Shanghai Electric Group Co (Shanghai Electric Group Co) Debt-to-Equity

: 0.93 (As of Dec. 2023) 中文

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Shanghai Electric Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,265 Mil. Shanghai Electric Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,593 Mil. Shanghai Electric Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,394 Mil. Shanghai Electric Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.93.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Shanghai Electric Group Co's Debt-to-Equity or its related term are showing as below:

SIELY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.64 Max: 0.93
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Electric Group Co was 0.93. The lowest was 0.25. And the median was 0.64.

SIELY's Debt-to-Equity is ranked worse than
85.4% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs SIELY: 0.93

Shanghai Electric Group Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Electric Group Co's Debt-to-Equity 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.

* Premium members only.

Shanghai Electric Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.73

0.68

0.82

0.75

0.93

Shanghai Electric Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.75	0.78	0.94	0.94	0.93

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Electric Group Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Shanghai Electric Group Co Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, Shanghai Electric Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Electric Group Co's Debt-to-Equity falls into.

Shanghai Electric Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Electric Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2264.802	+	4592.892)	/	7394.455
	=	0.93

Shanghai Electric Group Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2264.802	+	4592.892)	/	7394.455
	=	0.93

Shanghai Electric Group Co (OTCPK:SIELY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Shanghai Electric Group Co Debt-to-Equity Related Terms

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Shanghai Electric Group Co (Shanghai Electric Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Electric Group Co Ltd (OTCPK:SIELY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SIELF:USA 02727:Hong Kong USR:Germany 601727:China

Address

No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002

Website

https://www.shanghai-electric.com

Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.