HangZhou Nbond Nonwovens Co (SHSE:603238) Interest Coverage: 7.91 (As of Mar. 2026) — 74% Below Median

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SHSE:603238 HangZhou Nbond Nonwovens Co Ltd SHSE:603238
63 GF Score
Price ¥11.58
GF Value ¥20.56
Valuation Significantly Undervalued
! 4 Warning Signs
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What is HangZhou Nbond Nonwovens Co Interest Coverage?

HangZhou Nbond Nonwovens Co SHSE:603238 +0.35% 63 Interest Coverage is 7.91 as of Mar. 2026, which is 74% below its 10-year median of 30.48. GuruFocus rates SHSE:603238 with a GF Score™ of 63/100 and a GF Value™ of ¥20.56 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 737 Manufacturing - Apparel & Accessories companies, HangZhou Nbond Nonwovens Co ranks better than 69.61% 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. HangZhou Nbond Nonwovens Co's Operating Income for the three months ended in Mar. 2026 was ¥53 Mil. HangZhou Nbond Nonwovens Co's Interest Expense for the three months ended in Mar. 2026 was ¥-7 Mil. HangZhou Nbond Nonwovens Co's interest coverage for the quarter that ended in Mar. 2026 was 7.91. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for HangZhou Nbond Nonwovens Co's Interest Coverage or its related term are showing as below:

SHSE:603238' s Interest Coverage Range Over the Past 10 Years
Min: 9.21   Med: 30.48   Max: 860.1
Current: 15.31


SHSE:603238's Interest Coverage is ranked better than
69.61% of 737 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.22 vs SHSE:603238: 15.31

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


HangZhou Nbond Nonwovens Co  (SHSE:603238) 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 .


HangZhou Nbond Nonwovens Co Interest Coverage Related Terms


HangZhou Nbond Nonwovens Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for HangZhou Nbond Nonwovens 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.

HangZhou Nbond Nonwovens Co Interest Coverage Chart

HangZhou Nbond Nonwovens 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 34.76 22.75 860.10 109.10 92.79

HangZhou Nbond Nonwovens 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 12.20 100.56 44.91 7.91

HangZhou Nbond Nonwovens Co Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens 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.


HangZhou Nbond Nonwovens Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HangZhou Nbond Nonwovens Co's Interest Coverage falls into.


SHSE:603238
63GF Score
HangZhou Nbond Nonwovens Co Ltd SHSE:603238
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HangZhou Nbond Nonwovens 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.

HangZhou Nbond Nonwovens 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, HangZhou Nbond Nonwovens Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥178 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥22 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*178.163/-1.92
=92.79

HangZhou Nbond Nonwovens Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, HangZhou Nbond Nonwovens Co's Interest Expense was ¥-7 Mil. Its Operating Income was ¥53 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥49 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*53.49/-6.763
=7.91

* 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 7.91 mean?
HangZhou Nbond Nonwovens Co (SHSE:603238) has a Interest Coverage of 7.91 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HangZhou Nbond Nonwovens Co and its competitors. This is 74% below median its historical median of 30.48. Over the past decade, HangZhou Nbond Nonwovens Co's Interest Coverage has ranged from 9.21 to 860.10. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #224 out of 737 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.4%.
Is HangZhou Nbond Nonwovens Co's Interest Coverage too high?
HangZhou Nbond Nonwovens Co's current Interest Coverage of 7.91 is 74% below median its 10-year median of 30.48. Over the past 10 years, this metric has ranged from a low of 9.21 to a high of 860.10. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.22. HangZhou Nbond Nonwovens Co's value of 7.91 is 51.5% above this industry median. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #224 out of 737 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #224 out of 737 companies for Interest Coverage. This puts HangZhou Nbond Nonwovens Co in the upper half of its industry. The industry median Interest Coverage is 5.22. HangZhou Nbond Nonwovens Co's value of 7.91 is 51.5% above this benchmark. Historically, HangZhou Nbond Nonwovens Co's own Interest Coverage has ranged from 9.21 to 860.10 over the past decade. While the company's 10-year median is 30.48 vs. the industry median of 5.22, HangZhou Nbond Nonwovens 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.22, based on 737 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. HangZhou Nbond Nonwovens Co's current Interest Coverage of 7.91 is 51.5% 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 HangZhou Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens Co's current Interest Coverage is 7.91, which is 74% below median its own 10-year median of 30.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.56, compared to a current price of ¥11.58 — trading 43.7% below its estimated fair value. The current Interest Coverage is 7.91, which is 74% below median its 10-year median of 30.48 and 51.5% above the Manufacturing - Apparel & Accessories industry median of 5.22. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 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 HangZhou Nbond Nonwovens Co (SHSE:603238), the current Interest Coverage is 7.91 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 HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?

Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued. The current stock price of ¥11.58 is trading 43.7% below its estimated GF Value™ of ¥20.56. GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.

Key valuation signals for SHSE:603238:

  • Interest Coverage: 7.91 (74% below median its 10-year median of 30.48)
  • GF Value™: ¥20.56 vs. price of ¥11.58 (43.7% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 51.5% above the Manufacturing - Apparel & Accessories median (#224 of 737)

No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HangZhou Nbond Nonwovens Co Business Description

Address No. 8 Changda Road / No. 16 Hongda Road, National Economic and Technological Development Zone, Zhejiang Province, Linping District, Hangzhou, CHN, 311102
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score

Get the complete analysis for SHSE:603238

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

¥11.58
Price
¥20.56
GF Value