Ciqtek Co (SHSE:688828) Effective Interest Rate on Debt %: 2.18% (As of Jun. 2026)

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SHSE:688828 Ciqtek Co Ltd SHSE:688828
3 GF Score
Price ¥102.50
! 3 Warning Signs
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What is Ciqtek Co Effective Interest Rate on Debt %?

Ciqtek Co SHSE:688828 -2.41% 3 Effective Interest Rate on Debt % is 2.18% as of Jun. 2026. GuruFocus rates SHSE:688828 with a GF Score™ of 3/100. The stock has 3 warning signs investors should review.

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. Ciqtek Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was ¥7.7 Mil. Ciqtek Co's average total debt for the quarter that ended in Jun. 2026 was ¥352.8 Mil. Therefore, Ciqtek Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 2.18%.


Ciqtek Co  (SHSE:688828) Effective Interest Rate on Debt % Explanation

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


Ciqtek Co Effective Interest Rate on Debt % Related Terms


Ciqtek Co Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Ciqtek 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.

Ciqtek Co Effective Interest Rate on Debt % Chart

Ciqtek Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
12.22 1.49 1.99 2.55

Ciqtek Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 2.57 2.72 0.00 2.19 2.18

SHSE:688828 vs GRMN, COHR, KEYS: Effective Interest Rate on Debt % Comparison

For the Scientific & Technical Instruments subindustry, Ciqtek 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.


Ciqtek Co Effective Interest Rate on Debt % vs Hardware Industry

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

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


SHSE:688828
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Ciqtek Co Ltd SHSE:688828
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ciqtek Co Effective Interest Rate on Debt % Calculation

Ciqtek Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -7.208/( (284.631+280.579)/ 2 )
=-1  *  -7.208/282.605
=2.55 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160.118 + 124.513
=284.631

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=151.947 + 128.632
=280.579

Ciqtek Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -7.704/( (339.548+366.026)/ 2 )
=-1  *  -7.704/352.787
=2.18 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=151.653 + 187.895
=339.548

Total Debt  (Q: Jun. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=131.07 + 234.956
=366.026

* 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 (Jun. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 2.18% mean?
Ciqtek Co (SHSE:688828) has a Effective Interest Rate on Debt % of 2.18% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Ciqtek Co and its competitors.
Is Ciqtek Co's Effective Interest Rate on Debt % too high?
Ciqtek Co's current Effective Interest Rate on Debt % is 2.18%. Overall, Ciqtek Co has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Ciqtek Co's Effective Interest Rate on Debt % compare to GRMN and COHR?
Ciqtek Co's Effective Interest Rate on Debt % of 2.18% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Hardware company?
A good Effective Interest Rate on Debt % depends on the Hardware industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Ciqtek Co and its competitors. Ciqtek Co's current Effective Interest Rate on Debt % is 2.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciqtek Co stock overvalued right now?
Ciqtek Co (SHSE:688828) has a current Effective Interest Rate on Debt % of 2.18%. The current Effective Interest Rate on Debt % is 2.18%. Ciqtek Co's overall GF Score™ is 3/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Ciqtek Co (SHSE:688828), the current Effective Interest Rate on Debt % is 2.18% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ciqtek Co Business Description

Address No. 1969, Kongquetai Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Ciqtek Co Ltd is engaged in the research, development, production and sales of high-end scientific instruments. Its main business includes Electron Microscopy (FIB/SEM, TEM), Nuclear Magnetic Resonance (NMR) Spectroscopy, Electron Paramagnetic Resonance (EPR/ESR) Spectroscopy, and BET Surface Area & Pore Analyzers. The company provides customized products and solutions across environmental science, biochemistry, semiconductor technology, and materials science.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥102.50
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