Shandong Hiking International Co (SHSE:600735) Interest Coverage: 34.01 (As of Mar. 2026) — 29% Above Median


SHSE:600735 Shandong Hiking International Co Ltd SHSE:600735
61 GF Score
Price ¥6.29
GF Value ¥3.85
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shandong Hiking International Co Interest Coverage?

Shandong Hiking International Co SHSE:600735 -0.47% 61 Interest Coverage is 34.01 as of Mar. 2026, which is 29% above its 10-year median of 26.30. GuruFocus rates SHSE:600735 with a GF Score™ of 61/100 and a GF Value™ of ¥3.85 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 132 Industrial Distribution companies, Shandong Hiking International Co ranks better than 75% 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. Shandong Hiking International Co's Operating Income for the three months ended in Mar. 2026 was ¥25 Mil. Shandong Hiking International Co's Interest Expense for the three months ended in Mar. 2026 was ¥-1 Mil. Shandong Hiking International Co's interest coverage for the quarter that ended in Mar. 2026 was 34.01. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:600735' s Interest Coverage Range Over the Past 10 Years
Min: 11.79   Med: 26.3   Max: 141.85
Current: 23.13


SHSE:600735's Interest Coverage is ranked better than
75% of 132 companies
in the Industrial Distribution industry
Industry Median: 6.84 vs SHSE:600735: 23.13

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


Shandong Hiking International Co  (SHSE:600735) 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 .


Shandong Hiking International Co Interest Coverage Related Terms


Shandong Hiking International Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shandong Hiking International 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.

Shandong Hiking International Co Interest Coverage Chart

Shandong Hiking International 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 17.55 11.79 15.86 13.07 18.58

Shandong Hiking International 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 10.10 12.19 38.41 26.60 34.01

SHSE:600735 vs GWW, FAST, FERG: Interest Coverage Comparison

For the Industrial Distribution subindustry, Shandong Hiking International 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.


Shandong Hiking International Co Interest Coverage vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shandong Hiking International Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shandong Hiking International Co's Interest Coverage falls into.


SHSE:600735
61GF Score
Shandong Hiking International Co Ltd SHSE:600735
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Hiking International 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.

Shandong Hiking International 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, Shandong Hiking International Co's Interest Expense was ¥-7 Mil. Its Operating Income was ¥127 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥11 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*126.756/-6.824
=18.58

Shandong Hiking International Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shandong Hiking International Co's Interest Expense was ¥-1 Mil. Its Operating Income was ¥25 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥12 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*24.828/-0.73
=34.01

* 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 34.01 mean?
Shandong Hiking International Co (SHSE:600735) has a Interest Coverage of 34.01 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shandong Hiking International Co and its competitors. This is 29% above median its historical median of 26.30. Over the past decade, Shandong Hiking International Co's Interest Coverage has ranged from 11.79 to 141.85. According to the industry distribution chart, Shandong Hiking International Co ranks #33 out of 132 companies in the Industrial Distribution industry, placing it in the top 25%.
Is Shandong Hiking International Co's Interest Coverage too high?
Shandong Hiking International Co's current Interest Coverage of 34.01 is 29% above median its 10-year median of 26.30. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 141.85. The Industrial Distribution industry median Interest Coverage is 6.84. Shandong Hiking International Co's value of 34.01 is 397.2% above this industry median. Based on the distribution chart, Shandong Hiking International Co ranks #33 out of 132 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Hiking International Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hiking International Co's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Shandong Hiking International Co ranks #33 out of 132 companies for Interest Coverage. This places Shandong Hiking International Co in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.84. Shandong Hiking International Co's value of 34.01 is 397.2% above this benchmark. Historically, Shandong Hiking International Co's own Interest Coverage has ranged from 11.79 to 141.85 over the past decade. While the company's 10-year median is 26.30 vs. the industry median of 6.84, Shandong Hiking International 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 an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.84, based on 132 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. Shandong Hiking International Co's current Interest Coverage of 34.01 is 397.2% 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 Shandong Hiking International Co and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hiking International Co's current Interest Coverage is 34.01, which is 29% above median its own 10-year median of 26.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hiking International Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hiking International Co (SHSE:600735) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.85, compared to a current price of ¥6.29 — trading 63.4% above its estimated fair value. The current Interest Coverage is 34.01, which is 29% above median its 10-year median of 26.30 and 397.2% above the Industrial Distribution industry median of 6.84. Shandong Hiking International Co's overall GF Score™ is 61/100 with 2 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 Shandong Hiking International Co (SHSE:600735), the current Interest Coverage is 34.01 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 Shandong Hiking International Co (SHSE:600735) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hiking International Co stock appears to be overvalued. The current stock price of ¥6.29 is trading 63.4% above its estimated GF Value™ of ¥3.85. GuruFocus considers Shandong Hiking International Co to be Significantly Overvalued.

Key valuation signals for SHSE:600735:

  • Interest Coverage: 34.01 (29% above median its 10-year median of 26.30)
  • GF Value™: ¥3.85 vs. price of ¥6.29 (63.4% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 397.2% above the Industrial Distribution median (#33 of 132)

No single metric tells the full story. See the SHSE:600735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hiking International Co Business Description

Address No. 131, Songling Road, 17th Floor, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Shandong Hiking International Co Ltd is engaged in the international trade of textile products, aquatic products, and non-ferrous metal products.
61GF Score

Get the complete analysis for SHSE:600735

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

¥6.29
Price
¥3.85
GF Value