Anhui Expressway Co (SHSE:600012) Interest Coverage: 9.64 (As of Mar. 2026) — 17% Below Median

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SHSE:600012 Anhui Expressway Co Ltd SHSE:600012
75 GF Score
Price ¥16.80
GF Value ¥11.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Anhui Expressway Co Interest Coverage?

Anhui Expressway Co SHSE:600012 -0.47% 75 Interest Coverage is 9.64 as of Mar. 2026, which is 17% below its 10-year median of 11.65. GuruFocus rates SHSE:600012 with a GF Score™ of 75/100 and a GF Value™ of ¥11.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,359 Construction companies, Anhui Expressway Co ranks better than 52.24% 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. Anhui Expressway Co's Operating Income for the three months ended in Mar. 2026 was ¥777 Mil. Anhui Expressway Co's Interest Expense for the three months ended in Mar. 2026 was ¥-81 Mil. Anhui Expressway Co's interest coverage for the quarter that ended in Mar. 2026 was 9.64. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:600012' s Interest Coverage Range Over the Past 10 Years
Min: 8.57   Med: 11.65   Max: 17.02
Current: 8.59


SHSE:600012's Interest Coverage is ranked better than
52.24% of 1359 companies
in the Construction industry
Industry Median: 7.81 vs SHSE:600012: 8.59

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


Anhui Expressway Co  (SHSE:600012) 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 .


Anhui Expressway Co Interest Coverage Related Terms


Anhui Expressway Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Anhui Expressway 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.

Anhui Expressway Co Interest Coverage Chart

Anhui Expressway 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 8.57 9.15 11.34 14.65 9.23

Anhui Expressway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.85 6.62 9.84 8.41 9.64

Anhui Expressway Co Interest Coverage Competitor Comparison

For the Infrastructure Operations subindustry, Anhui Expressway 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.


Anhui Expressway Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Anhui Expressway Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anhui Expressway Co's Interest Coverage falls into.


SHSE:600012
75GF Score
Anhui Expressway Co Ltd SHSE:600012
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Expressway 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.

Anhui Expressway 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, Anhui Expressway Co's Interest Expense was ¥-298 Mil. Its Operating Income was ¥2,753 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥13,115 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2752.967/-298.24
=9.23

Anhui Expressway Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Anhui Expressway Co's Interest Expense was ¥-81 Mil. Its Operating Income was ¥777 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥13,711 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*777.051/-80.628
=9.64

* 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 9.64 mean?
Anhui Expressway Co (SHSE:600012) has a Interest Coverage of 9.64 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anhui Expressway Co and its competitors. This is 17% below median its historical median of 11.65. Over the past decade, Anhui Expressway Co's Interest Coverage has ranged from 8.57 to 17.02. According to the industry distribution chart, Anhui Expressway Co ranks #649 out of 1359 companies in the Construction industry, placing it in the top 47.8%.
Is Anhui Expressway Co's Interest Coverage too high?
Anhui Expressway Co's current Interest Coverage of 9.64 is 17% below median its 10-year median of 11.65. Over the past 10 years, this metric has ranged from a low of 8.57 to a high of 17.02. The Construction industry median Interest Coverage is 7.81. Anhui Expressway Co's value of 9.64 is 23.4% above this industry median. Based on the distribution chart, Anhui Expressway Co ranks #649 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, Anhui Expressway Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Expressway Co's Interest Coverage compare to competitors?
According to the Construction industry distribution chart, Anhui Expressway Co ranks #649 out of 1359 companies for Interest Coverage. This puts Anhui Expressway Co in the upper half of its industry. The industry median Interest Coverage is 7.81. Anhui Expressway Co's value of 9.64 is 23.4% above this benchmark. Historically, Anhui Expressway Co's own Interest Coverage has ranged from 8.57 to 17.02 over the past decade. While the company's 10-year median is 11.65 vs. the industry median of 7.81, Anhui Expressway Co 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,359 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. Anhui Expressway Co's current Interest Coverage of 9.64 is 23.4% 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 Anhui Expressway Co and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Expressway Co's current Interest Coverage is 9.64, which is 17% below median its own 10-year median of 11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Expressway Co (SHSE:600012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.28, compared to a current price of ¥16.80 — trading 48.9% above its estimated fair value. The current Interest Coverage is 9.64, which is 17% below median its 10-year median of 11.65 and 23.4% above the Construction industry median of 7.81. Anhui Expressway Co's overall GF Score™ is 75/100 with 9 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 Anhui Expressway Co (SHSE:600012), the current Interest Coverage is 9.64 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.

Is Anhui Expressway Co (SHSE:600012) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Expressway Co stock appears to be overvalued. The current stock price of ¥16.80 is trading 48.9% above its estimated GF Value™ of ¥11.28. GuruFocus considers Anhui Expressway Co to be Significantly Overvalued.

Key valuation signals for SHSE:600012:

  • Interest Coverage: 9.64 (17% below median its 10-year median of 11.65)
  • GF Value™: ¥11.28 vs. price of ¥16.80 (48.9% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 23.4% above the Construction median (#649 of 1359)

No single metric tells the full story. See the SHSE:600012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Expressway Co Business Description

Other Exchanges 00995:Hong KongHU7:Germany
Address No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088
Anhui Expressway Co Ltd is engaged in the investment, construction, operation, and management of toll roads within Anhui province. The company acquires operating expressway assets through various means such as investment and construction, acquisition, or cooperative operation. The company provides toll service for vehicles, collects vehicles' tolls according to the charging standard, maintains repairs, and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.
75GF Score

Get the complete analysis for SHSE:600012

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

¥16.80
Price
¥11.28
GF Value