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Zhejiang Wansheng Co (SHSE:603010) Effective Interest Rate on Debt % : 2.82% (As of Mar. 2025)


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What is Zhejiang Wansheng 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. Zhejiang Wansheng Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥44 Mil. Zhejiang Wansheng Co's average total debt for the quarter that ended in Mar. 2025 was ¥1,573 Mil. Therefore, Zhejiang Wansheng Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.82%.


Zhejiang Wansheng Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Zhejiang Wansheng 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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Zhejiang Wansheng Co Effective Interest Rate on Debt % Chart

Zhejiang Wansheng 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 Premium Member Only Premium Member Only 4.99 4.64 3.72 3.14 2.59

Zhejiang Wansheng 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 2.25 2.38 2.66 2.82

Competitive Comparison of Zhejiang Wansheng Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Zhejiang Wansheng 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.


Zhejiang Wansheng Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Wansheng Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Zhejiang Wansheng Co's Effective Interest Rate on Debt % falls into.


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Zhejiang Wansheng Co Effective Interest Rate on Debt % Calculation

Zhejiang Wansheng 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  *  -28.742/( (820.362+1399.825)/ 2 )
=-1  *  -28.742/1110.0935
=2.59 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=728.218 + 92.144
=820.362

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=798.261 + 601.564
=1399.825

Zhejiang Wansheng 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  *  -44.428/( (1399.825+1746.69)/ 2 )
=-1  *  -44.428/1573.2575
=2.82 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=798.261 + 601.564
=1399.825

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=851.525 + 895.165
=1746.69

* 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.

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.


Zhejiang Wansheng Co  (SHSE:603010) Effective Interest Rate on Debt % Explanation

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


Zhejiang Wansheng Co Effective Interest Rate on Debt % Related Terms

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Zhejiang Wansheng Co Business Description

Traded in Other Exchanges
N/A
Address
Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
Executives
Zhou San Chang Directors, senior managers
Gao Feng senior management
Gao Xian Guo Director
Yu Qian Hu senior management
Zheng Yong Xiang senior management
Gong Wei Liang senior management
Jin Yi Ping senior management
Song Li Juan Director

Zhejiang Wansheng Co Headlines

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