Zhejiang EV-Tech Co (SZSE:301607) Interest Coverage: 14.44 (As of Mar. 2026) — 17% Below Median

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SZSE:301607 Zhejiang EV-Tech Co Ltd SZSE:301607
41 GF Score
Price ¥44.13
! 3 Warning Signs
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What is Zhejiang EV-Tech Co Interest Coverage?

Zhejiang EV-Tech Co SZSE:301607 +2.44% 41 Interest Coverage is 14.44 as of Mar. 2026, which is 17% below its 10-year median of 17.31. GuruFocus rates SZSE:301607 with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 1,059 Vehicles & Parts companies, Zhejiang EV-Tech Co ranks better than 75.83% 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 EV-Tech Co's Operating Income for the three months ended in Mar. 2026 was ¥71 Mil. Zhejiang EV-Tech Co's Interest Expense for the three months ended in Mar. 2026 was ¥-5 Mil. Zhejiang EV-Tech Co's interest coverage for the quarter that ended in Mar. 2026 was 14.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zhejiang EV-Tech Co's Interest Coverage or its related term are showing as below:

SZSE:301607' s Interest Coverage Range Over the Past 10 Years
Min: 2.84   Med: 17.31   Max: 34.97
Current: 29.93


SZSE:301607's Interest Coverage is ranked better than
75.83% of 1059 companies
in the Vehicles & Parts industry
Industry Median: 8.27 vs SZSE:301607: 29.93

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 EV-Tech Co  (SZSE:301607) 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 EV-Tech Co Interest Coverage Related Terms


Zhejiang EV-Tech Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zhejiang EV-Tech 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 EV-Tech Co Interest Coverage Chart

Zhejiang EV-Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 2.84 9.11 17.31 27.31 34.97

Zhejiang EV-Tech Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 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 13.71 39.03 34.84 39.82 14.44

SZSE:301607 vs TSLA, GM, F: Interest Coverage Comparison

For the Auto Manufacturers subindustry, Zhejiang EV-Tech 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 EV-Tech Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang EV-Tech Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zhejiang EV-Tech Co's Interest Coverage falls into.


SZSE:301607
41GF Score
Zhejiang EV-Tech Co Ltd SZSE:301607
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang EV-Tech 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 EV-Tech 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 EV-Tech Co's Interest Expense was ¥-11 Mil. Its Operating Income was ¥378 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥239 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*378.107/-10.813
=34.97

Zhejiang EV-Tech Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Zhejiang EV-Tech Co's Interest Expense was ¥-5 Mil. Its Operating Income was ¥71 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥244 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*70.935/-4.912
=14.44

* 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 14.44 mean?
Zhejiang EV-Tech Co (SZSE:301607) has a Interest Coverage of 14.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zhejiang EV-Tech Co and its competitors. This is 17% below median its historical median of 17.31. Over the past decade, Zhejiang EV-Tech Co's Interest Coverage has ranged from 2.84 to 34.97. According to the industry distribution chart, Zhejiang EV-Tech Co ranks #256 out of 1059 companies in the Vehicles & Parts industry, placing it in the top 24.2%.
Is Zhejiang EV-Tech Co's Interest Coverage too high?
Zhejiang EV-Tech Co's current Interest Coverage of 14.44 is 17% below median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 34.97. The Vehicles & Parts industry median Interest Coverage is 8.27. Zhejiang EV-Tech Co's value of 14.44 is 74.6% above this industry median. Based on the distribution chart, Zhejiang EV-Tech Co ranks #256 out of 1059 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang EV-Tech Co has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang EV-Tech Co's Interest Coverage compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Zhejiang EV-Tech Co ranks #256 out of 1059 companies for Interest Coverage. This places Zhejiang EV-Tech Co in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.27. Zhejiang EV-Tech Co's value of 14.44 is 74.6% above this benchmark. Historically, Zhejiang EV-Tech Co's own Interest Coverage has ranged from 2.84 to 34.97 over the past decade. While the company's 10-year median is 17.31 vs. the industry median of 8.27, Zhejiang EV-Tech 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.27, based on 1,059 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 EV-Tech Co's current Interest Coverage of 14.44 is 74.6% 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 Zhejiang EV-Tech Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang EV-Tech Co's current Interest Coverage is 14.44, which is 17% below median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang EV-Tech Co stock overvalued right now?
Zhejiang EV-Tech Co (SZSE:301607) has a current Interest Coverage of 14.44. The current Interest Coverage is 14.44, which is 17% below median its 10-year median of 17.31 and 74.6% above the Vehicles & Parts industry median of 8.27. Zhejiang EV-Tech Co's overall GF Score™ is 41/100 with 3 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 EV-Tech Co (SZSE:301607), the current Interest Coverage is 14.44 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.

Zhejiang EV-Tech Co Business Description

Address No. 505, Wenchang Road, Dipu Street, Zhejiang Province, Anji County, Huzhou, CHN, 313300
Zhejiang EV-Tech Co Ltd is a national high-tech enterprise focusing on core components of new energy vehicles, and the main supplier of on-board chargers and on-board DC/DC converters for new energy vehicles. Its production base is located in Anji County, Huzhou City, and its R&D center lies in West Lake District, Hangzhou City.
41GF Score

Get the complete analysis for SZSE:301607

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

¥44.13
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