Heatking Induction Technology (Shiyan) Co (BJSE:920870) Interest Coverage: 717.00 (As of Jun. 2026) — 30% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920870 Heatking Induction Technology (Shiyan) Co Ltd BJSE:920870
70 GF Score
Price ¥12.18
GF Value ¥15.02
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Heatking Induction Technology (Shiyan) Co Interest Coverage?

Heatking Induction Technology (Shiyan) Co BJSE:920870 70 Interest Coverage is 717.00 as of Jun. 2026, which is 30% above its 10-year median of 552.26. GuruFocus rates BJSE:920870 with a GF Score™ of 70/100 and a GF Value™ of ¥15.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,309 Industrial Products companies, Heatking Induction Technology (Shiyan) Co ranks better than 93.94% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Heatking Induction Technology (Shiyan) Co's Operating Income for the three months ended in Jun. 2026 was ¥5.0 Mil. Heatking Induction Technology (Shiyan) Co's Interest Expense for the three months ended in Jun. 2026 was ¥-0.0 Mil. Heatking Induction Technology (Shiyan) Co's interest coverage for the quarter that ended in Jun. 2026 was 717.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Heatking Induction Technology (Shiyan) Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Heatking Induction Technology (Shiyan) Co's Interest Coverage or its related term are showing as below:

BJSE:920870' s Interest Coverage Range Over the Past 10 Years
Min: 69.96   Med: 552.26   Max: 4083.53
Current: 748.59


BJSE:920870's Interest Coverage is ranked better than
93.94% of 2309 companies
in the Industrial Products industry
Industry Median: 14.65 vs BJSE:920870: 748.59

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Heatking Induction Technology (Shiyan) Co  (BJSE:920870) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Heatking Induction Technology (Shiyan) Co Interest Coverage Related Terms


Heatking Induction Technology (Shiyan) Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Heatking Induction Technology (Shiyan) Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Heatking Induction Technology (Shiyan) Co Interest Coverage Chart

Heatking Induction Technology (Shiyan) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 393.06 4,083.53 1,226.76 554.25 550.26

Heatking Induction Technology (Shiyan) Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 146.00 0.00 2,247.00 965.60 717.00

BJSE:920870 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Heatking Induction Technology (Shiyan) Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Heatking Induction Technology (Shiyan) Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heatking Induction Technology (Shiyan) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Heatking Induction Technology (Shiyan) Co's Interest Coverage falls into.


BJSE:920870
70GF Score
Heatking Induction Technology (Shiyan) Co Ltd BJSE:920870
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heatking Induction Technology (Shiyan) Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Heatking Induction Technology (Shiyan) Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Heatking Induction Technology (Shiyan) Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥10.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*10.455/-0.019
=550.26

Heatking Induction Technology (Shiyan) Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Heatking Induction Technology (Shiyan) Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥5.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1.5 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*5.019/-0.007
=717.00

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 717.00 mean?
Heatking Induction Technology (Shiyan) Co (BJSE:920870) has a Interest Coverage of 717.00 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Heatking Induction Technology (Shiyan) Co and its competitors. This is 30% above median its historical median of 552.26. Over the past decade, Heatking Induction Technology (Shiyan) Co's Interest Coverage has ranged from 69.96 to 4,083.53. According to the industry distribution chart, Heatking Induction Technology (Shiyan) Co ranks #140 out of 2309 companies in the Industrial Products industry, placing it in the top 6.1%.
Is Heatking Induction Technology (Shiyan) Co's Interest Coverage too high?
Heatking Induction Technology (Shiyan) Co's current Interest Coverage of 717.00 is 30% above median its 10-year median of 552.26. Over the past 10 years, this metric has ranged from a low of 69.96 to a high of 4,083.53. The Industrial Products industry median Interest Coverage is 14.65. Heatking Induction Technology (Shiyan) Co's value of 717.00 is 4794.2% above this industry median. Based on the distribution chart, Heatking Induction Technology (Shiyan) Co ranks #140 out of 2309 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Heatking Induction Technology (Shiyan) Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heatking Induction Technology (Shiyan) Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Heatking Induction Technology (Shiyan) Co ranks #140 out of 2309 companies for Interest Coverage. This places Heatking Induction Technology (Shiyan) Co in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.65. Heatking Induction Technology (Shiyan) Co's value of 717.00 is 4794.2% above this benchmark. Historically, Heatking Induction Technology (Shiyan) Co's own Interest Coverage has ranged from 69.96 to 4,083.53 over the past decade. While the company's 10-year median is 552.26 vs. the industry median of 14.65, Heatking Induction Technology (Shiyan) Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.65, based on 2,309 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heatking Induction Technology (Shiyan) Co's current Interest Coverage of 717.00 is 4794.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Heatking Induction Technology (Shiyan) Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heatking Induction Technology (Shiyan) Co's current Interest Coverage is 717.00, which is 30% above median its own 10-year median of 552.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heatking Induction Technology (Shiyan) Co stock overvalued right now?
Based on GuruFocus' analysis, Heatking Induction Technology (Shiyan) Co (BJSE:920870) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.02, compared to a current price of ¥12.18 — trading 18.9% below its estimated fair value. The current Interest Coverage is 717.00, which is 30% above median its 10-year median of 552.26 and 4794.2% above the Industrial Products industry median of 14.65. Heatking Induction Technology (Shiyan) Co's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Heatking Induction Technology (Shiyan) Co (BJSE:920870), the current Interest Coverage is 717.00 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.

Is Heatking Induction Technology (Shiyan) Co (BJSE:920870) Overvalued in 2026?

Based on GuruFocus' analysis, Heatking Induction Technology (Shiyan) Co stock appears to be undervalued. The current stock price of ¥12.18 is trading 18.9% below its estimated GF Value™ of ¥15.02. GuruFocus considers Heatking Induction Technology (Shiyan) Co to be Modestly Undervalued.

Key valuation signals for BJSE:920870:

  • Interest Coverage: 717.00 (30% above median its 10-year median of 552.26)
  • GF Value™: ¥15.02 vs. price of ¥12.18 (18.9% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 4794.2% above the Industrial Products median (#140 of 2309)

No single metric tells the full story. See the BJSE:920870 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heatking Induction Technology (Shiyan) Co Business Description

Address No. 6, Pulin 1st Road, Pulin Industrial Park, Hubei Province, Shiyan City, CHN, 442000
Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.
70GF Score

Get the complete analysis for BJSE:920870

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.18
Price
¥15.02
GF Value