Man Shun Group (Holdings) (HKSE:01746) Effective Interest Rate on Debt % : 8.69% (As of Dec. 2023)

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What is Man Shun Group (Holdings) 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. Man Shun Group (Holdings)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0.1 Mil. Man Shun Group (Holdings)'s average total debt for the quarter that ended in Dec. 2023 was HK$1.2 Mil. Therefore, Man Shun Group (Holdings)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.69%.

Man Shun Group (Holdings) Effective Interest Rate on Debt % Historical Data

The historical data trend for Man Shun Group (Holdings)'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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Man Shun Group (Holdings) Effective Interest Rate on Debt % Chart

Man Shun Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.57

3.03

3.25

3.64

4.64

Man Shun Group (Holdings) Semi-Annual Data
	Dec15	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											3.54	3.23	3.45	2.89	8.69

Competitive Comparison of Man Shun Group (Holdings)'s Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Man Shun Group (Holdings)'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.

Man Shun Group (Holdings)'s Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Man Shun Group (Holdings)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Man Shun Group (Holdings)'s Effective Interest Rate on Debt % falls into.

Man Shun Group (Holdings) Effective Interest Rate on Debt % Calculation

Man Shun Group (Holdings)'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 * -0.065	/	( (1.29	+	1.513)	/ 2 )
=	-1 * -0.065	/	1.4015
=	4.64 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.241	+	1.049
=	1.29

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.484	+	1.029
=	1.513

Man Shun Group (Holdings)'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 * -0.1	/	( (0.789	+	1.513)	/ 2 )
=	-1 * -0.1	/	1.151
=	8.69 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.224	+	0.565
=	0.789

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.484	+	1.029
=	1.513

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.

Man Shun Group (Holdings) (HKSE:01746) Effective Interest Rate on Debt % Explanation

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

Man Shun Group (Holdings) Effective Interest Rate on Debt % Related Terms

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Man Shun Group (Holdings) (HKSE:01746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man Shun Group (Holdings) Ltd (HKSE:01746) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.manshungroup.com.hk

Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Executives

Prime Pinnacle Limited	2101 Beneficial owner
Chan Ho Fung	2202 Interest of your spouse
Cheng Phyllis Woon Kink	2202 Interest of your spouse
Cheung Yuen Chau	2201 Interest of corporation controlled by you
Cheung Yuen Tung	2201 Interest of corporation controlled by you

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