Haier Smart Home Co (SHSE:600690) Effective Interest Rate on Debt % : 6.23% (As of Mar. 2025)

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What is Haier Smart Home 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. Haier Smart Home Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥2,894 Mil. Haier Smart Home Co's average total debt for the quarter that ended in Mar. 2025 was ¥46,453 Mil. Therefore, Haier Smart Home Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 6.23%.

Haier Smart Home Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Haier Smart Home 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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Haier Smart Home Co Effective Interest Rate on Debt % Chart

Haier Smart Home Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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3.59

2.30

3.36

6.11

6.72

Haier Smart Home Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.62	6.82	6.49	8.68	6.23

Competitive Comparison of Haier Smart Home Co's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.

Haier Smart Home Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Effective Interest Rate on Debt % falls into.

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Haier Smart Home Co Effective Interest Rate on Debt % Calculation

Haier Smart Home 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 * -2726.956	/	( (36736.727	+	44459.155)	/ 2 )
=	-1 * -2726.956	/	40597.941
=	6.72 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21795.068	+	14941.659
=	36736.727

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14145.97	+	30313.185
=	44459.155

Haier Smart Home Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -2893.856	/	( (44459.155	+	48447.369)	/ 2 )
=	-1 * -2893.856	/	46453.262
=	6.23 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14145.97	+	30313.185
=	44459.155

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15978.658	+	32468.711
=	48447.369

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 four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Haier Smart Home Co (SHSE:600690) Effective Interest Rate on Debt % Explanation

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

Haier Smart Home Co Effective Interest Rate on Debt % Related Terms

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Haier Smart Home Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (SHSE:600690) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

HSHCY:USA HRSHF:USA QIHCF:USA 06690:Hong Kong 690E:Germany 690D:Germany 690D:Germany 690D:Germany 690D:Austria

Address

Haier Industrial Park, Shandong Province, Laoshan District, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2024, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.

Executives

Li Hua Gang	Directors, senior managers
Shao Xin Zhi	Director
Song Yu Jun	senior management
Yu Miao	Supervisors
Liu Xiao Mei	senior management
Li Yang	senior management
Liu Da Lin	Supervisors
Zhao Yan Feng	senior management
Huang Xiao Wu	senior management
Guan Jiang Yong	senior management
Jie Ju Zhi	senior management
Wu Yong	senior management
Li Pan	senior management
Gong Wei	Directors, senior managers
Ma Ying Jie	Supervisors

Haier Smart Home Co Headlines

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