Zhongman Petroleum And Natural Gas Group (SHSE:603619) Interest Coverage: 2.76 (As of Mar. 2026) — 60% Below Median

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SHSE:603619 Zhongman Petroleum And Natural Gas Group Corp Ltd SHSE:603619
84 GF Score
Price ¥17.74
GF Value ¥19.66
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zhongman Petroleum And Natural Gas Group Interest Coverage?

Zhongman Petroleum And Natural Gas Group SHSE:603619 -3.38% 84 Interest Coverage is 2.76 as of Mar. 2026, which is 60% below its 10-year median of 6.86. GuruFocus rates SHSE:603619 with a GF Score™ of 84/100 and a GF Value™ of ¥19.66 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 730 Oil & Gas companies, Zhongman Petroleum And Natural Gas Group ranks worse than 61.1% 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. Zhongman Petroleum And Natural Gas Group's Operating Income for the three months ended in Mar. 2026 was ¥142 Mil. Zhongman Petroleum And Natural Gas Group's Interest Expense for the three months ended in Mar. 2026 was ¥-52 Mil. Zhongman Petroleum And Natural Gas Group's interest coverage for the quarter that ended in Mar. 2026 was 2.76. 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. Zhongman Petroleum And Natural Gas Group Corp Ltd interest coverage is 3.77, which is low.

The historical rank and industry rank for Zhongman Petroleum And Natural Gas Group's Interest Coverage or its related term are showing as below:

SHSE:603619' s Interest Coverage Range Over the Past 10 Years
Min: 2.76   Med: 6.86   Max: 19.48
Current: 3.77


SHSE:603619's Interest Coverage is ranked worse than
61.1% of 730 companies
in the Oil & Gas industry
Industry Median: 6.01 vs SHSE:603619: 3.77

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


Zhongman Petroleum And Natural Gas Group  (SHSE:603619) 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 .


Zhongman Petroleum And Natural Gas Group Interest Coverage Related Terms


Zhongman Petroleum And Natural Gas Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhongman Petroleum And Natural Gas Group'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.

Zhongman Petroleum And Natural Gas Group Interest Coverage Chart

Zhongman Petroleum And Natural Gas Group 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 2.85 9.42 7.96 6.86 4.90

Zhongman Petroleum And Natural Gas Group 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 11.05 3.20 14.78 1.69 2.76

SHSE:603619 vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Zhongman Petroleum And Natural Gas Group'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.


Zhongman Petroleum And Natural Gas Group Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zhongman Petroleum And Natural Gas Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhongman Petroleum And Natural Gas Group's Interest Coverage falls into.


SHSE:603619
84GF Score
Zhongman Petroleum And Natural Gas Group Corp Ltd SHSE:603619
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhongman Petroleum And Natural Gas Group 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.

Zhongman Petroleum And Natural Gas Group'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, Zhongman Petroleum And Natural Gas Group's Interest Expense was ¥-225 Mil. Its Operating Income was ¥1,104 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥1,877 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1103.992/-225.149
=4.90

Zhongman Petroleum And Natural Gas Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Zhongman Petroleum And Natural Gas Group's Interest Expense was ¥-52 Mil. Its Operating Income was ¥142 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥2,363 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*142.046/-51.555
=2.76

* 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 2.76 mean?
Zhongman Petroleum And Natural Gas Group (SHSE:603619) has a Interest Coverage of 2.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhongman Petroleum And Natural Gas Group and its competitors. This is 60% below median its historical median of 6.86. Over the past decade, Zhongman Petroleum And Natural Gas Group's Interest Coverage has ranged from 2.76 to 19.48. According to the industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #446 out of 730 companies in the Oil & Gas industry, placing it in the top 61.1%.
Is Zhongman Petroleum And Natural Gas Group's Interest Coverage too high?
Zhongman Petroleum And Natural Gas Group's current Interest Coverage of 2.76 is 60% below median its 10-year median of 6.86. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 19.48. The Oil & Gas industry median Interest Coverage is 6.01. Zhongman Petroleum And Natural Gas Group's value of 2.76 is 54.1% below this industry median. Based on the distribution chart, Zhongman Petroleum And Natural Gas Group ranks #446 out of 730 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Zhongman Petroleum And Natural Gas Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhongman Petroleum And Natural Gas Group's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #446 out of 730 companies for Interest Coverage. This places Zhongman Petroleum And Natural Gas Group in the lower half of its industry. The industry median Interest Coverage is 6.01. Zhongman Petroleum And Natural Gas Group's value of 2.76 is 54.1% below this benchmark. Historically, Zhongman Petroleum And Natural Gas Group's own Interest Coverage has ranged from 2.76 to 19.48 over the past decade. While the company's 10-year median is 6.86 vs. the industry median of 6.01, Zhongman Petroleum And Natural Gas Group 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 6.01, based on 730 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. Zhongman Petroleum And Natural Gas Group's current Interest Coverage of 2.76 is 54.1% 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 Zhongman Petroleum And Natural Gas Group and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongman Petroleum And Natural Gas Group's current Interest Coverage is 2.76, which is 60% below median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongman Petroleum And Natural Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group (SHSE:603619) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.66, compared to a current price of ¥17.74 — trading 9.8% below its estimated fair value. The current Interest Coverage is 2.76, which is 60% below median its 10-year median of 6.86 and 54.1% below the Oil & Gas industry median of 6.01. Zhongman Petroleum And Natural Gas Group's overall GF Score™ is 84/100 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619), the current Interest Coverage is 2.76 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group stock appears to be undervalued. The current stock price of ¥17.74 is trading 9.8% below its estimated GF Value™ of ¥19.66. GuruFocus considers Zhongman Petroleum And Natural Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:603619:

  • Interest Coverage: 2.76 (60% below median its 10-year median of 6.86)
  • GF Value™: ¥19.66 vs. price of ¥17.74 (9.8% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 54.1% below the Oil & Gas median (#446 of 730)

No single metric tells the full story. See the SHSE:603619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongman Petroleum And Natural Gas Group Business Description

Industry EnergyOil & Gas
Address No. 3998 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306
Zhongman Petroleum And Natural Gas Group Corp Ltd is engaged in Drilling engineering and drilling equipment manufacturing business.
84GF Score

Get the complete analysis for SHSE:603619

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

¥17.74
Price
¥19.66
GF Value