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Shanghai Carthane Co (SHSE:603037) Effective Interest Rate on Debt % : 2.72% (As of Mar. 2025)


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What is Shanghai Carthane 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 Carthane Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥2.5 Mil. Shanghai Carthane Co's average total debt for the quarter that ended in Mar. 2025 was ¥90.6 Mil. Therefore, Shanghai Carthane Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.72%.


Shanghai Carthane Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai Carthane 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 Carthane Co Effective Interest Rate on Debt % Chart

Shanghai Carthane 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 0.48 4.64 10.58 1.82 1.83

Shanghai Carthane 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 2.77 2.65 3.26 -2.53 2.72

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

For the Auto Parts subindustry, Shanghai Carthane 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 Carthane Co's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Carthane Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Shanghai Carthane Co Effective Interest Rate on Debt % Calculation

Shanghai Carthane 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  *  -1.328/( (59.398+85.403)/ 2 )
=-1  *  -1.328/72.4005
=1.83 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.73 + 43.668
=59.398

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.971 + 72.432
=85.403

Shanghai Carthane 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  *  -2.468/( (85.403+95.84)/ 2 )
=-1  *  -2.468/90.6215
=2.72 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.971 + 72.432
=85.403

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.851 + 82.989
=95.84

* 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 Carthane Co  (SHSE:603037) Effective Interest Rate on Debt % Explanation

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


Shanghai Carthane Co Effective Interest Rate on Debt % Related Terms

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Shanghai Carthane Co Business Description

Traded in Other Exchanges
N/A
Address
No. 813, Jianye Road, Pudong New Area, Shanghai, CHN, 201201
Shanghai Carthane Co Ltd designs, produces and sells car parts, accessories, polyurethane elastomer and other polyurethane products. It engages in the sales of suspension damping internal components, pedal assemblies and plastic core-rubber-tires. Suspension damping internal components include buffers, spring cushion s, damping support blocks, and dust covers. Pedal assemblies mainly include plastic pedal assemblies. Plastic core-rubber-tires include automobile assembly lines and polyurethane tires applied in electric fork-lift trucks.
Executives
Yang Ying Tao Director
Yang Jian Gang Director
Hou Zhen Kun senior management
Li Ji Cheng senior management
Zhang Zhong Qiu senior management
Jia Jie senior management
Li Jian Xing Supervisors
Hou Rui Hong Director
Wei Yong Ji Director
Huang Hai senior management
Zhuang Ying Wu senior management
Ning Wu senior management
Gao Li senior management
Liu Ren Shan Director

Shanghai Carthane Co Headlines

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