Greenland Holdings Group (SHSE:600606) Interest Coverage: 0.31 (As of Mar. 2026) — 94% Below Median

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SHSE:600606 Greenland Holdings Group Corporation Ltd SHSE:600606
42 GF Score
Price ¥1.24
GF Value ¥1.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Greenland Holdings Group Interest Coverage?

Greenland Holdings Group SHSE:600606 -4.62% 42 Interest Coverage is 0.31 as of Mar. 2026, which is 94% below its 10-year median of 5.52. GuruFocus rates SHSE:600606 with a GF Score™ of 42/100 and a GF Value™ of ¥1.06 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,303 Real Estate companies, Greenland Holdings Group ranks worse than 76745.89% 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. Greenland Holdings Group's Operating Income for the three months ended in Mar. 2026 was ¥435 Mil. Greenland Holdings Group's Interest Expense for the three months ended in Mar. 2026 was ¥-1,405 Mil. Greenland Holdings Group's interest coverage for the quarter that ended in Mar. 2026 was 0.31. The higher the ratio, the stronger the company's financial strength is.

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


SHSE:600606's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.18
* Ranked among companies with meaningful Interest Coverage only.

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


Greenland Holdings Group  (SHSE:600606) 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 .


Greenland Holdings Group Interest Coverage Related Terms


Greenland Holdings Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Greenland Holdings Group'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.

Greenland Holdings Group Interest Coverage Chart

Greenland Holdings Group 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 4.19 2.55 2.06 0.65 0.00

Greenland Holdings Group 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 0.81 0.25 0.00 0.00 0.31

SHSE:600606 vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Greenland Holdings Group'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.


Greenland Holdings Group Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Greenland Holdings Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Greenland Holdings Group's Interest Coverage falls into.


SHSE:600606
42GF Score
Greenland Holdings Group Corporation Ltd SHSE:600606
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Holdings Group 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.

Greenland Holdings Group'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, Greenland Holdings Group's Interest Expense was ¥-8,455 Mil. Its Operating Income was ¥-4,566 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥88,799 Mil.

Greenland Holdings Group did not have earnings to cover the interest expense.

Greenland Holdings Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Greenland Holdings Group's Interest Expense was ¥-1,405 Mil. Its Operating Income was ¥435 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥98,741 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*434.538/-1404.998
=0.31

* 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 0.31 mean?
Greenland Holdings Group (SHSE:600606) has a Interest Coverage of 0.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Greenland Holdings Group and its competitors. This is 94% below median its historical median of 5.52. According to the industry distribution chart, Greenland Holdings Group ranks #999999 out of 1303 companies in the Real Estate industry.
Is Greenland Holdings Group's Interest Coverage too high?
Greenland Holdings Group's current Interest Coverage of 0.31 is 94% below median its 10-year median of 5.52. The Real Estate industry median Interest Coverage is 4.18. Greenland Holdings Group's value of 0.31 is 92.6% below this industry median. Based on the distribution chart, Greenland Holdings Group ranks #999999 out of 1303 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Greenland Holdings Group has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenland Holdings Group's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Greenland Holdings Group ranks #999999 out of 1303 companies for Interest Coverage. This places Greenland Holdings Group in the lower half of its industry. The industry median Interest Coverage is 4.18. Greenland Holdings Group's value of 0.31 is 92.6% below this benchmark. While the company's 10-year median is 5.52 vs. the industry median of 4.18, Greenland Holdings Group 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.18, based on 1,303 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. Greenland Holdings Group's current Interest Coverage of 0.31 is 92.6% 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 Greenland Holdings Group and its competitors. For the Real Estate industry, the median Interest Coverage is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Holdings Group's current Interest Coverage is 0.31, which is 94% below median its own 10-year median of 5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Greenland Holdings Group (SHSE:600606) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.06, compared to a current price of ¥1.24 — trading 17% above its estimated fair value. The current Interest Coverage is 0.31, which is 94% below median its 10-year median of 5.52 and 92.6% below the Real Estate industry median of 4.18. Greenland Holdings Group's overall GF Score™ is 42/100 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 Greenland Holdings Group (SHSE:600606), the current Interest Coverage is 0.31 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 Greenland Holdings Group (SHSE:600606) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Holdings Group stock appears to be overvalued. The current stock price of ¥1.24 is trading 17% above its estimated GF Value™ of ¥1.06. GuruFocus considers Greenland Holdings Group to be Modestly Overvalued.

Key valuation signals for SHSE:600606:

  • Interest Coverage: 0.31 (94% below median its 10-year median of 5.52)
  • GF Value™: ¥1.06 vs. price of ¥1.24 (17% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 92.6% below the Real Estate median (#999999 of 1303)

No single metric tells the full story. See the SHSE:600606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenland Holdings Group Business Description

Address No. 700 Dapu Road, Huangpu District, Shanghai, CHN, 200023
Greenland Holdings Group Corporation Ltd is a China-based company. The company is principally engaged in the business of industrial investment, real estate development, operation, leasing, replacement, residential and infrastructure construction, hotel management, urban rail transit projects, financial information services, greening projects, technical services in the energy field, property management.
42GF Score

Get the complete analysis for SHSE:600606

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

¥1.24
Price
¥1.06
GF Value