Wanhua Chemical Group Co (SHSE:600309) Interest Coverage: 5.97 (As of Mar. 2026) — 44% Below Median


SHSE:600309 Wanhua Chemical Group Co Ltd SHSE:600309
86 GF Score
Price ¥69.18
GF Value ¥94.45
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wanhua Chemical Group Co Interest Coverage?

Wanhua Chemical Group Co SHSE:600309 +0.85% 86 Interest Coverage is 5.97 as of Mar. 2026, which is 44% below its 10-year median of 10.58. GuruFocus rates SHSE:600309 with a GF Score™ of 86/100 and a GF Value™ of ¥94.45 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,234 Chemicals companies, Wanhua Chemical Group Co ranks worse than 59.32% 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. Wanhua Chemical Group Co's Operating Income for the three months ended in Mar. 2026 was ¥5,794 Mil. Wanhua Chemical Group Co's Interest Expense for the three months ended in Mar. 2026 was ¥-970 Mil. Wanhua Chemical Group Co's interest coverage for the quarter that ended in Mar. 2026 was 5.97. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:600309' s Interest Coverage Range Over the Past 10 Years
Min: 6.2   Med: 10.58   Max: 23.09
Current: 6.6


SHSE:600309's Interest Coverage is ranked worse than
59.32% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs SHSE:600309: 6.60

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


Wanhua Chemical Group Co  (SHSE:600309) 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 .


Wanhua Chemical Group Co Interest Coverage Related Terms


Wanhua Chemical Group Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wanhua Chemical Group 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.

Wanhua Chemical Group Co Interest Coverage Chart

Wanhua Chemical Group 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 15.57 10.12 7.59 7.22 6.20

Wanhua Chemical Group 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 4.75 5.33 6.81 9.03 5.97

SHSE:600309 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Wanhua Chemical Group 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.


Wanhua Chemical Group Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wanhua Chemical Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wanhua Chemical Group Co's Interest Coverage falls into.


SHSE:600309
86GF Score
Wanhua Chemical Group Co Ltd SHSE:600309
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Wanhua Chemical Group 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.

Wanhua Chemical Group 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, Wanhua Chemical Group Co's Interest Expense was ¥-2,936 Mil. Its Operating Income was ¥18,197 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥64,408 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*18197.186/-2935.699
=6.20

Wanhua Chemical Group Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Wanhua Chemical Group Co's Interest Expense was ¥-970 Mil. Its Operating Income was ¥5,794 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥69,038 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5794.392/-970.442
=5.97

* 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 5.97 mean?
Wanhua Chemical Group Co (SHSE:600309) has a Interest Coverage of 5.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wanhua Chemical Group Co and its competitors. This is 44% below median its historical median of 10.58. Over the past decade, Wanhua Chemical Group Co's Interest Coverage has ranged from 6.20 to 23.09. According to the industry distribution chart, Wanhua Chemical Group Co ranks #732 out of 1234 companies in the Chemicals industry, placing it in the top 59.3%.
Is Wanhua Chemical Group Co's Interest Coverage too high?
Wanhua Chemical Group Co's current Interest Coverage of 5.97 is 44% below median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 6.20 to a high of 23.09. The Chemicals industry median Interest Coverage is 10.18. Wanhua Chemical Group Co's value of 5.97 is 41.4% below this industry median. Based on the distribution chart, Wanhua Chemical Group Co ranks #732 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, Wanhua Chemical Group Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wanhua Chemical Group Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Wanhua Chemical Group Co ranks #732 out of 1234 companies for Interest Coverage. This places Wanhua Chemical Group Co in the lower half of its industry. The industry median Interest Coverage is 10.18. Wanhua Chemical Group Co's value of 5.97 is 41.4% below this benchmark. Historically, Wanhua Chemical Group Co's own Interest Coverage has ranged from 6.20 to 23.09 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 10.18, Wanhua Chemical Group 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Wanhua Chemical Group Co's current Interest Coverage of 5.97 is 41.4% 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 Wanhua Chemical Group Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wanhua Chemical Group Co's current Interest Coverage is 5.97, which is 44% below median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wanhua Chemical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wanhua Chemical Group Co (SHSE:600309) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥94.45, compared to a current price of ¥69.18 — trading 26.8% below its estimated fair value. The current Interest Coverage is 5.97, which is 44% below median its 10-year median of 10.58 and 41.4% below the Chemicals industry median of 10.18. Wanhua Chemical Group Co's overall GF Score™ is 86/100 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 Wanhua Chemical Group Co (SHSE:600309), the current Interest Coverage is 5.97 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 Wanhua Chemical Group Co (SHSE:600309) Overvalued in 2026?

Based on GuruFocus' analysis, Wanhua Chemical Group Co stock appears to be undervalued. The current stock price of ¥69.18 is trading 26.8% below its estimated GF Value™ of ¥94.45. GuruFocus considers Wanhua Chemical Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600309:

  • Interest Coverage: 5.97 (44% below median its 10-year median of 10.58)
  • GF Value™: ¥94.45 vs. price of ¥69.18 (26.8% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 41.4% below the Chemicals median (#732 of 1234)

No single metric tells the full story. See the SHSE:600309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wanhua Chemical Group Co Business Description

Address No. 3, Sanya Road, Economic and Technological Development Zone, Yantai, CHN, 264006
Wanhua Chemical Group Co Ltd is engaged in the development, production, and sales of polyurethane and additives, isocyanate and derivative products; the sales of liquefied petroleum gas, propylene, acrylic acid, and other petrochemical products.
86GF Score

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

¥69.18
Price
¥94.45
GF Value