GD Power Development Co (SHSE:600795) Debt-to-Equity : 5.49 (As of Dec. 2023)

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What is GD Power Development Co Debt-to-Equity?

GD Power Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥88,476 Mil. GD Power Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥179,032 Mil. GD Power Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥48,762 Mil. GD Power Development Co's debt to equity for the quarter that ended in Dec. 2023 was 5.49.

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 GD Power Development Co's Debt-to-Equity or its related term are showing as below:

SHSE:600795' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.42 Med: 2.98 Max: 5.49
Current: 5.49

During the past 13 years, the highest Debt-to-Equity Ratio of GD Power Development Co was 5.49. The lowest was 2.42. And the median was 2.98.

SHSE:600795's Debt-to-Equity is ranked worse than
97.16% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs SHSE:600795: 5.49

GD Power Development Co Debt-to-Equity Historical Data

The historical data trend for GD Power Development 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.

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GD Power Development Co Debt-to-Equity Chart

GD Power Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.42

2.84

4.52

5.01

5.49

GD Power Development 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	Get a 7-Day Free Trial															5.01	5.03	5.21	5.05	5.49

Competitive Comparison of GD Power Development Co's Debt-to-Equity

For the Utilities - Renewable subindustry, GD Power Development 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.

GD Power Development Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GD Power Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GD Power Development Co's Debt-to-Equity falls into.

GD Power Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GD Power Development 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
	=	(88475.509	+	179031.573)	/	48762.277
	=	5.49

GD Power Development 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
	=	(88475.509	+	179031.573)	/	48762.277
	=	5.49

GD Power Development Co (SHSE:600795) 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.

GD Power Development Co Debt-to-Equity Related Terms

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GD Power Development Co (SHSE:600795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GD Power Development Co Ltd (SHSE:600795) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

An Hui North Park, Building 19, Chaoyang District, Beijing, CHN, 100101

Website

http://www.600795.com.cn

GD Power Development Co Ltd is a China-based company engaged in power generation and related businesses. Its businesses include thermal power generation, hydroelectric generation, wind power generation and solar power generation, among others. It also sells thermal products, chemical products, and coal products, among others. The company mainly operates businesses in the domestic market.

GD Power Development Co (SHSE:600795) Headlines

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