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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. Shanghai Chemspec's
Operating Income
for the
three
months ended in Mar. 2026 was ¥-19.8 Mil. Shanghai Chemspec's Interest Expense for the
three
months ended in Mar. 2026 was ¥-1.0 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shanghai Chemspec's Interest Coverage or its related term are showing as below:
SHSE:688602's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.28 * Ranked among companies with meaningful Interest Coverage only.
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 .
Shanghai Chemspec Interest Coverage Related Terms
Shanghai Chemspec Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shanghai Chemspec'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.
For the Chemicals subindustry, Shanghai Chemspec'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.
Shanghai Chemspec Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanghai Chemspec's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shanghai Chemspec's Interest Coverage falls into.
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:
Shanghai Chemspec did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Shanghai Chemspec (SHSE:688602) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanghai Chemspec and its competitors. According to the industry distribution chart, Shanghai Chemspec ranks #999999 out of 1238 companies in the Chemicals industry.
Is Shanghai Chemspec's Interest Coverage too high?
Shanghai Chemspec's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Shanghai Chemspec ranks #999999 out of 1238 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shanghai Chemspec has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Chemspec's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Shanghai Chemspec ranks #999999 out of 1238 companies for Interest Coverage. This places Shanghai Chemspec in the lower half of its industry. The industry median Interest Coverage is 10.28. 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 10.28, based on 1,238 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. 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 Shanghai Chemspec and its competitors. For the Chemicals industry, the median Interest Coverage is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Chemspec's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Chemspec stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Chemspec (SHSE:688602) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.27, compared to a current price of ¥6.39 — trading 1.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Shanghai Chemspec's overall GF Score™ is 74/100 with 2 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 Shanghai Chemspec (SHSE:688602), the current Interest Coverage is 0 (At Loss) 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 Shanghai Chemspec (SHSE:688602) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Chemspec stock appears to be overvalued.
The current stock price of ¥6.39 is trading 1.9% above its estimated GF Value™ of ¥6.27.
GuruFocus considers Shanghai Chemspec to be Fairly Valued.
Key valuation signals for SHSE:688602:
Interest Coverage: 0 (At Loss)
GF Value™: ¥6.27 vs. price of ¥6.39 (1.9% above fair value)
No single metric tells the full story. See the SHSE:688602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Chemspec Corp is engaged in research & development, production and sales of fine chemicals. It is globally recognized as an industry leader in providing fluorinated specialty chemicals serving markets in a variety of applications. These include liquid crystals, lithium-ion battery components, pharmaceutical chemicals, and agrochemicals.
74GF Score
Get the complete analysis for SHSE:688602
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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