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. Ningbo Solartron Technology Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥22 Mil. Ningbo Solartron Technology Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-4 Mil.
Ningbo Solartron Technology Co's interest coverage for the quarter that ended in Mar. 2026 was 5.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ningbo Solartron Technology Co's Interest Coverage or its related term are showing as below:
SHSE:688299'
s Interest Coverage Range Over the Past 10 Years
Min: 1.59 Med: 7.42 Max: 435.38
Current: 3.97
SHSE:688299's Interest Coverage is ranked worse than 71.72% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs SHSE:688299: 3.97
Ningbo Solartron Technology Co (SHSE:688299) 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 .
Ningbo Solartron Technology Co Interest Coverage Related Terms
Ningbo Solartron Technology Co Interest Coverage Historical Data
* 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.
Ningbo Solartron Technology Co Interest Coverage Chart
SHSE:688299 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Ningbo Solartron 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.
Ningbo Solartron Technology Co Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningbo Solartron Technology Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ningbo Solartron Technology Co's Interest Coverage falls into.
Ningbo Solartron 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:
* 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.
Ningbo Solartron Technology Co (SHSE:688299) has a Interest Coverage of 5.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ningbo Solartron Technology Co and its competitors. This is 29% below median its historical median of 7.42. Over the past decade, Ningbo Solartron Technology Co's Interest Coverage has ranged from 1.59 to 435.38. According to the industry distribution chart, Ningbo Solartron Technology Co ranks #885 out of 1234 companies in the Chemicals industry, placing it in the top 71.7%.
Is Ningbo Solartron Technology Co's Interest Coverage too high?
Ningbo Solartron Technology Co's current Interest Coverage of 5.26 is 29% below median its 10-year median of 7.42. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 435.38. The Chemicals industry median Interest Coverage is 10.18. Ningbo Solartron Technology Co's value of 5.26 is 48.3% below this industry median. Based on the distribution chart, Ningbo Solartron Technology Co ranks #885 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ningbo Solartron Technology Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Solartron Technology Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Solartron Technology Co ranks #885 out of 1234 companies for Interest Coverage. This places Ningbo Solartron Technology Co in the lower half of its industry. The industry median Interest Coverage is 10.18. Ningbo Solartron Technology Co's value of 5.26 is 48.3% below this benchmark. Historically, Ningbo Solartron Technology Co's own Interest Coverage has ranged from 1.59 to 435.38 over the past decade. While the company's 10-year median is 7.42 vs. the industry median of 10.18, Ningbo Solartron Technology Co has consistently been below 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Ningbo Solartron Technology Co's current Interest Coverage of 5.26 is 48.3% below 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 Ningbo Solartron Technology Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Solartron Technology Co's current Interest Coverage is 5.26, which is 29% below median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Solartron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co (SHSE:688299) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.74, compared to a current price of ¥16.05 — trading 8.9% above its estimated fair value. The current Interest Coverage is 5.26, which is 29% below median its 10-year median of 7.42 and 48.3% below the Chemicals industry median of 10.18. Ningbo Solartron Technology Co's overall GF Score™ is 71/100 with 6 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 Ningbo Solartron Technology Co (SHSE:688299), the current Interest Coverage is 5.26 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 Ningbo Solartron Technology Co (SHSE:688299) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co stock appears to be overvalued.
The current stock price of ¥16.05 is trading 8.9% above its estimated GF Value™ of ¥14.74.
GuruFocus considers Ningbo Solartron Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688299:
Interest Coverage: 5.26 (29% below median its 10-year median of 7.42)
GF Value™: ¥14.74 vs. price of ¥16.05 (8.9% above fair value)
Industry Position: 48.3% below the Chemicals median (#885 of 1234)
No single metric tells the full story. See the SHSE:688299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Solartron Technology Co Business Description
Ningbo Solartron Technology Co Ltd is mainly engaged in the research, development, production and sales of reflective film, backing base film, optical base film and other special functional films. The main products are reflective film, backing base film, optical base film and other high performance functional films. Used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.
71GF Score
Get the complete analysis for SHSE:688299
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688299 has been successfully added to your 
