Zhejiang Weihua New Material Co (SHSE:603310) Interest Coverage: 9.61 (As of Mar. 2026) — 84% Below Median

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SHSE:603310 Zhejiang Weihua New Material Co Ltd SHSE:603310
34 GF Score
Price ¥14.56
! 8 Warning Signs
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What is Zhejiang Weihua New Material Co Interest Coverage?

Zhejiang Weihua New Material Co SHSE:603310 +0.41% 34 Interest Coverage is 9.61 as of Mar. 2026, which is 84% below its 10-year median of 59.45. GuruFocus rates SHSE:603310 with a GF Score™ of 34/100. The stock has 8 warning signs investors should review. Among 1,235 Chemicals companies, Zhejiang Weihua New Material Co ranks better than 60.4% 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. Zhejiang Weihua New Material Co's Operating Income for the three months ended in Mar. 2026 was ¥29 Mil. Zhejiang Weihua New Material Co's Interest Expense for the three months ended in Mar. 2026 was ¥-3 Mil. Zhejiang Weihua New Material Co's interest coverage for the quarter that ended in Mar. 2026 was 9.61. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zhejiang Weihua New Material Co's Interest Coverage or its related term are showing as below:

SHSE:603310' s Interest Coverage Range Over the Past 10 Years
Min: 6.44   Med: 59.45   Max: 467.43
Current: 17.42


SHSE:603310's Interest Coverage is ranked better than
60.4% of 1235 companies
in the Chemicals industry
Industry Median: 10.26 vs SHSE:603310: 17.42

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


Zhejiang Weihua New Material Co  (SHSE:603310) 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 .


Zhejiang Weihua New Material Co Interest Coverage Related Terms


Zhejiang Weihua New Material Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhejiang Weihua New Material 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.

Zhejiang Weihua New Material Co Interest Coverage Chart

Zhejiang Weihua New Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 192.08 140.18 467.43 59.45 16.74

Zhejiang Weihua New Material Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 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 8.75 0.00 15.68 3.84 9.61

SHSE:603310 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Zhejiang Weihua New Material 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.


Zhejiang Weihua New Material Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Weihua New Material Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhejiang Weihua New Material Co's Interest Coverage falls into.


SHSE:603310
34GF Score
Zhejiang Weihua New Material Co Ltd SHSE:603310
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Weihua New Material 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.

Zhejiang Weihua New Material 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, Zhejiang Weihua New Material Co's Interest Expense was ¥-6 Mil. Its Operating Income was ¥104 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*104.306/-6.232
=16.74

Zhejiang Weihua New Material Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Zhejiang Weihua New Material Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥29 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥72 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*28.654/-2.983
=9.61

* 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 9.61 mean?
Zhejiang Weihua New Material Co (SHSE:603310) has a Interest Coverage of 9.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang Weihua New Material Co and its competitors. This is 84% below median its historical median of 59.45. Over the past decade, Zhejiang Weihua New Material Co's Interest Coverage has ranged from 6.44 to 467.43. According to the industry distribution chart, Zhejiang Weihua New Material Co ranks #489 out of 1235 companies in the Chemicals industry, placing it in the top 39.6%.
Is Zhejiang Weihua New Material Co's Interest Coverage too high?
Zhejiang Weihua New Material Co's current Interest Coverage of 9.61 is 84% below median its 10-year median of 59.45. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 467.43. The Chemicals industry median Interest Coverage is 10.26. Zhejiang Weihua New Material Co's value of 9.61 is 6.3% below this industry median. Based on the distribution chart, Zhejiang Weihua New Material Co ranks #489 out of 1235 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Weihua New Material Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Weihua New Material Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Weihua New Material Co ranks #489 out of 1235 companies for Interest Coverage. This puts Zhejiang Weihua New Material Co in the upper half of its industry. The industry median Interest Coverage is 10.26. Zhejiang Weihua New Material Co's value of 9.61 is 6.3% below this benchmark. Historically, Zhejiang Weihua New Material Co's own Interest Coverage has ranged from 6.44 to 467.43 over the past decade. While the company's 10-year median is 59.45 vs. the industry median of 10.26, Zhejiang Weihua New Material Co has consistently been below 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,235 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. Zhejiang Weihua New Material Co's current Interest Coverage of 9.61 is 6.3% below 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 Zhejiang Weihua New Material Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Weihua New Material Co's current Interest Coverage is 9.61, which is 84% below median its own 10-year median of 59.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Weihua New Material Co stock overvalued right now?
Zhejiang Weihua New Material Co (SHSE:603310) has a current Interest Coverage of 9.61. The current Interest Coverage is 9.61, which is 84% below median its 10-year median of 59.45 and 6.3% below the Chemicals industry median of 10.26. Zhejiang Weihua New Material Co's overall GF Score™ is 34/100 with 8 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 Zhejiang Weihua New Material Co (SHSE:603310), the current Interest Coverage is 9.61 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.

Zhejiang Weihua New Material Co Business Description

Address Beitang East Road, No. 8, Shangyu Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 312369
Zhejiang Weihua New Material Co Ltd is engaged in research and development, production and sales of chlorotoluene and trifluoromethylbenzene series fine chemical products.
34GF 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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