Lingyi Itech (Guangdong) Co (HKSE:01688) Interest Coverage: 8.68 (As of Mar. 2026) — Near Median

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HKSE:01688 Lingyi Itech (Guangdong) Co Ltd HKSE:01688
68 GF Score
Price HK$6.17
GF Value HK$5.34
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Lingyi Itech (Guangdong) Co Interest Coverage?

Lingyi Itech (Guangdong) Co HKSE:01688 -1.04% 68 Interest Coverage is 8.68 as of Mar. 2026, which is 7% below its 10-year median of 9.37. GuruFocus rates HKSE:01688 with a GF Score™ of 68/100 and a GF Value™ of HK$5.34 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,672 Hardware companies, Lingyi Itech (Guangdong) Co ranks worse than 60.71% 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. Lingyi Itech (Guangdong) Co's Operating Income for the three months ended in Mar. 2026 was HK$952 Mil. Lingyi Itech (Guangdong) Co's Interest Expense for the three months ended in Mar. 2026 was HK$-110 Mil. Lingyi Itech (Guangdong) Co's interest coverage for the quarter that ended in Mar. 2026 was 8.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lingyi Itech (Guangdong) Co's Interest Coverage or its related term are showing as below:

HKSE:01688' s Interest Coverage Range Over the Past 10 Years
Min: 3.93   Med: 9.37   Max: 13.1
Current: 9.07


HKSE:01688's Interest Coverage is ranked worse than
60.71% of 1672 companies
in the Hardware industry
Industry Median: 14.735 vs HKSE:01688: 9.07

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


Lingyi Itech (Guangdong) Co  (HKSE:01688) 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 .


Lingyi Itech (Guangdong) Co Interest Coverage Related Terms


Lingyi Itech (Guangdong) Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co Interest Coverage Chart

Lingyi Itech (Guangdong) 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 7.42 9.06 9.56 10.65 9.17

Lingyi Itech (Guangdong) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.06 7.88 15.35 5.25 8.68

HKSE:01688 vs APH, GLW, TEL: Interest Coverage Comparison

For the Electronic Components subindustry, Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lingyi Itech (Guangdong) Co's Interest Coverage falls into.


HKSE:01688
68GF Score
Lingyi Itech (Guangdong) Co Ltd HKSE:01688
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) 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, Lingyi Itech (Guangdong) Co's Interest Expense was HK$-420 Mil. Its Operating Income was HK$3,851 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$5,984 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3851.324/-420.087
=9.17

Lingyi Itech (Guangdong) Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Lingyi Itech (Guangdong) Co's Interest Expense was HK$-110 Mil. Its Operating Income was HK$952 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$6,827 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*952.499/-109.794
=8.68

* 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 8.68 mean?
Lingyi Itech (Guangdong) Co (HKSE:01688) has a Interest Coverage of 8.68 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lingyi Itech (Guangdong) Co and its competitors. This is near median its historical median of 9.37. Over the past decade, Lingyi Itech (Guangdong) Co's Interest Coverage has ranged from 3.93 to 13.10. According to the industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1015 out of 1672 companies in the Hardware industry, placing it in the top 60.7%.
Is Lingyi Itech (Guangdong) Co's Interest Coverage too high?
Lingyi Itech (Guangdong) Co's current Interest Coverage of 8.68 is near median its 10-year median of 9.37. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 13.10. The Hardware industry median Interest Coverage is 14.74. Lingyi Itech (Guangdong) Co's value of 8.68 is 41.1% below this industry median. Based on the distribution chart, Lingyi Itech (Guangdong) Co ranks #1015 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, Lingyi Itech (Guangdong) Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingyi Itech (Guangdong) Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1015 out of 1672 companies for Interest Coverage. This places Lingyi Itech (Guangdong) Co in the lower half of its industry. The industry median Interest Coverage is 14.74. Lingyi Itech (Guangdong) Co's value of 8.68 is 41.1% below this benchmark. Historically, Lingyi Itech (Guangdong) Co's own Interest Coverage has ranged from 3.93 to 13.10 over the past decade. While the company's 10-year median is 9.37 vs. the industry median of 14.74, Lingyi Itech (Guangdong) Co has consistently been below 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 a Hardware company?
The median Interest Coverage among Hardware companies is 14.74, based on 1,672 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. Lingyi Itech (Guangdong) Co's current Interest Coverage of 8.68 is 41.1% below 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 Lingyi Itech (Guangdong) Co and its competitors. For the Hardware industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyi Itech (Guangdong) Co's current Interest Coverage is 8.68, which is near median its own 10-year median of 9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyi Itech (Guangdong) Co stock overvalued right now?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co (HKSE:01688) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$5.34, compared to a current price of HK$6.17 — trading 15.5% above its estimated fair value. The current Interest Coverage is 8.68, which is near median its 10-year median of 9.37 and 41.1% below the Hardware industry median of 14.74. Lingyi Itech (Guangdong) Co's overall GF Score™ is 68/100 with 3 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 Lingyi Itech (Guangdong) Co (HKSE:01688), the current Interest Coverage is 8.68 as of Mar. 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 Lingyi Itech (Guangdong) Co (HKSE:01688) Overvalued in 2026?

Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co stock appears to be overvalued. The current stock price of HK$6.17 is trading 15.5% above its estimated GF Value™ of HK$5.34. GuruFocus considers Lingyi Itech (Guangdong) Co to be Modestly Overvalued.

Key valuation signals for HKSE:01688:

  • Interest Coverage: 8.68 (near median its 10-year median of 9.37)
  • GF Value™: HK$5.34 vs. price of HK$6.17 (15.5% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 41.1% below the Hardware median (#1015 of 1672)

No single metric tells the full story. See the HKSE:01688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lingyi Itech (Guangdong) Co Business Description

Other Exchanges 002600:China
Address No. 8, Longwan Road, Pengjiang District, Guangdong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products.
68GF Score

Get the complete analysis for HKSE:01688

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

HK$6.17
Price
HK$5.34
GF Value