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Hangcha Group CoSHSE:603298 -0.32%93 Interest Coverage is 56.26 as of Mar. 2026, which is 30% below its 10-year median of 80.04. GuruFocus rates SHSE:603298 with a GF Score™ of 93/100 and a GF Value™ of ¥22.43 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Hangcha Group Co ranks better than 83.43% 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. Hangcha Group Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥515 Mil. Hangcha Group Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-9 Mil.
Hangcha Group Co's interest coverage for the quarter that ended in Mar. 2026 was 56.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Hangcha Group Co's Interest Coverage or its related term are showing as below:
SHSE:603298'
s Interest Coverage Range Over the Past 10 Years
Min: 12.75 Med: 80.04 Max: 1142.02
Current: 48.58
SHSE:603298's Interest Coverage is ranked better than 83.43% of 169
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.34
vs SHSE:603298: 48.58
Hangcha Group Co (SHSE:603298) 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 .
Hangcha Group Co Interest Coverage Related Terms
Hangcha Group Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hangcha Group 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:603298 vs CAT, DE, PCAR: Interest Coverage Comparison
For the Farm & Heavy Construction Machinery subindustry, Hangcha Group 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.
Hangcha Group Co Interest Coverage vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hangcha Group Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hangcha Group 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.
Hangcha Group Co (SHSE:603298) has a Interest Coverage of 56.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hangcha Group Co and its competitors. This is 30% below median its historical median of 80.04. Over the past decade, Hangcha Group Co's Interest Coverage has ranged from 12.75 to 1,142.02. According to the industry distribution chart, Hangcha Group Co ranks #28 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 16.6%.
Is Hangcha Group Co's Interest Coverage too high?
Hangcha Group Co's current Interest Coverage of 56.26 is 30% below median its 10-year median of 80.04. Over the past 10 years, this metric has ranged from a low of 12.75 to a high of 1,142.02. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.34. Hangcha Group Co's value of 56.26 is 502.4% above this industry median. Based on the distribution chart, Hangcha Group Co ranks #28 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Hangcha Group Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangcha Group Co's Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hangcha Group Co ranks #28 out of 169 companies for Interest Coverage. This places Hangcha Group Co in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 9.34. Hangcha Group Co's value of 56.26 is 502.4% above this benchmark. Historically, Hangcha Group Co's own Interest Coverage has ranged from 12.75 to 1,142.02 over the past decade. While the company's 10-year median is 80.04 vs. the industry median of 9.34, Hangcha Group 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.34, based on 169 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. Hangcha Group Co's current Interest Coverage of 56.26 is 502.4% 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 Hangcha Group Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangcha Group Co's current Interest Coverage is 56.26, which is 30% below median its own 10-year median of 80.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangcha Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hangcha Group Co (SHSE:603298) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.43, compared to a current price of ¥24.97 — trading 11.3% above its estimated fair value. The current Interest Coverage is 56.26, which is 30% below median its 10-year median of 80.04 and 502.4% above the Farm & Heavy Construction Machinery industry median of 9.34. Hangcha Group Co's overall GF Score™ is 93/100 with 2 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 Hangcha Group Co (SHSE:603298), the current Interest Coverage is 56.26 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 Hangcha Group Co (SHSE:603298) Overvalued in 2026?
Based on GuruFocus' analysis, Hangcha Group Co stock appears to be overvalued.
The current stock price of ¥24.97 is trading 11.3% above its estimated GF Value™ of ¥22.43.
GuruFocus considers Hangcha Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:603298:
Interest Coverage: 56.26 (30% below median its 10-year median of 80.04)
GF Value™: ¥22.43 vs. price of ¥24.97 (11.3% above fair value)
Industry Position: 502.4% above the Farm & Heavy Construction Machinery median (#28 of 169)
No single metric tells the full story. See the SHSE:603298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangcha Group Co Ltd is engaged in manufacturing of forklift truck. Its products include IC forklift truck, Electric forklift truck, warehouse equipment, tow tractors, side loading forklifts, explosion proof forklifts, empty container handlers and among others.
93GF Score
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