Poly Property Services Co (HKSE:06049) Effective Interest Rate on Debt % : 3.91% (As of Jun. 2024)

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What is Poly Property Services 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. Poly Property Services Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$5 Mil. Poly Property Services Co's average total debt for the quarter that ended in Jun. 2024 was HK$125 Mil. Therefore, Poly Property Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 3.91%.

Poly Property Services Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Poly Property Services 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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Poly Property Services Co Effective Interest Rate on Debt % Chart

Poly Property Services Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.44

3.81

6.12

3.98

4.24

Poly Property Services Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										3.86	3.94	4.57	4.41	3.91

Competitive Comparison of Poly Property Services Co's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Poly Property Services 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.

Poly Property Services Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

* The bar in red indicates where Poly Property Services Co's Effective Interest Rate on Debt % falls into.

Poly Property Services Co Effective Interest Rate on Debt % Calculation

Poly Property Services 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 * -5.134	/	( (119.728	+	122.178)	/ 2 )
=	-1 * -5.134	/	120.953
=	4.24 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	76.965	+	42.763
=	119.728

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	75.031	+	47.147
=	122.178

Poly Property Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -4.9	/	( (122.178	+	128.296)	/ 2 )
=	-1 * -4.9	/	125.237
=	3.91 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	75.031	+	47.147
=	122.178

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	75.616	+	52.68
=	128.296

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Poly Property Services Co (HKSE:06049) Effective Interest Rate on Debt % Explanation

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

Poly Property Services Co Effective Interest Rate on Debt % Related Terms

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Poly Property Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Services Co Ltd (HKSE:06049) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN

Website

https://www.polywuye.com

Poly Property Services Co Ltd is engaged in provision of property management services, community value-added services, and value-added services to non-property owners. The Company's property management services are engaged in providing property management services to property owners, residents, and property developers, including security, cleaning, greening, gardening, and repair and maintenance. Value-added services to non-property owners engaged in the provision of services to non-property owners, including pre-delivery and other services, Community value-added services include community living services, such as purchase assistance, turnkey furnishing and move-in services, housekeeping and other bespoken services, parking lot management services, and common area value-added services.

Executives

Brown Brothers Harriman & Co.	2502 Approved lending agent
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Hsbc Global Asset Management (hong Kong) Limited	2102 Investment manager
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Citigroup Inc.	2201 Interest of corporation controlled by you
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
China International Capital Corporation (hong Kong) Limited
China International Capital Corporation Hong Kong Securities Limited
Gaoling Fund, L.p.	2101 Beneficial owner
Hillhouse Capital Advisors, Ltd.	2102 Investment manager
Jian Xin Bei Jing Tou Zi Ji Jin Guan Li You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you

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