Suzhou Veichi Electric Co (SHSE:688698) Interest Coverage: 211.00 (As of Mar. 2026) — 78% Above Median

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SHSE:688698 Suzhou Veichi Electric Co Ltd SHSE:688698
92 GF Score
Price ¥45.43
GF Value ¥60.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Suzhou Veichi Electric Co Interest Coverage?

Suzhou Veichi Electric Co SHSE:688698 +2.32% 92 Interest Coverage is 211.00 as of Mar. 2026, which is 78% above its 10-year median of 118.57. GuruFocus rates SHSE:688698 with a GF Score™ of 92/100 and a GF Value™ of ¥60.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,321 Industrial Products companies, Suzhou Veichi Electric Co ranks better than 81.6% 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. Suzhou Veichi Electric Co's Operating Income for the three months ended in Mar. 2026 was ¥61 Mil. Suzhou Veichi Electric Co's Interest Expense for the three months ended in Mar. 2026 was ¥-0 Mil. Suzhou Veichi Electric Co's interest coverage for the quarter that ended in Mar. 2026 was 211.00. 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. Suzhou Veichi Electric Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SHSE:688698' s Interest Coverage Range Over the Past 10 Years
Min: 11.41   Med: 118.57   Max: 782.37
Current: 100.46


SHSE:688698's Interest Coverage is ranked better than
81.6% of 2321 companies
in the Industrial Products industry
Industry Median: 14.72 vs SHSE:688698: 100.46

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


Suzhou Veichi Electric Co  (SHSE:688698) 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 .


Suzhou Veichi Electric Co Interest Coverage Related Terms


Suzhou Veichi Electric Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Suzhou Veichi Electric 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.

Suzhou Veichi Electric Co Interest Coverage Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 782.37 301.58 178.90 118.57 97.80

Suzhou Veichi Electric 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 178.07 121.11 131.20 41.72 211.00

SHSE:688698 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Suzhou Veichi Electric 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.


Suzhou Veichi Electric Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Veichi Electric Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Suzhou Veichi Electric Co's Interest Coverage falls into.


SHSE:688698
92GF Score
Suzhou Veichi Electric Co Ltd SHSE:688698
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Veichi Electric 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.

Suzhou Veichi Electric 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, Suzhou Veichi Electric Co's Interest Expense was ¥-3 Mil. Its Operating Income was ¥284 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*284.202/-2.906
=97.80

Suzhou Veichi Electric Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Suzhou Veichi Electric Co's Interest Expense was ¥-0 Mil. Its Operating Income was ¥61 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*60.767/-0.288
=211.00

* 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 211.00 mean?
Suzhou Veichi Electric Co (SHSE:688698) has a Interest Coverage of 211.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Suzhou Veichi Electric Co and its competitors. This is 78% above median its historical median of 118.57. Over the past decade, Suzhou Veichi Electric Co's Interest Coverage has ranged from 11.41 to 782.37. According to the industry distribution chart, Suzhou Veichi Electric Co ranks #427 out of 2321 companies in the Industrial Products industry, placing it in the top 18.4%.
Is Suzhou Veichi Electric Co's Interest Coverage too high?
Suzhou Veichi Electric Co's current Interest Coverage of 211.00 is 78% above median its 10-year median of 118.57. Over the past 10 years, this metric has ranged from a low of 11.41 to a high of 782.37. The Industrial Products industry median Interest Coverage is 14.72. Suzhou Veichi Electric Co's value of 211.00 is 1333.4% above this industry median. Based on the distribution chart, Suzhou Veichi Electric Co ranks #427 out of 2321 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Veichi Electric Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Veichi Electric Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Veichi Electric Co ranks #427 out of 2321 companies for Interest Coverage. This places Suzhou Veichi Electric Co in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.72. Suzhou Veichi Electric Co's value of 211.00 is 1333.4% above this benchmark. Historically, Suzhou Veichi Electric Co's own Interest Coverage has ranged from 11.41 to 782.37 over the past decade. While the company's 10-year median is 118.57 vs. the industry median of 14.72, Suzhou Veichi Electric 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.72, based on 2,321 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. Suzhou Veichi Electric Co's current Interest Coverage of 211.00 is 1333.4% 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 Suzhou Veichi Electric Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Veichi Electric Co's current Interest Coverage is 211.00, which is 78% above median its own 10-year median of 118.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Veichi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co (SHSE:688698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.15, compared to a current price of ¥45.43 — trading 24.5% below its estimated fair value. The current Interest Coverage is 211.00, which is 78% above median its 10-year median of 118.57 and 1333.4% above the Industrial Products industry median of 14.72. Suzhou Veichi Electric Co's overall GF Score™ is 92/100 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 Suzhou Veichi Electric Co (SHSE:688698), the current Interest Coverage is 211.00 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 Suzhou Veichi Electric Co (SHSE:688698) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Veichi Electric Co stock appears to be undervalued. The current stock price of ¥45.43 is trading 24.5% below its estimated GF Value™ of ¥60.15. GuruFocus considers Suzhou Veichi Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:688698:

  • Interest Coverage: 211.00 (78% above median its 10-year median of 118.57)
  • GF Value™: ¥60.15 vs. price of ¥45.43 (24.5% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 1333.4% above the Industrial Products median (#427 of 2321)

No single metric tells the full story. See the SHSE:688698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Veichi Electric Co Business Description

Address No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.
92GF Score

Get the complete analysis for SHSE:688698

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

¥45.43
Price
¥60.15
GF Value