Shanghai Haoyuan Chemexpress Co (SHSE:688131) Effective Interest Rate on Debt % : 0.71% (As of Sep. 2024)

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What is Shanghai Haoyuan Chemexpress 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 Haoyuan Chemexpress Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥9 Mil. Shanghai Haoyuan Chemexpress Co's average total debt for the quarter that ended in Sep. 2024 was ¥1,207 Mil. Therefore, Shanghai Haoyuan Chemexpress Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.71%.

Shanghai Haoyuan Chemexpress Co Effective Interest Rate on Debt % Historical Data

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

Shanghai Haoyuan Chemexpress Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.27

2.67

5.15

1.81

2.80

Shanghai Haoyuan Chemexpress Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.16	3.56	2.51	4.63	0.71

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

For the Drug Manufacturers - Specialty & Generic subindustry, Shanghai Haoyuan Chemexpress 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 Haoyuan Chemexpress Co's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shanghai Haoyuan Chemexpress Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Shanghai Haoyuan Chemexpress Co Effective Interest Rate on Debt % Calculation

Shanghai Haoyuan Chemexpress Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -23.704	/	( (645.95	+	1047.338)	/ 2 )
=	-1 * -23.704	/	846.644
=	2.80 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	365.833	+	280.117
=	645.95

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	398.095	+	649.243
=	1047.338

Shanghai Haoyuan Chemexpress Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -8.588	/	( (1119.021	+	1294.63)	/ 2 )
=	-1 * -8.588	/	1206.8255
=	0.71 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	469.373	+	649.648
=	1119.021

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	635.853	+	658.777
=	1294.63

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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Shanghai Haoyuan Chemexpress Co (SHSE:688131) Effective Interest Rate on Debt % Explanation

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

Shanghai Haoyuan Chemexpress Co Effective Interest Rate on Debt % Related Terms

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Shanghai Haoyuan Chemexpress Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shanghai Haoyuan Chemexpress Co Ltd (SHSE:688131) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 2, Lane 720, Cailun Road, Room 501, Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.chemexpress.com.cn

Shanghai Haoyuan Chemexpress Co Ltd focuses on providing small molecule and new modalities CDMO services for both pharmaceutical and biotech clients. The company's comprehensive CRO & CDMO platform is engaged in the research and development, manufacturing and supply of regulatory starting materials, novel building blocks, intermediates, reference compounds, APIs and drug products. It is a one-stop service platform to support client's projects from early drug discovery, process development to commercialization. The company is committed to delivering high-quality products and CMC services to clients across the entire life cycle of drug development.

Executives

Mei Kui

Core technical personnel

Shanghai Haoyuan Chemexpress Co Headlines

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