Daming Electronics Co (SHSE:603376) Interest Coverage: 5.78 (As of Mar. 2026) — 16% Below Median

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SHSE:603376 Daming Electronics Co Ltd SHSE:603376
49 GF Score
Price ¥25.84
! 4 Warning Signs
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What is Daming Electronics Co Interest Coverage?

Daming Electronics Co SHSE:603376 -2.34% 49 Interest Coverage is 5.78 as of Mar. 2026, which is 16% below its 10-year median of 6.90. GuruFocus rates SHSE:603376 with a GF Score™ of 49/100. The stock has 4 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Daming Electronics Co ranks better than 69.14% 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. Daming Electronics Co's Operating Income for the three months ended in Mar. 2026 was ¥14 Mil. Daming Electronics Co's Interest Expense for the three months ended in Mar. 2026 was ¥-2 Mil. Daming Electronics Co's interest coverage for the quarter that ended in Mar. 2026 was 5.78. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:603376' s Interest Coverage Range Over the Past 10 Years
Min: 3.66   Med: 6.9   Max: 20.93
Current: 20.93


SHSE:603376's Interest Coverage is ranked better than
69.14% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.46 vs SHSE:603376: 20.93

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


Daming Electronics Co  (SHSE:603376) 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 .


Daming Electronics Co Interest Coverage Related Terms


Daming Electronics Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Daming Electronics 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.

Daming Electronics Co Interest Coverage Chart

Daming Electronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 5.21 3.66 5.55 8.24 19.98

Daming Electronics Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 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 12.43 14.75 60.41 24.49 5.78

SHSE:603376 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Daming Electronics 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.


Daming Electronics Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Daming Electronics Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Daming Electronics Co's Interest Coverage falls into.


SHSE:603376
49GF Score
Daming Electronics Co Ltd SHSE:603376
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Daming Electronics 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.

Daming Electronics 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, Daming Electronics Co's Interest Expense was ¥-17 Mil. Its Operating Income was ¥335 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥115 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*335.104/-16.776
=19.98

Daming Electronics Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Daming Electronics Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥14 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥124 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*13.632/-2.358
=5.78

* 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 5.78 mean?
Daming Electronics Co (SHSE:603376) has a Interest Coverage of 5.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Daming Electronics Co and its competitors. This is 16% below median its historical median of 6.90. Over the past decade, Daming Electronics Co's Interest Coverage has ranged from 3.66 to 20.93. According to the industry distribution chart, Daming Electronics Co ranks #329 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 30.9%.
Is Daming Electronics Co's Interest Coverage too high?
Daming Electronics Co's current Interest Coverage of 5.78 is 16% below median its 10-year median of 6.90. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 20.93. The Vehicles & Parts industry median Interest Coverage is 8.46. Daming Electronics Co's value of 5.78 is 31.7% below this industry median. Based on the distribution chart, Daming Electronics Co ranks #329 out of 1066 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Daming Electronics Co has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Daming Electronics Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Daming Electronics Co ranks #329 out of 1066 companies for Interest Coverage. This puts Daming Electronics Co in the upper half of its industry. The industry median Interest Coverage is 8.46. Daming Electronics Co's value of 5.78 is 31.7% below this benchmark. Historically, Daming Electronics Co's own Interest Coverage has ranged from 3.66 to 20.93 over the past decade. While the company's 10-year median is 6.90 vs. the industry median of 8.46, Daming Electronics 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.46, based on 1,066 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. Daming Electronics Co's current Interest Coverage of 5.78 is 31.7% 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 Daming Electronics Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daming Electronics Co's current Interest Coverage is 5.78, which is 16% below median its own 10-year median of 6.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daming Electronics Co stock overvalued right now?
Daming Electronics Co (SHSE:603376) has a current Interest Coverage of 5.78. The current Interest Coverage is 5.78, which is 16% below median its 10-year median of 6.90 and 31.7% below the Vehicles & Parts industry median of 8.46. Daming Electronics Co's overall GF Score™ is 49/100 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 Daming Electronics Co (SHSE:603376), the current Interest Coverage is 5.78 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.

Daming Electronics Co Business Description

Address No. M-1, West Industrial Zone, Hongqiao Town, Zhejiang Province, Yueqing, CHN, 325608
Daming Electronics Co Ltd specializes in producing automobile air-conditioning and acoustic systems, as well as automobile electric appliance switches. The company operates prominently from its manufacturing base in China, supplying a broad range of automotive switches, including automotive electrical switches (such as window lift switches, combination switches, steering wheel switches, and air conditioning controllers), automotive interior lights, and new energy vehicle chargers (DCDC converter assemblies).
49GF Score

Get the complete analysis for SHSE:603376

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

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