Yincheng Life Service Co (HKSE:01922) Effective Interest Rate on Debt % : 3.21% (As of Dec. 2023)

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What is Yincheng Life Service 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. Yincheng Life Service Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$4 Mil. Yincheng Life Service Co's average total debt for the quarter that ended in Dec. 2023 was HK$138 Mil. Therefore, Yincheng Life Service Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.21%.

Yincheng Life Service Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Yincheng Life Service 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.

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Yincheng Life Service Co Effective Interest Rate on Debt % Chart

Yincheng Life Service Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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11.61

5.80

4.00

3.80

4.35

Yincheng Life Service Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								5.20	4.06	3.95	5.50	3.21

Competitive Comparison of Yincheng Life Service Co's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Yincheng Life Service 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.

Yincheng Life Service Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yincheng Life Service Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yincheng Life Service Co's Effective Interest Rate on Debt % falls into.

Yincheng Life Service Co Effective Interest Rate on Debt % Calculation

Yincheng Life Service 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 * -6.226	/	( (151.153	+	135.217)	/ 2 )
=	-1 * -6.226	/	143.185
=	4.35 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.272	+	133.881
=	151.153

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	45.126	+	90.091
=	135.217

Yincheng Life Service 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 * -4.426	/	( (140.771	+	135.217)	/ 2 )
=	-1 * -4.426	/	137.994
=	3.21 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41.015	+	99.756
=	140.771

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	45.126	+	90.091
=	135.217

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.

Yincheng Life Service Co (HKSE:01922) Effective Interest Rate on Debt % Explanation

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

Yincheng Life Service Co Effective Interest Rate on Debt % Related Terms

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Yincheng Life Service Co (HKSE:01922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yincheng Life Service Co Ltd (HKSE:01922) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN

Website

http://www.yinchenglife.hk

Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.

Executives

First Beijing Investment Limited	2102 Investment manager
Silver Huang Holding Limited	2101 Beneficial owner
Huang Qingping	2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited	2101 Beneficial owner
Zhang Jianbin	2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Silver Zhu Holding Limited	2101 Beneficial owner
Zhu Linnan	2201 Interest of corporation controlled by you

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