COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Interest Coverage: 5.63 (As of Mar. 2026) — 117% Above Median

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SHSE:600428 COSCO SHIPPING Specialized Carriers Co Ltd SHSE:600428
82 GF Score
Price ¥10.57
GF Value ¥8.54
Valuation Modestly Overvalued
! 7 Warning Signs
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What is COSCO SHIPPING Specialized Carriers Co Interest Coverage?

COSCO SHIPPING Specialized Carriers Co SHSE:600428 -0.09% 82 Interest Coverage is 5.63 as of Mar. 2026, which is 117% above its 10-year median of 2.60. GuruFocus rates SHSE:600428 with a GF Score™ of 82/100 and a GF Value™ of ¥8.54 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 842 Transportation companies, COSCO SHIPPING Specialized Carriers Co ranks better than 50.36% 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. COSCO SHIPPING Specialized Carriers Co's Operating Income for the three months ended in Mar. 2026 was ¥885 Mil. COSCO SHIPPING Specialized Carriers Co's Interest Expense for the three months ended in Mar. 2026 was ¥-157 Mil. COSCO SHIPPING Specialized Carriers Co's interest coverage for the quarter that ended in Mar. 2026 was 5.63. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for COSCO SHIPPING Specialized Carriers Co's Interest Coverage or its related term are showing as below:

SHSE:600428' s Interest Coverage Range Over the Past 10 Years
Min: 0.52   Med: 2.6   Max: 6.62
Current: 5.78


SHSE:600428's Interest Coverage is ranked better than
50.36% of 842 companies
in the Transportation industry
Industry Median: 5.72 vs SHSE:600428: 5.78

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


COSCO SHIPPING Specialized Carriers Co  (SHSE:600428) 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 .


COSCO SHIPPING Specialized Carriers Co Interest Coverage Related Terms


COSCO SHIPPING Specialized Carriers Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers Co Interest Coverage Chart

COSCO SHIPPING Specialized Carriers 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 5.55 6.62 2.83 4.94 5.55

COSCO SHIPPING Specialized Carriers 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 4.65 5.59 6.25 5.65 5.63

COSCO SHIPPING Specialized Carriers Co Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, COSCO SHIPPING Specialized Carriers 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.


COSCO SHIPPING Specialized Carriers Co Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Specialized Carriers Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Specialized Carriers Co's Interest Coverage falls into.


SHSE:600428
82GF Score
COSCO SHIPPING Specialized Carriers Co Ltd SHSE:600428
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers 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, COSCO SHIPPING Specialized Carriers Co's Interest Expense was ¥-639 Mil. Its Operating Income was ¥3,551 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥12,006 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3551.029/-639.273
=5.55

COSCO SHIPPING Specialized Carriers Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, COSCO SHIPPING Specialized Carriers Co's Interest Expense was ¥-157 Mil. Its Operating Income was ¥885 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥11,637 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*884.702/-157.163
=5.63

* 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 5.63 mean?
COSCO SHIPPING Specialized Carriers Co (SHSE:600428) has a Interest Coverage of 5.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on COSCO SHIPPING Specialized Carriers Co and its competitors. This is 117% above median its historical median of 2.60. Over the past decade, COSCO SHIPPING Specialized Carriers Co's Interest Coverage has ranged from 0.52 to 6.62. According to the industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #418 out of 842 companies in the Transportation industry, placing it in the top 49.6%.
Is COSCO SHIPPING Specialized Carriers Co's Interest Coverage too high?
COSCO SHIPPING Specialized Carriers Co's current Interest Coverage of 5.63 is 117% above median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 6.62. The Transportation industry median Interest Coverage is 5.72. COSCO SHIPPING Specialized Carriers Co's value of 5.63 is 1.6% below this industry median. Based on the distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #418 out of 842 companies in the Transportation industry, which is above the industry midpoint. Overall, COSCO SHIPPING Specialized Carriers Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Specialized Carriers Co's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #418 out of 842 companies for Interest Coverage. This puts COSCO SHIPPING Specialized Carriers Co in the upper half of its industry. The industry median Interest Coverage is 5.72. COSCO SHIPPING Specialized Carriers Co's value of 5.63 is 1.6% below this benchmark. Historically, COSCO SHIPPING Specialized Carriers Co's own Interest Coverage has ranged from 0.52 to 6.62 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 5.72, COSCO SHIPPING Specialized Carriers 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 842 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. COSCO SHIPPING Specialized Carriers Co's current Interest Coverage of 5.63 is 1.6% 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 COSCO SHIPPING Specialized Carriers Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COSCO SHIPPING Specialized Carriers Co's current Interest Coverage is 5.63, which is 117% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Specialized Carriers Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co (SHSE:600428) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.54, compared to a current price of ¥10.57 — trading 23.8% above its estimated fair value. The current Interest Coverage is 5.63, which is 117% above median its 10-year median of 2.60 and 1.6% below the Transportation industry median of 5.72. COSCO SHIPPING Specialized Carriers Co's overall GF Score™ is 82/100 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428), the current Interest Coverage is 5.63 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Overvalued in 2026?

Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co stock appears to be overvalued. The current stock price of ¥10.57 is trading 23.8% above its estimated GF Value™ of ¥8.54. GuruFocus considers COSCO SHIPPING Specialized Carriers Co to be Modestly Overvalued.

Key valuation signals for SHSE:600428:

  • Interest Coverage: 5.63 (117% above median its 10-year median of 2.60)
  • GF Value™: ¥8.54 vs. price of ¥10.57 (23.8% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 1.6% below the Transportation median (#418 of 842)

No single metric tells the full story. See the SHSE:600428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COSCO SHIPPING Specialized Carriers Co Business Description

Address No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623
COSCO SHIPPING Specialized Carriers Co Ltd is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
82GF Score

Get the complete analysis for SHSE:600428

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

¥10.57
Price
¥8.54
GF Value