Shede Spirits Co (SHSE:600702) Interest Coverage: 24.60 (As of Mar. 2026) — 40% Below Median


SHSE:600702 Shede Spirits Co Ltd SHSE:600702
79 GF Score
Price ¥36.30
GF Value ¥50.45
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Shede Spirits Co Interest Coverage?

Shede Spirits Co SHSE:600702 -1.97% 79 Interest Coverage is 24.60 as of Mar. 2026, which is 40% below its 10-year median of 40.97. GuruFocus rates SHSE:600702 with a GF Score™ of 79/100 and a GF Value™ of ¥50.45 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 159 Beverages - Alcoholic companies, Shede Spirits Co ranks worse than 54.72% 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. Shede Spirits Co's Operating Income for the three months ended in Mar. 2026 was ¥316 Mil. Shede Spirits Co's Interest Expense for the three months ended in Mar. 2026 was ¥-13 Mil. Shede Spirits Co's interest coverage for the quarter that ended in Mar. 2026 was 24.60. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:600702' s Interest Coverage Range Over the Past 10 Years
Min: 7.94   Med: 40.97   Max: 756.12
Current: 7.94


SHSE:600702's Interest Coverage is ranked worse than
54.72% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 8.63 vs SHSE:600702: 7.94

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


Shede Spirits Co  (SHSE:600702) 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 .


Shede Spirits Co Interest Coverage Related Terms


Shede Spirits Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shede Spirits 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.

Shede Spirits Co Interest Coverage Chart

Shede Spirits 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 579.15 756.12 532.36 88.54 20.99

Shede Spirits 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 184.80 29.01 9.68 0.00 24.60

SHSE:600702 vs BF.B: Interest Coverage Comparison

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co Interest Coverage vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shede Spirits Co's Interest Coverage falls into.


SHSE:600702
79GF Score
Shede Spirits Co Ltd SHSE:600702
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Shede Spirits 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.

Shede Spirits 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, Shede Spirits Co's Interest Expense was ¥-18 Mil. Its Operating Income was ¥368 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥774 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*368.134/-17.536
=20.99

Shede Spirits Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shede Spirits Co's Interest Expense was ¥-13 Mil. Its Operating Income was ¥316 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥959 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*316.117/-12.848
=24.60

* 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 24.60 mean?
Shede Spirits Co (SHSE:600702) has a Interest Coverage of 24.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shede Spirits Co and its competitors. This is 40% below median its historical median of 40.97. Over the past decade, Shede Spirits Co's Interest Coverage has ranged from 7.94 to 756.12. According to the industry distribution chart, Shede Spirits Co ranks #87 out of 159 companies in the Beverages - Alcoholic industry, placing it in the top 54.7%.
Is Shede Spirits Co's Interest Coverage too high?
Shede Spirits Co's current Interest Coverage of 24.60 is 40% below median its 10-year median of 40.97. Over the past 10 years, this metric has ranged from a low of 7.94 to a high of 756.12. The Beverages - Alcoholic industry median Interest Coverage is 8.63. Shede Spirits Co's value of 24.60 is 185.1% above this industry median. Based on the distribution chart, Shede Spirits Co ranks #87 out of 159 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Shede Spirits Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Interest Coverage compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #87 out of 159 companies for Interest Coverage. This places Shede Spirits Co in the lower half of its industry. The industry median Interest Coverage is 8.63. Shede Spirits Co's value of 24.60 is 185.1% above this benchmark. Historically, Shede Spirits Co's own Interest Coverage has ranged from 7.94 to 756.12 over the past decade. While the company's 10-year median is 40.97 vs. the industry median of 8.63, Shede Spirits 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 Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.63, based on 159 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. Shede Spirits Co's current Interest Coverage of 24.60 is 185.1% 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 Shede Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current Interest Coverage is 24.60, which is 40% below median its own 10-year median of 40.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.45, compared to a current price of ¥36.30 — trading 28% below its estimated fair value. The current Interest Coverage is 24.60, which is 40% below median its 10-year median of 40.97 and 185.1% above the Beverages - Alcoholic industry median of 8.63. Shede Spirits Co's overall GF Score™ is 79/100 with 10 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 Shede Spirits Co (SHSE:600702), the current Interest Coverage is 24.60 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥36.30 is trading 28% below its estimated GF Value™ of ¥50.45. GuruFocus considers Shede Spirits Co to be Modestly Undervalued.

Key valuation signals for SHSE:600702:

  • Interest Coverage: 24.60 (40% below median its 10-year median of 40.97)
  • GF Value™: ¥50.45 vs. price of ¥36.30 (28% below fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 185.1% above the Beverages - Alcoholic median (#87 of 159)

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
79GF Score

Get the complete analysis for SHSE:600702

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

¥36.30
Price
¥50.45
GF Value