Zhejiang Dibay Electric Co (SHSE:603320) Interest Coverage: 2,468.14 (As of Mar. 2026) — 27508% Above Median

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SHSE:603320 Zhejiang Dibay Electric Co Ltd SHSE:603320
76 GF Score
Price ¥16.18
GF Value ¥13.42
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zhejiang Dibay Electric Co Interest Coverage?

Zhejiang Dibay Electric Co SHSE:603320 +3.78% 76 Interest Coverage is 2,468.14 as of Mar. 2026, which is 27508% above its 10-year median of 8.94. GuruFocus rates SHSE:603320 with a GF Score™ of 76/100 and a GF Value™ of ¥13.42 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,323 Industrial Products companies, Zhejiang Dibay Electric Co ranks better than 77.23% 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 Dibay Electric Co's Operating Income for the three months ended in Mar. 2026 was ¥17.3 Mil. Zhejiang Dibay Electric Co's Interest Expense for the three months ended in Mar. 2026 was ¥-0.0 Mil. Zhejiang Dibay Electric Co's interest coverage for the quarter that ended in Mar. 2026 was 2,468.14. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zhejiang Dibay Electric Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SHSE:603320' s Interest Coverage Range Over the Past 10 Years
Min: 3.1   Med: 8.94   Max: 67.79
Current: 67.79


SHSE:603320's Interest Coverage is ranked better than
77.23% of 2323 companies
in the Industrial Products industry
Industry Median: 14.75 vs SHSE:603320: 67.79

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 Dibay Electric Co  (SHSE:603320) 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 Dibay Electric Co Interest Coverage Related Terms


Zhejiang Dibay Electric Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhejiang Dibay Electric 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 Dibay Electric Co Interest Coverage Chart

Zhejiang Dibay Electric 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 6.51 3.10 3.84 5.62 45.12

Zhejiang Dibay Electric 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 31.47 39.13 0.00 16.63 2,468.14

SHSE:603320 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Dibay Electric 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 Dibay Electric Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Dibay Electric Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhejiang Dibay Electric Co's Interest Coverage falls into.


SHSE:603320
76GF Score
Zhejiang Dibay Electric Co Ltd SHSE:603320
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Dibay Electric 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 Dibay Electric 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 Dibay Electric Co's Interest Expense was ¥-1.8 Mil. Its Operating Income was ¥82.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*82.923/-1.838
=45.12

Zhejiang Dibay Electric 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 Dibay Electric Co's Interest Expense was ¥-0.0 Mil. Its Operating Income was ¥17.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*17.277/-0.007
=2,468.14

* 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 2,468.14 mean?
Zhejiang Dibay Electric Co (SHSE:603320) has a Interest Coverage of 2,468.14 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang Dibay Electric Co and its competitors. This is 27508% above median its historical median of 8.94. Over the past decade, Zhejiang Dibay Electric Co's Interest Coverage has ranged from 3.10 to 67.79. According to the industry distribution chart, Zhejiang Dibay Electric Co ranks #529 out of 2323 companies in the Industrial Products industry, placing it in the top 22.8%.
Is Zhejiang Dibay Electric Co's Interest Coverage too high?
Zhejiang Dibay Electric Co's current Interest Coverage of 2,468.14 is 27508% above median its 10-year median of 8.94. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 67.79. The Industrial Products industry median Interest Coverage is 14.75. Zhejiang Dibay Electric Co's value of 2,468.14 is 16633.2% above this industry median. Based on the distribution chart, Zhejiang Dibay Electric Co ranks #529 out of 2323 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Dibay Electric Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dibay Electric Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Dibay Electric Co ranks #529 out of 2323 companies for Interest Coverage. This places Zhejiang Dibay Electric Co in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.75. Zhejiang Dibay Electric Co's value of 2,468.14 is 16633.2% above this benchmark. Historically, Zhejiang Dibay Electric Co's own Interest Coverage has ranged from 3.10 to 67.79 over the past decade. While the company's 10-year median is 8.94 vs. the industry median of 14.75, Zhejiang Dibay Electric 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 14.75, based on 2,323 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 Dibay Electric Co's current Interest Coverage of 2,468.14 is 16633.2% 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 Zhejiang Dibay Electric Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dibay Electric Co's current Interest Coverage is 2,468.14, which is 27508% above median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dibay Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dibay Electric Co (SHSE:603320) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.42, compared to a current price of ¥16.18 — trading 20.6% above its estimated fair value. The current Interest Coverage is 2,468.14, which is 27508% above median its 10-year median of 8.94 and 16633.2% above the Industrial Products industry median of 14.75. Zhejiang Dibay Electric Co's overall GF Score™ is 76/100 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 Zhejiang Dibay Electric Co (SHSE:603320), the current Interest Coverage is 2,468.14 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 Zhejiang Dibay Electric Co (SHSE:603320) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dibay Electric Co stock appears to be overvalued. The current stock price of ¥16.18 is trading 20.6% above its estimated GF Value™ of ¥13.42. GuruFocus considers Zhejiang Dibay Electric Co to be Modestly Overvalued.

Key valuation signals for SHSE:603320:

  • Interest Coverage: 2,468.14 (27508% above median its 10-year median of 8.94)
  • GF Value™: ¥13.42 vs. price of ¥16.18 (20.6% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 16633.2% above the Industrial Products median (#529 of 2323)

No single metric tells the full story. See the SHSE:603320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Dibay Electric Co Business Description

Address No. 66, Dibei Road, Sanjiang Street, Quzhou, CHN, 312400
Zhejiang Dibay Electric Co Ltd is a China-based company engages in the manufacture and sale of mechanical and electrical compressor motors. The company produces products such as refrigerator compressor motor, air conditioner compressor motor, commercial compressor electric and other products. It is also engaged in the manufacturing and sale of high-tech enterprises.
76GF Score

Get the complete analysis for SHSE:603320

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

¥16.18
Price
¥13.42
GF Value