Xiamen Solex High-Tech Industries Co (SHSE:603992) Interest Coverage: 47.86 (As of Mar. 2026) — 87% Above Median

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SHSE:603992 Xiamen Solex High-Tech Industries Co Ltd SHSE:603992
78 GF Score
Price ¥21.62
GF Value ¥20.44
Valuation Fairly Valued
! 4 Warning Signs
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What is Xiamen Solex High-Tech Industries Co Interest Coverage?

Xiamen Solex High-Tech Industries Co SHSE:603992 -1.73% 78 Interest Coverage is 47.86 as of Mar. 2026, which is 87% above its 10-year median of 25.56. GuruFocus rates SHSE:603992 with a GF Score™ of 78/100 and a GF Value™ of ¥20.44 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,358 Construction companies, Xiamen Solex High-Tech Industries Co ranks better than 73.12% 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. Xiamen Solex High-Tech Industries Co's Operating Income for the three months ended in Mar. 2026 was ¥115 Mil. Xiamen Solex High-Tech Industries Co's Interest Expense for the three months ended in Mar. 2026 was ¥-2 Mil. Xiamen Solex High-Tech Industries Co's interest coverage for the quarter that ended in Mar. 2026 was 47.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Xiamen Solex High-Tech Industries Co's Interest Coverage or its related term are showing as below:

SHSE:603992' s Interest Coverage Range Over the Past 10 Years
Min: 12.44   Med: 25.56   Max: No Debt
Current: 27.2


SHSE:603992's Interest Coverage is ranked better than
73.12% of 1358 companies
in the Construction industry
Industry Median: 7.94 vs SHSE:603992: 27.20

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


Xiamen Solex High-Tech Industries Co  (SHSE:603992) 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 .


Xiamen Solex High-Tech Industries Co Interest Coverage Related Terms


Xiamen Solex High-Tech Industries Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Xiamen Solex High-Tech Industries 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.

Xiamen Solex High-Tech Industries Co Interest Coverage Chart

Xiamen Solex High-Tech Industries 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 25.56 12.44 17.26 20.82 19.49

Xiamen Solex High-Tech Industries 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 13.93 23.10 24.94 17.11 47.86

SHSE:603992 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Xiamen Solex High-Tech Industries 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.


Xiamen Solex High-Tech Industries Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Xiamen Solex High-Tech Industries Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Xiamen Solex High-Tech Industries Co's Interest Coverage falls into.


SHSE:603992
78GF Score
Xiamen Solex High-Tech Industries Co Ltd SHSE:603992
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xiamen Solex High-Tech Industries 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.

Xiamen Solex High-Tech Industries 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, Xiamen Solex High-Tech Industries Co's Interest Expense was ¥-10 Mil. Its Operating Income was ¥201 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥257 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*201.09/-10.32
=19.49

Xiamen Solex High-Tech Industries Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Xiamen Solex High-Tech Industries Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥115 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥13 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*114.621/-2.395
=47.86

* 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 47.86 mean?
Xiamen Solex High-Tech Industries Co (SHSE:603992) has a Interest Coverage of 47.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Xiamen Solex High-Tech Industries Co and its competitors. This is 87% above median its historical median of 25.56. Over the past decade, Xiamen Solex High-Tech Industries Co's Interest Coverage has ranged from 12.44 to 10,000.00. According to the industry distribution chart, Xiamen Solex High-Tech Industries Co ranks #365 out of 1358 companies in the Construction industry, placing it in the top 26.9%.
Is Xiamen Solex High-Tech Industries Co's Interest Coverage too high?
Xiamen Solex High-Tech Industries Co's current Interest Coverage of 47.86 is 87% above median its 10-year median of 25.56. Over the past 10 years, this metric has ranged from a low of 12.44 to a high of 10,000.00. The Construction industry median Interest Coverage is 7.94. Xiamen Solex High-Tech Industries Co's value of 47.86 is 502.8% above this industry median. Based on the distribution chart, Xiamen Solex High-Tech Industries Co ranks #365 out of 1358 companies in the Construction industry, which is above the industry midpoint. Overall, Xiamen Solex High-Tech Industries Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Solex High-Tech Industries Co's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Xiamen Solex High-Tech Industries Co ranks #365 out of 1358 companies for Interest Coverage. This puts Xiamen Solex High-Tech Industries Co in the upper half of its industry. The industry median Interest Coverage is 7.94. Xiamen Solex High-Tech Industries Co's value of 47.86 is 502.8% above this benchmark. Historically, Xiamen Solex High-Tech Industries Co's own Interest Coverage has ranged from 12.44 to 10,000.00 over the past decade. While the company's 10-year median is 25.56 vs. the industry median of 7.94, Xiamen Solex High-Tech Industries 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,358 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. Xiamen Solex High-Tech Industries Co's current Interest Coverage of 47.86 is 502.8% 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 Xiamen Solex High-Tech Industries Co and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Solex High-Tech Industries Co's current Interest Coverage is 47.86, which is 87% above median its own 10-year median of 25.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Solex High-Tech Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Solex High-Tech Industries Co (SHSE:603992) is currently considered Fairly Valued. The stock's GF Value™ is ¥20.44, compared to a current price of ¥21.62 — trading 5.8% above its estimated fair value. The current Interest Coverage is 47.86, which is 87% above median its 10-year median of 25.56 and 502.8% above the Construction industry median of 7.94. Xiamen Solex High-Tech Industries Co's overall GF Score™ is 78/100 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 Xiamen Solex High-Tech Industries Co (SHSE:603992), the current Interest Coverage is 47.86 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 Xiamen Solex High-Tech Industries Co (SHSE:603992) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Solex High-Tech Industries Co stock appears to be overvalued. The current stock price of ¥21.62 is trading 5.8% above its estimated GF Value™ of ¥20.44. GuruFocus considers Xiamen Solex High-Tech Industries Co to be Fairly Valued.

Key valuation signals for SHSE:603992:

  • Interest Coverage: 47.86 (87% above median its 10-year median of 25.56)
  • GF Value™: ¥20.44 vs. price of ¥21.62 (5.8% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 502.8% above the Construction median (#365 of 1358)

No single metric tells the full story. See the SHSE:603992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen Solex High-Tech Industries Co Business Description

Address No. 298, Yangguang West Road, Haicang District, Fujian Province, Xiamen, CHN, 361022
Xiamen Solex High-Tech Industries Co Ltd is engaged in the Research, development, production and sales of bathroom accessories such as shower heads, shower systems, faucets, hoses, riser bars and spare parts.
78GF Score

Get the complete analysis for SHSE:603992

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

¥21.62
Price
¥20.44
GF Value