Qianjiang Water Resources Development Co (SHSE:600283) Interest Coverage: 5.17 (As of Mar. 2026) — Near Median

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SHSE:600283 Qianjiang Water Resources Development Co Ltd SHSE:600283
72 GF Score
Price ¥7.61
GF Value ¥10.84
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Qianjiang Water Resources Development Co Interest Coverage?

Qianjiang Water Resources Development Co SHSE:600283 +0.53% 72 Interest Coverage is 5.17 as of Mar. 2026, which is 5% above its 10-year median of 4.94. GuruFocus rates SHSE:600283 with a GF Score™ of 72/100 and a GF Value™ of ¥10.84 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 449 Utilities - Regulated companies, Qianjiang Water Resources Development Co ranks better than 61.25% 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. Qianjiang Water Resources Development Co's Operating Income for the three months ended in Mar. 2026 was ¥106 Mil. Qianjiang Water Resources Development Co's Interest Expense for the three months ended in Mar. 2026 was ¥-21 Mil. Qianjiang Water Resources Development Co's interest coverage for the quarter that ended in Mar. 2026 was 5.17. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Qianjiang Water Resources Development Co's Interest Coverage or its related term are showing as below:

SHSE:600283' s Interest Coverage Range Over the Past 10 Years
Min: 0.86   Med: 4.94   Max: 6.89
Current: 5.22


SHSE:600283's Interest Coverage is ranked better than
61.25% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs SHSE:600283: 5.22

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


Qianjiang Water Resources Development Co  (SHSE:600283) 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 .


Qianjiang Water Resources Development Co Interest Coverage Related Terms


Qianjiang Water Resources Development Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development Co Interest Coverage Chart

Qianjiang Water Resources Development 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 6.73 6.89 6.38 4.80 5.08

Qianjiang Water Resources Development 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 4.59 6.27 7.14 2.47 5.17

SHSE:600283 vs AWK, WTRG, AWR: Interest Coverage Comparison

For the Utilities - Regulated Water subindustry, Qianjiang Water Resources Development 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.


Qianjiang Water Resources Development Co Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Qianjiang Water Resources Development Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Qianjiang Water Resources Development Co's Interest Coverage falls into.


SHSE:600283
72GF Score
Qianjiang Water Resources Development Co Ltd SHSE:600283
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development 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, Qianjiang Water Resources Development Co's Interest Expense was ¥-83 Mil. Its Operating Income was ¥420 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,963 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*419.922/-82.713
=5.08

Qianjiang Water Resources Development Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Qianjiang Water Resources Development Co's Interest Expense was ¥-21 Mil. Its Operating Income was ¥106 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,928 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*106.012/-20.521
=5.17

* 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 5.17 mean?
Qianjiang Water Resources Development Co (SHSE:600283) has a Interest Coverage of 5.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Qianjiang Water Resources Development Co and its competitors. This is near median its historical median of 4.94. Over the past decade, Qianjiang Water Resources Development Co's Interest Coverage has ranged from 0.86 to 6.89. According to the industry distribution chart, Qianjiang Water Resources Development Co ranks #174 out of 449 companies in the Utilities - Regulated industry, placing it in the top 38.8%.
Is Qianjiang Water Resources Development Co's Interest Coverage too high?
Qianjiang Water Resources Development Co's current Interest Coverage of 5.17 is near median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 6.89. The Utilities - Regulated industry median Interest Coverage is 3.78. Qianjiang Water Resources Development Co's value of 5.17 is 36.8% above this industry median. Based on the distribution chart, Qianjiang Water Resources Development Co ranks #174 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Qianjiang Water Resources Development Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qianjiang Water Resources Development Co's Interest Coverage compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Qianjiang Water Resources Development Co ranks #174 out of 449 companies for Interest Coverage. This puts Qianjiang Water Resources Development Co in the upper half of its industry. The industry median Interest Coverage is 3.78. Qianjiang Water Resources Development Co's value of 5.17 is 36.8% above this benchmark. Historically, Qianjiang Water Resources Development Co's own Interest Coverage has ranged from 0.86 to 6.89 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 3.78, Qianjiang Water Resources Development 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Qianjiang Water Resources Development Co's current Interest Coverage of 5.17 is 36.8% 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 Qianjiang Water Resources Development Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qianjiang Water Resources Development Co's current Interest Coverage is 5.17, which is near median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qianjiang Water Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Qianjiang Water Resources Development Co (SHSE:600283) is currently considered Possible Value Trap. The stock's GF Value™ is ¥10.84, compared to a current price of ¥7.61 — trading 29.8% below its estimated fair value. The current Interest Coverage is 5.17, which is near median its 10-year median of 4.94 and 36.8% above the Utilities - Regulated industry median of 3.78. Qianjiang Water Resources Development Co's overall GF Score™ is 72/100 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 Qianjiang Water Resources Development Co (SHSE:600283), the current Interest Coverage is 5.17 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 Qianjiang Water Resources Development Co (SHSE:600283) Overvalued in 2026?

Based on GuruFocus' analysis, Qianjiang Water Resources Development Co stock appears to be undervalued. The current stock price of ¥7.61 is trading 29.8% below its estimated GF Value™ of ¥10.84. GuruFocus considers Qianjiang Water Resources Development Co to be Possible Value Trap.

Key valuation signals for SHSE:600283:

  • Interest Coverage: 5.17 (near median its 10-year median of 4.94)
  • GF Value™: ¥10.84 vs. price of ¥7.61 (29.8% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 36.8% above the Utilities - Regulated median (#174 of 449)

No single metric tells the full story. See the SHSE:600283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qianjiang Water Resources Development Co Business Description

Address No. 3 Santaishan Road, Zhejiang, hangzhou, CHN, 310013
Qianjiang Water Resources Development Co Ltd is a China-based company is involved in hydropower and water supply business. In addition, it is involved in the real estate development activities; distribution of materials and spare parts; and other services.
72GF Score

Get the complete analysis for SHSE:600283

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

¥7.61
Price
¥10.84
GF Value