Ningbo Boway Alloy Material Co (SHSE:601137) Interest Coverage: 0.86 (As of Mar. 2026) — 89% Below Median

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SHSE:601137 Ningbo Boway Alloy Material Co Ltd SHSE:601137
83 GF Score
Price ¥17.17
GF Value ¥19.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ningbo Boway Alloy Material Co Interest Coverage?

Ningbo Boway Alloy Material Co SHSE:601137 -7.69% 83 Interest Coverage is 0.86 as of Mar. 2026, which is 89% below its 10-year median of 7.97. GuruFocus rates SHSE:601137 with a GF Score™ of 83/100 and a GF Value™ of ¥19.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,319 Metals & Mining companies, Ningbo Boway Alloy Material Co ranks worse than 92.65% 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 Boway Alloy Material Co's Operating Income for the three months ended in Mar. 2026 was ¥103 Mil. Ningbo Boway Alloy Material Co's Interest Expense for the three months ended in Mar. 2026 was ¥-120 Mil. Ningbo Boway Alloy Material Co's interest coverage for the quarter that ended in Mar. 2026 was 0.86. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:601137' s Interest Coverage Range Over the Past 10 Years
Min: 3.37   Med: 7.97   Max: 12.48
Current: 3.37


SHSE:601137's Interest Coverage is ranked worse than
92.65% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs SHSE:601137: 3.37

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


Ningbo Boway Alloy Material Co  (SHSE:601137) 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 Boway Alloy Material Co Interest Coverage Related Terms


Ningbo Boway Alloy Material Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material Co Interest Coverage Chart

Ningbo Boway Alloy Material 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 4.49 5.97 12.48 11.38 7.04

Ningbo Boway Alloy Material 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 9.48 7.38 N/A 2.09 0.86

SHSE:601137 vs SCCO, FCX: Interest Coverage Comparison

For the Copper subindustry, Ningbo Boway Alloy Material 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 Boway Alloy Material Co Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Boway Alloy Material Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ningbo Boway Alloy Material Co's Interest Coverage falls into.


SHSE:601137
83GF Score
Ningbo Boway Alloy Material Co Ltd SHSE:601137
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material 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, Ningbo Boway Alloy Material Co's Interest Expense was ¥-206 Mil. Its Operating Income was ¥1,448 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,767 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1448.332/-205.68
=7.04

Ningbo Boway Alloy Material Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ningbo Boway Alloy Material Co's Interest Expense was ¥-120 Mil. Its Operating Income was ¥103 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,138 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*102.682/-119.723
=0.86

* 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 0.86 mean?
Ningbo Boway Alloy Material Co (SHSE:601137) has a Interest Coverage of 0.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Boway Alloy Material Co and its competitors. This is 89% below median its historical median of 7.97. Over the past decade, Ningbo Boway Alloy Material Co's Interest Coverage has ranged from 3.37 to 12.48. According to the industry distribution chart, Ningbo Boway Alloy Material Co ranks #1222 out of 1319 companies in the Metals & Mining industry, placing it in the top 92.6%.
Is Ningbo Boway Alloy Material Co's Interest Coverage too high?
Ningbo Boway Alloy Material Co's current Interest Coverage of 0.86 is 89% below median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 12.48. The Metals & Mining industry median Interest Coverage is 10,000.00. Ningbo Boway Alloy Material Co's value of 0.86 is 100% below this industry median. Based on the distribution chart, Ningbo Boway Alloy Material Co ranks #1222 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ningbo Boway Alloy Material Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Boway Alloy Material Co's Interest Coverage compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Boway Alloy Material Co ranks #1222 out of 1319 companies for Interest Coverage. This places Ningbo Boway Alloy Material Co in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Ningbo Boway Alloy Material Co's value of 0.86 is 100% below this benchmark. Historically, Ningbo Boway Alloy Material Co's own Interest Coverage has ranged from 3.37 to 12.48 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 10,000.00, Ningbo Boway Alloy Material 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 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 Boway Alloy Material Co's current Interest Coverage of 0.86 is 100% 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 Boway Alloy Material Co and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Boway Alloy Material Co's current Interest Coverage is 0.86, which is 89% below median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Boway Alloy Material Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co (SHSE:601137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.08, compared to a current price of ¥17.17 — trading 10% below its estimated fair value. The current Interest Coverage is 0.86, which is 89% below median its 10-year median of 7.97 and 100% below the Metals & Mining industry median of 10,000.00. Ningbo Boway Alloy Material Co's overall GF Score™ is 83/100 with 7 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 Boway Alloy Material Co (SHSE:601137), the current Interest Coverage is 0.86 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.

Is Ningbo Boway Alloy Material Co (SHSE:601137) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co stock appears to be undervalued. The current stock price of ¥17.17 is trading 10% below its estimated GF Value™ of ¥19.08. GuruFocus considers Ningbo Boway Alloy Material Co to be Modestly Undervalued.

Key valuation signals for SHSE:601137:

  • Interest Coverage: 0.86 (89% below median its 10-year median of 7.97)
  • GF Value™: ¥19.08 vs. price of ¥17.17 (10% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 100% below the Metals & Mining median (#1222 of 1319)

No single metric tells the full story. See the SHSE:601137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Boway Alloy Material Co Business Description

Address Taiping Bridge, Yunlong Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315135
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.
83GF Score

Get the complete analysis for SHSE:601137

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

¥17.17
Price
¥19.08
GF Value