Kangxin New Materials Co (SHSE:600076) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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SHSE:600076 Kangxin New Materials Co Ltd SHSE:600076
47 GF Score
Price ¥3.10
GF Value ¥2.60
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Kangxin New Materials Co Interest Coverage?

Kangxin New Materials Co SHSE:600076 +1.97% 47 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates SHSE:600076 with a GF Score™ of 47/100 and a GF Value™ of ¥2.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 183 Forest Products companies, Kangxin New Materials Co ranks worse than 546447.54% 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. Kangxin New Materials Co's Operating Income for the three months ended in Mar. 2026 was ¥-26.3 Mil. Kangxin New Materials Co's Interest Expense for the three months ended in Mar. 2026 was ¥-20.2 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 Kangxin New Materials Co's Interest Coverage or its related term are showing as below:


SHSE:600076's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 4.11
* 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.


Kangxin New Materials Co  (SHSE:600076) 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 .


Kangxin New Materials Co Interest Coverage Related Terms


Kangxin New Materials Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kangxin New Materials 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.

Kangxin New Materials Co Interest Coverage Chart

Kangxin New Materials 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 1.17 0.00 0.00 0.00 0.00

Kangxin New Materials 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 0.00 0.00 0.00 0.00 0.00

SHSE:600076 vs SSD, UFPI, BCC: Interest Coverage Comparison

For the Lumber & Wood Production subindustry, Kangxin New Materials 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.


Kangxin New Materials Co Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kangxin New Materials Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kangxin New Materials Co's Interest Coverage falls into.


SHSE:600076
47GF Score
Kangxin New Materials Co Ltd SHSE:600076
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Kangxin New Materials 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.

Kangxin New Materials 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, Kangxin New Materials Co's Interest Expense was ¥-81.2 Mil. Its Operating Income was ¥-144.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥961.0 Mil.

Kangxin New Materials Co did not have earnings to cover the interest expense.

Kangxin New Materials Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Kangxin New Materials Co's Interest Expense was ¥-20.2 Mil. Its Operating Income was ¥-26.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥935.8 Mil.

Kangxin New Materials 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?
Kangxin New Materials Co (SHSE:600076) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kangxin New Materials Co and its competitors. According to the industry distribution chart, Kangxin New Materials Co ranks #999999 out of 183 companies in the Forest Products industry.
Is Kangxin New Materials Co's Interest Coverage too high?
Kangxin New Materials Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Kangxin New Materials Co ranks #999999 out of 183 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Kangxin New Materials Co has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kangxin New Materials Co's Interest Coverage compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Kangxin New Materials Co ranks #999999 out of 183 companies for Interest Coverage. This places Kangxin New Materials Co in the lower half of its industry. The industry median Interest Coverage is 4.11. 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.11, based on 183 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 Kangxin New Materials Co and its competitors. For the Forest Products industry, the median Interest Coverage is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kangxin New Materials 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 Kangxin New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Kangxin New Materials Co (SHSE:600076) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.60, compared to a current price of ¥3.10 — trading 19.2% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Kangxin New Materials Co's overall GF Score™ is 47/100 with 4 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 Kangxin New Materials Co (SHSE:600076), the current Interest Coverage is 0 (At Loss) 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 Kangxin New Materials Co (SHSE:600076) Overvalued in 2026?

Based on GuruFocus' analysis, Kangxin New Materials Co stock appears to be overvalued. The current stock price of ¥3.10 is trading 19.2% above its estimated GF Value™ of ¥2.60. GuruFocus considers Kangxin New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:600076:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ¥2.60 vs. price of ¥3.10 (19.2% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kangxin New Materials Co Business Description

Address No. 1, Xinhe Industrial Park Road, Hanchuan Economic Development Zone, Hubei Province, Xiaogan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.
47GF Score

Get the complete analysis for SHSE:600076

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

¥3.10
Price
¥2.60
GF Value