Fujian Raynen Technology Co (SHSE:603933) Interest Coverage: 14.71 (As of Mar. 2026) — 96% Above Median

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SHSE:603933 Fujian Raynen Technology Co Ltd SHSE:603933
79 GF Score
Price ¥18.26
GF Value ¥19.62
Valuation Fairly Valued
! 4 Warning Signs
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What is Fujian Raynen Technology Co Interest Coverage?

Fujian Raynen Technology Co SHSE:603933 +5.06% 79 Interest Coverage is 14.71 as of Mar. 2026, which is 96% above its 10-year median of 7.50. GuruFocus rates SHSE:603933 with a GF Score™ of 79/100 and a GF Value™ of ¥19.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,668 Hardware companies, Fujian Raynen Technology Co ranks worse than 68.35% 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. Fujian Raynen Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥56 Mil. Fujian Raynen Technology Co's Interest Expense for the three months ended in Mar. 2026 was ¥-4 Mil. Fujian Raynen Technology Co's interest coverage for the quarter that ended in Mar. 2026 was 14.71. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Fujian Raynen Technology Co's Interest Coverage or its related term are showing as below:

SHSE:603933' s Interest Coverage Range Over the Past 10 Years
Min: 3.62   Med: 7.5   Max: 26.16
Current: 6.57


SHSE:603933's Interest Coverage is ranked worse than
68.35% of 1668 companies
in the Hardware industry
Industry Median: 13.84 vs SHSE:603933: 6.57

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


Fujian Raynen Technology Co  (SHSE:603933) 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 .


Fujian Raynen Technology Co Interest Coverage Related Terms


Fujian Raynen Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fujian Raynen Technology 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.

Fujian Raynen Technology Co Interest Coverage Chart

Fujian Raynen Technology 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 18.39 7.25 6.39 7.74 5.15

Fujian Raynen Technology 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 9.15 10.44 2.09 0.00 14.71

SHSE:603933 vs DELL, ANET, SNDK: Interest Coverage Comparison

For the Computer Hardware subindustry, Fujian Raynen Technology 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.


Fujian Raynen Technology Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Fujian Raynen Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fujian Raynen Technology Co's Interest Coverage falls into.


SHSE:603933
79GF Score
Fujian Raynen Technology Co Ltd SHSE:603933
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Raynen Technology 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.

Fujian Raynen Technology 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, Fujian Raynen Technology Co's Interest Expense was ¥-15 Mil. Its Operating Income was ¥78 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥86 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*78.15/-15.181
=5.15

Fujian Raynen Technology Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Fujian Raynen Technology Co's Interest Expense was ¥-4 Mil. Its Operating Income was ¥56 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥140 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*56.353/-3.832
=14.71

* 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 14.71 mean?
Fujian Raynen Technology Co (SHSE:603933) has a Interest Coverage of 14.71 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fujian Raynen Technology Co and its competitors. This is 96% above median its historical median of 7.50. Over the past decade, Fujian Raynen Technology Co's Interest Coverage has ranged from 3.62 to 26.16. According to the industry distribution chart, Fujian Raynen Technology Co ranks #1140 out of 1668 companies in the Hardware industry, placing it in the top 68.3%.
Is Fujian Raynen Technology Co's Interest Coverage too high?
Fujian Raynen Technology Co's current Interest Coverage of 14.71 is 96% above median its 10-year median of 7.50. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 26.16. The Hardware industry median Interest Coverage is 13.84. Fujian Raynen Technology Co's value of 14.71 is 6.3% above this industry median. Based on the distribution chart, Fujian Raynen Technology Co ranks #1140 out of 1668 companies in the Hardware industry, which is below the industry midpoint. Overall, Fujian Raynen Technology Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Raynen Technology Co's Interest Coverage compare to DELL and ANET?
According to the Hardware industry distribution chart, Fujian Raynen Technology Co ranks #1140 out of 1668 companies for Interest Coverage. This places Fujian Raynen Technology Co in the lower half of its industry. The industry median Interest Coverage is 13.84. Fujian Raynen Technology Co's value of 14.71 is 6.3% above this benchmark. Historically, Fujian Raynen Technology Co's own Interest Coverage has ranged from 3.62 to 26.16 over the past decade. While the company's 10-year median is 7.50 vs. the industry median of 13.84, Fujian Raynen Technology 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.84, based on 1,668 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. Fujian Raynen Technology Co's current Interest Coverage of 14.71 is 6.3% 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 Fujian Raynen Technology Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Raynen Technology Co's current Interest Coverage is 14.71, which is 96% above median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Raynen Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Raynen Technology Co (SHSE:603933) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.62, compared to a current price of ¥18.26 — trading 6.9% below its estimated fair value. The current Interest Coverage is 14.71, which is 96% above median its 10-year median of 7.50 and 6.3% above the Hardware industry median of 13.84. Fujian Raynen Technology Co's overall GF Score™ is 79/100 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 Fujian Raynen Technology Co (SHSE:603933), the current Interest Coverage is 14.71 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 Fujian Raynen Technology Co (SHSE:603933) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Raynen Technology Co stock appears to be undervalued. The current stock price of ¥18.26 is trading 6.9% below its estimated GF Value™ of ¥19.62. GuruFocus considers Fujian Raynen Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603933:

  • Interest Coverage: 14.71 (96% above median its 10-year median of 7.50)
  • GF Value™: ¥19.62 vs. price of ¥18.26 (6.9% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 6.3% above the Hardware median (#1140 of 1668)

No single metric tells the full story. See the SHSE:603933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Raynen Technology Co Business Description

Address 3rd Floor, Building A, No. 26, Section C, Software Park, No. 89, Software Avenue, Tongpan Road, Gulou District, Fujian Province, Fuzhou, CHN, 350003
Fujian Raynen Technology Co Ltd specializes in R&D, production and sales of needle spinning electronic control, textile servo drives and intelligent lighting power supply. Its subsidiaries include application software development in the knitting industry, distribution of IC products, distribution of industrial electrical automation products and system integration.
79GF Score

Get the complete analysis for SHSE:603933

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

¥18.26
Price
¥19.62
GF Value