Wing Lee Development Construction Holdings (HKSE:09639) Interest Coverage: 0.93 (As of Mar. 2026) — 97% Below Median

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HKSE:09639 Wing Lee Development Construction Holdings Ltd HKSE:09639
19 GF Score
Price HK$0.95
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What is Wing Lee Development Construction Holdings Interest Coverage?

Wing Lee Development Construction Holdings HKSE:09639 19 Interest Coverage is 0.93 as of Mar. 2026, which is 97% below its 10-year median of 30.34. GuruFocus rates HKSE:09639 with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 1,369 Construction companies, Wing Lee Development Construction Holdings ranks worse than 56.32% 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. Wing Lee Development Construction Holdings's Operating Income for the six months ended in Mar. 2026 was HK$2.3 Mil. Wing Lee Development Construction Holdings's Interest Expense for the six months ended in Mar. 2026 was HK$-2.5 Mil. Wing Lee Development Construction Holdings's interest coverage for the quarter that ended in Mar. 2026 was 0.93. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Wing Lee Development Construction Holdings's Interest Coverage or its related term are showing as below:

HKSE:09639' s Interest Coverage Range Over the Past 10 Years
Min: 6.23   Med: 30.34   Max: 55.93
Current: 6.23


HKSE:09639's Interest Coverage is ranked worse than
56.32% of 1369 companies
in the Construction industry
Industry Median: 8.08 vs HKSE:09639: 6.23

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


Wing Lee Development Construction Holdings  (HKSE:09639) 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 .


Wing Lee Development Construction Holdings Interest Coverage Related Terms


Wing Lee Development Construction Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wing Lee Development Construction Holdings'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.

Wing Lee Development Construction Holdings Interest Coverage Chart

Wing Lee Development Construction Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
52.53 23.00 41.50 35.62 5.92

Wing Lee Development Construction Holdings Semi-Annual Data
Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial 48.98 39.57 27.95 12.59 0.93

HKSE:09639 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Wing Lee Development Construction Holdings'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.


Wing Lee Development Construction Holdings Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Wing Lee Development Construction Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wing Lee Development Construction Holdings's Interest Coverage falls into.


HKSE:09639
19GF Score
Wing Lee Development Construction Holdings Ltd HKSE:09639
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Wing Lee Development Construction Holdings 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.

Wing Lee Development Construction Holdings's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Wing Lee Development Construction Holdings's Interest Expense was HK$-4.5 Mil. Its Operating Income was HK$26.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$27.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*26.568/-4.485
=5.92

Wing Lee Development Construction Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Wing Lee Development Construction Holdings's Interest Expense was HK$-2.5 Mil. Its Operating Income was HK$2.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$27.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2.302/-2.486
=0.93

* 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 0.93 mean?
Wing Lee Development Construction Holdings (HKSE:09639) has a Interest Coverage of 0.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wing Lee Development Construction Holdings and its competitors. This is 97% below median its historical median of 30.34. Over the past decade, Wing Lee Development Construction Holdings' Interest Coverage has ranged from 6.23 to 55.93. According to the industry distribution chart, Wing Lee Development Construction Holdings ranks #771 out of 1369 companies in the Construction industry, placing it in the top 56.3%.
Is Wing Lee Development Construction Holdings' Interest Coverage too high?
Wing Lee Development Construction Holdings' current Interest Coverage of 0.93 is 97% below median its 10-year median of 30.34. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 55.93. The Construction industry median Interest Coverage is 8.08. Wing Lee Development Construction Holdings' value of 0.93 is 88.5% below this industry median. Based on the distribution chart, Wing Lee Development Construction Holdings ranks #771 out of 1369 companies in the Construction industry, which is below the industry midpoint. Overall, Wing Lee Development Construction Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Wing Lee Development Construction Holdings' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Wing Lee Development Construction Holdings ranks #771 out of 1369 companies for Interest Coverage. This places Wing Lee Development Construction Holdings in the lower half of its industry. The industry median Interest Coverage is 8.08. Wing Lee Development Construction Holdings' value of 0.93 is 88.5% below this benchmark. Historically, Wing Lee Development Construction Holdings' own Interest Coverage has ranged from 6.23 to 55.93 over the past decade. While the company's 10-year median is 30.34 vs. the industry median of 8.08, Wing Lee Development Construction Holdings 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 Construction company?
The median Interest Coverage among Construction companies is 8.08, based on 1,369 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. Wing Lee Development Construction Holdings's current Interest Coverage of 0.93 is 88.5% 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 Wing Lee Development Construction Holdings and its competitors. For the Construction industry, the median Interest Coverage is 8.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Lee Development Construction Holdings's current Interest Coverage is 0.93, which is 97% below median its own 10-year median of 30.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Lee Development Construction Holdings stock overvalued right now?
Wing Lee Development Construction Holdings (HKSE:09639) has a current Interest Coverage of 0.93. The current Interest Coverage is 0.93, which is 97% below median its 10-year median of 30.34 and 88.5% below the Construction industry median of 8.08. Wing Lee Development Construction Holdings' overall GF Score™ is 19/100 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 Wing Lee Development Construction Holdings (HKSE:09639), the current Interest Coverage is 0.93 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.

Wing Lee Development Construction Holdings Business Description

Address No. 3 Hoi Shing Road, Room A6, 16th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Wing Lee Development Construction Holdings Ltd is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. Its civil engineering works specialized in site formation works and road and drainage works, and its electrical cable engineering works specialized in cable trenching, laying and jointing works. For solar PV system works, the company specializes in the design, installation and maintenance works of solar PV systems. The majority of revenue is derived from civil engineering works.
19GF Score

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

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