Nantong Haixing Electronics Co (SHSE:603115) Interest Coverage: 28.52 (As of Mar. 2026) — 75% Below Median

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SHSE:603115 Nantong Haixing Electronics Co Ltd SHSE:603115
75 GF Score
Price ¥69.90
GF Value ¥20.09
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nantong Haixing Electronics Co Interest Coverage?

Nantong Haixing Electronics Co SHSE:603115 +6.46% 75 Interest Coverage is 28.52 as of Mar. 2026, which is 75% below its 10-year median of 115.91. GuruFocus rates SHSE:603115 with a GF Score™ of 75/100 and a GF Value™ of ¥20.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,321 Industrial Products companies, Nantong Haixing Electronics Co ranks better than 69.8% 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. Nantong Haixing Electronics Co's Operating Income for the three months ended in Mar. 2026 was ¥55 Mil. Nantong Haixing Electronics Co's Interest Expense for the three months ended in Mar. 2026 was ¥-2 Mil. Nantong Haixing Electronics Co's interest coverage for the quarter that ended in Mar. 2026 was 28.52. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nantong Haixing Electronics Co's Interest Coverage or its related term are showing as below:

SHSE:603115' s Interest Coverage Range Over the Past 10 Years
Min: 25.69   Med: 115.91   Max: 586.85
Current: 42.58


SHSE:603115's Interest Coverage is ranked better than
69.8% of 2321 companies
in the Industrial Products industry
Industry Median: 14.72 vs SHSE:603115: 42.58

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


Nantong Haixing Electronics Co  (SHSE:603115) 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 .


Nantong Haixing Electronics Co Interest Coverage Related Terms


Nantong Haixing Electronics Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nantong Haixing Electronics 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.

Nantong Haixing Electronics Co Interest Coverage Chart

Nantong Haixing Electronics 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 311.10 586.85 131.54 189.25 86.51

Nantong Haixing Electronics 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 N/A 29.28 87.88 44.15 28.52

SHSE:603115 vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Nantong Haixing Electronics 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.


Nantong Haixing Electronics Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nantong Haixing Electronics Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nantong Haixing Electronics Co's Interest Coverage falls into.


SHSE:603115
75GF Score
Nantong Haixing Electronics Co Ltd SHSE:603115
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nantong Haixing Electronics 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.

Nantong Haixing Electronics 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, Nantong Haixing Electronics Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥227 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥269 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*227.01/-2.624
=86.51

Nantong Haixing Electronics Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nantong Haixing Electronics Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥55 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥377 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*55.081/-1.931
=28.52

* 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 28.52 mean?
Nantong Haixing Electronics Co (SHSE:603115) has a Interest Coverage of 28.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nantong Haixing Electronics Co and its competitors. This is 75% below median its historical median of 115.91. Over the past decade, Nantong Haixing Electronics Co's Interest Coverage has ranged from 25.69 to 586.85. According to the industry distribution chart, Nantong Haixing Electronics Co ranks #701 out of 2321 companies in the Industrial Products industry, placing it in the top 30.2%.
Is Nantong Haixing Electronics Co's Interest Coverage too high?
Nantong Haixing Electronics Co's current Interest Coverage of 28.52 is 75% below median its 10-year median of 115.91. Over the past 10 years, this metric has ranged from a low of 25.69 to a high of 586.85. The Industrial Products industry median Interest Coverage is 14.72. Nantong Haixing Electronics Co's value of 28.52 is 93.8% above this industry median. Based on the distribution chart, Nantong Haixing Electronics Co ranks #701 out of 2321 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nantong Haixing Electronics Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nantong Haixing Electronics Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nantong Haixing Electronics Co ranks #701 out of 2321 companies for Interest Coverage. This puts Nantong Haixing Electronics Co in the upper half of its industry. The industry median Interest Coverage is 14.72. Nantong Haixing Electronics Co's value of 28.52 is 93.8% above this benchmark. Historically, Nantong Haixing Electronics Co's own Interest Coverage has ranged from 25.69 to 586.85 over the past decade. While the company's 10-year median is 115.91 vs. the industry median of 14.72, Nantong Haixing Electronics 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.72, based on 2,321 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. Nantong Haixing Electronics Co's current Interest Coverage of 28.52 is 93.8% 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 Nantong Haixing Electronics Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantong Haixing Electronics Co's current Interest Coverage is 28.52, which is 75% below median its own 10-year median of 115.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantong Haixing Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Nantong Haixing Electronics Co (SHSE:603115) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.09, compared to a current price of ¥69.90 — trading 247.9% above its estimated fair value. The current Interest Coverage is 28.52, which is 75% below median its 10-year median of 115.91 and 93.8% above the Industrial Products industry median of 14.72. Nantong Haixing Electronics Co's overall GF Score™ is 75/100 with 4 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 Nantong Haixing Electronics Co (SHSE:603115), the current Interest Coverage is 28.52 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 Nantong Haixing Electronics Co (SHSE:603115) Overvalued in 2026?

Based on GuruFocus' analysis, Nantong Haixing Electronics Co stock appears to be overvalued. The current stock price of ¥69.90 is trading 247.9% above its estimated GF Value™ of ¥20.09. GuruFocus considers Nantong Haixing Electronics Co to be Significantly Overvalued.

Key valuation signals for SHSE:603115:

  • Interest Coverage: 28.52 (75% below median its 10-year median of 115.91)
  • GF Value™: ¥20.09 vs. price of ¥69.90 (247.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 93.8% above the Industrial Products median (#701 of 2321)

No single metric tells the full story. See the SHSE:603115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nantong Haixing Electronics Co Business Description

Address No. 528, Xizhan Avenue, Pingchao Town, Tongzhou District, Jiangsu Province, Nantong, CHN, 226000
Nantong Haixing Electronics Co Ltd is engaged in the development, production and sales of electrode foils for aluminum electrolytic capacitors.
75GF Score

Get the complete analysis for SHSE:603115

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

¥69.90
Price
¥20.09
GF Value