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China Infrastructure & Logistics Group (HKSE:01719) Effective Interest Rate on Debt % : 3.80% (As of Dec. 2023)


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What is China Infrastructure & Logistics 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 Infrastructure & Logistics Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$15.4 Mil. China Infrastructure & Logistics Group's average total debt for the quarter that ended in Dec. 2023 was HK$405.0 Mil. Therefore, China Infrastructure & Logistics Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.80%.


China Infrastructure & Logistics Group Effective Interest Rate on Debt % Historical Data

The historical data trend for China Infrastructure & Logistics 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 Infrastructure & Logistics Group Effective Interest Rate on Debt % Chart

China Infrastructure & Logistics Group 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 4.69 8.11 7.25 5.03 3.88

China Infrastructure & Logistics Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 7.84 6.27 2.24 3.82 3.80

Competitive Comparison of China Infrastructure & Logistics Group's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, China Infrastructure & Logistics 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 Infrastructure & Logistics Group's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Infrastructure & Logistics Group's Effective Interest Rate on Debt % distribution charts can be found below:

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



China Infrastructure & Logistics Group Effective Interest Rate on Debt % Calculation

China Infrastructure & Logistics Group'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  *  -15.889/( (434.138+384.888)/ 2 )
=-1  *  -15.889/409.513
=3.88 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.009 + 281.129
=434.138

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=126.104 + 258.784
=384.888

China Infrastructure & Logistics Group'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  *  -15.37/( (425.107+384.888)/ 2 )
=-1  *  -15.37/404.9975
=3.80 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=154.858 + 270.249
=425.107

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=126.104 + 258.784
=384.888

* 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.


China Infrastructure & Logistics Group  (HKSE:01719) Effective Interest Rate on Debt % Explanation

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


China Infrastructure & Logistics Group Effective Interest Rate on Debt % Related Terms

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China Infrastructure & Logistics Group (HKSE:01719) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 On Hing Terrace, On Hing Building, Unit A, 7th Floor, Central, Hong Kong, HKG
China Infrastructure & Logistics Group Ltd is an investment holding company. It operates in the segments of Property business that offers port and warehouse leasing; Terminal and related business which provides terminal service, Container handling, storage, and other services, general and bulk cargoes handling service; Integrated logistics business renders agency and logistics services, including the provision of freight forwarding, customs clearance, transportation of containers and logistics management; Supply chain management and trading business offer sourcing, procurement and trading of commodities. The company generates the majority of its revenue from the Terminal service segment. It derives revenue from customers located in the PRC.
Executives
Wu Han Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Hu Bei Gang Kou Xiang Gang Guo Ji You Xian Gong Si 2101 Beneficial owner
Hu Bei Gang Kou Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hu Bei Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Zall Holdings Company Limited 2101 Beneficial owner
Yan Zhi 2201 Interest of corporation controlled by you
Wang Kaiwei 2101 Beneficial owner
Hu Bei Sheng Gang Kou Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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