Kangxin New Materials Co (SHSE:600076) Debt-to-EBITDA : -15.57 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600076 Kangxin New Materials Co Ltd SHSE:600076
50 GF Score
Price ¥3.11
GF Value ¥2.58
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kangxin New Materials Co Debt-to-EBITDA?

Kangxin New Materials Co SHSE:600076 -1.89% 50 Debt-to-EBITDA is -15.57 as of Mar. 2026. GuruFocus rates SHSE:600076 with a GF Score™ of 50/100 and a GF Value™ of ¥2.58 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 211 Forest Products companies, Kangxin New Materials Co ranks worse than 473933.18% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kangxin New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥1,015.9 Mil. Kangxin New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥935.8 Mil. Kangxin New Materials Co's annualized EBITDA for the quarter that ended in Mar. 2026 was ¥-125.4 Mil. Kangxin New Materials Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -15.57.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kangxin New Materials Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600076' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.44   Med: 1.57   Max: 77.91
Current: -6.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kangxin New Materials Co was 77.91. The lowest was -19.44. And the median was 1.57.

SHSE:600076's Debt-to-EBITDA is ranked worse than
100% of 211 companies
in the Forest Products industry
Industry Median: 3.3 vs SHSE:600076: -6.33

Kangxin New Materials Co  (SHSE:600076) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Kangxin New Materials Co Debt-to-EBITDA Related Terms


Kangxin New Materials Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kangxin New Materials Co's Debt-to-EBITDA 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.

Kangxin New Materials Co Debt-to-EBITDA Chart

Kangxin New Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.35 63.13 -18.21 -19.44 -9.41

Kangxin New Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 -13.28 -5.23 -11.28 -2.47 -15.57

SHSE:600076 vs SSD, UFPI, BCC: Debt-to-EBITDA Comparison

For the Lumber & Wood Production subindustry, Kangxin New Materials Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Kangxin New Materials Co Debt-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kangxin New Materials Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kangxin New Materials Co's Debt-to-EBITDA falls into.


SHSE:600076
50GF Score
Kangxin New Materials Co Ltd SHSE:600076
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kangxin New Materials Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kangxin New Materials Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(735.853 + 961.04) / -180.314
=-9.41

Kangxin New Materials Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1015.934 + 935.81) / -125.38
=-15.57

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -15.57 mean?
Kangxin New Materials Co (SHSE:600076) has a Debt-to-EBITDA of -15.57 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kangxin New Materials Co. According to the industry distribution chart, Kangxin New Materials Co ranks #999999 out of 211 companies in the Forest Products industry.
Is Kangxin New Materials Co's Debt-to-EBITDA too high?
Kangxin New Materials Co's current Debt-to-EBITDA is -15.57. Based on the distribution chart, Kangxin New Materials Co ranks #999999 out of 211 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Kangxin New Materials Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kangxin New Materials Co's Debt-to-EBITDA compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Kangxin New Materials Co ranks #999999 out of 211 companies for Debt-to-EBITDA. This places Kangxin New Materials Co in the lower half of its industry. The industry median Debt-to-EBITDA is 3.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.30, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kangxin New Materials Co. For the Forest Products industry, the median Debt-to-EBITDA is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kangxin New Materials Co's current Debt-to-EBITDA is -15.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangxin New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Kangxin New Materials Co (SHSE:600076) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.58, compared to a current price of ¥3.11 — trading 20.5% above its estimated fair value. The current Debt-to-EBITDA is -15.57. Kangxin New Materials Co's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Kangxin New Materials Co (SHSE:600076), the current Debt-to-EBITDA is -15.57 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 Kangxin New Materials Co (SHSE:600076) Overvalued in 2026?

Based on GuruFocus' analysis, Kangxin New Materials Co stock appears to be overvalued. The current stock price of ¥3.11 is trading 20.5% above its estimated GF Value™ of ¥2.58. GuruFocus considers Kangxin New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:600076:

  • Debt-to-EBITDA: -15.57
  • GF Value™: ¥2.58 vs. price of ¥3.11 (20.5% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kangxin New Materials Co Business Description

Address No. 1, Xinhe Industrial Park Road, Hanchuan Economic Development Zone, Hubei Province, Xiaogan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.
50GF Score

Get the complete analysis for SHSE:600076

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

¥3.11
Price
¥2.58
GF Value