Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Interest Coverage: 0 (At Loss) (As of Dec. 2025)

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.

HKSE:08286 Shanxi Changcheng Microlight Equipment Co Ltd HKSE:08286
40 GF Score
Price HK$0.11
GF Value HK$0.12
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shanxi Changcheng Microlight Equipment Co Interest Coverage?

Shanxi Changcheng Microlight Equipment Co HKSE:08286 40 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates HKSE:08286 with a GF Score™ of 40/100 and a GF Value™ of HK$0.12 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,678 Hardware companies, Shanxi Changcheng Microlight Equipment Co ranks worse than 59594.7% 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. Shanxi Changcheng Microlight Equipment Co's Operating Income for the six months ended in Dec. 2025 was HK$-10.05 Mil. Shanxi Changcheng Microlight Equipment Co's Interest Expense for the six months ended in Dec. 2025 was HK$-11.23 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shanxi Changcheng Microlight Equipment Co's Interest Coverage or its related term are showing as below:


HKSE:08286's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.645
* Ranked among companies with meaningful Interest Coverage only.

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


Shanxi Changcheng Microlight Equipment Co  (HKSE:08286) 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 .


Shanxi Changcheng Microlight Equipment Co Interest Coverage Related Terms


Shanxi Changcheng Microlight Equipment Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shanxi Changcheng Microlight Equipment 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.

Shanxi Changcheng Microlight Equipment Co Interest Coverage Chart

Shanxi Changcheng Microlight Equipment 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 0.00 0.00 0.00 0.00 0.00

Shanxi Changcheng Microlight Equipment Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

HKSE:08286 vs CSCO, CIEN, MSI: Interest Coverage Comparison

For the Communication Equipment subindustry, Shanxi Changcheng Microlight Equipment 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.


Shanxi Changcheng Microlight Equipment Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Shanxi Changcheng Microlight Equipment Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanxi Changcheng Microlight Equipment Co's Interest Coverage falls into.


HKSE:08286
40GF Score
Shanxi Changcheng Microlight Equipment Co Ltd HKSE:08286
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanxi Changcheng Microlight Equipment 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.

Shanxi Changcheng Microlight Equipment 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, Shanxi Changcheng Microlight Equipment Co's Interest Expense was HK$-12.38 Mil. Its Operating Income was HK$-14.79 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Shanxi Changcheng Microlight Equipment Co did not have earnings to cover the interest expense.

Shanxi Changcheng Microlight Equipment Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Shanxi Changcheng Microlight Equipment Co's Interest Expense was HK$-11.23 Mil. Its Operating Income was HK$-10.05 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Shanxi Changcheng Microlight Equipment Co did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Shanxi Changcheng Microlight Equipment Co (HKSE:08286) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanxi Changcheng Microlight Equipment Co and its competitors. According to the industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #999999 out of 1678 companies in the Hardware industry.
Is Shanxi Changcheng Microlight Equipment Co's Interest Coverage too high?
Shanxi Changcheng Microlight Equipment Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #999999 out of 1678 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shanxi Changcheng Microlight Equipment Co has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Changcheng Microlight Equipment Co's Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #999999 out of 1678 companies for Interest Coverage. This places Shanxi Changcheng Microlight Equipment Co in the lower half of its industry. The industry median Interest Coverage is 13.65. 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 13.65, based on 1,678 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. 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 Shanxi Changcheng Microlight Equipment Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Changcheng Microlight Equipment Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Changcheng Microlight Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co (HKSE:08286) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.11 — trading 10% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Shanxi Changcheng Microlight Equipment Co's overall GF Score™ is 40/100 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286), the current Interest Coverage is 0 (At Loss) 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co stock appears to be undervalued. The current stock price of HK$0.11 is trading 10% below its estimated GF Value™ of HK$0.12. GuruFocus considers Shanxi Changcheng Microlight Equipment Co to be Modestly Undervalued.

Key valuation signals for HKSE:08286:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: HK$0.12 vs. price of HK$0.11 (10% below fair value)
  • GF Score™: 40/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Changcheng Microlight Equipment Co Business Description

Address No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN
Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates. The company geographically operates in PRC, Russia, Europe and Hong Kong, out of which PRC derives maximum revenue.
40GF Score

Get the complete analysis for HKSE:08286

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

HK$0.11
Price
HK$0.12
GF Value