Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) Interest Expense: ¥-955 Mil (TTM As of Mar. 2026)


SHSE:600032 Zhejiang Provincial New Energy Investment Group Co Ltd SHSE:600032
76 GF Score
Price ¥6.65
GF Value ¥7.51
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Zhejiang Provincial New Energy Investment Group Co Interest Expense?

Zhejiang Provincial New Energy Investment Group Co SHSE:600032 +2.47% 76 Interest Expense is ¥-955 Mil as of Mar. 2026. GuruFocus rates SHSE:600032 with a GF Score™ of 76/100 and a GF Value™ of ¥7.51 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Provincial New Energy Investment Group Co's interest expense for the three months ended in Mar. 2026 was ¥ -228 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-955 Mil.

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. Zhejiang Provincial New Energy Investment Group Co's Operating Income for the three months ended in Mar. 2026 was ¥ 206 Mil. Zhejiang Provincial New Energy Investment Group Co's Interest Expense for the three months ended in Mar. 2026 was ¥ -228 Mil. Zhejiang Provincial New Energy Investment Group Co's Interest Coverage for the quarter that ended in Mar. 2026 was 0.90. The higher the ratio, the stronger the company's financial strength is. 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 Provincial New Energy Investment Group Co  (SHSE:600032) Interest Expense Explanation

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. The higher, the better.

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 Provincial New Energy Investment Group Co's Interest Expense for the three months ended in Mar. 2026 was ¥-228 Mil. Its Operating Income for the three months ended in Mar. 2026 was ¥206 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ¥27,755 Mil.

Zhejiang Provincial New Energy Investment Group Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*205.511/-227.779
=0.90

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zhejiang Provincial New Energy Investment Group Co Ltd interest coverage is 1.51, which is low.

Zhejiang Provincial New Energy Investment Group Co Interest Expense Historical Data

* Premium members only.

The historical data trend for Zhejiang Provincial New Energy Investment Group Co's Interest Expense 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.

Zhejiang Provincial New Energy Investment Group Co Interest Expense Chart

Zhejiang Provincial New Energy Investment Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -713.19 -1,187.75 -1,014.03 -1,005.33 -969.69

Zhejiang Provincial New Energy Investment Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -242.17 -234.31 -242.52 -250.69 -227.78
SHSE:600032
76GF Score
Zhejiang Provincial New Energy Investment Group Co Ltd SHSE:600032
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Provincial New Energy Investment Group Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-955 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ¥-955 Mil mean?
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) has a Interest Expense of ¥-955 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors.
Is Zhejiang Provincial New Energy Investment Group Co's Interest Expense too high?
Zhejiang Provincial New Energy Investment Group Co's current Interest Expense is ¥-955 Mil. Overall, Zhejiang Provincial New Energy Investment Group Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Provincial New Energy Investment Group Co's Interest Expense compare to competitors?
Zhejiang Provincial New Energy Investment Group Co's Interest Expense of ¥-955 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Utilities - Independent Power Producers company?
A good Interest Expense depends on the Utilities - Independent Power Producers industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. Zhejiang Provincial New Energy Investment Group Co's current Interest Expense is ¥-955 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Provincial New Energy Investment Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.51, compared to a current price of ¥6.65 — trading 11.5% below its estimated fair value. The current Interest Expense is ¥-955 Mil. Zhejiang Provincial New Energy Investment Group Co's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Zhejiang Provincial New Energy Investment Group Co (SHSE:600032), the current Interest Expense is ¥-955 Mil 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 Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co stock appears to be undervalued. The current stock price of ¥6.65 is trading 11.5% below its estimated GF Value™ of ¥7.51. GuruFocus considers Zhejiang Provincial New Energy Investment Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600032:

  • Interest Expense: ¥-955 Mil
  • GF Value™: ¥7.51 vs. price of ¥6.65 (11.5% below fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Provincial New Energy Investment Group Co Business Description

Address No. 8, Fengqi East Road, Kaixuan Street, Jianggan District, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
76GF Score

Get the complete analysis for SHSE:600032

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

¥6.65
Price
¥7.51
GF Value