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Shanghai Realway Capital Assets Management Co (HKSE:01835) Effective Interest Rate on Debt % : 19.73% (As of Dec. 2023)


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What is Shanghai Realway Capital Assets Management 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 Realway Capital Assets Management Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$2.45 Mil. Shanghai Realway Capital Assets Management Co's average total debt for the quarter that ended in Dec. 2023 was HK$12.42 Mil. Therefore, Shanghai Realway Capital Assets Management Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 19.73%.


Shanghai Realway Capital Assets Management Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai Realway Capital Assets Management 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 Realway Capital Assets Management Co Effective Interest Rate on Debt % Chart

Shanghai Realway Capital Assets Management Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 8.43 7.22 9.32 12.93 12.76

Shanghai Realway Capital Assets Management Co Semi-Annual Data
Dec15 Dec16 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 4.52 5.08 25.36 39.94 19.73

Competitive Comparison of Shanghai Realway Capital Assets Management Co's Effective Interest Rate on Debt %

For the Asset Management subindustry, Shanghai Realway Capital Assets Management 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 Realway Capital Assets Management Co's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai Realway Capital Assets Management Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shanghai Realway Capital Assets Management Co's Effective Interest Rate on Debt % falls into.



Shanghai Realway Capital Assets Management Co Effective Interest Rate on Debt % Calculation

Shanghai Realway Capital Assets Management 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  *  -1.664/( (2.822+23.264)/ 2 )
=-1  *  -1.664/13.043
=12.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.529 + 2.293
=2.822

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.586 + 18.678
=23.264

Shanghai Realway Capital Assets Management Co'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  *  -2.45/( (1.575+23.264)/ 2 )
=-1  *  -2.45/12.4195
=19.73 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.586 + 18.678
=23.264

* 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.


Shanghai Realway Capital Assets Management Co  (HKSE:01835) Effective Interest Rate on Debt % Explanation

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


Shanghai Realway Capital Assets Management Co Effective Interest Rate on Debt % Related Terms

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Shanghai Realway Capital Assets Management Co (HKSE:01835) Business Description

Traded in Other Exchanges
N/A
Address
No. 1198 Century Avenue, Unit 706-707, 7th Floor, Century Link Tower 1, Pudong New District, Shanghai, CHN, 200122
Shanghai Realway Capital Assets Management Co Ltd is an asset management company. It is a private fund manager specialising in the management of real estate and distressed asset investment funds in the PRC. The company manages two broad types of funds, namely fund(s) structured and managed for the purpose of directly investing in a specific real estate investment project and distressed asset project (Project Fund(s)); and flexible funds structured and managed, or co-managed, by the group which may invest in designated types of funds under the group's portfolio instead of making direct investment into investment projects and are permitted to invest in multiple investment projects indirectly through a number of funds at the same time (FOF(s)).
Executives
Zhu Lei 2101 Beneficial owner
Sun Jinyong 2101 Beneficial owner
Dai Yanmin 2101 Beneficial owner
Great Rainbow Investment Fund Series Spc (acting For And On Behalf Of Great Rainbow Series 1 Sp) 2101 Beneficial owner
Wu Jie
Yao Peifang
Gao Yue 2101 Beneficial owner
Yin Bo 2101 Beneficial owner
Wang Qiong 2101 Beneficial owner
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si
Wang Youlin 2101 Beneficial owner
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