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Hainan Mining CoSHSE:601969 -1.53%82 Interest Coverage is 11.19 as of Jun. 2026, which is 49% above its 10-year median of 7.51. GuruFocus rates SHSE:601969 with a GF Score™ of 82/100 and a GF Value™ of ¥8.86 (Fairly Valued). The stock has 6 warning signs investors should review. Among 462 Steel companies, Hainan Mining Co ranks better than 56.49% 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. Hainan Mining Co's
Operating Income
for the
three
months ended in Jun. 2026 was ¥446 Mil. Hainan Mining Co's Interest Expense for the
three
months ended in Jun. 2026 was ¥-40 Mil.
Hainan Mining Co's interest coverage for the quarter that ended in Jun. 2026 was 11.19.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Hainan Mining Co's Interest Coverage or its related term are showing as below:
SHSE:601969'
s Interest Coverage Range Over the Past 10 Years
Min: 1.52 Med: 7.51 Max: 14.38
Current: 6.56
SHSE:601969's Interest Coverage is ranked better than 56.49% of 462
companies
in the Steel industry
Industry Median: 4.865
vs SHSE:601969: 6.56
Hainan Mining Co (SHSE:601969) 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 .
Hainan Mining Co Interest Coverage Related Terms
Hainan Mining Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hainan Mining 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.
SHSE:601969 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Hainan Mining 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.
Hainan Mining Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Hainan Mining Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hainan Mining Co's Interest Coverage falls into.
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:
* 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.
Hainan Mining Co (SHSE:601969) has a Interest Coverage of 11.19 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hainan Mining Co and its competitors. This is 49% above median its historical median of 7.51. Over the past decade, Hainan Mining Co's Interest Coverage has ranged from 1.52 to 14.38. According to the industry distribution chart, Hainan Mining Co ranks #201 out of 462 companies in the Steel industry, placing it in the top 43.5%.
Is Hainan Mining Co's Interest Coverage too high?
Hainan Mining Co's current Interest Coverage of 11.19 is 49% above median its 10-year median of 7.51. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 14.38. The Steel industry median Interest Coverage is 4.87. Hainan Mining Co's value of 11.19 is 130% above this industry median. Based on the distribution chart, Hainan Mining Co ranks #201 out of 462 companies in the Steel industry, which is above the industry midpoint. Overall, Hainan Mining Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #201 out of 462 companies for Interest Coverage. This puts Hainan Mining Co in the upper half of its industry. The industry median Interest Coverage is 4.87. Hainan Mining Co's value of 11.19 is 130% above this benchmark. Historically, Hainan Mining Co's own Interest Coverage has ranged from 1.52 to 14.38 over the past decade. While the company's 10-year median is 7.51 vs. the industry median of 4.87, Hainan Mining 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 Steel company?
The median Interest Coverage among Steel companies is 4.87, based on 462 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. Hainan Mining Co's current Interest Coverage of 11.19 is 130% 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 Hainan Mining Co and its competitors. For the Steel industry, the median Interest Coverage is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current Interest Coverage is 11.19, which is 49% above median its own 10-year median of 7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.86, compared to a current price of ¥9.64 — trading 8.8% above its estimated fair value. The current Interest Coverage is 11.19, which is 49% above median its 10-year median of 7.51 and 130% above the Steel industry median of 4.87. Hainan Mining Co's overall GF Score™ is 82/100 with 6 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 Hainan Mining Co (SHSE:601969), the current Interest Coverage is 11.19 as of Jun. 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 Hainan Mining Co (SHSE:601969) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Mining Co stock appears to be overvalued.
The current stock price of ¥9.64 is trading 8.8% above its estimated GF Value™ of ¥8.86.
GuruFocus considers Hainan Mining Co to be Fairly Valued.
Key valuation signals for SHSE:601969:
Interest Coverage: 11.19 (49% above median its 10-year median of 7.51)
GF Value™: ¥8.86 vs. price of ¥9.64 (8.8% above fair value)
Industry Position: 130% above the Steel median (#201 of 462)
No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
82GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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