Ever Sunshine Services Group (HKSE:01995) Effective Interest Rate on Debt % : 6.32% (As of Dec. 2023)

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What is Ever Sunshine Services 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. Ever Sunshine Services Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$5 Mil. Ever Sunshine Services Group's average total debt for the quarter that ended in Dec. 2023 was HK$84 Mil. Therefore, Ever Sunshine Services Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.32%.

Ever Sunshine Services Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Ever Sunshine Services 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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Ever Sunshine Services Group Effective Interest Rate on Debt % Chart

Ever Sunshine Services Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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8.70

6.09

13.88

6.36

6.98

Ever Sunshine Services Group 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											17.93	11.42	5.66	7.08	6.32

Competitive Comparison of Ever Sunshine Services Group's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Ever Sunshine Services 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.

Ever Sunshine Services Group's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ever Sunshine Services Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ever Sunshine Services Group's Effective Interest Rate on Debt % falls into.

Ever Sunshine Services Group Effective Interest Rate on Debt % Calculation

Ever Sunshine Services 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 * -6.418	/	( (114.268	+	69.726)	/ 2 )
=	-1 * -6.418	/	91.997
=	6.98 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	70.353	+	43.915
=	114.268

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.268	+	56.458
=	69.726

Ever Sunshine Services 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 * -5.312	/	( (98.314	+	69.726)	/ 2 )
=	-1 * -5.312	/	84.02
=	6.32 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	50.177	+	48.137
=	98.314

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.268	+	56.458
=	69.726

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.

Ever Sunshine Services Group (HKSE:01995) Effective Interest Rate on Debt % Explanation

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

Ever Sunshine Services Group Effective Interest Rate on Debt % Related Terms

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Ever Sunshine Services Group (HKSE:01995) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Lane 1088, Shenhong Road, 6th Floor, Building 5, Henderson CIFI Center, Minhang District, Shanghai, CHN

Website

http://www.ysservice.com.cn

CIFI Ever Sunshine Services Group Ltd is a property management service provider in China. The company's property portfolio includes residential and non-residential properties such as offices, shopping malls, schools, and government buildings. The firm operates in three business lines, namely, property management services, community value-added services, and value-added services to non-property owners. It provides its property management services in China from where it generates the maximum revenue.

Executives

Lin Feng
Lin Wei	2501 Other
Lin Zhong	2501 Other
Yu Chieh Jet	2101 Beneficial owner
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