Minfeng Special Paper Co (SHSE:600235) Interest Coverage: 0.81 (As of Mar. 2026) — 58% Below Median

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SHSE:600235 Minfeng Special Paper Co Ltd SHSE:600235
48 GF Score
Price ¥5.01
GF Value ¥4.98
Valuation Fairly Valued
! 8 Warning Signs
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What is Minfeng Special Paper Co Interest Coverage?

Minfeng Special Paper Co SHSE:600235 -3.09% 48 Interest Coverage is 0.81 as of Mar. 2026, which is 58% below its 10-year median of 1.93. GuruFocus rates SHSE:600235 with a GF Score™ of 48/100 and a GF Value™ of ¥4.98 (Fairly Valued). The stock has 8 warning signs investors should review. Among 181 Forest Products companies, Minfeng Special Paper Co ranks worse than 82.32% 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. Minfeng Special Paper Co's Operating Income for the three months ended in Mar. 2026 was ¥6 Mil. Minfeng Special Paper Co's Interest Expense for the three months ended in Mar. 2026 was ¥-7 Mil. Minfeng Special Paper Co's interest coverage for the quarter that ended in Mar. 2026 was 0.81. 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. Minfeng Special Paper Co Ltd interest coverage is 1.34, which is low.

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

SHSE:600235' s Interest Coverage Range Over the Past 10 Years
Min: 0.92   Med: 1.93   Max: 5.59
Current: 1.34


SHSE:600235's Interest Coverage is ranked worse than
82.32% of 181 companies
in the Forest Products industry
Industry Median: 4.13 vs SHSE:600235: 1.34

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


Minfeng Special Paper Co  (SHSE:600235) 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 .


Minfeng Special Paper Co Interest Coverage Related Terms


Minfeng Special Paper Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Minfeng Special Paper 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.

Minfeng Special Paper Co Interest Coverage Chart

Minfeng Special Paper 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 3.36 1.94 3.38 5.59 1.62

Minfeng Special Paper 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 2.25 1.80 1.45 1.36 0.81

Minfeng Special Paper Co Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Minfeng Special Paper 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.


Minfeng Special Paper Co Interest Coverage vs Forest Products Industry

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

* The bar in red indicates where Minfeng Special Paper Co's Interest Coverage falls into.


SHSE:600235
48GF Score
Minfeng Special Paper Co Ltd SHSE:600235
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minfeng Special Paper 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.

Minfeng Special Paper 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, Minfeng Special Paper Co's Interest Expense was ¥-26 Mil. Its Operating Income was ¥42 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥341 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*41.532/-25.576
=1.62

Minfeng Special Paper Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Minfeng Special Paper Co's Interest Expense was ¥-7 Mil. Its Operating Income was ¥6 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥341 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.919/-7.308
=0.81

* 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 0.81 mean?
Minfeng Special Paper Co (SHSE:600235) has a Interest Coverage of 0.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minfeng Special Paper Co and its competitors. This is 58% below median its historical median of 1.93. Over the past decade, Minfeng Special Paper Co's Interest Coverage has ranged from 0.92 to 5.59. According to the industry distribution chart, Minfeng Special Paper Co ranks #149 out of 181 companies in the Forest Products industry, placing it in the top 82.3%.
Is Minfeng Special Paper Co's Interest Coverage too high?
Minfeng Special Paper Co's current Interest Coverage of 0.81 is 58% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 5.59. The Forest Products industry median Interest Coverage is 4.13. Minfeng Special Paper Co's value of 0.81 is 80.4% below this industry median. Based on the distribution chart, Minfeng Special Paper Co ranks #149 out of 181 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Minfeng Special Paper Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Minfeng Special Paper Co ranks #149 out of 181 companies for Interest Coverage. This places Minfeng Special Paper Co in the lower half of its industry. The industry median Interest Coverage is 4.13. Minfeng Special Paper Co's value of 0.81 is 80.4% below this benchmark. Historically, Minfeng Special Paper Co's own Interest Coverage has ranged from 0.92 to 5.59 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 4.13, Minfeng Special Paper 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 a Forest Products company?
The median Interest Coverage among Forest Products companies is 4.13, based on 181 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. Minfeng Special Paper Co's current Interest Coverage of 0.81 is 80.4% 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 Minfeng Special Paper Co and its competitors. For the Forest Products industry, the median Interest Coverage is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minfeng Special Paper Co's current Interest Coverage is 0.81, which is 58% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.98, compared to a current price of ¥5.01 — trading 0.6% above its estimated fair value. The current Interest Coverage is 0.81, which is 58% below median its 10-year median of 1.93 and 80.4% below the Forest Products industry median of 4.13. Minfeng Special Paper Co's overall GF Score™ is 48/100 with 8 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 Minfeng Special Paper Co (SHSE:600235), the current Interest Coverage is 0.81 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?

Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be overvalued. The current stock price of ¥5.01 is trading 0.6% above its estimated GF Value™ of ¥4.98. GuruFocus considers Minfeng Special Paper Co to be Fairly Valued.

Key valuation signals for SHSE:600235:

  • Interest Coverage: 0.81 (58% below median its 10-year median of 1.93)
  • GF Value™: ¥4.98 vs. price of ¥5.01 (0.6% above fair value)
  • GF Score™: 48/100 with 8 warning signs
  • Industry Position: 80.4% below the Forest Products median (#149 of 181)

No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minfeng Special Paper Co Business Description

Address No. 70, Luli Street, Zhejiang Province, Jiaxing, CHN, 314000
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
48GF Score

Get the complete analysis for SHSE:600235

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

¥5.01
Price
¥4.98
GF Value