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. Hangxiao Steel Structure Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥16 Mil. Hangxiao Steel Structure Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-38 Mil.
Hangxiao Steel Structure Co's interest coverage for the quarter that ended in Mar. 2026 was 0.41.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Hangxiao Steel Structure Co Ltd interest coverage is 1.62, which is low.
The historical rank and industry rank for Hangxiao Steel Structure Co's Interest Coverage or its related term are showing as below:
SHSE:600477'
s Interest Coverage Range Over the Past 10 Years
Min: 1.62 Med: 6.74 Max: 24.03
Current: 1.62
SHSE:600477's Interest Coverage is ranked worse than 86.14% of 1349
companies
in the Construction industry
Industry Median: 7.94
vs SHSE:600477: 1.62
Hangxiao Steel Structure Co (SHSE:600477) 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 .
Hangxiao Steel Structure Co Interest Coverage Related Terms
Hangxiao Steel Structure 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.
Hangxiao Steel Structure Co Interest Coverage Chart
SHSE:600477 vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Hangxiao Steel Structure 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.
Hangxiao Steel Structure Co Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Hangxiao Steel Structure Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hangxiao Steel Structure Co's Interest Coverage falls into.
Hangxiao Steel Structure 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.
Hangxiao Steel Structure Co (SHSE:600477) has a Interest Coverage of 0.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hangxiao Steel Structure Co and its competitors. This is 94% below median its historical median of 6.74. Over the past decade, Hangxiao Steel Structure Co's Interest Coverage has ranged from 1.62 to 24.03. According to the industry distribution chart, Hangxiao Steel Structure Co ranks #1162 out of 1349 companies in the Construction industry, placing it in the top 86.1%.
Is Hangxiao Steel Structure Co's Interest Coverage too high?
Hangxiao Steel Structure Co's current Interest Coverage of 0.41 is 94% below median its 10-year median of 6.74. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 24.03. The Construction industry median Interest Coverage is 7.94. Hangxiao Steel Structure Co's value of 0.41 is 94.8% below this industry median. Based on the distribution chart, Hangxiao Steel Structure Co ranks #1162 out of 1349 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hangxiao Steel Structure Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hangxiao Steel Structure Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Hangxiao Steel Structure Co ranks #1162 out of 1349 companies for Interest Coverage. This places Hangxiao Steel Structure Co in the lower half of its industry. The industry median Interest Coverage is 7.94. Hangxiao Steel Structure Co's value of 0.41 is 94.8% below this benchmark. Historically, Hangxiao Steel Structure Co's own Interest Coverage has ranged from 1.62 to 24.03 over the past decade. While the company's 10-year median is 6.74 vs. the industry median of 7.94, Hangxiao Steel Structure 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,349 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. Hangxiao Steel Structure Co's current Interest Coverage of 0.41 is 94.8% 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 Hangxiao Steel Structure Co and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangxiao Steel Structure Co's current Interest Coverage is 0.41, which is 94% below median its own 10-year median of 6.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangxiao Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co (SHSE:600477) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.19, compared to a current price of ¥2.36 — trading 7.8% above its estimated fair value. The current Interest Coverage is 0.41, which is 94% below median its 10-year median of 6.74 and 94.8% below the Construction industry median of 7.94. Hangxiao Steel Structure Co's overall GF Score™ is 58/100 with 9 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 Hangxiao Steel Structure Co (SHSE:600477), the current Interest Coverage is 0.41 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 Hangxiao Steel Structure Co (SHSE:600477) Overvalued in 2026?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co stock appears to be overvalued.
The current stock price of ¥2.36 is trading 7.8% above its estimated GF Value™ of ¥2.19.
GuruFocus considers Hangxiao Steel Structure Co to be Fairly Valued.
Key valuation signals for SHSE:600477:
Interest Coverage: 0.41 (94% below median its 10-year median of 6.74)
GF Value™: ¥2.19 vs. price of ¥2.36 (7.8% above fair value)
Industry Position: 94.8% below the Construction median (#1162 of 1349)
No single metric tells the full story. See the SHSE:600477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
58GF Score
Get the complete analysis for SHSE:600477
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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