Ningbo Ronbay New Energy Technology Co (SHSE:688005) Interest Expense: ¥-185 Mil (TTM As of Jun. 2026)

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SHSE:688005 Ningbo Ronbay New Energy Technology Co Ltd SHSE:688005
79 GF Score
Price ¥27.95
GF Value ¥23.43
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Ningbo Ronbay New Energy Technology Co Interest Expense?

Ningbo Ronbay New Energy Technology Co SHSE:688005 +0.68% 79 Interest Expense is ¥-185 Mil as of Jun. 2026. GuruFocus rates SHSE:688005 with a GF Score™ of 79/100 and a GF Value™ of ¥23.43 (Modestly Overvalued). 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. Ningbo Ronbay New Energy Technology Co's interest expense for the three months ended in Jun. 2026 was ¥ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥-185 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. Ningbo Ronbay New Energy Technology Co's Operating Income for the three months ended in Jun. 2026 was ¥ 206 Mil. Ningbo Ronbay New Energy Technology Co's Interest Expense for the three months ended in Jun. 2026 was ¥ -47 Mil. Ningbo Ronbay New Energy Technology Co's Interest Coverage for the quarter that ended in Jun. 2026 was 4.42. 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.


Ningbo Ronbay New Energy Technology Co  (SHSE:688005) 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.

Ningbo Ronbay New Energy Technology Co's Interest Expense for the three months ended in Jun. 2026 was ¥-47 Mil. Its Operating Income for the three months ended in Jun. 2026 was ¥206 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ¥4,226 Mil.

Ningbo Ronbay New Energy Technology Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*206.188/-46.662
=4.42

* 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. Ningbo Ronbay New Energy Technology Co Ltd interest coverage is 1.54, which is low.


Ningbo Ronbay New Energy Technology Co Interest Expense Historical Data

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The historical data trend for Ningbo Ronbay New Energy Technology 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.

Ningbo Ronbay New Energy Technology Co Interest Expense Chart

Ningbo Ronbay New Energy Technology 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 -10.77 -85.95 -148.68 -182.27 -178.64

Ningbo Ronbay New Energy Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -43.09 -48.29 -44.91 -44.72 -46.66
SHSE:688005
79GF Score
Ningbo Ronbay New Energy Technology Co Ltd SHSE:688005
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Ronbay New Energy Technology 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-185 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 ¥-185 Mil mean?
Ningbo Ronbay New Energy Technology Co (SHSE:688005) has a Interest Expense of ¥-185 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ningbo Ronbay New Energy Technology Co and its competitors.
Is Ningbo Ronbay New Energy Technology Co's Interest Expense too high?
Ningbo Ronbay New Energy Technology Co's current Interest Expense is ¥-185 Mil. Overall, Ningbo Ronbay New Energy Technology Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Ronbay New Energy Technology Co's Interest Expense compare to VRT and BE?
Ningbo Ronbay New Energy Technology Co's Interest Expense of ¥-185 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Ningbo Ronbay New Energy Technology Co and its competitors. Ningbo Ronbay New Energy Technology Co's current Interest Expense is ¥-185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Ronbay New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co (SHSE:688005) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.43, compared to a current price of ¥27.95 — trading 19.3% above its estimated fair value. The current Interest Expense is ¥-185 Mil. Ningbo Ronbay New Energy Technology Co's overall GF Score™ is 79/100 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 Ningbo Ronbay New Energy Technology Co (SHSE:688005), the current Interest Expense is ¥-185 Mil 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 Ningbo Ronbay New Energy Technology Co (SHSE:688005) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co stock appears to be overvalued. The current stock price of ¥27.95 is trading 19.3% above its estimated GF Value™ of ¥23.43. GuruFocus considers Ningbo Ronbay New Energy Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688005:

  • Interest Expense: ¥-185 Mil
  • GF Value™: ¥23.43 vs. price of ¥27.95 (19.3% above fair value)
  • GF Score™: 79/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Ronbay New Energy Technology Co Business Description

Address No. 39 Tanjialing East Road, Zhejiang Province, Yuyao, CHN, 315400
Ningbo Ronbay New Energy Technology Co Ltd is engaged in the research and development, production, and marketing of multi-materials, lithium ferromanganese phosphate (lmfp) materials, sodium battery materials, and multi-precursors. The products are mainly used in the manufacturing of lithium/sodium batteries and are mainly applied in fields such as electric vehicles, electric two-wheelers, energy storage equipment, and electronic products.
79GF Score

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

¥27.95
Price
¥23.43
GF Value