Ningbo Jintian Copper Group Co (SHSE:601609) Interest Coverage: 3.20 (As of Mar. 2026) — Near 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:601609 Ningbo Jintian Copper Group Co Ltd SHSE:601609
80 GF Score
Price ¥9.62
GF Value ¥7.59
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ningbo Jintian Copper Group Co Interest Coverage?

Ningbo Jintian Copper Group Co SHSE:601609 -0.21% 80 Interest Coverage is 3.20 as of Mar. 2026, which is 0% below its 10-year median of 3.21. GuruFocus rates SHSE:601609 with a GF Score™ of 80/100 and a GF Value™ of ¥7.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,320 Metals & Mining companies, Ningbo Jintian Copper Group Co ranks worse than 93.11% 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 Jintian Copper Group Co's Operating Income for the three months ended in Mar. 2026 was ¥412 Mil. Ningbo Jintian Copper Group Co's Interest Expense for the three months ended in Mar. 2026 was ¥-129 Mil. Ningbo Jintian Copper Group Co's interest coverage for the quarter that ended in Mar. 2026 was 3.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ningbo Jintian Copper Group Co's Interest Coverage or its related term are showing as below:

SHSE:601609' s Interest Coverage Range Over the Past 10 Years
Min: 1.7   Med: 3.21   Max: 5.97
Current: 3.16


SHSE:601609's Interest Coverage is ranked worse than
93.11% of 1320 companies
in the Metals & Mining industry
Industry Median: No Debt vs SHSE:601609: 3.16

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 Jintian Copper Group Co  (SHSE:601609) 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 Jintian Copper Group Co Interest Coverage Related Terms


Ningbo Jintian Copper Group Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ningbo Jintian Copper 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.

Ningbo Jintian Copper Group Co Interest Coverage Chart

Ningbo Jintian Copper Group 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 4.53 1.97 2.53 2.45 3.13

Ningbo Jintian Copper Group 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 3.12 3.61 3.68 2.18 3.20

SHSE:601609 vs SCCO, FCX: Interest Coverage Comparison

For the Copper subindustry, Ningbo Jintian Copper 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 Jintian Copper Group Co Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Ningbo Jintian Copper Group Co's Interest Coverage falls into.


SHSE:601609
80GF Score
Ningbo Jintian Copper Group Co Ltd SHSE:601609
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Jintian Copper 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:

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 Jintian Copper Group 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 Jintian Copper Group Co's Interest Expense was ¥-463 Mil. Its Operating Income was ¥1,450 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥4,231 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1449.967/-462.532
=3.13

Ningbo Jintian Copper Group 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 Jintian Copper Group Co's Interest Expense was ¥-129 Mil. Its Operating Income was ¥412 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥3,795 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*412.405/-128.705
=3.20

* 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 3.20 mean?
Ningbo Jintian Copper Group Co (SHSE:601609) has a Interest Coverage of 3.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Jintian Copper Group Co and its competitors. This is near median its historical median of 3.21. Over the past decade, Ningbo Jintian Copper Group Co's Interest Coverage has ranged from 1.70 to 5.97. According to the industry distribution chart, Ningbo Jintian Copper Group Co ranks #1229 out of 1320 companies in the Metals & Mining industry, placing it in the top 93.1%.
Is Ningbo Jintian Copper Group Co's Interest Coverage too high?
Ningbo Jintian Copper Group Co's current Interest Coverage of 3.20 is near median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 5.97. The Metals & Mining industry median Interest Coverage is 10,000.00. Ningbo Jintian Copper Group Co's value of 3.20 is 100% below this industry median. Based on the distribution chart, Ningbo Jintian Copper Group Co ranks #1229 out of 1320 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ningbo Jintian Copper Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jintian Copper Group Co's Interest Coverage compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Jintian Copper Group Co ranks #1229 out of 1320 companies for Interest Coverage. This places Ningbo Jintian Copper Group Co in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Ningbo Jintian Copper Group Co's value of 3.20 is 100% below this benchmark. Historically, Ningbo Jintian Copper Group Co's own Interest Coverage has ranged from 1.70 to 5.97 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 10,000.00, Ningbo Jintian Copper 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 a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,320 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 Jintian Copper Group Co's current Interest Coverage of 3.20 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 Jintian Copper Group 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 Jintian Copper Group Co's current Interest Coverage is 3.20, which is near median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jintian Copper Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co (SHSE:601609) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.59, compared to a current price of ¥9.62 — trading 26.7% above its estimated fair value. The current Interest Coverage is 3.20, which is near median its 10-year median of 3.21 and 100% below the Metals & Mining industry median of 10,000.00. Ningbo Jintian Copper Group Co's overall GF Score™ is 80/100 with 5 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 Jintian Copper Group Co (SHSE:601609), the current Interest Coverage is 3.20 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 Jintian Copper Group Co (SHSE:601609) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co stock appears to be overvalued. The current stock price of ¥9.62 is trading 26.7% above its estimated GF Value™ of ¥7.59. GuruFocus considers Ningbo Jintian Copper Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:601609:

  • Interest Coverage: 3.20 (near median its 10-year median of 3.21)
  • GF Value™: ¥7.59 vs. price of ¥9.62 (26.7% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 100% below the Metals & Mining median (#1229 of 1320)

No single metric tells the full story. See the SHSE:601609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Jintian Copper Group Co Business Description

Address No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
80GF Score

Get the complete analysis for SHSE:601609

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

¥9.62
Price
¥7.59
GF Value