Silvery Dragon Group Co Tianjin (SHSE:603969) Interest Coverage: 19.94 (As of Mar. 2026) — 36% Above Median

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SHSE:603969 Silvery Dragon Group Co Ltd Tianjin SHSE:603969
84 GF Score
Price ¥7.10
GF Value ¥7.54
Valuation Fairly Valued
! 2 Warning Signs
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What is Silvery Dragon Group Co Tianjin Interest Coverage?

Silvery Dragon Group Co Tianjin SHSE:603969 -8.86% 84 Interest Coverage is 19.94 as of Mar. 2026, which is 36% above its 10-year median of 14.63. GuruFocus rates SHSE:603969 with a GF Score™ of 84/100 and a GF Value™ of ¥7.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 457 Steel companies, Silvery Dragon Group Co Tianjin ranks better than 78.12% 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. Silvery Dragon Group Co Tianjin's Operating Income for the three months ended in Mar. 2026 was ¥95 Mil. Silvery Dragon Group Co Tianjin's Interest Expense for the three months ended in Mar. 2026 was ¥-5 Mil. Silvery Dragon Group Co Tianjin's interest coverage for the quarter that ended in Mar. 2026 was 19.94. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Silvery Dragon Group Co Tianjin's Interest Coverage or its related term are showing as below:

SHSE:603969' s Interest Coverage Range Over the Past 10 Years
Min: 6.05   Med: 14.63   Max: 136.14
Current: 23.44


SHSE:603969's Interest Coverage is ranked better than
78.12% of 457 companies
in the Steel industry
Industry Median: 4.39 vs SHSE:603969: 23.44

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


Silvery Dragon Group Co Tianjin  (SHSE:603969) 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 .


Silvery Dragon Group Co Tianjin Interest Coverage Related Terms


Silvery Dragon Group Co Tianjin Interest Coverage Historical Data

* Premium members only.

The historical data trend for Silvery Dragon Group Co Tianjin'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.

Silvery Dragon Group Co Tianjin Interest Coverage Chart

Silvery Dragon Group Co Tianjin 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 11.32 7.07 15.49 15.86 22.45

Silvery Dragon Group Co Tianjin 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 16.04 19.82 30.66 24.67 19.94

SHSE:603969 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Silvery Dragon Group Co Tianjin'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.


Silvery Dragon Group Co Tianjin Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Silvery Dragon Group Co Tianjin's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Silvery Dragon Group Co Tianjin's Interest Coverage falls into.


SHSE:603969
84GF Score
Silvery Dragon Group Co Ltd Tianjin SHSE:603969
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silvery Dragon Group Co Tianjin 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.

Silvery Dragon Group Co Tianjin'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, Silvery Dragon Group Co Tianjin's Interest Expense was ¥-24 Mil. Its Operating Income was ¥541 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥255 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*540.592/-24.083
=22.45

Silvery Dragon Group Co Tianjin's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Silvery Dragon Group Co Tianjin's Interest Expense was ¥-5 Mil. Its Operating Income was ¥95 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥308 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*94.529/-4.741
=19.94

* 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 19.94 mean?
Silvery Dragon Group Co Tianjin (SHSE:603969) has a Interest Coverage of 19.94 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Silvery Dragon Group Co Tianjin and its competitors. This is 36% above median its historical median of 14.63. Over the past decade, Silvery Dragon Group Co Tianjin's Interest Coverage has ranged from 6.05 to 136.14. According to the industry distribution chart, Silvery Dragon Group Co Tianjin ranks #100 out of 457 companies in the Steel industry, placing it in the top 21.9%.
Is Silvery Dragon Group Co Tianjin's Interest Coverage too high?
Silvery Dragon Group Co Tianjin's current Interest Coverage of 19.94 is 36% above median its 10-year median of 14.63. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 136.14. The Steel industry median Interest Coverage is 4.39. Silvery Dragon Group Co Tianjin's value of 19.94 is 354.2% above this industry median. Based on the distribution chart, Silvery Dragon Group Co Tianjin ranks #100 out of 457 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Silvery Dragon Group Co Tianjin has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Silvery Dragon Group Co Tianjin's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Silvery Dragon Group Co Tianjin ranks #100 out of 457 companies for Interest Coverage. This places Silvery Dragon Group Co Tianjin in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.39. Silvery Dragon Group Co Tianjin's value of 19.94 is 354.2% above this benchmark. Historically, Silvery Dragon Group Co Tianjin's own Interest Coverage has ranged from 6.05 to 136.14 over the past decade. While the company's 10-year median is 14.63 vs. the industry median of 4.39, Silvery Dragon Group Co Tianjin 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 Steel company?
The median Interest Coverage among Steel companies is 4.39, based on 457 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. Silvery Dragon Group Co Tianjin's current Interest Coverage of 19.94 is 354.2% 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 Silvery Dragon Group Co Tianjin and its competitors. For the Steel industry, the median Interest Coverage is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvery Dragon Group Co Tianjin's current Interest Coverage is 19.94, which is 36% above median its own 10-year median of 14.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvery Dragon Group Co Tianjin stock overvalued right now?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin (SHSE:603969) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.54, compared to a current price of ¥7.10 — trading 5.8% below its estimated fair value. The current Interest Coverage is 19.94, which is 36% above median its 10-year median of 14.63 and 354.2% above the Steel industry median of 4.39. Silvery Dragon Group Co Tianjin's overall GF Score™ is 84/100 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 Silvery Dragon Group Co Tianjin (SHSE:603969), the current Interest Coverage is 19.94 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 Silvery Dragon Group Co Tianjin (SHSE:603969) Overvalued in 2026?

Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin stock appears to be undervalued. The current stock price of ¥7.10 is trading 5.8% below its estimated GF Value™ of ¥7.54. GuruFocus considers Silvery Dragon Group Co Tianjin to be Fairly Valued.

Key valuation signals for SHSE:603969:

  • Interest Coverage: 19.94 (36% above median its 10-year median of 14.63)
  • GF Value™: ¥7.54 vs. price of ¥7.10 (5.8% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 354.2% above the Steel median (#100 of 457)

No single metric tells the full story. See the SHSE:603969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Silvery Dragon Group Co Tianjin Business Description

Address No.62 Shuangjiang Road, Shuangyuan Industry Park, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Group Co Ltd Tianjin is engaged in the research, development, production, and sale of steel for prestressed concrete. Its licensed business activities include the production of steel bar products for construction, the undertaking of construction projects and the design of construction projects.
84GF Score

Get the complete analysis for SHSE:603969

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

¥7.10
Price
¥7.54
GF Value