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Shanghai SMI Holding CoSHSE:600649 +1.10%56 Interest Coverage is 0.96 as of Mar. 2026, which is 40% below its 10-year median of 1.59. GuruFocus rates SHSE:600649 with a GF Score™ of 56/100 and a GF Value™ of ¥7.28 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,303 Real Estate companies, Shanghai SMI Holding Co ranks worse than 79.82% 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. Shanghai SMI Holding Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥202 Mil. Shanghai SMI Holding Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-211 Mil.
Shanghai SMI Holding Co's interest coverage for the quarter that ended in Mar. 2026 was 0.96.
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. Shanghai SMI Holding Co Ltd interest coverage is 1.41, which is low.
The historical rank and industry rank for Shanghai SMI Holding Co's Interest Coverage or its related term are showing as below:
SHSE:600649'
s Interest Coverage Range Over the Past 10 Years
Min: 0.37 Med: 1.59 Max: 18.96
Current: 1.41
SHSE:600649's Interest Coverage is ranked worse than 79.82% of 1303
companies
in the Real Estate industry
Industry Median: 4.18
vs SHSE:600649: 1.41
Shanghai SMI Holding Co (SHSE:600649) 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 .
Shanghai SMI Holding Co Interest Coverage Related Terms
Shanghai SMI Holding Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shanghai SMI Holding 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.
Shanghai SMI Holding Co Interest Coverage Competitor Comparison
For the Real Estate - Development subindustry, Shanghai SMI Holding 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.
Shanghai SMI Holding Co Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shanghai SMI Holding Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shanghai SMI Holding Co's Interest Coverage falls into.
Shanghai SMI Holding 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.
Shanghai SMI Holding Co (SHSE:600649) has a Interest Coverage of 0.96 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanghai SMI Holding Co and its competitors. This is 40% below median its historical median of 1.59. Over the past decade, Shanghai SMI Holding Co's Interest Coverage has ranged from 0.37 to 18.96. According to the industry distribution chart, Shanghai SMI Holding Co ranks #1040 out of 1303 companies in the Real Estate industry, placing it in the top 79.8%.
Is Shanghai SMI Holding Co's Interest Coverage too high?
Shanghai SMI Holding Co's current Interest Coverage of 0.96 is 40% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 18.96. The Real Estate industry median Interest Coverage is 4.18. Shanghai SMI Holding Co's value of 0.96 is 77% below this industry median. Based on the distribution chart, Shanghai SMI Holding Co ranks #1040 out of 1303 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Shanghai SMI Holding Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai SMI Holding Co's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Shanghai SMI Holding Co ranks #1040 out of 1303 companies for Interest Coverage. This places Shanghai SMI Holding Co in the lower half of its industry. The industry median Interest Coverage is 4.18. Shanghai SMI Holding Co's value of 0.96 is 77% below this benchmark. Historically, Shanghai SMI Holding Co's own Interest Coverage has ranged from 0.37 to 18.96 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 4.18, Shanghai SMI Holding 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 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. Shanghai SMI Holding Co's current Interest Coverage of 0.96 is 77% 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 Shanghai SMI Holding Co 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. Shanghai SMI Holding Co's current Interest Coverage is 0.96, which is 40% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai SMI Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai SMI Holding Co (SHSE:600649) is currently considered Possible Value Trap. The stock's GF Value™ is ¥7.28, compared to a current price of ¥3.69 — trading 49.3% below its estimated fair value. The current Interest Coverage is 0.96, which is 40% below median its 10-year median of 1.59 and 77% below the Real Estate industry median of 4.18. Shanghai SMI Holding Co's overall GF Score™ is 56/100 with 6 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 Shanghai SMI Holding Co (SHSE:600649), the current Interest Coverage is 0.96 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 Shanghai SMI Holding Co (SHSE:600649) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai SMI Holding Co stock appears to be undervalued.
The current stock price of ¥3.69 is trading 49.3% below its estimated GF Value™ of ¥7.28.
GuruFocus considers Shanghai SMI Holding Co to be Possible Value Trap.
Key valuation signals for SHSE:600649:
Interest Coverage: 0.96 (40% below median its 10-year median of 1.59)
GF Value™: ¥7.28 vs. price of ¥3.69 (49.3% below fair value)
Industry Position: 77% below the Real Estate median (#1040 of 1303)
No single metric tells the full story. See the SHSE:600649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai SMI Holding Co Ltd is a real estate company. The company is a provider of comprehensive real estate, environmental and venture capital services with impressive core competence in China. Its real estate business includes the development of land, the construction of housing and commercial housing such as office parks, office building, and others. The company's investment business mainly includes direct equity investment such as invests in the listed companies and private equity investment fund management includes PE and urban development funds.
56GF Score
Get the complete analysis for SHSE:600649
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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