Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) Interest Coverage: 1.98 (As of Mar. 2026) — 40% Below Median

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SHSE:603507 Jiangsu Zhenjiang New Energy Equipment Co Ltd SHSE:603507
86 GF Score
Price ¥24.73
GF Value ¥22.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Jiangsu Zhenjiang New Energy Equipment Co Interest Coverage?

Jiangsu Zhenjiang New Energy Equipment Co SHSE:603507 +3.99% 86 Interest Coverage is 1.98 as of Mar. 2026, which is 40% below its 10-year median of 3.30. GuruFocus rates SHSE:603507 with a GF Score™ of 86/100 and a GF Value™ of ¥22.35 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,329 Industrial Products companies, Jiangsu Zhenjiang New Energy Equipment Co ranks worse than 86.52% 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. Jiangsu Zhenjiang New Energy Equipment Co's Operating Income for the three months ended in Mar. 2026 was ¥167 Mil. Jiangsu Zhenjiang New Energy Equipment Co's Interest Expense for the three months ended in Mar. 2026 was ¥-84 Mil. Jiangsu Zhenjiang New Energy Equipment Co's interest coverage for the quarter that ended in Mar. 2026 was 1.98. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jiangsu Zhenjiang New Energy Equipment Co Ltd interest coverage is 2.36, which is low.

The historical rank and industry rank for Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage or its related term are showing as below:

SHSE:603507' s Interest Coverage Range Over the Past 10 Years
Min: 1.91   Med: 3.3   Max: 23.88
Current: 2.36


SHSE:603507's Interest Coverage is ranked worse than
86.52% of 2329 companies
in the Industrial Products industry
Industry Median: 14.69 vs SHSE:603507: 2.36

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


Jiangsu Zhenjiang New Energy Equipment Co  (SHSE:603507) 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 .


Jiangsu Zhenjiang New Energy Equipment Co Interest Coverage Related Terms


Jiangsu Zhenjiang New Energy Equipment Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jiangsu Zhenjiang New Energy Equipment 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.

Jiangsu Zhenjiang New Energy Equipment Co Interest Coverage Chart

Jiangsu Zhenjiang New Energy Equipment 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 4.00 1.91 3.38 3.19 2.66

Jiangsu Zhenjiang New Energy Equipment 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 2.94 2.05 2.35 3.35 1.98

SHSE:603507 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Jiangsu Zhenjiang New Energy Equipment 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.


Jiangsu Zhenjiang New Energy Equipment Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage falls into.


SHSE:603507
86GF Score
Jiangsu Zhenjiang New Energy Equipment Co Ltd SHSE:603507
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Zhenjiang New Energy Equipment 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.

Jiangsu Zhenjiang New Energy Equipment 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, Jiangsu Zhenjiang New Energy Equipment Co's Interest Expense was ¥-173 Mil. Its Operating Income was ¥459 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥866 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*459.166/-172.799
=2.66

Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Jiangsu Zhenjiang New Energy Equipment Co's Interest Expense was ¥-84 Mil. Its Operating Income was ¥167 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,194 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*166.648/-84.373
=1.98

* 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 1.98 mean?
Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) has a Interest Coverage of 1.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jiangsu Zhenjiang New Energy Equipment Co and its competitors. This is 40% below median its historical median of 3.30. Over the past decade, Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage has ranged from 1.91 to 23.88. According to the industry distribution chart, Jiangsu Zhenjiang New Energy Equipment Co ranks #2015 out of 2329 companies in the Industrial Products industry, placing it in the top 86.5%.
Is Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage too high?
Jiangsu Zhenjiang New Energy Equipment Co's current Interest Coverage of 1.98 is 40% below median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 23.88. The Industrial Products industry median Interest Coverage is 14.69. Jiangsu Zhenjiang New Energy Equipment Co's value of 1.98 is 86.5% below this industry median. Based on the distribution chart, Jiangsu Zhenjiang New Energy Equipment Co ranks #2015 out of 2329 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Zhenjiang New Energy Equipment Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Zhenjiang New Energy Equipment Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Jiangsu Zhenjiang New Energy Equipment Co ranks #2015 out of 2329 companies for Interest Coverage. This places Jiangsu Zhenjiang New Energy Equipment Co in the lower half of its industry. The industry median Interest Coverage is 14.69. Jiangsu Zhenjiang New Energy Equipment Co's value of 1.98 is 86.5% below this benchmark. Historically, Jiangsu Zhenjiang New Energy Equipment Co's own Interest Coverage has ranged from 1.91 to 23.88 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 14.69, Jiangsu Zhenjiang New Energy Equipment 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.69, based on 2,329 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. Jiangsu Zhenjiang New Energy Equipment Co's current Interest Coverage of 1.98 is 86.5% 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 Jiangsu Zhenjiang New Energy Equipment Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Zhenjiang New Energy Equipment Co's current Interest Coverage is 1.98, which is 40% below median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Zhenjiang New Energy Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.35, compared to a current price of ¥24.73 — trading 10.6% above its estimated fair value. The current Interest Coverage is 1.98, which is 40% below median its 10-year median of 3.30 and 86.5% below the Industrial Products industry median of 14.69. Jiangsu Zhenjiang New Energy Equipment Co's overall GF Score™ is 86/100 with 6 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 Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507), the current Interest Coverage is 1.98 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 Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Zhenjiang New Energy Equipment Co stock appears to be overvalued. The current stock price of ¥24.73 is trading 10.6% above its estimated GF Value™ of ¥22.35. GuruFocus considers Jiangsu Zhenjiang New Energy Equipment Co to be Modestly Overvalued.

Key valuation signals for SHSE:603507:

  • Interest Coverage: 1.98 (40% below median its 10-year median of 3.30)
  • GF Value™: ¥22.35 vs. price of ¥24.73 (10.6% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 86.5% below the Industrial Products median (#2015 of 2329)

No single metric tells the full story. See the SHSE:603507 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Zhenjiang New Energy Equipment Co Business Description

Address No. 2608 Zhencheng Road, Jiangsu Province, Jiangyin, CHN, 214441
Jiangsu Zhenjiang New Energy Equipment Co Ltd is engaged in the research and development, production and sales of port machinery, wind power accessories, electrolytic aluminum machinery and engineering machinery steel structural parts. Its products include wind energy generator nacelle cover, wind energy generator rotor room, wind energy generator stator, wind power generator stator, and photovoltaic power system professional support.
86GF Score

Get the complete analysis for SHSE:603507

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

¥24.73
Price
¥22.35
GF Value