Henan Pinggao Electric CoSHSE:600312 -3.80%87 Interest Coverage is 875.54 as of Mar. 2026, which is 8459% above its 10-year median of 10.23. GuruFocus rates SHSE:600312 with a GF Score™ of 87/100 and a GF Value™ of ¥16.93 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,321 Industrial Products companies, Henan Pinggao Electric Co ranks better than 93.67% 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. Henan Pinggao Electric Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥486 Mil. Henan Pinggao Electric Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-1 Mil.
Henan Pinggao Electric Co's interest coverage for the quarter that ended in Mar. 2026 was 875.54.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Henan Pinggao Electric Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Henan Pinggao Electric Co's Interest Coverage or its related term are showing as below:
SHSE:600312'
s Interest Coverage Range Over the Past 10 Years
Min: 2.86 Med: 10.23 Max: 801.81
Current: 801.81
SHSE:600312's Interest Coverage is ranked better than 93.67% of 2321
companies
in the Industrial Products industry
Industry Median: 14.8
vs SHSE:600312: 801.81
Henan Pinggao Electric Co (SHSE:600312) 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 .
Henan Pinggao Electric Co Interest Coverage Related Terms
Henan Pinggao Electric Co Interest Coverage Historical Data
* 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.
SHSE:600312 vs VRT, BE: Interest Coverage Comparison
For the Electrical Equipment & Parts subindustry, Henan Pinggao Electric 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.
Henan Pinggao Electric Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Henan Pinggao Electric Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Henan Pinggao Electric Co's Interest Coverage falls into.
Henan Pinggao Electric 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:
* 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.
Henan Pinggao Electric Co (SHSE:600312) has a Interest Coverage of 875.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Henan Pinggao Electric Co and its competitors. This is 8459% above median its historical median of 10.23. Over the past decade, Henan Pinggao Electric Co's Interest Coverage has ranged from 2.86 to 801.81. According to the industry distribution chart, Henan Pinggao Electric Co ranks #147 out of 2321 companies in the Industrial Products industry, placing it in the top 6.3%.
Is Henan Pinggao Electric Co's Interest Coverage too high?
Henan Pinggao Electric Co's current Interest Coverage of 875.54 is 8459% above median its 10-year median of 10.23. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 801.81. The Industrial Products industry median Interest Coverage is 14.80. Henan Pinggao Electric Co's value of 875.54 is 5815.8% above this industry median. Based on the distribution chart, Henan Pinggao Electric Co ranks #147 out of 2321 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Pinggao Electric Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henan Pinggao Electric Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Henan Pinggao Electric Co ranks #147 out of 2321 companies for Interest Coverage. This places Henan Pinggao Electric Co in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.80. Henan Pinggao Electric Co's value of 875.54 is 5815.8% above this benchmark. Historically, Henan Pinggao Electric Co's own Interest Coverage has ranged from 2.86 to 801.81 over the past decade. While the company's 10-year median is 10.23 vs. the industry median of 14.80, Henan Pinggao Electric 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,321 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. Henan Pinggao Electric Co's current Interest Coverage of 875.54 is 5815.8% 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 Henan Pinggao Electric Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Pinggao Electric Co's current Interest Coverage is 875.54, which is 8459% above median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Pinggao Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Pinggao Electric Co (SHSE:600312) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.93, compared to a current price of ¥16.97 — trading 0.2% above its estimated fair value. The current Interest Coverage is 875.54, which is 8459% above median its 10-year median of 10.23 and 5815.8% above the Industrial Products industry median of 14.80. Henan Pinggao Electric Co's overall GF Score™ is 87/100 with 1 warning sign 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 Henan Pinggao Electric Co (SHSE:600312), the current Interest Coverage is 875.54 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 Henan Pinggao Electric Co (SHSE:600312) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Pinggao Electric Co stock appears to be overvalued.
The current stock price of ¥16.97 is trading 0.2% above its estimated GF Value™ of ¥16.93.
GuruFocus considers Henan Pinggao Electric Co to be Fairly Valued.
Key valuation signals for SHSE:600312:
Interest Coverage: 875.54 (8459% above median its 10-year median of 10.23)
GF Value™: ¥16.93 vs. price of ¥16.97 (0.2% above fair value)
Industry Position: 5815.8% above the Industrial Products median (#147 of 2321)
No single metric tells the full story. See the SHSE:600312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Pinggao Electric Co Ltd is engaged in the manufacture of high and ultrahigh voltage switchgear. The company's products include 40.5~550 kV high voltage SF6 open circuit breakers, and 72.5~550 kV SF6 gas-insulated metal-enclosed switchgear.
87GF Score
Get the complete analysis for SHSE:600312
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600312 has been successfully added to your 
