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Shanghai Dazhong Public Utilities Group Co (HKSE:01635) Effective Interest Rate on Debt % : 3.18% (As of Sep. 2024)


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What is Shanghai Dazhong Public Utilities Group 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. Shanghai Dazhong Public Utilities Group Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was HK$285 Mil. Shanghai Dazhong Public Utilities Group Co's average total debt for the quarter that ended in Sep. 2024 was HK$8,940 Mil. Therefore, Shanghai Dazhong Public Utilities Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.18%.

Shanghai Dazhong Public Utilities Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai Dazhong Public Utilities Group 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.

* Premium members only.

Shanghai Dazhong Public Utilities Group Co Effective Interest Rate on Debt % Chart

Shanghai Dazhong Public Utilities Group Co 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 4.67 4.80 4.38 3.52 3.39

Shanghai Dazhong Public Utilities Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.35 2.98 3.30 3.03 3.18

Competitive Comparison of Shanghai Dazhong Public Utilities Group Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Shanghai Dazhong Public Utilities Group 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.

Shanghai Dazhong Public Utilities Group Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shanghai Dazhong Public Utilities Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shanghai Dazhong Public Utilities Group Co's Effective Interest Rate on Debt % falls into.


Shanghai Dazhong Public Utilities Group Co Effective Interest Rate on Debt % Calculation

Shanghai Dazhong Public Utilities Group 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  *  -322.325/( (10054.439+8959.442)/ 2 )
=-1  *  -322.325/9506.9405
=3.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3160.561 + 6893.878
=10054.439

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3125.775 + 5833.667
=8959.442

Shanghai Dazhong Public Utilities Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -284.604/( (8933.243+8947.731)/ 2 )
=-1  *  -284.604/8940.487
=3.18 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3591.324 + 5341.919
=8933.243

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2867.351 + 6080.38
=8947.731

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

Shanghai Dazhong Public Utilities Group Co  (HKSE:01635) Effective Interest Rate on Debt % Explanation

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

Shanghai Dazhong Public Utilities Group Co Effective Interest Rate on Debt % Related Terms

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Shanghai Dazhong Public Utilities Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shanghai Dazhong Public Utilities Group Co Ltd (HKSE:01635) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SHSE:603393 SZSE:301286 SHSE:600917 SHSE:603053 SHSE:600903 SHSE:605368 SZSE:002911 SZSE:300332 SHSE:600681 SZSE:002700 XMAD:NTGY ATO NI MIL:SRG BOM:532155 HKSE:00003 TSE:9531 TSE:9532 HKSE:01193 BOM:542066
Traded in Other Exchanges
6WL:Germany 600635:China
Address
1515 Zhongshan West Road, 8th Floor, Dazhong Building, Shanghai, CHN, 200235
Website
https://www.dzug.cn
Shanghai Dazhong Public Utilities Group Co Ltd is engaged in the gas sector. The company has six reportable segments: Piped gas supply, Wastewater treatment, Public infrastructure projects, Investments, Transportation services, and Financial Services. It generates a vast majority of revenues from the piped gas supply segment. Geographically, it derives all of its revenue from China.
Executives
New China Asset Management (hong Kong) Limited 2102 Investment manager
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd. 2101 Beneficial owner
Shang Hai Da Zhong Qi Ye Guan Li You Xian Gong Si 2101 Beneficial owner
Shang Hai Da Zhong Qi Ye Guan Li You Xian Gong Si Zhi Gong Chi Gu Hui 2201 Interest of corporation controlled by you

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