CaoCao (HKSE:02643) Interest Coverage: 31.48 (As of Dec. 2025) — 212% Above Median

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HKSE:02643 CaoCao Inc HKSE:02643
9 GF Score
Price HK$13.78
! 3 Warning Signs
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What is CaoCao Interest Coverage?

CaoCao HKSE:02643 +2.07% 9 Interest Coverage is 31.48 as of Dec. 2025, which is 212% above its 10-year median of 10.08. GuruFocus rates HKSE:02643 with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 1,720 Software companies, CaoCao ranks worse than 61.51% 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. CaoCao's Operating Income for the six months ended in Dec. 2025 was HK$4,561 Mil. CaoCao's Interest Expense for the six months ended in Dec. 2025 was HK$-145 Mil. CaoCao's interest coverage for the quarter that ended in Dec. 2025 was 31.48. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:02643' s Interest Coverage Range Over the Past 10 Years
Min: 7.08   Med: 10.08   Max: 13.16
Current: 13.16

HKSE:02643's Interest Coverage is ranked worse than
61.51% of 1720 companies
in the Software industry
Industry Median: 26.225 vs HKSE:02643: 13.16

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

CaoCao  (HKSE:02643) 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 .

CaoCao Interest Coverage Related Terms

CaoCao Interest Coverage Historical Data

* Premium members only.

The historical data trend for CaoCao'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.

CaoCao Interest Coverage Chart

CaoCao Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
0.00 0.00 7.08 13.07

CaoCao Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial N/A 0.00 17.48 0.00 31.48

HKSE:02643 vs QH, SHOP, UBER: Interest Coverage Comparison

For the Software - Application subindustry, CaoCao'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.

CaoCao Interest Coverage vs Software Industry

For the Software industry and Technology sector, CaoCao's Interest Coverage distribution charts can be found below:

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


HKSE:02643
9GF Score
CaoCao Inc HKSE:02643
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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CaoCao 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.

CaoCao'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, CaoCao's Interest Expense was HK$-307 Mil. Its Operating Income was HK$4,007 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,173 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4007.072/-306.582
=13.07

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

Here, for the six months ended in Dec. 2025, CaoCao's Interest Expense was HK$-145 Mil. Its Operating Income was HK$4,561 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,173 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*4560.976/-144.862
=31.48

* 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 31.48 mean?
CaoCao (HKSE:02643) has a Interest Coverage of 31.48 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CaoCao and its competitors. This is 212% above median its historical median of 10.08. Over the past decade, CaoCao's Interest Coverage has ranged from 7.08 to 13.16. According to the industry distribution chart, CaoCao ranks #1058 out of 1720 companies in the Software industry, placing it in the top 61.5%.
Is CaoCao's Interest Coverage too high?
CaoCao's current Interest Coverage of 31.48 is 212% above median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 7.08 to a high of 13.16. The Software industry median Interest Coverage is 26.23. CaoCao's value of 31.48 is 20% above this industry median. Based on the distribution chart, CaoCao ranks #1058 out of 1720 companies in the Software industry, which is below the industry midpoint. Overall, CaoCao has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CaoCao's Interest Coverage compare to QH and SHOP?
According to the Software industry distribution chart, CaoCao ranks #1058 out of 1720 companies for Interest Coverage. This places CaoCao in the lower half of its industry. The industry median Interest Coverage is 26.23. CaoCao's value of 31.48 is 20% above this benchmark. Historically, CaoCao's own Interest Coverage has ranged from 7.08 to 13.16 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 26.23, CaoCao 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 a Software company?
The median Interest Coverage among Software companies is 26.23, based on 1,720 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. CaoCao's current Interest Coverage of 31.48 is 20% 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 CaoCao and its competitors. For the Software industry, the median Interest Coverage is 26.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CaoCao's current Interest Coverage is 31.48, which is 212% above median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CaoCao stock overvalued right now?
CaoCao (HKSE:02643) has a current Interest Coverage of 31.48. The current Interest Coverage is 31.48, which is 212% above median its 10-year median of 10.08 and 20% above the Software industry median of 26.23. CaoCao's overall GF Score™ is 9/100 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 CaoCao (HKSE:02643), the current Interest Coverage is 31.48 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.

CaoCao Business Description

Address 66 Lugang Road, High-speed Railway New Town, Building 1, Xinhuihu Building, Gaotie Xincheng Xiangcheng District, Jiangsu, Suzhou, CHN
CaoCao Inc is a ride hailing platform in China. Company is engage in the mobility platforms that integrate fleet ownership, OEM capabilities and autonomous driving technologies. Also sale of vehicles to local car partners, independent fleet operators, and individual drivers. Companies revenue is generated from mobility services, particularly ride hailing.
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HK$13.78
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