Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Qingdao Huijintong Power Equipment Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥38 Mil. Qingdao Huijintong Power Equipment Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-21 Mil.
Qingdao Huijintong Power Equipment Co's interest coverage for the quarter that ended in Mar. 2026 was 1.78.
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. Qingdao Huijintong Power Equipment Co Ltd interest coverage is 2.65, which is low.
SHSE:603577'
s Interest Coverage Range Over the Past 10 Years
Min: 1.43 Med: 2.65 Max: 6.7
Current: 2.65
SHSE:603577's Interest Coverage is ranked worse than 84.93% of 2322
companies
in the Industrial Products industry
Industry Median: 14.835
vs SHSE:603577: 2.65
Qingdao Huijintong Power Equipment Co (SHSE:603577) 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 .
Qingdao Huijintong Power Equipment Co Interest Coverage Related Terms
Qingdao Huijintong Power Equipment 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.
Qingdao Huijintong Power Equipment Co Interest Coverage Chart
SHSE:603577 vs CRS, ATI, MLI: Interest Coverage Comparison
For the Metal Fabrication subindustry, Qingdao Huijintong Power 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.
Qingdao Huijintong Power Equipment Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Qingdao Huijintong Power Equipment Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Qingdao Huijintong Power Equipment Co's Interest Coverage falls into.
Qingdao Huijintong Power 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:
* 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.
Qingdao Huijintong Power Equipment Co (SHSE:603577) has a Interest Coverage of 1.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Qingdao Huijintong Power Equipment Co and its competitors. This is 33% below median its historical median of 2.65. Over the past decade, Qingdao Huijintong Power Equipment Co's Interest Coverage has ranged from 1.43 to 6.70. According to the industry distribution chart, Qingdao Huijintong Power Equipment Co ranks #1972 out of 2322 companies in the Industrial Products industry, placing it in the top 84.9%.
Is Qingdao Huijintong Power Equipment Co's Interest Coverage too high?
Qingdao Huijintong Power Equipment Co's current Interest Coverage of 1.78 is 33% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 6.70. The Industrial Products industry median Interest Coverage is 14.84. Qingdao Huijintong Power Equipment Co's value of 1.78 is 88% below this industry median. Based on the distribution chart, Qingdao Huijintong Power Equipment Co ranks #1972 out of 2322 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Qingdao Huijintong Power Equipment Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Huijintong Power Equipment Co's Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Qingdao Huijintong Power Equipment Co ranks #1972 out of 2322 companies for Interest Coverage. This places Qingdao Huijintong Power Equipment Co in the lower half of its industry. The industry median Interest Coverage is 14.84. Qingdao Huijintong Power Equipment Co's value of 1.78 is 88% below this benchmark. Historically, Qingdao Huijintong Power Equipment Co's own Interest Coverage has ranged from 1.43 to 6.70 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 14.84, Qingdao Huijintong Power 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 14.84, based on 2,322 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. Qingdao Huijintong Power Equipment Co's current Interest Coverage of 1.78 is 88% 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 Qingdao Huijintong Power Equipment Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Huijintong Power Equipment Co's current Interest Coverage is 1.78, which is 33% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Huijintong Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Huijintong Power Equipment Co (SHSE:603577) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.62, compared to a current price of ¥9.02 — trading 4.6% above its estimated fair value. The current Interest Coverage is 1.78, which is 33% below median its 10-year median of 2.65 and 88% below the Industrial Products industry median of 14.84. Qingdao Huijintong Power Equipment Co's overall GF Score™ is 78/100 with 10 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 Qingdao Huijintong Power Equipment Co (SHSE:603577), the current Interest Coverage is 1.78 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.
Is Qingdao Huijintong Power Equipment Co (SHSE:603577) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Huijintong Power Equipment Co stock appears to be overvalued.
The current stock price of ¥9.02 is trading 4.6% above its estimated GF Value™ of ¥8.62.
GuruFocus considers Qingdao Huijintong Power Equipment Co to be Fairly Valued.
Key valuation signals for SHSE:603577:
Interest Coverage: 1.78 (33% below median its 10-year median of 2.65)
GF Value™: ¥8.62 vs. price of ¥9.02 (4.6% above fair value)
Industry Position: 88% below the Industrial Products median (#1972 of 2322)
No single metric tells the full story. See the SHSE:603577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Huijintong Power Equipment Co Business Description
Qingdao Huijintong Power Equipment Co Ltd manufactures steel structures. Its products include Lattice Angle Steel Tower, Steel Tube Tower, Solar Bracket and other steel structures.
78GF Score
Get the complete analysis for SHSE:603577
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603577 has been successfully added to your 
