Shanghai Material Trading Co (SHSE:600822) Interest Coverage: 2.48 (As of Mar. 2026) — 19% Below Median


SHSE:600822 Shanghai Material Trading Co Ltd SHSE:600822
55 GF Score
Price ¥8.01
GF Value ¥5.89
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Shanghai Material Trading Co Interest Coverage?

Shanghai Material Trading Co SHSE:600822 -0.25% 55 Interest Coverage is 2.48 as of Mar. 2026, which is 19% below its 10-year median of 3.08. GuruFocus rates SHSE:600822 with a GF Score™ of 55/100 and a GF Value™ of ¥5.89 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 427 Conglomerates companies, Shanghai Material Trading Co ranks worse than 234191.8% 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 Material Trading Co's Operating Income for the three months ended in Mar. 2026 was ¥1 Mil. Shanghai Material Trading Co's Interest Expense for the three months ended in Mar. 2026 was ¥-0 Mil. Shanghai Material Trading Co's interest coverage for the quarter that ended in Mar. 2026 was 2.48. The higher the ratio, the stronger the company's financial strength is.

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


SHSE:600822's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.29
* 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.


Shanghai Material Trading Co  (SHSE:600822) 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 Material Trading Co Interest Coverage Related Terms


Shanghai Material Trading Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shanghai Material Trading 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 Material Trading Co Interest Coverage Chart

Shanghai Material Trading 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 2.56 0.00 3.60 0.05 0.00

Shanghai Material Trading 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 0.00 0.00 0.00 0.81 2.48

SHSE:600822 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Shanghai Material Trading 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 Material Trading Co Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai Material Trading Co's Interest Coverage falls into.


SHSE:600822
55GF Score
Shanghai Material Trading Co Ltd SHSE:600822
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Material Trading 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.

Shanghai Material Trading 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, Shanghai Material Trading Co's Interest Expense was ¥-6 Mil. Its Operating Income was ¥-5 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥21 Mil.

Shanghai Material Trading Co did not have earnings to cover the interest expense.

Shanghai Material Trading Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shanghai Material Trading Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥1 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥24 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.05/-0.424
=2.48

* 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 2.48 mean?
Shanghai Material Trading Co (SHSE:600822) has a Interest Coverage of 2.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanghai Material Trading Co and its competitors. This is 19% below median its historical median of 3.08. According to the industry distribution chart, Shanghai Material Trading Co ranks #999999 out of 427 companies in the Conglomerates industry.
Is Shanghai Material Trading Co's Interest Coverage too high?
Shanghai Material Trading Co's current Interest Coverage of 2.48 is 19% below median its 10-year median of 3.08. The Conglomerates industry median Interest Coverage is 5.29. Shanghai Material Trading Co's value of 2.48 is 53.1% below this industry median. Based on the distribution chart, Shanghai Material Trading Co ranks #999999 out of 427 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Shanghai Material Trading Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Material Trading Co ranks #999999 out of 427 companies for Interest Coverage. This places Shanghai Material Trading Co in the lower half of its industry. The industry median Interest Coverage is 5.29. Shanghai Material Trading Co's value of 2.48 is 53.1% below this benchmark. While the company's 10-year median is 3.08 vs. the industry median of 5.29, Shanghai Material Trading 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.29, based on 427 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 Material Trading Co's current Interest Coverage of 2.48 is 53.1% 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 Material Trading Co and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current Interest Coverage is 2.48, which is 19% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.89, compared to a current price of ¥8.01 — trading 36% above its estimated fair value. The current Interest Coverage is 2.48, which is 19% below median its 10-year median of 3.08 and 53.1% below the Conglomerates industry median of 5.29. Shanghai Material Trading Co's overall GF Score™ is 55/100 with 1 warning sign 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 Material Trading Co (SHSE:600822), the current Interest Coverage is 2.48 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 Material Trading Co (SHSE:600822) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued. The current stock price of ¥8.01 is trading 36% above its estimated GF Value™ of ¥5.89. GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.

Key valuation signals for SHSE:600822:

  • Interest Coverage: 2.48 (19% below median its 10-year median of 3.08)
  • GF Value™: ¥5.89 vs. price of ¥8.01 (36% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 53.1% below the Conglomerates median (#999999 of 427)

No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Material Trading Co Business Description

Other Exchanges 900927:China
Address No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
55GF Score

Get the complete analysis for SHSE:600822

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

¥8.01
Price
¥5.89
GF Value