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Shenzhen Jasic Technology Co (SZSE:300193) Effective Interest Rate on Debt % : 2.07% (As of Mar. 2025)


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What is Shenzhen Jasic 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. Shenzhen Jasic Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥3 Mil. Shenzhen Jasic Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥141 Mil. Therefore, Shenzhen Jasic Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.07%.


Shenzhen Jasic Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Jasic 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.

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Shenzhen Jasic Technology Co Effective Interest Rate on Debt % Chart

Shenzhen Jasic 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 1.54 3.57 2.76 2.62 2.45

Shenzhen Jasic 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 2.55 2.44 2.52 2.15 2.07

Competitive Comparison of Shenzhen Jasic Technology Co's Effective Interest Rate on Debt %

For the Tools & Accessories subindustry, Shenzhen Jasic 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.


Shenzhen Jasic Technology Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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


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Shenzhen Jasic Technology Co Effective Interest Rate on Debt % Calculation

Shenzhen Jasic 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  *  -2.484/( (83.67+119.22)/ 2 )
=-1  *  -2.484/101.445
=2.45 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.462 + 82.208
=83.67

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.726 + 117.494
=119.22

Shenzhen Jasic 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  *  -2.932/( (119.22+163.652)/ 2 )
=-1  *  -2.932/141.436
=2.07 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.726 + 117.494
=119.22

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.287 + 162.365
=163.652

* 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.


Shenzhen Jasic Technology Co  (SZSE:300193) Effective Interest Rate on Debt % Explanation

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


Shenzhen Jasic Technology Co Effective Interest Rate on Debt % Related Terms

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Shenzhen Jasic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
4F, C2 Building, Hengfeng Industrial Park, Zhoushi Road Hezhou, Shenzhen, Guangdong, CHN
Shenzhen Jasic Technology Co Ltd is a manufacturer of inverter welding machines in China. It offers a range of products that include manual arc welding (MMA), argon-arc welding (TIG), argon-arc welding with pulse mode (TIG P), Argon-arc welding with direct and alternating current (TIG AC / DC), semi-automatic welding (MIG / MAG), Air-plasma cutting (CUT), and Automatic submerged arc welding (SAW).
Executives
Li Hong Po Director
Pan Lei Directors, executives
Zhang Zhi Ying Supervisors
Luo Wei Hong Directors, executives
Xia Ru Yi Directors, executives
Luo Huai Hua Supervisors
Li Rui Directors, executives
Ma Dan Hua Securities Affairs Representative
Wang Ying Directors, executives
Xu Ai Ping Director
Directors, executives
Chen Chun Lin Supervisors

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