Shanghai M&G Stationery (SHSE:603899) Interest Coverage: 42.22 (As of Jun. 2026) — 67% Below Median

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SHSE:603899 Shanghai M&G Stationery Inc SHSE:603899
90 GF Score
Price ¥21.74
GF Value ¥32.17
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Shanghai M&G Stationery Interest Coverage?

Shanghai M&G Stationery SHSE:603899 -0.82% 90 Interest Coverage is 42.22 as of Jun. 2026, which is 67% below its 10-year median of 129.06. GuruFocus rates SHSE:603899 with a GF Score™ of 90/100 and a GF Value™ of ¥32.17 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,309 Industrial Products companies, Shanghai M&G Stationery ranks better than 75.4% 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 M&G Stationery's Operating Income for the three months ended in Jun. 2026 was ¥294 Mil. Shanghai M&G Stationery's Interest Expense for the three months ended in Jun. 2026 was ¥0 Mil. Shanghai M&G Stationery's interest coverage for the quarter that ended in Jun. 2026 was 42.22. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shanghai M&G Stationery Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Shanghai M&G Stationery's Interest Coverage or its related term are showing as below:

SHSE:603899' s Interest Coverage Range Over the Past 10 Years
Min: 58.03   Med: 129.06   Max: 1110.6
Current: 59.16


SHSE:603899's Interest Coverage is ranked better than
75.4% of 2309 companies
in the Industrial Products industry
Industry Median: 14.65 vs SHSE:603899: 59.16

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 M&G Stationery  (SHSE:603899) 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 M&G Stationery Interest Coverage Related Terms


Shanghai M&G Stationery Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shanghai M&G Stationery'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 M&G Stationery Interest Coverage Chart

Shanghai M&G Stationery 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 57.30 73.26 54.13 42.80 40.39

Shanghai M&G Stationery 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 33.13 59.72 63.83 47.94 42.22

Shanghai M&G Stationery Interest Coverage Competitor Comparison

For the Business Equipment & Supplies subindustry, Shanghai M&G Stationery'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 M&G Stationery Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai M&G Stationery's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai M&G Stationery's Interest Coverage falls into.


SHSE:603899
90GF Score
Shanghai M&G Stationery Inc SHSE:603899
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai M&G Stationery 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 M&G Stationery'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 M&G Stationery's Interest Expense was ¥0 Mil. Its Operating Income was ¥1,466 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥251 Mil.

GuruFocus does not calculate Shanghai M&G Stationery's interest coverage with the available data.

Shanghai M&G Stationery's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Shanghai M&G Stationery's Interest Expense was ¥0 Mil. Its Operating Income was ¥294 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥231 Mil.

GuruFocus does not calculate Shanghai M&G Stationery's interest coverage with the available 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.

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 42.22 mean?
Shanghai M&G Stationery (SHSE:603899) has a Interest Coverage of 42.22 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanghai M&G Stationery and its competitors. This is 67% below median its historical median of 129.06. Over the past decade, Shanghai M&G Stationery's Interest Coverage has ranged from 58.03 to 1,110.60. According to the industry distribution chart, Shanghai M&G Stationery ranks #568 out of 2309 companies in the Industrial Products industry, placing it in the top 24.6%.
Is Shanghai M&G Stationery's Interest Coverage too high?
Shanghai M&G Stationery's current Interest Coverage of 42.22 is 67% below median its 10-year median of 129.06. Over the past 10 years, this metric has ranged from a low of 58.03 to a high of 1,110.60. The Industrial Products industry median Interest Coverage is 14.65. Shanghai M&G Stationery's value of 42.22 is 188.2% above this industry median. Based on the distribution chart, Shanghai M&G Stationery ranks #568 out of 2309 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai M&G Stationery has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai M&G Stationery's Interest Coverage compare to competitors?
According to the Industrial Products industry distribution chart, Shanghai M&G Stationery ranks #568 out of 2309 companies for Interest Coverage. This places Shanghai M&G Stationery in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.65. Shanghai M&G Stationery's value of 42.22 is 188.2% above this benchmark. Historically, Shanghai M&G Stationery's own Interest Coverage has ranged from 58.03 to 1,110.60 over the past decade. While the company's 10-year median is 129.06 vs. the industry median of 14.65, Shanghai M&G Stationery 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.65, based on 2,309 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 M&G Stationery's current Interest Coverage of 42.22 is 188.2% 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 M&G Stationery and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai M&G Stationery's current Interest Coverage is 42.22, which is 67% below median its own 10-year median of 129.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai M&G Stationery stock overvalued right now?
Based on GuruFocus' analysis, Shanghai M&G Stationery (SHSE:603899) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥32.17, compared to a current price of ¥21.74 — trading 32.4% below its estimated fair value. The current Interest Coverage is 42.22, which is 67% below median its 10-year median of 129.06 and 188.2% above the Industrial Products industry median of 14.65. Shanghai M&G Stationery's overall GF Score™ is 90/100 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 Shanghai M&G Stationery (SHSE:603899), the current Interest Coverage is 42.22 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 Shanghai M&G Stationery (SHSE:603899) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai M&G Stationery stock appears to be undervalued. The current stock price of ¥21.74 is trading 32.4% below its estimated GF Value™ of ¥32.17. GuruFocus considers Shanghai M&G Stationery to be Significantly Undervalued.

Key valuation signals for SHSE:603899:

  • Interest Coverage: 42.22 (67% below median its 10-year median of 129.06)
  • GF Value™: ¥32.17 vs. price of ¥21.74 (32.4% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 188.2% above the Industrial Products median (#568 of 2309)

No single metric tells the full story. See the SHSE:603899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai M&G Stationery Business Description

Address No.5, Lane 288, Qianfan Road, Xinqiao Town, Songjiang District, Shanghai, CHN, 201612
Shanghai M&G Stationery Inc is engaged in the production and distribution of stationery products in China. The company operates in two segments: the Office direct sales business and the Traditional core business. The Traditional core business is engaged in developing, manufacturing, and selling writing instruments, student stationery, office supplies, and other products. Its products include such as ballpoint pens, gel pens, mechanical pencils, highlighters, markers, roller pens, erasable gel pens, Pen refills, and other stationery. The Office direct sales business segment is mainly engaged in providing governments, public institutions, companies, and other small and medium enterprises (SMEs) with a one-stop supplies procurement service.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥21.74
Price
¥32.17
GF Value