Kinco Automation (Shanghai) Co (SHSE:688160) Effective Interest Rate on Debt % : 1.35% (As of Mar. 2025)

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What is Kinco Automation (Shanghai) 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. Kinco Automation (Shanghai) Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥0.9 Mil. Kinco Automation (Shanghai) Co's average total debt for the quarter that ended in Mar. 2025 was ¥67.8 Mil. Therefore, Kinco Automation (Shanghai) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.35%.

Kinco Automation (Shanghai) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kinco Automation (Shanghai) 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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Kinco Automation (Shanghai) Co Effective Interest Rate on Debt % Chart

Kinco Automation (Shanghai) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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0.69

5.01

2.59

2.88

2.14

Kinco Automation (Shanghai) 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															1.84	3.40	3.09	1.02	1.35

Competitive Comparison of Kinco Automation (Shanghai) Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Kinco Automation (Shanghai) 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.

Kinco Automation (Shanghai) Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kinco Automation (Shanghai) Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Kinco Automation (Shanghai) Co Effective Interest Rate on Debt % Calculation

Kinco Automation (Shanghai) 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 * -1.825	/	( (69.346	+	101.185)	/ 2 )
=	-1 * -1.825	/	85.2655
=	2.14 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.012	+	49.334
=	69.346

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.837	+	89.348
=	101.185

Kinco Automation (Shanghai) 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 * -0.912	/	( (101.185	+	34.377)	/ 2 )
=	-1 * -0.912	/	67.781
=	1.35 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.837	+	89.348
=	101.185

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.69	+	24.687
=	34.377

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.

Kinco Automation (Shanghai) Co (SHSE:688160) Effective Interest Rate on Debt % Explanation

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

Kinco Automation (Shanghai) Co Effective Interest Rate on Debt % Related Terms

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Kinco Automation (Shanghai) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kinco Automation (Shanghai) Co Ltd (SHSE:688160) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Shenjiang Road No.5709, Qiuyue Road No.26, Building No.3, Shanghai Pilot Free Trade Zone, Shanghai, CHN, 201210

Website

https://www.kinco.cn

Kinco Automation (Shanghai) Co Ltd is a supplier of Manufacturing Smart Solutions in China. It focuses on the development, production and selling of automation standard products and intelligent hardware products. The company's automation standard products including Human Machine Interface (HMI), Servo System, Stepper System, Programmable Logic Controller (PLC) and Variable Frequency Drive (VFD), among others.

Executives

Chi Jia Wu

Director

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