Shanghai Putailai New Energy Technology Group Co (SHSE:603659) Interest Coverage: 15.13 (As of Mar. 2026) — Near Median

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SHSE:603659 Shanghai Putailai New Energy Technology Group Co Ltd SHSE:603659
97 GF Score
Price ¥24.00
GF Value ¥25.07
Valuation Fairly Valued
! 6 Warning Signs
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What is Shanghai Putailai New Energy Technology Group Co Interest Coverage?

Shanghai Putailai New Energy Technology Group Co SHSE:603659 -2.48% 97 Interest Coverage is 15.13 as of Mar. 2026, which is 9% above its 10-year median of 13.86. GuruFocus rates SHSE:603659 with a GF Score™ of 97/100 and a GF Value™ of ¥25.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,240 Chemicals companies, Shanghai Putailai New Energy Technology Group Co ranks better than 56.45% 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. Shanghai Putailai New Energy Technology Group Co's Operating Income for the three months ended in Mar. 2026 was ¥889 Mil. Shanghai Putailai New Energy Technology Group Co's Interest Expense for the three months ended in Mar. 2026 was ¥-59 Mil. Shanghai Putailai New Energy Technology Group Co's interest coverage for the quarter that ended in Mar. 2026 was 15.13. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shanghai Putailai New Energy Technology Group Co's Interest Coverage or its related term are showing as below:

SHSE:603659' s Interest Coverage Range Over the Past 10 Years
Min: 8.04   Med: 13.86   Max: 184.12
Current: 14.76


SHSE:603659's Interest Coverage is ranked better than
56.45% of 1240 companies
in the Chemicals industry
Industry Median: 10.355 vs SHSE:603659: 14.76

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


Shanghai Putailai New Energy Technology Group Co  (SHSE:603659) 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 .


Shanghai Putailai New Energy Technology Group Co Interest Coverage Related Terms


Shanghai Putailai New Energy Technology Group Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shanghai Putailai New Energy Technology Group 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.

Shanghai Putailai New Energy Technology Group Co Interest Coverage Chart

Shanghai Putailai New Energy Technology Group 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 26.32 25.46 13.65 9.22 14.06

Shanghai Putailai New Energy Technology Group 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 12.24 12.14 14.31 18.39 15.13

SHSE:603659 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Shanghai Putailai New Energy Technology Group 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.


Shanghai Putailai New Energy Technology Group Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Putailai New Energy Technology Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai Putailai New Energy Technology Group Co's Interest Coverage falls into.


SHSE:603659
97GF Score
Shanghai Putailai New Energy Technology Group Co Ltd SHSE:603659
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Putailai New Energy Technology Group 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.

Shanghai Putailai New Energy Technology Group 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, Shanghai Putailai New Energy Technology Group Co's Interest Expense was ¥-235 Mil. Its Operating Income was ¥3,310 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥3,506 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3309.89/-235.486
=14.06

Shanghai Putailai New Energy Technology Group Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shanghai Putailai New Energy Technology Group Co's Interest Expense was ¥-59 Mil. Its Operating Income was ¥889 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥4,359 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*888.509/-58.717
=15.13

* 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 15.13 mean?
Shanghai Putailai New Energy Technology Group Co (SHSE:603659) has a Interest Coverage of 15.13 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanghai Putailai New Energy Technology Group Co and its competitors. This is near median its historical median of 13.86. Over the past decade, Shanghai Putailai New Energy Technology Group Co's Interest Coverage has ranged from 8.04 to 184.12. According to the industry distribution chart, Shanghai Putailai New Energy Technology Group Co ranks #540 out of 1240 companies in the Chemicals industry, placing it in the top 43.5%.
Is Shanghai Putailai New Energy Technology Group Co's Interest Coverage too high?
Shanghai Putailai New Energy Technology Group Co's current Interest Coverage of 15.13 is near median its 10-year median of 13.86. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 184.12. The Chemicals industry median Interest Coverage is 10.36. Shanghai Putailai New Energy Technology Group Co's value of 15.13 is 46.1% above this industry median. Based on the distribution chart, Shanghai Putailai New Energy Technology Group Co ranks #540 out of 1240 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shanghai Putailai New Energy Technology Group Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Putailai New Energy Technology Group Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Putailai New Energy Technology Group Co ranks #540 out of 1240 companies for Interest Coverage. This puts Shanghai Putailai New Energy Technology Group Co in the upper half of its industry. The industry median Interest Coverage is 10.36. Shanghai Putailai New Energy Technology Group Co's value of 15.13 is 46.1% above this benchmark. Historically, Shanghai Putailai New Energy Technology Group Co's own Interest Coverage has ranged from 8.04 to 184.12 over the past decade. While the company's 10-year median is 13.86 vs. the industry median of 10.36, Shanghai Putailai New Energy Technology Group Co has consistently been above 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.36, based on 1,240 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. Shanghai Putailai New Energy Technology Group Co's current Interest Coverage of 15.13 is 46.1% above 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 Shanghai Putailai New Energy Technology Group Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Putailai New Energy Technology Group Co's current Interest Coverage is 15.13, which is near median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Putailai New Energy Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Putailai New Energy Technology Group Co (SHSE:603659) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.07, compared to a current price of ¥24.00 — trading 4.3% below its estimated fair value. The current Interest Coverage is 15.13, which is near median its 10-year median of 13.86 and 46.1% above the Chemicals industry median of 10.36. Shanghai Putailai New Energy Technology Group Co's overall GF Score™ is 97/100 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 Shanghai Putailai New Energy Technology Group Co (SHSE:603659), the current Interest Coverage is 15.13 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 Shanghai Putailai New Energy Technology Group Co (SHSE:603659) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Putailai New Energy Technology Group Co stock appears to be undervalued. The current stock price of ¥24.00 is trading 4.3% below its estimated GF Value™ of ¥25.07. GuruFocus considers Shanghai Putailai New Energy Technology Group Co to be Fairly Valued.

Key valuation signals for SHSE:603659:

  • Interest Coverage: 15.13 (near median its 10-year median of 13.86)
  • GF Value™: ¥25.07 vs. price of ¥24.00 (4.3% below fair value)
  • GF Score™: 97/100 with 6 warning signs
  • Industry Position: 46.1% above the Chemicals median (#540 of 1240)

No single metric tells the full story. See the SHSE:603659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Putailai New Energy Technology Group Co Business Description

Address No. 116, Lane 456, Dieqiao Road, Pudong New Area, Shanghai, CHN, 201315
Shanghai Putailai New Energy Technology Group Co Ltd engages in research, development, production, and sales of key materials and process equipment for the lithium-ion battery industry, including anode materials, automatic coating machines, coating separators, aluminum-plastic packaging films, and nano alumina. It provides downstream customers with comprehensive solutions for new energy lithium-ion battery materials and process equipment. The company supports industrial synergy across key business value chains through channel sharing, R&D cooperation, and process support.
97GF Score

Get the complete analysis for SHSE:603659

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

¥24.00
Price
¥25.07
GF Value