Hwatsing Technology Co (SHSE:688120) Interest Coverage: 86.34 (As of Mar. 2026) — Near Median


SHSE:688120 Hwatsing Technology Co Ltd SHSE:688120
75 GF Score
Price ¥344.00
GF Value ¥140.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hwatsing Technology Co Interest Coverage?

Hwatsing Technology Co SHSE:688120 +16.61% 75 Interest Coverage is 86.34 as of Mar. 2026, which is 6% above its 10-year median of 81.32. GuruFocus rates SHSE:688120 with a GF Score™ of 75/100 and a GF Value™ of ¥140.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 635 Semiconductors companies, Hwatsing Technology Co ranks better than 75.75% 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. Hwatsing Technology Co's Operating Income for the three months ended in Mar. 2026 was ¥284 Mil. Hwatsing Technology Co's Interest Expense for the three months ended in Mar. 2026 was ¥-3 Mil. Hwatsing Technology Co's interest coverage for the quarter that ended in Mar. 2026 was 86.34. 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. Hwatsing Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SHSE:688120' s Interest Coverage Range Over the Past 10 Years
Min: 12.96   Med: 81.32   Max: 127.86
Current: 124.03


SHSE:688120's Interest Coverage is ranked better than
75.75% of 635 companies
in the Semiconductors industry
Industry Median: 20.32 vs SHSE:688120: 124.03

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


Hwatsing Technology Co  (SHSE:688120) 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 .


Hwatsing Technology Co Interest Coverage Related Terms


Hwatsing Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hwatsing 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.

Hwatsing Technology Co Interest Coverage Chart

Hwatsing Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 50.76 90.06 74.76 87.88 127.86

Hwatsing 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 90.29 116.13 164.98 160.49 86.34

SHSE:688120 vs AMAT, LRCX, KLAC: Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, Hwatsing 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.


Hwatsing Technology Co Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hwatsing Technology Co's Interest Coverage distribution charts can be found below:

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


SHSE:688120
75GF Score
Hwatsing Technology Co Ltd SHSE:688120
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwatsing 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.

Hwatsing 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, Hwatsing Technology Co's Interest Expense was ¥-9 Mil. Its Operating Income was ¥1,123 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥265 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1123.238/-8.785
=127.86

Hwatsing 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, Hwatsing Technology Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥284 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥265 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*284.407/-3.294
=86.34

* 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 86.34 mean?
Hwatsing Technology Co (SHSE:688120) has a Interest Coverage of 86.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hwatsing Technology Co and its competitors. This is near median its historical median of 81.32. Over the past decade, Hwatsing Technology Co's Interest Coverage has ranged from 12.96 to 127.86. According to the industry distribution chart, Hwatsing Technology Co ranks #154 out of 635 companies in the Semiconductors industry, placing it in the top 24.3%.
Is Hwatsing Technology Co's Interest Coverage too high?
Hwatsing Technology Co's current Interest Coverage of 86.34 is near median its 10-year median of 81.32. Over the past 10 years, this metric has ranged from a low of 12.96 to a high of 127.86. The Semiconductors industry median Interest Coverage is 20.32. Hwatsing Technology Co's value of 86.34 is 324.9% above this industry median. Based on the distribution chart, Hwatsing Technology Co ranks #154 out of 635 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Hwatsing Technology Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwatsing Technology Co's Interest Coverage compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Hwatsing Technology Co ranks #154 out of 635 companies for Interest Coverage. This places Hwatsing Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 20.32. Hwatsing Technology Co's value of 86.34 is 324.9% above this benchmark. Historically, Hwatsing Technology Co's own Interest Coverage has ranged from 12.96 to 127.86 over the past decade. While the company's 10-year median is 81.32 vs. the industry median of 20.32, Hwatsing 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. Hwatsing Technology Co's current Interest Coverage of 86.34 is 324.9% 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 Hwatsing Technology Co and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwatsing Technology Co's current Interest Coverage is 86.34, which is near median its own 10-year median of 81.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwatsing Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hwatsing Technology Co (SHSE:688120) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥140.50, compared to a current price of ¥344.00 — trading 144.8% above its estimated fair value. The current Interest Coverage is 86.34, which is near median its 10-year median of 81.32 and 324.9% above the Semiconductors industry median of 20.32. Hwatsing Technology Co's overall GF Score™ is 75/100 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 Hwatsing Technology Co (SHSE:688120), the current Interest Coverage is 86.34 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 Hwatsing Technology Co (SHSE:688120) Overvalued in 2026?

Based on GuruFocus' analysis, Hwatsing Technology Co stock appears to be overvalued. The current stock price of ¥344.00 is trading 144.8% above its estimated GF Value™ of ¥140.50. GuruFocus considers Hwatsing Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688120:

  • Interest Coverage: 86.34 (near median its 10-year median of 81.32)
  • GF Value™: ¥140.50 vs. price of ¥344.00 (144.8% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 324.9% above the Semiconductors median (#154 of 635)

No single metric tells the full story. See the SHSE:688120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwatsing Technology Co Business Description

Address No. 11, Juxing Road, Xianshuigu Town, Jinnan District, Tianjin, CHN, 300350
Hwatsing Technology Co Ltd is engaged in research and development, production, sales, and technical services of semiconductor special equipment.
75GF Score

Get the complete analysis for SHSE:688120

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

¥344.00
Price
¥140.50
GF Value