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China Zhonghua Geotechnical Engineering Co (SZSE:002542) Effective Interest Rate on Debt % : 4.11% (As of Mar. 2024)


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What is China Zhonghua Geotechnical Engineering 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. China Zhonghua Geotechnical Engineering Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥129 Mil. China Zhonghua Geotechnical Engineering Co's average total debt for the quarter that ended in Mar. 2024 was ¥3,151 Mil. Therefore, China Zhonghua Geotechnical Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.11%.


China Zhonghua Geotechnical Engineering Co Effective Interest Rate on Debt % Historical Data

The historical data trend for China Zhonghua Geotechnical Engineering 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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China Zhonghua Geotechnical Engineering Co Effective Interest Rate on Debt % Chart

China Zhonghua Geotechnical Engineering Co Annual Data
Trend Dec14 Dec15 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 5.55 5.05 4.99 4.97 3.63

China Zhonghua Geotechnical Engineering 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 4.84 5.11 4.62 0.82 4.11

Competitive Comparison of China Zhonghua Geotechnical Engineering Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, China Zhonghua Geotechnical Engineering 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.


China Zhonghua Geotechnical Engineering Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Zhonghua Geotechnical Engineering Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Zhonghua Geotechnical Engineering Co's Effective Interest Rate on Debt % falls into.



China Zhonghua Geotechnical Engineering Co Effective Interest Rate on Debt % Calculation

China Zhonghua Geotechnical Engineering 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  *  -108.987/( (2827.522+3178.353)/ 2 )
=-1  *  -108.987/3002.9375
=3.63 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=590.171 + 2237.351
=2827.522

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1790.727 + 1387.626
=3178.353

China Zhonghua Geotechnical Engineering 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  *  -129.376/( (3178.353+3123.322)/ 2 )
=-1  *  -129.376/3150.8375
=4.11 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1790.727 + 1387.626
=3178.353

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1809.492 + 1313.83
=3123.322

* 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.


China Zhonghua Geotechnical Engineering Co  (SZSE:002542) Effective Interest Rate on Debt % Explanation

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


China Zhonghua Geotechnical Engineering Co Effective Interest Rate on Debt % Related Terms

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China Zhonghua Geotechnical Engineering Co (SZSE:002542) Business Description

Traded in Other Exchanges
N/A
Address
Aoyu Building, 2 Jinyuan Road Daxing Industrial Development Zone, Beijing, CHN, 102600
China Zhonghua Geotechnical Engineering Co Ltd is a China-based company operates in the domestic geotechnical engineering industry. Its business operations organized into engineering services, general aviation, cultural tourism, and investment. The company's engineering business covers the construction of municipal infrastructure, airports, subways, oil and gas, petrochemicals, ports, and terminals. The general aviation business includes civil aviation airport engineering consulting, planning and design, project investment and management. The cultural tourism business includes the development and construction of projects such as the featured towns, theme parks, and general aviation towns. Its business is distributed throughout the country, and the national markets.
Executives
Liu Zhong Chi Director
Song Wei Min Director
Wu Yan Wei Director
Wang Yong Gang Supervisors
Wang Jian Director
Liang Fu Hua Director
Shui Wei Hou Executives
Xiu Wei Executives
Yang Yuan Hong Executives
Wang Xi Liang Executives
Wang Ya Ling Director
Wang Xiu Ge Executives
Chai Shi Zhong Director

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