Ningbo Menovo Pharmaceutical Co (SHSE:603538) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

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SHSE:603538 Ningbo Menovo Pharmaceutical Co Ltd SHSE:603538
65 GF Score
Price ¥32.57
GF Value ¥17.71
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ningbo Menovo Pharmaceutical Co Interest Coverage?

Ningbo Menovo Pharmaceutical Co SHSE:603538 -2.28% 65 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates SHSE:603538 with a GF Score™ of 65/100 and a GF Value™ of ¥17.71 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 682 Drug Manufacturers companies, Ningbo Menovo Pharmaceutical Co ranks worse than 70.97% 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. Ningbo Menovo Pharmaceutical Co's Operating Income for the three months ended in Jun. 2026 was ¥78 Mil. Ningbo Menovo Pharmaceutical Co's Interest Expense for the three months ended in Jun. 2026 was ¥3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:603538' s Interest Coverage Range Over the Past 10 Years
Min: 2.9   Med: 7.12   Max: 36.96
Current: 11.88


SHSE:603538's Interest Coverage is ranked worse than
70.97% of 682 companies
in the Drug Manufacturers industry
Industry Median: 12.765 vs SHSE:603538: 11.88

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


Ningbo Menovo Pharmaceutical Co  (SHSE:603538) 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 .


Ningbo Menovo Pharmaceutical Co Interest Coverage Related Terms


Ningbo Menovo Pharmaceutical Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ningbo Menovo Pharmaceutical 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.

Ningbo Menovo Pharmaceutical Co Interest Coverage Chart

Ningbo Menovo Pharmaceutical 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 6.93 8.85 2.90 3.00 4.80

Ningbo Menovo Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.70 6.98 18.87 3.87 0.00

SHSE:603538 vs ZTS: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ningbo Menovo Pharmaceutical 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.


Ningbo Menovo Pharmaceutical Co Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ningbo Menovo Pharmaceutical Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ningbo Menovo Pharmaceutical Co's Interest Coverage falls into.


SHSE:603538
65GF Score
Ningbo Menovo Pharmaceutical Co Ltd SHSE:603538
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Menovo Pharmaceutical 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.

Ningbo Menovo Pharmaceutical 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, Ningbo Menovo Pharmaceutical Co's Interest Expense was ¥-42 Mil. Its Operating Income was ¥201 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥690 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*200.706/-41.833
=4.80

Ningbo Menovo Pharmaceutical Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Ningbo Menovo Pharmaceutical Co's Interest Expense was ¥3 Mil. Its Operating Income was ¥78 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥50 Mil.

* 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 0 (At Loss) mean?
Ningbo Menovo Pharmaceutical Co (SHSE:603538) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Menovo Pharmaceutical Co and its competitors. Over the past decade, Ningbo Menovo Pharmaceutical Co's Interest Coverage has ranged from 2.90 to 36.96. According to the industry distribution chart, Ningbo Menovo Pharmaceutical Co ranks #484 out of 682 companies in the Drug Manufacturers industry, placing it in the top 71%.
Is Ningbo Menovo Pharmaceutical Co's Interest Coverage too high?
Ningbo Menovo Pharmaceutical Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 36.96. Based on the distribution chart, Ningbo Menovo Pharmaceutical Co ranks #484 out of 682 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Ningbo Menovo Pharmaceutical Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Menovo Pharmaceutical Co's Interest Coverage compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Ningbo Menovo Pharmaceutical Co ranks #484 out of 682 companies for Interest Coverage. This places Ningbo Menovo Pharmaceutical Co in the lower half of its industry. The industry median Interest Coverage is 12.77. Historically, Ningbo Menovo Pharmaceutical Co's own Interest Coverage has ranged from 2.90 to 36.96 over the past decade. 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.77, based on 682 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. 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 Ningbo Menovo Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Menovo Pharmaceutical Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Menovo Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Menovo Pharmaceutical Co (SHSE:603538) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.71, compared to a current price of ¥32.57 — trading 83.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Ningbo Menovo Pharmaceutical Co's overall GF Score™ is 65/100 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 Ningbo Menovo Pharmaceutical Co (SHSE:603538), the current Interest Coverage is 0 (At Loss) as of Jun. 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 Ningbo Menovo Pharmaceutical Co (SHSE:603538) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Menovo Pharmaceutical Co stock appears to be overvalued. The current stock price of ¥32.57 is trading 83.9% above its estimated GF Value™ of ¥17.71. GuruFocus considers Ningbo Menovo Pharmaceutical Co to be Significantly Overvalued.

Key valuation signals for SHSE:603538:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ¥17.71 vs. price of ¥32.57 (83.9% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Menovo Pharmaceutical Co Business Description

Address No.999,Yangfan Road, Room 1406, No.1, High-tech Zone, Ningbo, CHN, 315040
Ningbo Menovo Pharmaceutical Co Ltd is a China-based company is engaged in the research and development, pilot, production and sales of pharmaceutical intermediates, APIs and finished drugs. Its products line includes cardiovascular, central nervous, respiratory, anti-tumor, anti-infective, digestive system, geriatric diseases and anti-viral systems.
65GF Score

Get the complete analysis for SHSE:603538

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

¥32.57
Price
¥17.71
GF Value