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Shenzhen United Winners Laser Co (SHSE:688518) Effective Interest Rate on Debt % : 3.75% (As of Mar. 2024)


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What is Shenzhen United Winners Laser 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. Shenzhen United Winners Laser Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥12 Mil. Shenzhen United Winners Laser Co's average total debt for the quarter that ended in Mar. 2024 was ¥319 Mil. Therefore, Shenzhen United Winners Laser Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.75%.


Shenzhen United Winners Laser Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen United Winners Laser 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.

* Premium members only.

Shenzhen United Winners Laser Co Effective Interest Rate on Debt % Chart

Shenzhen United Winners Laser Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 3.20 3.26 2.64 2.99

Shenzhen United Winners Laser Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.99 3.27 4.29 4.30 3.75

Competitive Comparison of Shenzhen United Winners Laser Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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.


Shenzhen United Winners Laser Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shenzhen United Winners Laser Co's Effective Interest Rate on Debt % falls into.



Shenzhen United Winners Laser Co Effective Interest Rate on Debt % Calculation

Shenzhen United Winners Laser 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  *  -7.38/( (242.555+251.063)/ 2 )
=-1  *  -7.38/246.809
=2.99 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.785 + 238.77
=242.555

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.116 + 241.947
=251.063

Shenzhen United Winners Laser Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -11.96/( (251.063+386.372)/ 2 )
=-1  *  -11.96/318.7175
=3.75 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.116 + 241.947
=251.063

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.409 + 380.963
=386.372

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


Shenzhen United Winners Laser Co  (SHSE:688518) Effective Interest Rate on Debt % Explanation

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


Shenzhen United Winners Laser Co Effective Interest Rate on Debt % Related Terms

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Shenzhen United Winners Laser Co (SHSE:688518) Business Description

Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
Executives
Zhou Hang Core technical personnel
Lu Guo Jie senior management
Qin Lei senior management
Xie Qiang senior management
Li Yi senior management
Guo Zi Ran senior management
Niu Zeng Qiang Director
Han Jin Long Director
Jia Song Director

Shenzhen United Winners Laser Co (SHSE:688518) Headlines

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