Xining Special Steel Co (SHSE:600117) Debt-to-EBITDA : -7.07 (As of Jun. 2026)

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SHSE:600117 Xining Special Steel Co Ltd SHSE:600117
47 GF Score
Price ¥2.25
GF Value ¥2.31
Valuation Fairly Valued
! 6 Warning Signs
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What is Xining Special Steel Co Debt-to-EBITDA?

Xining Special Steel Co SHSE:600117 -3.02% 47 Debt-to-EBITDA is -7.07 as of Jun. 2026. GuruFocus rates SHSE:600117 with a GF Score™ of 47/100 and a GF Value™ of ¥2.31 (Fairly Valued). The stock has 6 warning signs investors should review. Among 498 Steel companies, Xining Special Steel Co ranks worse than 200803.01% on this metric.

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

Xining Special Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,541 Mil. Xining Special Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥480 Mil. Xining Special Steel Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥-286 Mil. Xining Special Steel Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -7.07.

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 Xining Special Steel Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600117' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.52   Med: -1.11   Max: 12.64
Current: -2.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Xining Special Steel Co was 12.64. The lowest was -21.52. And the median was -1.11.

SHSE:600117's Debt-to-EBITDA is ranked worse than
100% of 498 companies
in the Steel industry
Industry Median: 2.825 vs SHSE:600117: -2.04

Xining Special Steel Co  (SHSE:600117) 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.


Xining Special Steel Co Debt-to-EBITDA Related Terms


Xining Special Steel Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Xining Special Steel 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.

Xining Special Steel Co Debt-to-EBITDA Chart

Xining Special Steel 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 -6.39 -17.26 0.50 -2.71 -4.55

Xining Special Steel Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -5.19 -1.24 -1.18 -1.71 -7.07

SHSE:600117 vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Xining Special Steel 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.


Xining Special Steel Co Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Xining Special Steel Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xining Special Steel Co's Debt-to-EBITDA falls into.


SHSE:600117
47GF Score
Xining Special Steel Co Ltd SHSE:600117
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xining Special Steel Co Debt-to-EBITDA Calculation

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

Xining Special Steel 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
=(1114.757 + 502.733) / -355.4
=-4.55

Xining Special Steel Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1541.231 + 479.766) / -286.032
=-7.07

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -7.07 mean?
Xining Special Steel Co (SHSE:600117) has a Debt-to-EBITDA of -7.07 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Xining Special Steel Co. According to the industry distribution chart, Xining Special Steel Co ranks #999999 out of 498 companies in the Steel industry.
Is Xining Special Steel Co's Debt-to-EBITDA too high?
Xining Special Steel Co's current Debt-to-EBITDA is -7.07. Based on the distribution chart, Xining Special Steel Co ranks #999999 out of 498 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Xining Special Steel Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xining Special Steel Co's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Xining Special Steel Co ranks #999999 out of 498 companies for Debt-to-EBITDA. This places Xining Special Steel Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.83. 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.83, based on 498 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 Xining Special Steel Co. For the Steel industry, the median Debt-to-EBITDA is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xining Special Steel Co's current Debt-to-EBITDA is -7.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xining Special Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Xining Special Steel Co (SHSE:600117) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.31, compared to a current price of ¥2.25 — trading 2.6% below its estimated fair value. The current Debt-to-EBITDA is -7.07. Xining Special Steel Co's overall GF Score™ is 47/100 with 6 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 Xining Special Steel Co (SHSE:600117), the current Debt-to-EBITDA is -7.07 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 Xining Special Steel Co (SHSE:600117) Overvalued in 2026?

Based on GuruFocus' analysis, Xining Special Steel Co stock appears to be undervalued. The current stock price of ¥2.25 is trading 2.6% below its estimated GF Value™ of ¥2.31. GuruFocus considers Xining Special Steel Co to be Fairly Valued.

Key valuation signals for SHSE:600117:

  • Debt-to-EBITDA: -7.07
  • GF Value™: ¥2.31 vs. price of ¥2.25 (2.6% below fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xining Special Steel Co Business Description

Address No. 52 West Qaidam Road, Qinghai Province, Xining, CHN, 810005
Xining Special Steel Co Ltd is mainly engaged in special steel processing and is Northwest China's steel production enterprise. Products include carbon steel, alloy steel products, die steel, and stainless steel.
47GF Score

Get the complete analysis for SHSE:600117

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

¥2.25
Price
¥2.31
GF Value