China National Chemical Engineering Co (SHSE:601117) Interest Coverage: 22.92 (As of Mar. 2026) — 15% Above Median

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SHSE:601117 China National Chemical Engineering Co Ltd SHSE:601117
89 GF Score
Price ¥7.57
GF Value ¥8.21
Valuation Fairly Valued
! 4 Warning Signs
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What is China National Chemical Engineering Co Interest Coverage?

China National Chemical Engineering Co SHSE:601117 -3.20% 89 Interest Coverage is 22.92 as of Mar. 2026, which is 15% above its 10-year median of 19.89. GuruFocus rates SHSE:601117 with a GF Score™ of 89/100 and a GF Value™ of ¥8.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,360 Construction companies, China National Chemical Engineering Co ranks better than 74.56% 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. China National Chemical Engineering Co's Operating Income for the three months ended in Mar. 2026 was ¥2,076 Mil. China National Chemical Engineering Co's Interest Expense for the three months ended in Mar. 2026 was ¥-91 Mil. China National Chemical Engineering Co's interest coverage for the quarter that ended in Mar. 2026 was 22.92. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for China National Chemical Engineering Co's Interest Coverage or its related term are showing as below:

SHSE:601117' s Interest Coverage Range Over the Past 10 Years
Min: 9.38   Med: 19.89   Max: 33.98
Current: 30.24


SHSE:601117's Interest Coverage is ranked better than
74.56% of 1360 companies
in the Construction industry
Industry Median: 7.97 vs SHSE:601117: 30.24

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


China National Chemical Engineering Co  (SHSE:601117) 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 .


China National Chemical Engineering Co Interest Coverage Related Terms


China National Chemical Engineering Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for China National Chemical Engineering 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.

China National Chemical Engineering Co Interest Coverage Chart

China National Chemical Engineering 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 25.55 23.72 21.00 24.41 33.98

China National Chemical Engineering 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 37.95 45.11 20.30 36.08 22.92

SHSE:601117 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, China National Chemical Engineering 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.


China National Chemical Engineering Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, China National Chemical Engineering Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China National Chemical Engineering Co's Interest Coverage falls into.


SHSE:601117
89GF Score
China National Chemical Engineering Co Ltd SHSE:601117
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China National Chemical Engineering 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.

China National Chemical Engineering 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, China National Chemical Engineering Co's Interest Expense was ¥-283 Mil. Its Operating Income was ¥9,623 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥9,255 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*9623.117/-283.213
=33.98

China National Chemical Engineering Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, China National Chemical Engineering Co's Interest Expense was ¥-91 Mil. Its Operating Income was ¥2,076 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥9,716 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2075.68/-90.567
=22.92

* 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 22.92 mean?
China National Chemical Engineering Co (SHSE:601117) has a Interest Coverage of 22.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on China National Chemical Engineering Co and its competitors. This is 15% above median its historical median of 19.89. Over the past decade, China National Chemical Engineering Co's Interest Coverage has ranged from 9.38 to 33.98. According to the industry distribution chart, China National Chemical Engineering Co ranks #346 out of 1360 companies in the Construction industry, placing it in the top 25.4%.
Is China National Chemical Engineering Co's Interest Coverage too high?
China National Chemical Engineering Co's current Interest Coverage of 22.92 is 15% above median its 10-year median of 19.89. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 33.98. The Construction industry median Interest Coverage is 7.97. China National Chemical Engineering Co's value of 22.92 is 187.6% above this industry median. Based on the distribution chart, China National Chemical Engineering Co ranks #346 out of 1360 companies in the Construction industry, which is above the industry midpoint. Overall, China National Chemical Engineering Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China National Chemical Engineering Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, China National Chemical Engineering Co ranks #346 out of 1360 companies for Interest Coverage. This puts China National Chemical Engineering Co in the upper half of its industry. The industry median Interest Coverage is 7.97. China National Chemical Engineering Co's value of 22.92 is 187.6% above this benchmark. Historically, China National Chemical Engineering Co's own Interest Coverage has ranged from 9.38 to 33.98 over the past decade. While the company's 10-year median is 19.89 vs. the industry median of 7.97, China National Chemical Engineering 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 a Construction company?
The median Interest Coverage among Construction companies is 7.97, based on 1,360 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. China National Chemical Engineering Co's current Interest Coverage of 22.92 is 187.6% 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 China National Chemical Engineering Co and its competitors. For the Construction industry, the median Interest Coverage is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Chemical Engineering Co's current Interest Coverage is 22.92, which is 15% above median its own 10-year median of 19.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Chemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China National Chemical Engineering Co (SHSE:601117) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.21, compared to a current price of ¥7.57 — trading 7.8% below its estimated fair value. The current Interest Coverage is 22.92, which is 15% above median its 10-year median of 19.89 and 187.6% above the Construction industry median of 7.97. China National Chemical Engineering Co's overall GF Score™ is 89/100 with 4 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 China National Chemical Engineering Co (SHSE:601117), the current Interest Coverage is 22.92 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 China National Chemical Engineering Co (SHSE:601117) Overvalued in 2026?

Based on GuruFocus' analysis, China National Chemical Engineering Co stock appears to be undervalued. The current stock price of ¥7.57 is trading 7.8% below its estimated GF Value™ of ¥8.21. GuruFocus considers China National Chemical Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:601117:

  • Interest Coverage: 22.92 (15% above median its 10-year median of 19.89)
  • GF Value™: ¥8.21 vs. price of ¥7.57 (7.8% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 187.6% above the Construction median (#346 of 1360)

No single metric tells the full story. See the SHSE:601117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Chemical Engineering Co Business Description

Address No. 2, Dongzhimennei Street, Dongcheng District, Beijing, CHN, 100007
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management, environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.
89GF Score

Get the complete analysis for SHSE:601117

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

¥7.57
Price
¥8.21
GF Value