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Ningbo Energy Group CoSHSE:600982 +2.65%52 Interest Coverage is 3.67 as of Mar. 2026, which is 25% above its 10-year median of 2.94. GuruFocus rates SHSE:600982 with a GF Score™ of 52/100 and a GF Value™ of ¥3.43 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 449 Utilities - Regulated companies, Ningbo Energy Group Co ranks worse than 66.59% 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. Ningbo Energy Group Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥125 Mil. Ningbo Energy Group Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-34 Mil.
Ningbo Energy Group Co's interest coverage for the quarter that ended in Mar. 2026 was 3.67.
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. Ningbo Energy Group Co Ltd interest coverage is 2.48, which is low.
The historical rank and industry rank for Ningbo Energy Group Co's Interest Coverage or its related term are showing as below:
SHSE:600982'
s Interest Coverage Range Over the Past 10 Years
Min: 1.28 Med: 2.94 Max: 5.28
Current: 2.48
SHSE:600982's Interest Coverage is ranked worse than 66.59% of 449
companies
in the Utilities - Regulated industry
Industry Median: 3.78
vs SHSE:600982: 2.48
Ningbo Energy Group Co (SHSE:600982) 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 .
Ningbo Energy Group Co Interest Coverage Related Terms
Ningbo Energy Group Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ningbo Energy Group 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.
SHSE:600982 vs NEE, SO, DUK: Interest Coverage Comparison
For the Utilities - Regulated Electric subindustry, Ningbo Energy Group 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.
Ningbo Energy Group Co Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ningbo Energy Group Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ningbo Energy Group Co's Interest Coverage falls into.
Ningbo Energy Group 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.
Ningbo Energy Group Co (SHSE:600982) has a Interest Coverage of 3.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Energy Group Co and its competitors. This is 25% above median its historical median of 2.94. Over the past decade, Ningbo Energy Group Co's Interest Coverage has ranged from 1.28 to 5.28. According to the industry distribution chart, Ningbo Energy Group Co ranks #299 out of 449 companies in the Utilities - Regulated industry, placing it in the top 66.6%.
Is Ningbo Energy Group Co's Interest Coverage too high?
Ningbo Energy Group Co's current Interest Coverage of 3.67 is 25% above median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 5.28. The Utilities - Regulated industry median Interest Coverage is 3.78. Ningbo Energy Group Co's value of 3.67 is 2.9% below this industry median. Based on the distribution chart, Ningbo Energy Group Co ranks #299 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ningbo Energy Group Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Energy Group Co's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ningbo Energy Group Co ranks #299 out of 449 companies for Interest Coverage. This places Ningbo Energy Group Co in the lower half of its industry. The industry median Interest Coverage is 3.78. Ningbo Energy Group Co's value of 3.67 is 2.9% below this benchmark. Historically, Ningbo Energy Group Co's own Interest Coverage has ranged from 1.28 to 5.28 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 3.78, Ningbo Energy Group 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Ningbo Energy Group Co's current Interest Coverage of 3.67 is 2.9% 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 Ningbo Energy Group Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Energy Group Co's current Interest Coverage is 3.67, which is 25% above median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Energy Group Co (SHSE:600982) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.43, compared to a current price of ¥4.64 — trading 35.3% above its estimated fair value. The current Interest Coverage is 3.67, which is 25% above median its 10-year median of 2.94 and 2.9% below the Utilities - Regulated industry median of 3.78. Ningbo Energy Group Co's overall GF Score™ is 52/100 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 Ningbo Energy Group Co (SHSE:600982), the current Interest Coverage is 3.67 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 Ningbo Energy Group Co (SHSE:600982) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Energy Group Co stock appears to be overvalued.
The current stock price of ¥4.64 is trading 35.3% above its estimated GF Value™ of ¥3.43.
GuruFocus considers Ningbo Energy Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600982:
Interest Coverage: 3.67 (25% above median its 10-year median of 2.94)
GF Value™: ¥3.43 vs. price of ¥4.64 (35.3% above fair value)
Industry Position: 2.9% below the Utilities - Regulated median (#299 of 449)
No single metric tells the full story. See the SHSE:600982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.
52GF Score
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