Ningbo Tuopu Group Co (SHSE:601689) Interest Coverage: 23.40 (As of Mar. 2026) — Near Median

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SHSE:601689 Ningbo Tuopu Group Co Ltd SHSE:601689
90 GF Score
Price ¥45.62
GF Value ¥68.17
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ningbo Tuopu Group Co Interest Coverage?

Ningbo Tuopu Group Co SHSE:601689 -5.29% 90 Interest Coverage is 23.40 as of Mar. 2026, which is 8% below its 10-year median of 25.57. GuruFocus rates SHSE:601689 with a GF Score™ of 90/100 and a GF Value™ of ¥68.17 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,068 Vehicles & Parts companies, Ningbo Tuopu Group Co ranks better than 71.54% 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 Tuopu Group Co's Operating Income for the three months ended in Mar. 2026 was ¥714 Mil. Ningbo Tuopu Group Co's Interest Expense for the three months ended in Mar. 2026 was ¥-31 Mil. Ningbo Tuopu Group Co's interest coverage for the quarter that ended in Mar. 2026 was 23.40. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:601689' s Interest Coverage Range Over the Past 10 Years
Min: 12.36   Med: 25.57   Max: 240.09
Current: 23.96


SHSE:601689's Interest Coverage is ranked better than
71.54% of 1068 companies
in the Vehicles & Parts industry
Industry Median: 8.385 vs SHSE:601689: 23.96

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 Tuopu Group Co  (SHSE:601689) 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 Tuopu Group Co Interest Coverage Related Terms


Ningbo Tuopu Group Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ningbo Tuopu 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 Tuopu Group Co Interest Coverage Chart

Ningbo Tuopu 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 58.15 15.04 12.36 15.29 20.80

Ningbo Tuopu 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 12.98 20.65 23.75 28.17 23.40

SHSE:601689 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Ningbo Tuopu 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 Tuopu Group Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Tuopu Group Co's Interest Coverage distribution charts can be found below:

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


SHSE:601689
90GF Score
Ningbo Tuopu Group Co Ltd SHSE:601689
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Tuopu 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 Tuopu 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 Tuopu Group Co's Interest Expense was ¥-160 Mil. Its Operating Income was ¥3,325 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥668 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3324.549/-159.85
=20.80

Ningbo Tuopu 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 Tuopu Group Co's Interest Expense was ¥-31 Mil. Its Operating Income was ¥714 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥613 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*714.326/-30.525
=23.40

* 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 23.40 mean?
Ningbo Tuopu Group Co (SHSE:601689) has a Interest Coverage of 23.40 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Tuopu Group Co and its competitors. This is near median its historical median of 25.57. Over the past decade, Ningbo Tuopu Group Co's Interest Coverage has ranged from 12.36 to 240.09. According to the industry distribution chart, Ningbo Tuopu Group Co ranks #304 out of 1068 companies in the Vehicles & Parts industry, placing it in the top 28.5%.
Is Ningbo Tuopu Group Co's Interest Coverage too high?
Ningbo Tuopu Group Co's current Interest Coverage of 23.40 is near median its 10-year median of 25.57. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 240.09. The Vehicles & Parts industry median Interest Coverage is 8.39. Ningbo Tuopu Group Co's value of 23.40 is 179.1% above this industry median. Based on the distribution chart, Ningbo Tuopu Group Co ranks #304 out of 1068 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ningbo Tuopu Group Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Tuopu Group Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Tuopu Group Co ranks #304 out of 1068 companies for Interest Coverage. This puts Ningbo Tuopu Group Co in the upper half of its industry. The industry median Interest Coverage is 8.39. Ningbo Tuopu Group Co's value of 23.40 is 179.1% above this benchmark. Historically, Ningbo Tuopu Group Co's own Interest Coverage has ranged from 12.36 to 240.09 over the past decade. While the company's 10-year median is 25.57 vs. the industry median of 8.39, Ningbo Tuopu Group 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.39, based on 1,068 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 Tuopu Group Co's current Interest Coverage of 23.40 is 179.1% 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 Ningbo Tuopu Group Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Tuopu Group Co's current Interest Coverage is 23.40, which is near median its own 10-year median of 25.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Tuopu Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Tuopu Group Co (SHSE:601689) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥68.17, compared to a current price of ¥45.62 — trading 33.1% below its estimated fair value. The current Interest Coverage is 23.40, which is near median its 10-year median of 25.57 and 179.1% above the Vehicles & Parts industry median of 8.39. Ningbo Tuopu Group Co's overall GF Score™ is 90/100 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 Ningbo Tuopu Group Co (SHSE:601689), the current Interest Coverage is 23.40 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 Tuopu Group Co (SHSE:601689) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Tuopu Group Co stock appears to be undervalued. The current stock price of ¥45.62 is trading 33.1% below its estimated GF Value™ of ¥68.17. GuruFocus considers Ningbo Tuopu Group Co to be Significantly Undervalued.

Key valuation signals for SHSE:601689:

  • Interest Coverage: 23.40 (near median its 10-year median of 25.57)
  • GF Value™: ¥68.17 vs. price of ¥45.62 (33.1% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 179.1% above the Vehicles & Parts median (#304 of 1068)

No single metric tells the full story. See the SHSE:601689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Tuopu Group Co Business Description

Address No. 268, Yuwangshan Road, Daqi Street, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Tuopu Group Co Ltd is a China-based company that engages in the manufacturing and sale of automotive components for international and domestic automobile manufacturers. Its product lines include automobile NVH vibration control parts, acoustic systems, lightweight power chassis systems, intelligent driving systems, and thermal management systems. The company generates the majority of its revenue from the domestic market.
90GF Score

Get the complete analysis for SHSE:601689

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

¥45.62
Price
¥68.17
GF Value