Yueyang Forest & Paper Co (SHSE:600963) Interest Coverage: 1.29 (As of Mar. 2026) — 71% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600963 Yueyang Forest & Paper Co Ltd SHSE:600963
54 GF Score
Price ¥3.16
GF Value ¥5.10
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Yueyang Forest & Paper Co Interest Coverage?

Yueyang Forest & Paper Co SHSE:600963 -3.36% 54 Interest Coverage is 1.29 as of Mar. 2026, which is 71% below its 10-year median of 4.51. GuruFocus rates SHSE:600963 with a GF Score™ of 54/100 and a GF Value™ of ¥5.10 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 181 Forest Products companies, Yueyang Forest & Paper Co ranks worse than 70.72% 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. Yueyang Forest & Paper Co's Operating Income for the three months ended in Mar. 2026 was ¥55 Mil. Yueyang Forest & Paper Co's Interest Expense for the three months ended in Mar. 2026 was ¥-42 Mil. Yueyang Forest & Paper Co's interest coverage for the quarter that ended in Mar. 2026 was 1.29. 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. Yueyang Forest & Paper Co Ltd interest coverage is 1.86, which is low.

The historical rank and industry rank for Yueyang Forest & Paper Co's Interest Coverage or its related term are showing as below:

SHSE:600963' s Interest Coverage Range Over the Past 10 Years
Min: 0.85   Med: 4.51   Max: 9.53
Current: 1.86


SHSE:600963's Interest Coverage is ranked worse than
70.72% of 181 companies
in the Forest Products industry
Industry Median: 4.11 vs SHSE:600963: 1.86

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


Yueyang Forest & Paper Co  (SHSE:600963) 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 .


Yueyang Forest & Paper Co Interest Coverage Related Terms


Yueyang Forest & Paper Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Yueyang Forest & Paper 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.

Yueyang Forest & Paper Co Interest Coverage Chart

Yueyang Forest & Paper 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 3.07 5.43 3.57 3.95 2.11

Yueyang Forest & Paper 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 2.44 3.30 1.62 1.17 1.29

Yueyang Forest & Paper Co Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Yueyang Forest & Paper 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.


Yueyang Forest & Paper Co Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yueyang Forest & Paper Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yueyang Forest & Paper Co's Interest Coverage falls into.


SHSE:600963
54GF Score
Yueyang Forest & Paper Co Ltd SHSE:600963
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yueyang Forest & Paper 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.

Yueyang Forest & Paper 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, Yueyang Forest & Paper Co's Interest Expense was ¥-173 Mil. Its Operating Income was ¥364 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,855 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*363.936/-172.78
=2.11

Yueyang Forest & Paper Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Yueyang Forest & Paper Co's Interest Expense was ¥-42 Mil. Its Operating Income was ¥55 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,831 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*54.572/-42.173
=1.29

* 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 1.29 mean?
Yueyang Forest & Paper Co (SHSE:600963) has a Interest Coverage of 1.29 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Yueyang Forest & Paper Co and its competitors. This is 71% below median its historical median of 4.51. Over the past decade, Yueyang Forest & Paper Co's Interest Coverage has ranged from 0.85 to 9.53. According to the industry distribution chart, Yueyang Forest & Paper Co ranks #128 out of 181 companies in the Forest Products industry, placing it in the top 70.7%.
Is Yueyang Forest & Paper Co's Interest Coverage too high?
Yueyang Forest & Paper Co's current Interest Coverage of 1.29 is 71% below median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 9.53. The Forest Products industry median Interest Coverage is 4.11. Yueyang Forest & Paper Co's value of 1.29 is 68.6% below this industry median. Based on the distribution chart, Yueyang Forest & Paper Co ranks #128 out of 181 companies in the Forest Products industry, which is below the industry midpoint. Overall, Yueyang Forest & Paper Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yueyang Forest & Paper Co's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Yueyang Forest & Paper Co ranks #128 out of 181 companies for Interest Coverage. This places Yueyang Forest & Paper Co in the lower half of its industry. The industry median Interest Coverage is 4.11. Yueyang Forest & Paper Co's value of 1.29 is 68.6% below this benchmark. Historically, Yueyang Forest & Paper Co's own Interest Coverage has ranged from 0.85 to 9.53 over the past decade. While the company's 10-year median is 4.51 vs. the industry median of 4.11, Yueyang Forest & Paper 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.11, based on 181 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. Yueyang Forest & Paper Co's current Interest Coverage of 1.29 is 68.6% 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 Yueyang Forest & Paper Co and its competitors. For the Forest Products industry, the median Interest Coverage is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yueyang Forest & Paper Co's current Interest Coverage is 1.29, which is 71% below median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yueyang Forest & Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Yueyang Forest & Paper Co (SHSE:600963) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.10, compared to a current price of ¥3.16 — trading 38% below its estimated fair value. The current Interest Coverage is 1.29, which is 71% below median its 10-year median of 4.51 and 68.6% below the Forest Products industry median of 4.11. Yueyang Forest & Paper Co's overall GF Score™ is 54/100 with 8 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 Yueyang Forest & Paper Co (SHSE:600963), the current Interest Coverage is 1.29 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 Yueyang Forest & Paper Co (SHSE:600963) Overvalued in 2026?

Based on GuruFocus' analysis, Yueyang Forest & Paper Co stock appears to be undervalued. The current stock price of ¥3.16 is trading 38% below its estimated GF Value™ of ¥5.10. GuruFocus considers Yueyang Forest & Paper Co to be Possible Value Trap.

Key valuation signals for SHSE:600963:

  • Interest Coverage: 1.29 (71% below median its 10-year median of 4.51)
  • GF Value™: ¥5.10 vs. price of ¥3.16 (38% below fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 68.6% below the Forest Products median (#128 of 181)

No single metric tells the full story. See the SHSE:600963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yueyang Forest & Paper Co Business Description

Address Hongjiazhou, Chenglingji, Yueyang, Hunan, CHN, 414002
Yueyang Forest & Paper Co Ltd is a China-based cultural paper, industrial paper, packaging paper production enterprise. The company's products are offset printing paper, digital printing paper, copy paper, refined lightweight coated paper, lightweight coated paper, light offset paper, industrial base paper, refined kraft paper, stretch paper bag paper and others. The products are offered to publishers, magazines, large printing plants, paper products processing companies, paper products dealers and others. The company's product enjoys a high reputation in China and its products are exported to many countries and regions.
54GF Score

Get the complete analysis for SHSE:600963

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

¥3.16
Price
¥5.10
GF Value