao Group Development Co Effective Interest Rate on Debt % Chart

China Tianbao Group Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.69 8.51 7.95 7.26 6.01

China Tianbao Group Development Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 8.96 5.93 8.00 6.16 5.07

Competitive Comparison of China Tianbao Group Development Co's Effective Interest Rate on Debt %

For the Real Estate - Diversified subindustry, China Tianbao Group Development 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 Tianbao Group Development Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Tianbao Group Development Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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China Tianbao Group Development Co Effective Interest Rate on Debt % Calculation

China Tianbao Group Development Co'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  *  -78.113/( (1145.021+1454.593)/ 2 )
=-1  *  -78.113/1299.807
=6.01 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=552.884 + 592.137
=1145.021

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=614.125 + 840.468
=1454.593

China Tianbao Group Development Co'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: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -75.152/( (1509.517+1454.593)/ 2 )
=-1  *  -75.152/1482.055
=5.07 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=545.987 + 963.53
=1509.517

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=614.125 + 840.468
=1454.593

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


China Tianbao Group Development Co  (HKSE:01427) Effective Interest Rate on Debt % Explanation

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


China Tianbao Group Development Co Effective Interest Rate on Debt % Related Terms

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China Tianbao Group Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Guanyun East Road, Zhuozhou County, Hebei Province, Zhuozhou, CHN
China Tianbao Group Development Co Ltd is a conglomerate integrating construction, property development, and healthcare operations based in Zhuozhou, Hebei Province, the PRC. The group's business scope covers construction, planning and design, property development, property sales, investment and operation, healthcare services, and other multi-industry sectors. It operates in three segments Construction contracting segment engages in the provision of services relating to construction as a general contractor for building construction projects, infrastructure construction projects and property investment; Property development and others; and Healthcare. Majority of the revenue is derived from Construction contracting segment.
Executives
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Zhou Chunlan 2202 Interest of your spouse
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Ai Xinting 2101 Beneficial owner

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