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 Mar. 2026 was ¥41 Mil. Ningbo Menovo Pharmaceutical Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-11 Mil.
Ningbo Menovo Pharmaceutical Co's interest coverage for the quarter that ended in Mar. 2026 was 3.87.
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: 5.06
SHSE:603538's Interest Coverage is ranked worse than 70.8% of 685
companies
in the Drug Manufacturers industry
Industry Median: 12.75
vs SHSE:603538: 5.06
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
* 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
SHSE:603538 vs ZTS, UTHR: 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.
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:
* 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.
Ningbo Menovo Pharmaceutical Co (SHSE:603538) has a Interest Coverage of 3.87 as of Mar. 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. This is 46% below median its historical median of 7.12. 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 #485 out of 685 companies in the Drug Manufacturers industry, placing it in the top 70.8%.
Is Ningbo Menovo Pharmaceutical Co's Interest Coverage too high?
Ningbo Menovo Pharmaceutical Co's current Interest Coverage of 3.87 is 46% below median its 10-year median of 7.12. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 36.96. The Drug Manufacturers industry median Interest Coverage is 12.75. Ningbo Menovo Pharmaceutical Co's value of 3.87 is 69.6% below this industry median. Based on the distribution chart, Ningbo Menovo Pharmaceutical Co ranks #485 out of 685 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Ningbo Menovo Pharmaceutical Co has a GF Score™ of 62/100 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 and UTHR?
According to the Drug Manufacturers industry distribution chart, Ningbo Menovo Pharmaceutical Co ranks #485 out of 685 companies for Interest Coverage. This places Ningbo Menovo Pharmaceutical Co in the lower half of its industry. The industry median Interest Coverage is 12.75. Ningbo Menovo Pharmaceutical Co's value of 3.87 is 69.6% below this benchmark. Historically, Ningbo Menovo Pharmaceutical Co's own Interest Coverage has ranged from 2.90 to 36.96 over the past decade. While the company's 10-year median is 7.12 vs. the industry median of 12.75, Ningbo Menovo Pharmaceutical 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.75, based on 685 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. Ningbo Menovo Pharmaceutical Co's current Interest Coverage of 3.87 is 69.6% 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 Ningbo Menovo Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.75 — 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 3.87, which is 46% below median its own 10-year median of 7.12. 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 ¥16.18, compared to a current price of ¥30.88 — trading 90.9% above its estimated fair value. The current Interest Coverage is 3.87, which is 46% below median its 10-year median of 7.12 and 69.6% below the Drug Manufacturers industry median of 12.75. Ningbo Menovo Pharmaceutical Co's overall GF Score™ is 62/100 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 Ningbo Menovo Pharmaceutical Co (SHSE:603538), the current Interest Coverage is 3.87 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 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 ¥30.88 is trading 90.9% above its estimated GF Value™ of ¥16.18.
GuruFocus considers Ningbo Menovo Pharmaceutical Co to be Significantly Overvalued.
Key valuation signals for SHSE:603538:
Interest Coverage: 3.87 (46% below median its 10-year median of 7.12)
GF Value™: ¥16.18 vs. price of ¥30.88 (90.9% above fair value)
Industry Position: 69.6% below the Drug Manufacturers median (#485 of 685)
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
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.
62GF 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.
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