GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hangzhou Shunwang Technology Co Ltd (SZSE:300113) » Definitions » Effective Interest Rate on Debt %

Hangzhou Shunwang Technology Co (SZSE:300113) Effective Interest Rate on Debt % : 4.13% (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Hangzhou Shunwang 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. Hangzhou Shunwang Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥4 Mil. Hangzhou Shunwang Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥88 Mil. Therefore, Hangzhou Shunwang Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.13%.


Hangzhou Shunwang Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hangzhou Shunwang 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.

* Premium members only.

Hangzhou Shunwang Technology Co Effective Interest Rate on Debt % Chart

Hangzhou Shunwang 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 13.18 3.90 4.18 5.39 6.74

Hangzhou Shunwang 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 6.60 4.14 4.17 4.54 4.13

Competitive Comparison of Hangzhou Shunwang Technology Co's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, Hangzhou Shunwang 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.


Hangzhou Shunwang Technology Co's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hangzhou Shunwang Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


;
;

Hangzhou Shunwang Technology Co Effective Interest Rate on Debt % Calculation

Hangzhou Shunwang 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  *  -3.79/( (23.029+89.439)/ 2 )
=-1  *  -3.79/56.234
=6.74 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.245 + 5.784
=23.029

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.555 + 12.884
=89.439

Hangzhou Shunwang 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  *  -3.632/( (89.439+86.4)/ 2 )
=-1  *  -3.632/87.9195
=4.13 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.555 + 12.884
=89.439

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=73.31 + 13.09
=86.4

* 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.


Hangzhou Shunwang Technology Co  (SZSE:300113) Effective Interest Rate on Debt % Explanation

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


Hangzhou Shunwang Technology Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Hangzhou Shunwang Technology Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Shunwang Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Wenyi West Road, Building 3, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Shunwang Technology Co Ltd develops and sells Internet entertainment networking platforms. It focuses mainly on internet cafe technology development. It offers IcafeMavin, a software platform for Internet café management; system virtual disk, an operating system solution for diskless Internet cafes; and Game virtual disk, a game virtual service software for Internet cafes, as well as other Internet café integration solutions.
Executives
Li De Hong Directors, executives
Wu Jian Hua Executives
Hua Yong Director
Chen Jian Xiang Supervisors
Zhang Li Executives
Fang Jin Executives
Cai Ying Securities Affairs Representative
Cheng Chen Director
Xu Dong Executives
Yu Qun E Independent director
Shou Jian Ming Director
Cao Yi Executives
Wu Xiao Wei Executives
Wang Hao Executives

Hangzhou Shunwang Technology Co Headlines

No Headlines