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. Quectel Wireless Solutions Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥193 Mil. Quectel Wireless Solutions Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-13 Mil.
Quectel Wireless Solutions Co's interest coverage for the quarter that ended in Mar. 2026 was 14.97.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Quectel Wireless Solutions Co's Interest Coverage or its related term are showing as below:
SHSE:603236'
s Interest Coverage Range Over the Past 10 Years
Min: 1.93 Med: 15.01 Max: 70.25
Current: 20.18
SHSE:603236's Interest Coverage is ranked better than 57.6% of 1672
companies
in the Hardware industry
Industry Median: 13.675
vs SHSE:603236: 20.18
Quectel Wireless Solutions Co (SHSE:603236) 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 .
Quectel Wireless Solutions Co Interest Coverage Related Terms
Quectel Wireless Solutions Co Interest Coverage Historical Data
* 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.
Quectel Wireless Solutions Co Interest Coverage Chart
SHSE:603236 vs CSCO, CIEN, MSI: Interest Coverage Comparison
For the Communication Equipment subindustry, Quectel Wireless Solutions 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.
Quectel Wireless Solutions Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Quectel Wireless Solutions Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Quectel Wireless Solutions Co's Interest Coverage falls into.
Quectel Wireless Solutions 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:
* 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.
Quectel Wireless Solutions Co (SHSE:603236) has a Interest Coverage of 14.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Quectel Wireless Solutions Co and its competitors. This is near median its historical median of 15.01. Over the past decade, Quectel Wireless Solutions Co's Interest Coverage has ranged from 1.93 to 70.25. According to the industry distribution chart, Quectel Wireless Solutions Co ranks #709 out of 1672 companies in the Hardware industry, placing it in the top 42.4%.
Is Quectel Wireless Solutions Co's Interest Coverage too high?
Quectel Wireless Solutions Co's current Interest Coverage of 14.97 is near median its 10-year median of 15.01. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 70.25. The Hardware industry median Interest Coverage is 13.68. Quectel Wireless Solutions Co's value of 14.97 is 9.5% above this industry median. Based on the distribution chart, Quectel Wireless Solutions Co ranks #709 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Quectel Wireless Solutions Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quectel Wireless Solutions Co's Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Quectel Wireless Solutions Co ranks #709 out of 1672 companies for Interest Coverage. This puts Quectel Wireless Solutions Co in the upper half of its industry. The industry median Interest Coverage is 13.68. Quectel Wireless Solutions Co's value of 14.97 is 9.5% above this benchmark. Historically, Quectel Wireless Solutions Co's own Interest Coverage has ranged from 1.93 to 70.25 over the past decade. While the company's 10-year median is 15.01 vs. the industry median of 13.68, Quectel Wireless Solutions 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.68, based on 1,672 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. Quectel Wireless Solutions Co's current Interest Coverage of 14.97 is 9.5% 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 Quectel Wireless Solutions Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quectel Wireless Solutions Co's current Interest Coverage is 14.97, which is near median its own 10-year median of 15.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quectel Wireless Solutions Co stock overvalued right now?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co (SHSE:603236) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.40, compared to a current price of ¥49.70 — trading 26.3% below its estimated fair value. The current Interest Coverage is 14.97, which is near median its 10-year median of 15.01 and 9.5% above the Hardware industry median of 13.68. Quectel Wireless Solutions 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 Quectel Wireless Solutions Co (SHSE:603236), the current Interest Coverage is 14.97 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 Quectel Wireless Solutions Co (SHSE:603236) Overvalued in 2026?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co stock appears to be undervalued.
The current stock price of ¥49.70 is trading 26.3% below its estimated GF Value™ of ¥67.40.
GuruFocus considers Quectel Wireless Solutions Co to be Modestly Undervalued.
Key valuation signals for SHSE:603236:
Interest Coverage: 14.97 (near median its 10-year median of 15.01)
GF Value™: ¥67.40 vs. price of ¥49.70 (26.3% below fair value)
Industry Position: 9.5% above the Hardware median (#709 of 1672)
No single metric tells the full story. See the SHSE:603236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quectel Wireless Solutions Co Business Description
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
90GF Score
Get the complete analysis for SHSE:603236
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