Tanwan (HKSE:09890) Interest Coverage: 0 (At Loss) (As of Dec. 2025)

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HKSE:09890 Tanwan Inc HKSE:09890
35 GF Score
Price HK$10.10
! 6 Warning Signs
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What is Tanwan Interest Coverage?

Tanwan HKSE:09890 +2.33% 35 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates HKSE:09890 with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 307 Interactive Media companies, Tanwan ranks better than 55.7% 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. Tanwan's Operating Income for the six months ended in Dec. 2025 was HK$-24 Mil. Tanwan's Interest Expense for the six months ended in Dec. 2025 was HK$5 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tanwan Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

HKSE:09890' s Interest Coverage Range Over the Past 10 Years
Min: 19.65   Med: 28.3   Max: 82.83
Current: 67.28


HKSE:09890's Interest Coverage is ranked better than
55.7% of 307 companies
in the Interactive Media industry
Industry Median: 42.86 vs HKSE:09890: 67.28

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


Tanwan  (HKSE:09890) 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 .


Tanwan Interest Coverage Related Terms


Tanwan Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tanwan'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.

Tanwan Interest Coverage Chart

Tanwan Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 82.83 28.30 19.65 24.00 66.49

Tanwan Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 33.53 0.00

HKSE:09890 vs NTES, EA, TTWO: Interest Coverage Comparison

For the Electronic Gaming & Multimedia subindustry, Tanwan'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.


Tanwan Interest Coverage vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tanwan's Interest Coverage distribution charts can be found below:

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


HKSE:09890
35GF Score
Tanwan Inc HKSE:09890
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanwan 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.

Tanwan'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, Tanwan's Interest Expense was HK$-4 Mil. Its Operating Income was HK$261 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$58 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*261.298/-3.93
=66.49

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

Here, for the six months ended in Dec. 2025, Tanwan's Interest Expense was HK$5 Mil. Its Operating Income was HK$-24 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$58 Mil.

* 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?
Tanwan (HKSE:09890) 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 Tanwan and its competitors. Over the past decade, Tanwan's Interest Coverage has ranged from 19.65 to 82.83. According to the industry distribution chart, Tanwan ranks #136 out of 307 companies in the Interactive Media industry, placing it in the top 44.3%.
Is Tanwan's Interest Coverage too high?
Tanwan's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 19.65 to a high of 82.83. Based on the distribution chart, Tanwan ranks #136 out of 307 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Tanwan has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Tanwan's Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Tanwan ranks #136 out of 307 companies for Interest Coverage. This puts Tanwan in the upper half of its industry. The industry median Interest Coverage is 42.86. Historically, Tanwan's own Interest Coverage has ranged from 19.65 to 82.83 over the past decade. 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 an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 42.86, based on 307 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 Tanwan and its competitors. For the Interactive Media industry, the median Interest Coverage is 42.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanwan'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 Tanwan stock overvalued right now?
Tanwan (HKSE:09890) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Tanwan's overall GF Score™ is 35/100 with 6 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 Tanwan (HKSE:09890), 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.

Tanwan Business Description

Address 656 Huangpu Avenue, Floors 41, 62 to 66, Canton Financial Center, Tianhe District, Guangdong Province, Guangzhou, CHN
Tanwan Inc Formerly ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of game products. Its geographic markets are Mainland China, Hong Kong, and Others. It generates revenue from marketing and operating online games and consumer product business, including sales of private-label and local-flavor rice noodle products and other fast consumer foods under the brand Zha Zha Hui.
35GF Score

Get the complete analysis for HKSE:09890

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

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