Canggang Railway (HKSE:02169) Interest Coverage: 2.35 (As of Dec. 2025) — 48% Below Median

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HKSE:02169 Canggang Railway Ltd HKSE:02169
50 GF Score
Price HK$0.50
GF Value HK$0.94
Valuation Possible Value Trap
! 8 Warning Signs
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What is Canggang Railway Interest Coverage?

Canggang Railway HKSE:02169 +1.01% 50 Interest Coverage is 2.35 as of Dec. 2025, which is 48% below its 10-year median of 4.56. GuruFocus rates HKSE:02169 with a GF Score™ of 50/100 and a GF Value™ of HK$0.94 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 841 Transportation companies, Canggang Railway ranks worse than 72.06% 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. Canggang Railway's Operating Income for the six months ended in Dec. 2025 was HK$38.2 Mil. Canggang Railway's Interest Expense for the six months ended in Dec. 2025 was HK$-16.3 Mil. Canggang Railway's interest coverage for the quarter that ended in Dec. 2025 was 2.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Canggang Railway's Interest Coverage or its related term are showing as below:

HKSE:02169' s Interest Coverage Range Over the Past 10 Years
Min: 2.41   Med: 4.56   Max: 5.89
Current: 2.7


HKSE:02169's Interest Coverage is ranked worse than
72.06% of 841 companies
in the Transportation industry
Industry Median: 5.68 vs HKSE:02169: 2.70

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


Canggang Railway  (HKSE:02169) 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 .


Canggang Railway Interest Coverage Related Terms


Canggang Railway Interest Coverage Historical Data

* Premium members only.

The historical data trend for Canggang Railway'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.

Canggang Railway Interest Coverage Chart

Canggang Railway Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 5.26 4.01 4.36 2.41 2.70

Canggang Railway Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.87 2.50 2.30 3.07 2.35

HKSE:02169 vs UNP, CSX, NSC: Interest Coverage Comparison

For the Railroads subindustry, Canggang Railway'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.


Canggang Railway Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Canggang Railway's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Canggang Railway's Interest Coverage falls into.


HKSE:02169
50GF Score
Canggang Railway Ltd HKSE:02169
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canggang Railway 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.

Canggang Railway'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, Canggang Railway's Interest Expense was HK$-31.6 Mil. Its Operating Income was HK$85.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$348.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*85.383/-31.607
=2.70

Canggang Railway's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Canggang Railway's Interest Expense was HK$-16.3 Mil. Its Operating Income was HK$38.2 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$348.9 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*38.207/-16.252
=2.35

* 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 2.35 mean?
Canggang Railway (HKSE:02169) has a Interest Coverage of 2.35 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Canggang Railway and its competitors. This is 48% below median its historical median of 4.56. Over the past decade, Canggang Railway's Interest Coverage has ranged from 2.41 to 5.89. According to the industry distribution chart, Canggang Railway ranks #606 out of 841 companies in the Transportation industry, placing it in the top 72.1%.
Is Canggang Railway's Interest Coverage too high?
Canggang Railway's current Interest Coverage of 2.35 is 48% below median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 5.89. The Transportation industry median Interest Coverage is 5.68. Canggang Railway's value of 2.35 is 58.6% below this industry median. Based on the distribution chart, Canggang Railway ranks #606 out of 841 companies in the Transportation industry, which is below the industry midpoint. Overall, Canggang Railway has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canggang Railway's Interest Coverage compare to UNP and CSX?
According to the Transportation industry distribution chart, Canggang Railway ranks #606 out of 841 companies for Interest Coverage. This places Canggang Railway in the lower half of its industry. The industry median Interest Coverage is 5.68. Canggang Railway's value of 2.35 is 58.6% below this benchmark. Historically, Canggang Railway's own Interest Coverage has ranged from 2.41 to 5.89 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 5.68, Canggang Railway 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.68, based on 841 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. Canggang Railway's current Interest Coverage of 2.35 is 58.6% 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 Canggang Railway and its competitors. For the Transportation industry, the median Interest Coverage is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canggang Railway's current Interest Coverage is 2.35, which is 48% below median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canggang Railway stock overvalued right now?
Based on GuruFocus' analysis, Canggang Railway (HKSE:02169) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.50 — trading 46.8% below its estimated fair value. The current Interest Coverage is 2.35, which is 48% below median its 10-year median of 4.56 and 58.6% below the Transportation industry median of 5.68. Canggang Railway's overall GF Score™ is 50/100 with 8 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 Canggang Railway (HKSE:02169), the current Interest Coverage is 2.35 as of Dec. 2025. 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 Canggang Railway (HKSE:02169) Overvalued in 2026?

Based on GuruFocus' analysis, Canggang Railway stock appears to be undervalued. The current stock price of HK$0.50 is trading 46.8% below its estimated GF Value™ of HK$0.94. GuruFocus considers Canggang Railway to be Possible Value Trap.

Key valuation signals for HKSE:02169:

  • Interest Coverage: 2.35 (48% below median its 10-year median of 4.56)
  • GF Value™: HK$0.94 vs. price of HK$0.50 (46.8% below fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 58.6% below the Transportation median (#606 of 841)

No single metric tells the full story. See the HKSE:02169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canggang Railway Business Description

Address Yangzhuang Station, Yangerzhuang Town, Huanghua, Hebei Province, Cangzhou, CHN
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, which provides rail freight transportation in the PRC; and other ancillary services, which includes provides freight loading and unloading services, road freight transportation and other services in the PRC. Its services also include loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. The company earns its revenue from rail freight transportation services and ancillary services in the PRC.
50GF Score

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

HK$0.50
Price
HK$0.94
GF Value