MayAir Technology (China) Co (SHSE:688376) Interest Coverage: 7.63 (As of Mar. 2026) — 39% Below Median


SHSE:688376 MayAir Technology (China) Co Ltd SHSE:688376
82 GF Score
Price ¥98.21
GF Value ¥54.86
Valuation Significantly Overvalued
! 10 Warning Signs
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What is MayAir Technology (China) Co Interest Coverage?

MayAir Technology (China) Co SHSE:688376 -4.35% 82 Interest Coverage is 7.63 as of Mar. 2026, which is 39% below its 10-year median of 12.41. GuruFocus rates SHSE:688376 with a GF Score™ of 82/100 and a GF Value™ of ¥54.86 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,325 Industrial Products companies, MayAir Technology (China) Co ranks worse than 65.85% 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. MayAir Technology (China) Co's Operating Income for the three months ended in Mar. 2026 was ¥49 Mil. MayAir Technology (China) Co's Interest Expense for the three months ended in Mar. 2026 was ¥-6 Mil. MayAir Technology (China) Co's interest coverage for the quarter that ended in Mar. 2026 was 7.63. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:688376' s Interest Coverage Range Over the Past 10 Years
Min: 6.03   Med: 12.41   Max: 89.72
Current: 7.1


SHSE:688376's Interest Coverage is ranked worse than
65.85% of 2325 companies
in the Industrial Products industry
Industry Median: 14.87 vs SHSE:688376: 7.10

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


MayAir Technology (China) Co  (SHSE:688376) 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 .


MayAir Technology (China) Co Interest Coverage Related Terms


MayAir Technology (China) Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for MayAir Technology (China) 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.

MayAir Technology (China) Co Interest Coverage Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 13.55 12.41 19.67 15.32 6.03

MayAir Technology (China) Co Quarterly Data
Dec20 Mar21 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 3.52 11.56 7.47 0.00 7.63

SHSE:688376 vs VLTO, ZWS, CECO: Interest Coverage Comparison

For the Pollution & Treatment Controls subindustry, MayAir Technology (China) 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.


MayAir Technology (China) Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MayAir Technology (China) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MayAir Technology (China) Co's Interest Coverage falls into.


SHSE:688376
82GF Score
MayAir Technology (China) Co Ltd SHSE:688376
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MayAir Technology (China) 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.

MayAir Technology (China) 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, MayAir Technology (China) Co's Interest Expense was ¥-27 Mil. Its Operating Income was ¥161 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥382 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*161.468/-26.79
=6.03

MayAir Technology (China) Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, MayAir Technology (China) Co's Interest Expense was ¥-6 Mil. Its Operating Income was ¥49 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥296 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*49.197/-6.452
=7.63

* 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 7.63 mean?
MayAir Technology (China) Co (SHSE:688376) has a Interest Coverage of 7.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MayAir Technology (China) Co and its competitors. This is 39% below median its historical median of 12.41. Over the past decade, MayAir Technology (China) Co's Interest Coverage has ranged from 6.03 to 89.72. According to the industry distribution chart, MayAir Technology (China) Co ranks #1531 out of 2325 companies in the Industrial Products industry, placing it in the top 65.8%.
Is MayAir Technology (China) Co's Interest Coverage too high?
MayAir Technology (China) Co's current Interest Coverage of 7.63 is 39% below median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 89.72. The Industrial Products industry median Interest Coverage is 14.87. MayAir Technology (China) Co's value of 7.63 is 48.7% below this industry median. Based on the distribution chart, MayAir Technology (China) Co ranks #1531 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MayAir Technology (China) Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's Interest Coverage compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, MayAir Technology (China) Co ranks #1531 out of 2325 companies for Interest Coverage. This places MayAir Technology (China) Co in the lower half of its industry. The industry median Interest Coverage is 14.87. MayAir Technology (China) Co's value of 7.63 is 48.7% below this benchmark. Historically, MayAir Technology (China) Co's own Interest Coverage has ranged from 6.03 to 89.72 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 14.87, MayAir Technology (China) 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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. MayAir Technology (China) Co's current Interest Coverage of 7.63 is 48.7% 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 MayAir Technology (China) Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MayAir Technology (China) Co's current Interest Coverage is 7.63, which is 39% below median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥54.86, compared to a current price of ¥98.21 — trading 79% above its estimated fair value. The current Interest Coverage is 7.63, which is 39% below median its 10-year median of 12.41 and 48.7% below the Industrial Products industry median of 14.87. MayAir Technology (China) Co's overall GF Score™ is 82/100 with 10 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 MayAir Technology (China) Co (SHSE:688376), the current Interest Coverage is 7.63 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?

Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued. The current stock price of ¥98.21 is trading 79% above its estimated GF Value™ of ¥54.86. GuruFocus considers MayAir Technology (China) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688376:

  • Interest Coverage: 7.63 (39% below median its 10-year median of 12.41)
  • GF Value™: ¥54.86 vs. price of ¥98.21 (79% above fair value)
  • GF Score™: 82/100 with 10 warning signs
  • Industry Position: 48.7% below the Industrial Products median (#1531 of 2325)

No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MayAir Technology (China) Co Business Description

Address No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
82GF Score

Get the complete analysis for SHSE:688376

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

¥98.21
Price
¥54.86
GF Value