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Shanghai Chuangli Group Co (SHSE:603012) Effective Interest Rate on Debt % : 2.76% (As of Mar. 2025)


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What is Shanghai Chuangli 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. Shanghai Chuangli Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥26 Mil. Shanghai Chuangli Group Co's average total debt for the quarter that ended in Mar. 2025 was ¥955 Mil. Therefore, Shanghai Chuangli Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.76%.


Shanghai Chuangli Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai Chuangli 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.

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Shanghai Chuangli Group Co Effective Interest Rate on Debt % Chart

Shanghai Chuangli 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 Premium Member Only Premium Member Only 5.14 5.19 5.48 4.55 4.14

Shanghai Chuangli 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 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 4.09 4.56 3.77 2.75 2.76

Competitive Comparison of Shanghai Chuangli Group Co's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Shanghai Chuangli 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.


Shanghai Chuangli Group Co's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Shanghai Chuangli Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Shanghai Chuangli Group Co Effective Interest Rate on Debt % Calculation

Shanghai Chuangli 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  *  -31.127/( (543.882+959.697)/ 2 )
=-1  *  -31.127/751.7895
=4.14 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.67 + 474.212
=543.882

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=173.24 + 786.457
=959.697

Shanghai Chuangli 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  *  -26.38/( (959.697+950.881)/ 2 )
=-1  *  -26.38/955.289
=2.76 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=173.24 + 786.457
=959.697

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=158.859 + 792.022
=950.881

* 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.


Shanghai Chuangli Group Co  (SHSE:603012) Effective Interest Rate on Debt % Explanation

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


Shanghai Chuangli Group Co Effective Interest Rate on Debt % Related Terms

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Shanghai Chuangli Group Co Business Description

Traded in Other Exchanges
N/A
Address
Qifu Road, Qingpu Industrial Park, No. 1568, Shanghai, CHN, 201706
Shanghai Chuangli Group Co Ltd is a coal mining equipment supplier mainly engaged in comprehensive mining machinery and equipment in the coal mine. Its main business is the design, research and development, manufacturing, sales and technology of coal comprehensive mining machinery equipment, coal mine automation control system and mining electrical equipment. Its products are coal comprehensive mining machinery and equipment, including series drum type coal mining machine, series cantilever roadheader, and related spare parts.
Executives
Ju Ming Li senior management
Li Ying Hao Director
Chang Yu Lin senior management
Geng Wei Dong Director
Guan Ya Ping Director
Rui Guo Hong senior management
Li Shu Lin Supervisors
Xing Dong Hui senior management
Shi Hua Hui Director
Wang Zhang Fu senior management
Lin Xiu Min senior management

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