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Zhejiang Zhenshi New Materials CoSHSE:601112 -2.00%11 Interest Coverage is 10.86 as of Mar. 2026, which is 288% above its 10-year median of 2.80. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,321 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks worse than 75.61% 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. Zhejiang Zhenshi New Materials Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥232 Mil. Zhejiang Zhenshi New Materials Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-21 Mil.
Zhejiang Zhenshi New Materials Co's interest coverage for the quarter that ended in Mar. 2026 was 10.86.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Zhejiang Zhenshi New Materials Co's Interest Coverage or its related term are showing as below:
SHSE:601112'
s Interest Coverage Range Over the Past 10 Years
Min: 2.06 Med: 2.8 Max: 9.12
Current: 4.5
SHSE:601112's Interest Coverage is ranked worse than 75.61% of 2321
companies
in the Industrial Products industry
Industry Median: 14.75
vs SHSE:601112: 4.50
Zhejiang Zhenshi New Materials Co (SHSE:601112) 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 .
Zhejiang Zhenshi New Materials Co Interest Coverage Related Terms
Zhejiang Zhenshi New Materials Co Interest Coverage Historical Data
* 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.
Zhejiang Zhenshi New Materials Co Interest Coverage Chart
SHSE:601112 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Zhejiang Zhenshi New Materials Co's Interest Coverage falls into.
Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Interest Coverage of 10.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang Zhenshi New Materials Co and its competitors. This is 288% above median its historical median of 2.80. Over the past decade, Zhejiang Zhenshi New Materials Co's Interest Coverage has ranged from 2.06 to 9.12. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1755 out of 2321 companies in the Industrial Products industry, placing it in the top 75.6%.
Is Zhejiang Zhenshi New Materials Co's Interest Coverage too high?
Zhejiang Zhenshi New Materials Co's current Interest Coverage of 10.86 is 288% above median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 9.12. The Industrial Products industry median Interest Coverage is 14.75. Zhejiang Zhenshi New Materials Co's value of 10.86 is 26.4% below this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #1755 out of 2321 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1755 out of 2321 companies for Interest Coverage. This places Zhejiang Zhenshi New Materials Co in the lower half of its industry. The industry median Interest Coverage is 14.75. Zhejiang Zhenshi New Materials Co's value of 10.86 is 26.4% below this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own Interest Coverage has ranged from 2.06 to 9.12 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 14.75, Zhejiang Zhenshi New Materials 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.75, based on 2,321 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. Zhejiang Zhenshi New Materials Co's current Interest Coverage of 10.86 is 26.4% 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 Zhejiang Zhenshi New Materials Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zhenshi New Materials Co's current Interest Coverage is 10.86, which is 288% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Interest Coverage of 10.86. The current Interest Coverage is 10.86, which is 288% above median its 10-year median of 2.80 and 26.4% below the Industrial Products industry median of 14.75. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Interest Coverage is 10.86 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.
Zhejiang Zhenshi New Materials Co Business Description
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
11GF Score
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