Zhejiang Weixing Industrial Development Co (SZSE:002003) Interest Coverage: 59.76 (As of Jun. 2026) — 123% Above Median

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SZSE:002003 Zhejiang Weixing Industrial Development Co Ltd SZSE:002003
96 GF Score
Price ¥11.54
GF Value ¥12.29
Valuation Fairly Valued
! 7 Warning Signs
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What is Zhejiang Weixing Industrial Development Co Interest Coverage?

Zhejiang Weixing Industrial Development Co SZSE:002003 -0.17% 96 Interest Coverage is 59.76 as of Jun. 2026, which is 123% above its 10-year median of 26.75. GuruFocus rates SZSE:002003 with a GF Score™ of 96/100 and a GF Value™ of ¥12.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 760 Manufacturing - Apparel & Accessories companies, Zhejiang Weixing Industrial Development Co ranks better than 78.82% 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. Zhejiang Weixing Industrial Development Co's Operating Income for the three months ended in Jun. 2026 was ¥406 Mil. Zhejiang Weixing Industrial Development Co's Interest Expense for the three months ended in Jun. 2026 was ¥-7 Mil. Zhejiang Weixing Industrial Development Co's interest coverage for the quarter that ended in Jun. 2026 was 59.76. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zhejiang Weixing Industrial Development Co's Interest Coverage or its related term are showing as below:

SZSE:002003' s Interest Coverage Range Over the Past 10 Years
Min: 18.8   Med: 26.75   Max: 342.23
Current: 30.63


SZSE:002003's Interest Coverage is ranked better than
78.82% of 760 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.83 vs SZSE:002003: 30.63

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


Zhejiang Weixing Industrial Development Co  (SZSE:002003) 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 .


Zhejiang Weixing Industrial Development Co Interest Coverage Related Terms


Zhejiang Weixing Industrial Development Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhejiang Weixing Industrial Development 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.

Zhejiang Weixing Industrial Development Co Interest Coverage Chart

Zhejiang Weixing Industrial Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.66 21.83 18.80 26.04 27.39

Zhejiang Weixing Industrial Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 40.82 31.41 12.27 19.79 59.76

SZSE:002003 vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Zhejiang Weixing Industrial Development 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.


Zhejiang Weixing Industrial Development Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Weixing Industrial Development Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Industrial Development Co's Interest Coverage falls into.


SZSE:002003
96GF Score
Zhejiang Weixing Industrial Development Co Ltd SZSE:002003
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Weixing Industrial Development 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.

Zhejiang Weixing Industrial Development 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, Zhejiang Weixing Industrial Development Co's Interest Expense was ¥-31 Mil. Its Operating Income was ¥836 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*835.805/-30.51
=27.39

Zhejiang Weixing Industrial Development Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Zhejiang Weixing Industrial Development Co's Interest Expense was ¥-7 Mil. Its Operating Income was ¥406 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥17 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*405.945/-6.793
=59.76

* 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 59.76 mean?
Zhejiang Weixing Industrial Development Co (SZSE:002003) has a Interest Coverage of 59.76 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang Weixing Industrial Development Co and its competitors. This is 123% above median its historical median of 26.75. Over the past decade, Zhejiang Weixing Industrial Development Co's Interest Coverage has ranged from 18.80 to 342.23. According to the industry distribution chart, Zhejiang Weixing Industrial Development Co ranks #161 out of 760 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.2%.
Is Zhejiang Weixing Industrial Development Co's Interest Coverage too high?
Zhejiang Weixing Industrial Development Co's current Interest Coverage of 59.76 is 123% above median its 10-year median of 26.75. Over the past 10 years, this metric has ranged from a low of 18.80 to a high of 342.23. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.83. Zhejiang Weixing Industrial Development Co's value of 59.76 is 925% above this industry median. Based on the distribution chart, Zhejiang Weixing Industrial Development Co ranks #161 out of 760 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Weixing Industrial Development Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Weixing Industrial Development Co's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Weixing Industrial Development Co ranks #161 out of 760 companies for Interest Coverage. This places Zhejiang Weixing Industrial Development Co in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.83. Zhejiang Weixing Industrial Development Co's value of 59.76 is 925% above this benchmark. Historically, Zhejiang Weixing Industrial Development Co's own Interest Coverage has ranged from 18.80 to 342.23 over the past decade. While the company's 10-year median is 26.75 vs. the industry median of 5.83, Zhejiang Weixing Industrial Development 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 a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.83, based on 760 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. Zhejiang Weixing Industrial Development Co's current Interest Coverage of 59.76 is 925% 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 Zhejiang Weixing Industrial Development Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Weixing Industrial Development Co's current Interest Coverage is 59.76, which is 123% above median its own 10-year median of 26.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Weixing Industrial Development Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Weixing Industrial Development Co (SZSE:002003) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.29, compared to a current price of ¥11.54 — trading 6.1% below its estimated fair value. The current Interest Coverage is 59.76, which is 123% above median its 10-year median of 26.75 and 925% above the Manufacturing - Apparel & Accessories industry median of 5.83. Zhejiang Weixing Industrial Development Co's overall GF Score™ is 96/100 with 7 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 Zhejiang Weixing Industrial Development Co (SZSE:002003), the current Interest Coverage is 59.76 as of Jun. 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 Zhejiang Weixing Industrial Development Co (SZSE:002003) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Weixing Industrial Development Co stock appears to be undervalued. The current stock price of ¥11.54 is trading 6.1% below its estimated GF Value™ of ¥12.29. GuruFocus considers Zhejiang Weixing Industrial Development Co to be Fairly Valued.

Key valuation signals for SZSE:002003:

  • Interest Coverage: 59.76 (123% above median its 10-year median of 26.75)
  • GF Value™: ¥12.29 vs. price of ¥11.54 (6.1% below fair value)
  • GF Score™: 96/100 with 7 warning signs
  • Industry Position: 925% above the Manufacturing - Apparel & Accessories median (#161 of 760)

No single metric tells the full story. See the SZSE:002003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Weixing Industrial Development Co Business Description

Address Garden Industrial Zone, Zhejiang Province, Linhai, CHN, 317025
Zhejiang Weixing Industrial Development Co Ltd is engaged in the R&D, manufacture and distribution of buttons, zippers, metal products and other clothing accessories in China.
96GF Score

Get the complete analysis for SZSE:002003

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

¥11.54
Price
¥12.29
GF Value