Hangzhou Greenda Electronic Materials Co (SHSE:603931) Interest Coverage: 320.51 (As of Mar. 2026) — 73% Above Median

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SHSE:603931 Hangzhou Greenda Electronic Materials Co Ltd SHSE:603931
67 GF Score
Price ¥38.00
GF Value ¥22.98
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hangzhou Greenda Electronic Materials Co Interest Coverage?

Hangzhou Greenda Electronic Materials Co SHSE:603931 -2.01% 67 Interest Coverage is 320.51 as of Mar. 2026, which is 73% above its 10-year median of 185.69. GuruFocus rates SHSE:603931 with a GF Score™ of 67/100 and a GF Value™ of ¥22.98 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,233 Chemicals companies, Hangzhou Greenda Electronic Materials Co ranks better than 91.32% 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. Hangzhou Greenda Electronic Materials Co's Operating Income for the three months ended in Mar. 2026 was ¥31.1 Mil. Hangzhou Greenda Electronic Materials Co's Interest Expense for the three months ended in Mar. 2026 was ¥-0.1 Mil. Hangzhou Greenda Electronic Materials Co's interest coverage for the quarter that ended in Mar. 2026 was 320.51. 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. Hangzhou Greenda Electronic Materials Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Hangzhou Greenda Electronic Materials Co's Interest Coverage or its related term are showing as below:

SHSE:603931' s Interest Coverage Range Over the Past 10 Years
Min: 11.17   Med: 185.69   Max: 14874.58
Current: 295.58


SHSE:603931's Interest Coverage is ranked better than
91.32% of 1233 companies
in the Chemicals industry
Industry Median: 10.26 vs SHSE:603931: 295.58

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


Hangzhou Greenda Electronic Materials Co  (SHSE:603931) 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 .


Hangzhou Greenda Electronic Materials Co Interest Coverage Related Terms


Hangzhou Greenda Electronic Materials Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials Co Interest Coverage Chart

Hangzhou Greenda Electronic Materials 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 4,039.42 14,874.58 2,073.75 397.41 291.74

Hangzhou Greenda Electronic Materials 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 300.36 280.74 297.19 285.47 320.51

SHSE:603931 vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Hangzhou Greenda Electronic Materials 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.


Hangzhou Greenda Electronic Materials Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hangzhou Greenda Electronic Materials Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hangzhou Greenda Electronic Materials Co's Interest Coverage falls into.


SHSE:603931
67GF Score
Hangzhou Greenda Electronic Materials Co Ltd SHSE:603931
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials 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, Hangzhou Greenda Electronic Materials Co's Interest Expense was ¥-0.4 Mil. Its Operating Income was ¥121.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥8.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*121.655/-0.417
=291.74

Hangzhou Greenda Electronic Materials Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hangzhou Greenda Electronic Materials Co's Interest Expense was ¥-0.1 Mil. Its Operating Income was ¥31.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥8.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*31.089/-0.097
=320.51

* 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 320.51 mean?
Hangzhou Greenda Electronic Materials Co (SHSE:603931) has a Interest Coverage of 320.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hangzhou Greenda Electronic Materials Co and its competitors. This is 73% above median its historical median of 185.69. Over the past decade, Hangzhou Greenda Electronic Materials Co's Interest Coverage has ranged from 11.17 to 14,874.58. According to the industry distribution chart, Hangzhou Greenda Electronic Materials Co ranks #107 out of 1233 companies in the Chemicals industry, placing it in the top 8.7%.
Is Hangzhou Greenda Electronic Materials Co's Interest Coverage too high?
Hangzhou Greenda Electronic Materials Co's current Interest Coverage of 320.51 is 73% above median its 10-year median of 185.69. Over the past 10 years, this metric has ranged from a low of 11.17 to a high of 14,874.58. The Chemicals industry median Interest Coverage is 10.26. Hangzhou Greenda Electronic Materials Co's value of 320.51 is 3023.9% above this industry median. Based on the distribution chart, Hangzhou Greenda Electronic Materials Co ranks #107 out of 1233 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou Greenda Electronic Materials Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Greenda Electronic Materials Co's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Hangzhou Greenda Electronic Materials Co ranks #107 out of 1233 companies for Interest Coverage. This places Hangzhou Greenda Electronic Materials Co in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.26. Hangzhou Greenda Electronic Materials Co's value of 320.51 is 3023.9% above this benchmark. Historically, Hangzhou Greenda Electronic Materials Co's own Interest Coverage has ranged from 11.17 to 14,874.58 over the past decade. While the company's 10-year median is 185.69 vs. the industry median of 10.26, Hangzhou Greenda Electronic Materials 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 10.26, based on 1,233 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. Hangzhou Greenda Electronic Materials Co's current Interest Coverage of 320.51 is 3023.9% 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 Hangzhou Greenda Electronic Materials Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Greenda Electronic Materials Co's current Interest Coverage is 320.51, which is 73% above median its own 10-year median of 185.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Greenda Electronic Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co (SHSE:603931) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.98, compared to a current price of ¥38.00 — trading 65.4% above its estimated fair value. The current Interest Coverage is 320.51, which is 73% above median its 10-year median of 185.69 and 3023.9% above the Chemicals industry median of 10.26. Hangzhou Greenda Electronic Materials Co's overall GF Score™ is 67/100 with 2 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931), the current Interest Coverage is 320.51 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co stock appears to be overvalued. The current stock price of ¥38.00 is trading 65.4% above its estimated GF Value™ of ¥22.98. GuruFocus considers Hangzhou Greenda Electronic Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603931:

  • Interest Coverage: 320.51 (73% above median its 10-year median of 185.69)
  • GF Value™: ¥22.98 vs. price of ¥38.00 (65.4% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 3023.9% above the Chemicals median (#107 of 1233)

No single metric tells the full story. See the SHSE:603931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Greenda Electronic Materials Co Business Description

Address No. 9936, Hong15 Road, Linjiang Industrial Park, Xiaoshan, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311228
Hangzhou Greenda Electronic Materials Co Ltd is engaged in production and sales of ultra-clean and high-purity wet electronic chemicals. The company is a developer of TMAH and provides various electronic chemical products for TFT-LCD, IC, PV and other industries and integrated management services. Its products include Hydrochloric Acid, Sulphuric acid, Phosphoric acid, Nitric acid, Tetramethylammonium Hydroxide, Isopropanol, Potassium Hydroxide, among others.
67GF Score

Get the complete analysis for SHSE:603931

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

¥38.00
Price
¥22.98
GF Value