GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wenye Group Holdings Ltd (HKSE:01802) » Definitions » Effective Interest Rate on Debt %

Wenye Group Holdings (HKSE:01802) Effective Interest Rate on Debt % : 20.85% (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Wenye 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. Wenye Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$29.86 Mil. Wenye Group Holdings's average total debt for the quarter that ended in Dec. 2024 was HK$143.26 Mil. Therefore, Wenye Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 20.85%.

Wenye Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Wenye 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.

* Premium members only.

Wenye Group Holdings Effective Interest Rate on Debt % Chart

Wenye Group Holdings 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 7.99 7.16 7.17 11.11 15.59

Wenye Group Holdings Semi-Annual Data
Dec16 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 7.85 7.71 14.46 10.27 20.85

Competitive Comparison of Wenye Group Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Wenye 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.

Wenye Group Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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


;
;

Wenye Group Holdings Effective Interest Rate on Debt % Calculation

Wenye Group Holdings'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  *  -22.419/( (147.457+140.09)/ 2 )
=-1  *  -22.419/143.7735
=15.59 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35.322 + 112.135
=147.457

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.632 + 120.458
=140.09

Wenye Group Holdings'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  *  -29.864/( (146.426+140.09)/ 2 )
=-1  *  -29.864/143.258
=20.85 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.574 + 121.852
=146.426

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.632 + 120.458
=140.09

* 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.

Wenye Group Holdings  (HKSE:01802) Effective Interest Rate on Debt % Explanation

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

Wenye Group Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Wenye Group Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wenye Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wenye Group Holdings Ltd (HKSE:01802) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:03822 HKSE:01500 HKSE:00784 HKSE:01591 HKSE:01722 HKSE:01633 HKSE:01718 HKSE:08411 HKSE:02113 HKSE:03728 XPAR:DG NSE:LT PWR XAMS:FER SHSE:601668 TSX:WSP EME XKRX:028260 FIX SHSE:601390
Traded in Other Exchanges
N/A
Address
No. 3083, Baoan South Road, Guiyuan Street, 4th Floor, Caiwuwei Development Building, Luohu District, Shenzhen, CHN
Website
http://www.szwyzs.com.cn
Wenye Group Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of interior and exterior building decoration and design services in the People's Republic of China. It mainly provides the construction and design services of indoor and outdoor building decoration for office buildings, public facilities, high-end start hotels, traffic hubs, commercial properties, residential properties, and curtain walls.
Executives
Mak Ho Fai
Kong Guojing 2101 Beneficial owner
Hk Monkey Asset Management Limited 2101 Beneficial owner
Shenzhen Xinhengfeng Asset Management Co., Ltd. 2101 Beneficial owner
Fanshaozhou Holdings Limited 2101 Beneficial owner
Li Pak San 2201 Interest of corporation controlled by you
Ocean Coalesce Investments Limited 2101 Beneficial owner
Fan Shaozhou 2101 Beneficial owner
Fan Shaozhou 2307 Founder of a discretionary trust who can infl
Antopex Limited 2306 Nominee for another person
Cmb Wing Lung (trustee) Limited 2301 Trustee
Modest Faith Limited 2201 Interest of corporation controlled by you
Wenye Elite Holdings Limited 2101 Beneficial owner

Wenye Group Holdings Headlines

No Headlines