Jong Shyn Shipbuilding Co (ROCO:2644) Interest Coverage: 1.85 (As of Dec. 2025) — 67% Above Median

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ROCO:2644 Jong Shyn Shipbuilding Co Ltd ROCO:2644
54 GF Score
Price NT$83.90
GF Value NT$131.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Jong Shyn Shipbuilding Co Interest Coverage?

Jong Shyn Shipbuilding Co ROCO:2644 -0.36% 54 Interest Coverage is 1.85 as of Dec. 2025, which is 67% above its 10-year median of 1.11. GuruFocus rates ROCO:2644 with a GF Score™ of 54/100 and a GF Value™ of NT$131.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 243 Aerospace & Defense companies, Jong Shyn Shipbuilding Co ranks worse than 91.36% 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. Jong Shyn Shipbuilding Co's Operating Income for the six months ended in Dec. 2025 was NT$199 Mil. Jong Shyn Shipbuilding Co's Interest Expense for the six months ended in Dec. 2025 was NT$-108 Mil. Jong Shyn Shipbuilding Co's interest coverage for the quarter that ended in Dec. 2025 was 1.85. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jong Shyn Shipbuilding Co Ltd interest coverage is 1.36, which is low.

The historical rank and industry rank for Jong Shyn Shipbuilding Co's Interest Coverage or its related term are showing as below:

ROCO:2644' s Interest Coverage Range Over the Past 10 Years
Min: 0.63   Med: 1.11   Max: 2.82
Current: 1.36


ROCO:2644's Interest Coverage is ranked worse than
91.36% of 243 companies
in the Aerospace & Defense industry
Industry Median: 8.4 vs ROCO:2644: 1.36

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


Jong Shyn Shipbuilding Co  (ROCO:2644) 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 .


Jong Shyn Shipbuilding Co Interest Coverage Related Terms


Jong Shyn Shipbuilding Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co Interest Coverage Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.63 1.11 0.97 0.82 1.36

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 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 0.94 0.88 0.76 0.71 1.85

ROCO:2644 vs SPCX, GE, RTX: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding 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.


Jong Shyn Shipbuilding Co Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's Interest Coverage falls into.


ROCO:2644
54GF Score
Jong Shyn Shipbuilding Co Ltd ROCO:2644
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding 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, Jong Shyn Shipbuilding Co's Interest Expense was NT$-187 Mil. Its Operating Income was NT$256 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,839 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*255.663/-187.357
=1.36

Jong Shyn Shipbuilding Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Jong Shyn Shipbuilding Co's Interest Expense was NT$-108 Mil. Its Operating Income was NT$199 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,839 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*199.299/-107.66
=1.85

* 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 1.85 mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a Interest Coverage of 1.85 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jong Shyn Shipbuilding Co and its competitors. This is 67% above median its historical median of 1.11. Over the past decade, Jong Shyn Shipbuilding Co's Interest Coverage has ranged from 0.63 to 2.82. According to the industry distribution chart, Jong Shyn Shipbuilding Co ranks #222 out of 243 companies in the Aerospace & Defense industry, placing it in the top 91.4%.
Is Jong Shyn Shipbuilding Co's Interest Coverage too high?
Jong Shyn Shipbuilding Co's current Interest Coverage of 1.85 is 67% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.82. The Aerospace & Defense industry median Interest Coverage is 8.40. Jong Shyn Shipbuilding Co's value of 1.85 is 78% below this industry median. Based on the distribution chart, Jong Shyn Shipbuilding Co ranks #222 out of 243 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jong Shyn Shipbuilding Co's Interest Coverage compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jong Shyn Shipbuilding Co ranks #222 out of 243 companies for Interest Coverage. This places Jong Shyn Shipbuilding Co in the lower half of its industry. The industry median Interest Coverage is 8.40. Jong Shyn Shipbuilding Co's value of 1.85 is 78% below this benchmark. Historically, Jong Shyn Shipbuilding Co's own Interest Coverage has ranged from 0.63 to 2.82 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 8.40, Jong Shyn Shipbuilding Co 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 an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.40, based on 243 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. Jong Shyn Shipbuilding Co's current Interest Coverage of 1.85 is 78% 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 Jong Shyn Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jong Shyn Shipbuilding Co's current Interest Coverage is 1.85, which is 67% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jong Shyn Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co (ROCO:2644) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.51, compared to a current price of NT$83.90 — trading 36.2% below its estimated fair value. The current Interest Coverage is 1.85, which is 67% above median its 10-year median of 1.11 and 78% below the Aerospace & Defense industry median of 8.40. Jong Shyn Shipbuilding Co's overall GF Score™ is 54/100 with 7 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 Jong Shyn Shipbuilding Co (ROCO:2644), the current Interest Coverage is 1.85 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 Jong Shyn Shipbuilding Co (ROCO:2644) Overvalued in 2026?

Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co stock appears to be undervalued. The current stock price of NT$83.90 is trading 36.2% below its estimated GF Value™ of NT$131.51. GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.

Key valuation signals for ROCO:2644:

  • Interest Coverage: 1.85 (67% above median its 10-year median of 1.11)
  • GF Value™: NT$131.51 vs. price of NT$83.90 (36.2% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 78% below the Aerospace & Defense median (#222 of 243)

No single metric tells the full story. See the ROCO:2644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jong Shyn Shipbuilding Co Business Description

Address No. 77, Shangzhu Lane, Zhongzhou 3rd Road, Shangzhuli, Cijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.
54GF Score

Get the complete analysis for ROCO:2644

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

NT$83.90
Price
NT$131.51
GF Value