Shenzhen Qingyi Photomask (SHSE:688138) Interest Coverage: 16.87 (As of Mar. 2026) — 40% Below Median


SHSE:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
86 GF Score
Price ¥42.39
GF Value ¥30.82
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shenzhen Qingyi Photomask Interest Coverage?

Shenzhen Qingyi Photomask SHSE:688138 -7.24% 86 Interest Coverage is 16.87 as of Mar. 2026, which is 40% below its 10-year median of 28.21. GuruFocus rates SHSE:688138 with a GF Score™ of 86/100 and a GF Value™ of ¥30.82 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,672 Hardware companies, Shenzhen Qingyi Photomask ranks better than 53.95% 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. Shenzhen Qingyi Photomask's Operating Income for the three months ended in Mar. 2026 was ¥69 Mil. Shenzhen Qingyi Photomask's Interest Expense for the three months ended in Mar. 2026 was ¥-4 Mil. Shenzhen Qingyi Photomask's interest coverage for the quarter that ended in Mar. 2026 was 16.87. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shenzhen Qingyi Photomask's Interest Coverage or its related term are showing as below:

SHSE:688138' s Interest Coverage Range Over the Past 10 Years
Min: 9.46   Med: 28.21   Max: 1166.04
Current: 17.18


SHSE:688138's Interest Coverage is ranked better than
53.95% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs SHSE:688138: 17.18

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


Shenzhen Qingyi Photomask  (SHSE:688138) 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 .


Shenzhen Qingyi Photomask Interest Coverage Related Terms


Shenzhen Qingyi Photomask Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask Interest Coverage Chart

Shenzhen Qingyi Photomask 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 12.47 18.96 31.62 9.46 13.53

Shenzhen Qingyi Photomask 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 8.80 10.81 14.84 226.17 16.87

SHSE:688138 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's Interest Coverage falls into.


SHSE:688138
86GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Qingyi Photomask 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.

Shenzhen Qingyi Photomask'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, Shenzhen Qingyi Photomask's Interest Expense was ¥-18 Mil. Its Operating Income was ¥250 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥253 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*249.554/-18.443
=13.53

Shenzhen Qingyi Photomask's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shenzhen Qingyi Photomask's Interest Expense was ¥-4 Mil. Its Operating Income was ¥69 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥263 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*68.979/-4.09
=16.87

* 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 16.87 mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a Interest Coverage of 16.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shenzhen Qingyi Photomask and its competitors. This is 40% below median its historical median of 28.21. Over the past decade, Shenzhen Qingyi Photomask's Interest Coverage has ranged from 9.46 to 1,166.04. According to the industry distribution chart, Shenzhen Qingyi Photomask ranks #770 out of 1672 companies in the Hardware industry, placing it in the top 46.1%.
Is Shenzhen Qingyi Photomask's Interest Coverage too high?
Shenzhen Qingyi Photomask's current Interest Coverage of 16.87 is 40% below median its 10-year median of 28.21. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 1,166.04. The Hardware industry median Interest Coverage is 13.73. Shenzhen Qingyi Photomask's value of 16.87 is 22.9% above this industry median. Based on the distribution chart, Shenzhen Qingyi Photomask ranks #770 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Qingyi Photomask ranks #770 out of 1672 companies for Interest Coverage. This puts Shenzhen Qingyi Photomask in the upper half of its industry. The industry median Interest Coverage is 13.73. Shenzhen Qingyi Photomask's value of 16.87 is 22.9% above this benchmark. Historically, Shenzhen Qingyi Photomask's own Interest Coverage has ranged from 9.46 to 1,166.04 over the past decade. While the company's 10-year median is 28.21 vs. the industry median of 13.73, Shenzhen Qingyi Photomask 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 13.73, based on 1,672 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. Shenzhen Qingyi Photomask's current Interest Coverage of 16.87 is 22.9% 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 Shenzhen Qingyi Photomask and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Qingyi Photomask's current Interest Coverage is 16.87, which is 40% below median its own 10-year median of 28.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥30.82, compared to a current price of ¥42.39 — trading 37.5% above its estimated fair value. The current Interest Coverage is 16.87, which is 40% below median its 10-year median of 28.21 and 22.9% above the Hardware industry median of 13.73. Shenzhen Qingyi Photomask's overall GF Score™ is 86/100 with 9 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 Shenzhen Qingyi Photomask (SHSE:688138), the current Interest Coverage is 16.87 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥42.39 is trading 37.5% above its estimated GF Value™ of ¥30.82. GuruFocus considers Shenzhen Qingyi Photomask to be Significantly Overvalued.

Key valuation signals for SHSE:688138:

  • Interest Coverage: 16.87 (40% below median its 10-year median of 28.21)
  • GF Value™: ¥30.82 vs. price of ¥42.39 (37.5% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 22.9% above the Hardware median (#770 of 1672)

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
86GF Score

Get the complete analysis for SHSE:688138

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

¥42.39
Price
¥30.82
GF Value