Jinmao Property Services Co (HKSE:00816) Effective Interest Rate on Debt % : 4.01% (As of Dec. 2023)

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What is Jinmao Property Services 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. Jinmao Property Services Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$5 Mil. Jinmao Property Services Co's average total debt for the quarter that ended in Dec. 2023 was HK$130 Mil. Therefore, Jinmao Property Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.01%.

Jinmao Property Services Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Jinmao Property Services 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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Jinmao Property Services Co Effective Interest Rate on Debt % Chart

Jinmao Property Services Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.42

5.72

6.14

2.29

3.78

Jinmao Property Services Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				11.63	3.24	2.99	4.16	4.01

Competitive Comparison of Jinmao Property Services Co's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Jinmao Property Services 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.

Jinmao Property Services Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinmao Property Services Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Jinmao Property Services Co Effective Interest Rate on Debt % Calculation

Jinmao Property Services 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 * -4.922	/	( (112.273	+	148.365)	/ 2 )
=	-1 * -4.922	/	130.319
=	3.78 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.781	+	17.492
=	112.273

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	123.946	+	24.419
=	148.365

Jinmao Property Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -5.2	/	( (111.181	+	148.365)	/ 2 )
=	-1 * -5.2	/	129.773
=	4.01 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	89.779	+	21.402
=	111.181

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	123.946	+	24.419
=	148.365

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Jinmao Property Services Co (HKSE:00816) Effective Interest Rate on Debt % Explanation

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

Jinmao Property Services Co Effective Interest Rate on Debt % Related Terms

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Jinmao Property Services Co (HKSE:00816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jinmao Property Services Co Ltd (HKSE:00816) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TZ0:Germany

Address

Unit 2, Xitieying Middle Avenue, 6th Floor, YouAn International Tower, Fengtai, Beijing, CHN

Website

https://www.jinmaowy.com

Jinmao Property Services Co Ltd is a fast-growing high-end property management company in China, and a city operation service provider, managing a diversified property portfolio covering both residential properties and non-residential services.

Executives

Sinochem Corporation	2201 Interest of corporation controlled by you
Sinochem Group Co., Ltd	2201 Interest of corporation controlled by you
Sinochem Holdings Corporation Ltd.	2201 Interest of corporation controlled by you
Sinochem Hong Kong (group) Company Limited	2501 Other
China Jinmao Holdings Group Limited	2101 Beneficial owner

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