Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Effective Interest Rate on Debt % : 3.49% (As of Dec. 2024)

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What is Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$24.7 Mil. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's average total debt for the quarter that ended in Dec. 2024 was HK$705.6 Mil. Therefore, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.49%.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Effective Interest Rate on Debt % Chart

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

4.60

4.52

3.57

2.89

4.61

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	3.07	2.72	3.91	3.49

Competitive Comparison of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Effective Interest Rate on Debt % falls into.

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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Effective Interest Rate on Debt % Calculation

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co'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 * -23.825	/	( (405.205	+	629.355)	/ 2 )
=	-1 * -23.825	/	517.28
=	4.61 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.506	+	321.699
=	405.205

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	243.032	+	386.323
=	629.355

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co'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 * -24.65	/	( (781.823	+	629.355)	/ 2 )
=	-1 * -24.65	/	705.589
=	3.49 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.549	+	560.274
=	781.823

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	243.032	+	386.323
=	629.355

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.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Effective Interest Rate on Debt % Explanation

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

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Effective Interest Rate on Debt % Related Terms

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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Ltd (HKSE:09663) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 501-2, Block No. 37, Hangzhou Bay New Economic Park, Port District, Zhejiang Province, Jiaxing City, CHN

Website

https://www.sinosynergypower.com

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Ltd is a technology-based hydrogen fuel cell company in the PRC focusing on research, development, production, and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems. Its products include flexible graphite bipolar plates, hydrogen fuel cell stacks, and hydrogen fuel cell systems.

Executives

Jia Xing Wan Bei Ke Chuang Fa Zhan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Rong Ding Ze Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Qing Dao Cheng Tou Qing Dong Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Mei Jin Neng Yuan Ji Tuan You Xian Gong Si	2101 Beneficial owner
Jia Xing Bin Hai Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhe Jiang Qing Neng Chan Ye Fa Zhan You Xian Gong Si	2101 Beneficial owner
Shan Xi Mei Jin Neng Yuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Qing Dao Cheng Tou Xin Neng Yuan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Dao Cheng Shi Jian She Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Yun Fu Shi Yun Sheng Tou Zi Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Dong Hong Yun Qing Neng Yuan Ke Ji You Xian Gong Si	2101 Beneficial owner
Guang Dong Fo Shan Yun Fu Chan Ye Zhuan Yi Gong Ye Yuan Tou Zi Kai Fa You Xian Gong Si	2101 Beneficial owner
Fo Shan Hua Hui Ke Ji Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Chen Xiaomin	2201 Interest of corporation controlled by you
Sung Billy	2101 Beneficial owner

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