Shang Gong Group Co (SHSE:600843) Effective Interest Rate on Debt % : 4.02% (As of Mar. 2025)

View and export this data going back to 1994. Start your Free Trial

What is Shang Gong Group 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. Shang Gong Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥71 Mil. Shang Gong Group Co's average total debt for the quarter that ended in Mar. 2025 was ¥1,758 Mil. Therefore, Shang Gong Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.02%.

Shang Gong Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shang Gong Group 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.

* Premium members only.

Shang Gong Group Co Effective Interest Rate on Debt % Chart

Shang Gong Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.57

3.87

3.86

4.02

4.20

Shang Gong Group 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															3.94	4.72	3.60	3.18	4.02

Competitive Comparison of Shang Gong Group Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Shang Gong Group 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.

Shang Gong Group Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shang Gong Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shang Gong Group Co's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Shang Gong Group Co Effective Interest Rate on Debt % Calculation

Shang Gong Group 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 * -62.215	/	( (1281.612	+	1679.826)	/ 2 )
=	-1 * -62.215	/	1480.719
=	4.20 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	371.533	+	910.079
=	1281.612

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	528.872	+	1150.954
=	1679.826

Shang Gong Group 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 * -70.744	/	( (1679.826	+	1836.85)	/ 2 )
=	-1 * -70.744	/	1758.338
=	4.02 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	528.872	+	1150.954
=	1679.826

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	591.006	+	1245.844
=	1836.85

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.

Shang Gong Group Co (SHSE:600843) Effective Interest Rate on Debt % Explanation

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

Shang Gong Group Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Shang Gong Group Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shang Gong Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shang Gong Group Co Ltd (SHSE:600843) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

900924:China

Address

No. 1500 Century Avenue, Room A-D, 12th Floor, Orient Mansion, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200122

Website

https://www.sgsbgroup.com

Shang Gong Group Co Ltd is engaged in research & development, production, sale, and maintenance of sewing machines and spare parts in China. It is also engaged in the production of auto parts, office equipment, and related trading businesses. The company provides high-end sewing products for automakers like Mercedes-Benz, BMW, Audi, and General Motors; in aerospace and new material fields also have large customers including Boeing, Airbus, and COMAC. It owns manufacturing enterprises in China, Germany, the Czech Republic, and Romania, and its sales network has spread across the world. Its household sewing machine brands - Butterfly, Flyman, and Bee are widely known in China and sold to overseas markets.

Executives

Xia Guo Qiang	senior management
Fang Hai Xiang	senior management
Zhang Min	Directors, senior managers
Chen Guo Ling	Supervisors
Zheng Ying	senior management

Shang Gong Group Co Headlines

No Headlines