Zhongyeda Electric Co (SZSE:002441) Interest Coverage: 73.97 (As of Mar. 2026) — 221% Above Median

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SZSE:002441 Zhongyeda Electric Co Ltd SZSE:002441
68 GF Score
Price ¥7.72
GF Value ¥8.75
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Zhongyeda Electric Co Interest Coverage?

Zhongyeda Electric Co SZSE:002441 -1.03% 68 Interest Coverage is 73.97 as of Mar. 2026, which is 221% above its 10-year median of 23.04. GuruFocus rates SZSE:002441 with a GF Score™ of 68/100 and a GF Value™ of ¥8.75 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,337 Industrial Products companies, Zhongyeda Electric Co ranks better than 61.62% 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. Zhongyeda Electric Co's Operating Income for the three months ended in Mar. 2026 was ¥134 Mil. Zhongyeda Electric Co's Interest Expense for the three months ended in Mar. 2026 was ¥-2 Mil. Zhongyeda Electric Co's interest coverage for the quarter that ended in Mar. 2026 was 73.97. The higher the ratio, the stronger the company's financial strength is.

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

SZSE:002441' s Interest Coverage Range Over the Past 10 Years
Min: 9.17   Med: 23.04   Max: 463.01
Current: 26.61


SZSE:002441's Interest Coverage is ranked better than
61.62% of 2337 companies
in the Industrial Products industry
Industry Median: 14.63 vs SZSE:002441: 26.61

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


Zhongyeda Electric Co  (SZSE:002441) 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 .


Zhongyeda Electric Co Interest Coverage Related Terms


Zhongyeda Electric Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhongyeda 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.

Zhongyeda Electric Co Interest Coverage Chart

Zhongyeda Electric 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 261.38 287.94 463.01 21.28 24.80

Zhongyeda 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 58.80 13.02 32.99 0.00 73.97

SZSE:002441 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Zhongyeda 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.


Zhongyeda Electric Co Interest Coverage vs Industrial Products Industry

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

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


SZSE:002441
68GF Score
Zhongyeda Electric Co Ltd SZSE:002441
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhongyeda 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.

Zhongyeda 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, Zhongyeda Electric Co's Interest Expense was ¥-8 Mil. Its Operating Income was ¥200 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*199.613/-8.048
=24.80

Zhongyeda 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, Zhongyeda Electric Co's Interest Expense was ¥-2 Mil. Its Operating Income was ¥134 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*133.669/-1.807
=73.97

* 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 73.97 mean?
Zhongyeda Electric Co (SZSE:002441) has a Interest Coverage of 73.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhongyeda Electric Co and its competitors. This is 221% above median its historical median of 23.04. Over the past decade, Zhongyeda Electric Co's Interest Coverage has ranged from 9.17 to 463.01. According to the industry distribution chart, Zhongyeda Electric Co ranks #897 out of 2337 companies in the Industrial Products industry, placing it in the top 38.4%.
Is Zhongyeda Electric Co's Interest Coverage too high?
Zhongyeda Electric Co's current Interest Coverage of 73.97 is 221% above median its 10-year median of 23.04. Over the past 10 years, this metric has ranged from a low of 9.17 to a high of 463.01. The Industrial Products industry median Interest Coverage is 14.63. Zhongyeda Electric Co's value of 73.97 is 405.6% above this industry median. Based on the distribution chart, Zhongyeda Electric Co ranks #897 out of 2337 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhongyeda Electric Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhongyeda Electric Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhongyeda Electric Co ranks #897 out of 2337 companies for Interest Coverage. This puts Zhongyeda Electric Co in the upper half of its industry. The industry median Interest Coverage is 14.63. Zhongyeda Electric Co's value of 73.97 is 405.6% above this benchmark. Historically, Zhongyeda Electric Co's own Interest Coverage has ranged from 9.17 to 463.01 over the past decade. While the company's 10-year median is 23.04 vs. the industry median of 14.63, Zhongyeda 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 14.63, based on 2,337 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. Zhongyeda Electric Co's current Interest Coverage of 73.97 is 405.6% 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 Zhongyeda Electric Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongyeda Electric Co's current Interest Coverage is 73.97, which is 221% above median its own 10-year median of 23.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongyeda Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongyeda Electric Co (SZSE:002441) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.75, compared to a current price of ¥7.72 — trading 11.8% below its estimated fair value. The current Interest Coverage is 73.97, which is 221% above median its 10-year median of 23.04 and 405.6% above the Industrial Products industry median of 14.63. Zhongyeda Electric Co's overall GF Score™ is 68/100 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 Zhongyeda Electric Co (SZSE:002441), the current Interest Coverage is 73.97 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 Zhongyeda Electric Co (SZSE:002441) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongyeda Electric Co stock appears to be undervalued. The current stock price of ¥7.72 is trading 11.8% below its estimated GF Value™ of ¥8.75. GuruFocus considers Zhongyeda Electric Co to be Modestly Undervalued.

Key valuation signals for SZSE:002441:

  • Interest Coverage: 73.97 (221% above median its 10-year median of 23.04)
  • GF Value™: ¥8.75 vs. price of ¥7.72 (11.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 405.6% above the Industrial Products median (#897 of 2337)

No single metric tells the full story. See the SZSE:002441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongyeda Electric Co Business Description

Address No.62, Hengshan Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Zhongyeda Electric Co Ltd is a distributor of industrial electrical products. The company's main business is the distribution of industrial electrical component products of contracted suppliers through its own sales network, as well as the production and sales of system integration products and complete manufacturing products. Its products include low-voltage electrical products, medium voltage electrical products, industrial control products and others.
68GF Score

Get the complete analysis for SZSE:002441

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

¥7.72
Price
¥8.75
GF Value