Beijing Tongyizhong New Material Technology (SHSE:688722) Interest Coverage: 30.48 (As of Mar. 2026) — 89% Below Median


SHSE:688722 Beijing Tongyizhong New Material Technology Corp SHSE:688722
78 GF Score
Price ¥16.17
GF Value ¥23.34
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Beijing Tongyizhong New Material Technology Interest Coverage?

Beijing Tongyizhong New Material Technology SHSE:688722 +4.59% 78 Interest Coverage is 30.48 as of Mar. 2026, which is 89% below its 10-year median of 286.41. GuruFocus rates SHSE:688722 with a GF Score™ of 78/100 and a GF Value™ of ¥23.34 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Beijing Tongyizhong New Material Technology ranks better than 73.34% 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. Beijing Tongyizhong New Material Technology's Operating Income for the three months ended in Mar. 2026 was ¥46.5 Mil. Beijing Tongyizhong New Material Technology's Interest Expense for the three months ended in Mar. 2026 was ¥-1.5 Mil. Beijing Tongyizhong New Material Technology's interest coverage for the quarter that ended in Mar. 2026 was 30.48. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Beijing Tongyizhong New Material Technology's Interest Coverage or its related term are showing as below:

SHSE:688722' s Interest Coverage Range Over the Past 10 Years
Min: 18.65   Med: 286.41   Max: 1198.39
Current: 20.22


SHSE:688722's Interest Coverage is ranked better than
73.34% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs SHSE:688722: 20.22

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


Beijing Tongyizhong New Material Technology  (SHSE:688722) 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 .


Beijing Tongyizhong New Material Technology Interest Coverage Related Terms


Beijing Tongyizhong New Material Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Beijing Tongyizhong New Material Technology'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.

Beijing Tongyizhong New Material Technology Interest Coverage Chart

Beijing Tongyizhong New Material Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 571.62 528.89 216.84 186.03 18.65

Beijing Tongyizhong New Material Technology 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 21.66 14.94 17.27 22.38 30.48

Beijing Tongyizhong New Material Technology Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Beijing Tongyizhong New Material Technology'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.


Beijing Tongyizhong New Material Technology Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Beijing Tongyizhong New Material Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beijing Tongyizhong New Material Technology's Interest Coverage falls into.


SHSE:688722
78GF Score
Beijing Tongyizhong New Material Technology Corp SHSE:688722
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Tongyizhong New Material Technology 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.

Beijing Tongyizhong New Material Technology'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, Beijing Tongyizhong New Material Technology's Interest Expense was ¥-7.8 Mil. Its Operating Income was ¥144.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥141.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*144.823/-7.764
=18.65

Beijing Tongyizhong New Material Technology's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Beijing Tongyizhong New Material Technology's Interest Expense was ¥-1.5 Mil. Its Operating Income was ¥46.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥141.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*46.507/-1.526
=30.48

* 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 30.48 mean?
Beijing Tongyizhong New Material Technology (SHSE:688722) has a Interest Coverage of 30.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Beijing Tongyizhong New Material Technology and its competitors. This is 89% below median its historical median of 286.41. Over the past decade, Beijing Tongyizhong New Material Technology's Interest Coverage has ranged from 18.65 to 1,198.39. According to the industry distribution chart, Beijing Tongyizhong New Material Technology ranks #197 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.7%.
Is Beijing Tongyizhong New Material Technology's Interest Coverage too high?
Beijing Tongyizhong New Material Technology's current Interest Coverage of 30.48 is 89% below median its 10-year median of 286.41. Over the past 10 years, this metric has ranged from a low of 18.65 to a high of 1,198.39. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Beijing Tongyizhong New Material Technology's value of 30.48 is 461.3% above this industry median. Based on the distribution chart, Beijing Tongyizhong New Material Technology ranks #197 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Beijing Tongyizhong New Material Technology has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tongyizhong New Material Technology's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Beijing Tongyizhong New Material Technology ranks #197 out of 739 companies for Interest Coverage. This puts Beijing Tongyizhong New Material Technology in the upper half of its industry. The industry median Interest Coverage is 5.43. Beijing Tongyizhong New Material Technology's value of 30.48 is 461.3% above this benchmark. Historically, Beijing Tongyizhong New Material Technology's own Interest Coverage has ranged from 18.65 to 1,198.39 over the past decade. While the company's 10-year median is 286.41 vs. the industry median of 5.43, Beijing Tongyizhong New Material Technology 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. Beijing Tongyizhong New Material Technology's current Interest Coverage of 30.48 is 461.3% 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 Beijing Tongyizhong New Material Technology and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tongyizhong New Material Technology's current Interest Coverage is 30.48, which is 89% below median its own 10-year median of 286.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tongyizhong New Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology (SHSE:688722) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥23.34, compared to a current price of ¥16.17 — trading 30.7% below its estimated fair value. The current Interest Coverage is 30.48, which is 89% below median its 10-year median of 286.41 and 461.3% above the Manufacturing - Apparel & Accessories industry median of 5.43. Beijing Tongyizhong New Material Technology's overall GF Score™ is 78/100 with 5 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 Beijing Tongyizhong New Material Technology (SHSE:688722), the current Interest Coverage is 30.48 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 Beijing Tongyizhong New Material Technology (SHSE:688722) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology stock appears to be undervalued. The current stock price of ¥16.17 is trading 30.7% below its estimated GF Value™ of ¥23.34. GuruFocus considers Beijing Tongyizhong New Material Technology to be Significantly Undervalued.

Key valuation signals for SHSE:688722:

  • Interest Coverage: 30.48 (89% below median its 10-year median of 286.41)
  • GF Value™: ¥23.34 vs. price of ¥16.17 (30.7% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 461.3% above the Manufacturing - Apparel & Accessories median (#197 of 739)

No single metric tells the full story. See the SHSE:688722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Tongyizhong New Material Technology Business Description

Address Factory 901, No. 16, Zhonghe Street, Beijing Economic and Technological Development Zone, Beijing, CHN, 101102
Beijing Tongyizhong New Material Technology Corp is engaged in the research and development, production and sales of ultra-high molecular weight polyethylene fibers and their composite materials.
78GF Score

Get the complete analysis for SHSE:688722

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

¥16.17
Price
¥23.34
GF Value