Mudanjiang Hengfeng Paper Co (SHSE:600356) Interest Coverage: 25.28 (As of Mar. 2026) — 102% Above Median

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SHSE:600356 Mudanjiang Hengfeng Paper Co Ltd SHSE:600356
74 GF Score
Price ¥8.04
GF Value ¥8.37
Valuation Fairly Valued
! 5 Warning Signs
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What is Mudanjiang Hengfeng Paper Co Interest Coverage?

Mudanjiang Hengfeng Paper Co SHSE:600356 +2.55% 74 Interest Coverage is 25.28 as of Mar. 2026, which is 102% above its 10-year median of 12.52. GuruFocus rates SHSE:600356 with a GF Score™ of 74/100 and a GF Value™ of ¥8.37 (Fairly Valued). The stock has 5 warning signs investors should review. Among 183 Forest Products companies, Mudanjiang Hengfeng Paper Co ranks better than 86.34% 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. Mudanjiang Hengfeng Paper Co's Operating Income for the three months ended in Mar. 2026 was ¥75 Mil. Mudanjiang Hengfeng Paper Co's Interest Expense for the three months ended in Mar. 2026 was ¥-3 Mil. Mudanjiang Hengfeng Paper Co's interest coverage for the quarter that ended in Mar. 2026 was 25.28. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:600356' s Interest Coverage Range Over the Past 10 Years
Min: 6.35   Med: 12.52   Max: 34.18
Current: 34.18


SHSE:600356's Interest Coverage is ranked better than
86.34% of 183 companies
in the Forest Products industry
Industry Median: 4.11 vs SHSE:600356: 34.18

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


Mudanjiang Hengfeng Paper Co  (SHSE:600356) 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 .


Mudanjiang Hengfeng Paper Co Interest Coverage Related Terms


Mudanjiang Hengfeng Paper Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mudanjiang Hengfeng 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.

Mudanjiang Hengfeng Paper Co Interest Coverage Chart

Mudanjiang Hengfeng 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 13.46 12.48 16.08 25.69 30.56

Mudanjiang Hengfeng 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 15.12 48.93 24.37 48.94 25.28

Mudanjiang Hengfeng Paper Co Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Mudanjiang Hengfeng 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.


Mudanjiang Hengfeng Paper Co Interest Coverage vs Forest Products Industry

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

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


SHSE:600356
74GF Score
Mudanjiang Hengfeng Paper Co Ltd SHSE:600356
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mudanjiang Hengfeng 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.

Mudanjiang Hengfeng 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, Mudanjiang Hengfeng Paper Co's Interest Expense was ¥-9 Mil. Its Operating Income was ¥290 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥190 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*289.806/-9.484
=30.56

Mudanjiang Hengfeng 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, Mudanjiang Hengfeng Paper Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥75 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥359 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*74.697/-2.955
=25.28

* 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 25.28 mean?
Mudanjiang Hengfeng Paper Co (SHSE:600356) has a Interest Coverage of 25.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mudanjiang Hengfeng Paper Co and its competitors. This is 102% above median its historical median of 12.52. Over the past decade, Mudanjiang Hengfeng Paper Co's Interest Coverage has ranged from 6.35 to 34.18. According to the industry distribution chart, Mudanjiang Hengfeng Paper Co ranks #25 out of 183 companies in the Forest Products industry, placing it in the top 13.7%.
Is Mudanjiang Hengfeng Paper Co's Interest Coverage too high?
Mudanjiang Hengfeng Paper Co's current Interest Coverage of 25.28 is 102% above median its 10-year median of 12.52. Over the past 10 years, this metric has ranged from a low of 6.35 to a high of 34.18. The Forest Products industry median Interest Coverage is 4.11. Mudanjiang Hengfeng Paper Co's value of 25.28 is 515.1% above this industry median. Based on the distribution chart, Mudanjiang Hengfeng Paper Co ranks #25 out of 183 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mudanjiang Hengfeng Paper Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mudanjiang Hengfeng Paper Co's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Mudanjiang Hengfeng Paper Co ranks #25 out of 183 companies for Interest Coverage. This places Mudanjiang Hengfeng Paper Co in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.11. Mudanjiang Hengfeng Paper Co's value of 25.28 is 515.1% above this benchmark. Historically, Mudanjiang Hengfeng Paper Co's own Interest Coverage has ranged from 6.35 to 34.18 over the past decade. While the company's 10-year median is 12.52 vs. the industry median of 4.11, Mudanjiang Hengfeng Paper 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 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. Mudanjiang Hengfeng Paper Co's current Interest Coverage of 25.28 is 515.1% 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 Mudanjiang Hengfeng Paper 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. Mudanjiang Hengfeng Paper Co's current Interest Coverage is 25.28, which is 102% above median its own 10-year median of 12.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mudanjiang Hengfeng Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co (SHSE:600356) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.37, compared to a current price of ¥8.04 — trading 3.9% below its estimated fair value. The current Interest Coverage is 25.28, which is 102% above median its 10-year median of 12.52 and 515.1% above the Forest Products industry median of 4.11. Mudanjiang Hengfeng Paper Co's overall GF Score™ is 74/100 with 5 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 Mudanjiang Hengfeng Paper Co (SHSE:600356), the current Interest Coverage is 25.28 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 Mudanjiang Hengfeng Paper Co (SHSE:600356) Overvalued in 2026?

Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co stock appears to be undervalued. The current stock price of ¥8.04 is trading 3.9% below its estimated GF Value™ of ¥8.37. GuruFocus considers Mudanjiang Hengfeng Paper Co to be Fairly Valued.

Key valuation signals for SHSE:600356:

  • Interest Coverage: 25.28 (102% above median its 10-year median of 12.52)
  • GF Value™: ¥8.37 vs. price of ¥8.04 (3.9% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 515.1% above the Forest Products median (#25 of 183)

No single metric tells the full story. See the SHSE:600356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mudanjiang Hengfeng Paper Co Business Description

Address No. 11 Hengfeng Road, Yangming District, Heilongjiang Province, Mudanjiang, CHN, 157013
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
74GF Score

Get the complete analysis for SHSE:600356

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

¥8.04
Price
¥8.37
GF Value