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Changshu Fengfan Power Equipment Co (SHSE:601700) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Changshu Fengfan Power Equipment Co Interest Coverage?

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. Changshu Fengfan Power Equipment Co's Operating Income for the three months ended in Mar. 2025 was ¥-48 Mil. Changshu Fengfan Power Equipment Co's Interest Expense for the three months ended in Mar. 2025 was ¥-25 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Changshu Fengfan Power Equipment Co's Interest Coverage or its related term are showing as below:


SHSE:601700's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.66
* Ranked among companies with meaningful Interest Coverage only.

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


Changshu Fengfan Power Equipment Co Interest Coverage Historical Data

The historical data trend for Changshu Fengfan Power Equipment 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.

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Changshu Fengfan Power Equipment Co Interest Coverage Chart

Changshu Fengfan Power Equipment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 3.26 1.45 2.28 -

Changshu Fengfan Power Equipment Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.49 2.52 0.75 - -

Competitive Comparison of Changshu Fengfan Power Equipment Co's Interest Coverage

For the Metal Fabrication subindustry, Changshu Fengfan Power Equipment 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.


Changshu Fengfan Power Equipment Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changshu Fengfan Power Equipment Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Changshu Fengfan Power Equipment Co's Interest Coverage falls into.


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Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment Co's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Changshu Fengfan Power Equipment Co's Interest Expense was ¥-89 Mil. Its Operating Income was ¥-178 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥567 Mil.

Changshu Fengfan Power Equipment Co did not have earnings to cover the interest expense.

Changshu Fengfan Power Equipment Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Changshu Fengfan Power Equipment Co's Interest Expense was ¥-25 Mil. Its Operating Income was ¥-48 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥582 Mil.

Changshu Fengfan Power Equipment Co did not have earnings to cover the 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.

The higher the ratio, the stronger the company's Financial Strength is.


Changshu Fengfan Power Equipment Co  (SHSE:601700) 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 .


Changshu Fengfan Power Equipment Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Changshu Fengfan Power Equipment Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Changshu Fengfan Power Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Number 8, South Renmin Road, West Industrial Park, Shanghu, Changshu, CHN, 215554
Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.
Executives
Zhao Jin Yuan Supervisors
Zhao Yue Hua senior management
Chen Liang Dong senior management
Fan Xu Xing Supervisors
Zhu Qun Fen Supervisors
Yang Li senior management
Fan Jian Gang Director
Gu Xiao Lei Supervisors
Sang Qin Hua Director
Xie Zuo Peng senior management
Zhao Yu Min Director

Changshu Fengfan Power Equipment Co Headlines

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