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China Development Bank Financial Leasing Co (HKSE:01606) Effective Interest Rate on Debt % : 3.26% (As of Dec. 2024)


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What is China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$13,348 Mil. China Development Bank Financial Leasing Co's average total debt for the quarter that ended in Dec. 2024 was HK$409,837 Mil. Therefore, China Development Bank Financial Leasing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.26%.


China Development Bank Financial Leasing Co Effective Interest Rate on Debt % Historical Data

The historical data trend for China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co Effective Interest Rate on Debt % Chart

China Development Bank Financial Leasing Co 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 3.01 2.97 2.64 3.20 3.74

China Development Bank Financial Leasing Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.79 3.21 3.45 3.50 3.26

Competitive Comparison of China Development Bank Financial Leasing Co's Effective Interest Rate on Debt %

For the Rental & Leasing Services subindustry, China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Development Bank Financial Leasing Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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China Development Bank Financial Leasing Co Effective Interest Rate on Debt % Calculation

China Development Bank Financial Leasing 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  *  -13856.689/( (375021.019+366932.879)/ 2 )
=-1  *  -13856.689/370976.949
=3.74 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=118160.424 + 256860.595
=375021.019

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123689.393 + 243243.486
=366932.879

China Development Bank Financial Leasing 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  *  -13347.508/( (452740.696+366932.879)/ 2 )
=-1  *  -13347.508/409836.7875
=3.26 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150764.379 + 301976.317
=452740.696

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123689.393 + 243243.486
=366932.879

* 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 Development Bank Financial Leasing Co  (HKSE:01606) Effective Interest Rate on Debt % Explanation

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


China Development Bank Financial Leasing Co Effective Interest Rate on Debt % Related Terms

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China Development Bank Financial Leasing Co Business Description

Traded in Other Exchanges
Address
No. 2003 Fuzhong, Third Road, CDB Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518026
China Development Bank Financial Leasing Co Ltd is engaged in providing leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicles, and construction machinery. The operating business segments are aircraft leasing, regional development leasing, ship leasing, inclusive finance, and green energy and high-end equipment leasing. The activities of the company include aircraft leasing, ship leasing, regional development leasing, inclusive finance leasing, green energy and high-end equipment leasing, transfers of finance lease assets, and lease-related financial business. The company's majority revenue is from Aircraft Leasing.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Cti Capital Management Limited 2101 Beneficial owner
Cccc International Holding Limited 2101 Beneficial owner
China Communications Construction Group Limited 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui 2101 Beneficial owner
Bank Of China Limited 2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Zhang Jiang San Xia Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cssc International Holding Company Limited 2101 Beneficial owner
State-owned Assets Supervision And Administration Commission 2201 Interest of corporation controlled by you
Zhong Guo Chuan Bo Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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