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Fujian Raynen Technology Co (SHSE:603933) Effective Interest Rate on Debt % : 2.68% (As of Mar. 2025)


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What is Fujian Raynen Technology 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. Fujian Raynen Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥15 Mil. Fujian Raynen Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥552 Mil. Therefore, Fujian Raynen Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.68%.


Fujian Raynen Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Fujian Raynen Technology 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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Fujian Raynen Technology Co Effective Interest Rate on Debt % Chart

Fujian Raynen Technology 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 3.38 2.47 3.20 3.15 2.45

Fujian Raynen Technology 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 2.55 2.63 2.47 2.72 2.68

Competitive Comparison of Fujian Raynen Technology Co's Effective Interest Rate on Debt %

For the Computer Hardware subindustry, Fujian Raynen Technology 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.


Fujian Raynen Technology Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujian Raynen Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fujian Raynen Technology Co's Effective Interest Rate on Debt % falls into.


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Fujian Raynen Technology Co Effective Interest Rate on Debt % Calculation

Fujian Raynen Technology 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  *  -13.125/( (525.644+547.336)/ 2 )
=-1  *  -13.125/536.49
=2.45 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=93.673 + 431.971
=525.644

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61.521 + 485.815
=547.336

Fujian Raynen Technology 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  *  -14.776/( (547.336+556.948)/ 2 )
=-1  *  -14.776/552.142
=2.68 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61.521 + 485.815
=547.336

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.261 + 530.687
=556.948

* 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.


Fujian Raynen Technology Co  (SHSE:603933) Effective Interest Rate on Debt % Explanation

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


Fujian Raynen Technology Co Effective Interest Rate on Debt % Related Terms

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Fujian Raynen Technology Co Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, Building A, No. 26, Section C, Software Park, No. 89, Software Avenue, Tongpan Road, Gulou District, Fujian Province, Fuzhou, CHN, 350003
Fujian Raynen Technology Co Ltd specializes in R&D, production and sales of needle spinning electronic control, textile servo drives and intelligent lighting power supply. Its subsidiaries include application software development in the knitting industry, distribution of IC products, distribution of industrial electrical automation products and system integration.
Executives
Wang Kai Wei Director
Zhao Jian Min Directors, senior managers
Zhang Xiang Yu senior management
Lan Li Chun Directors, senior managers
Zhang Guo Li senior management

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