Taiyuan Heavy Industry Co (SHSE:600169) Debt-to-EBITDA : 19.59 (As of Jun. 2026) — 72% Above Median

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SHSE:600169 Taiyuan Heavy Industry Co Ltd SHSE:600169
60 GF Score
Price ¥2.19
GF Value ¥2.61
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Taiyuan Heavy Industry Co Debt-to-EBITDA?

Taiyuan Heavy Industry Co SHSE:600169 -0.90% 60 Debt-to-EBITDA is 19.59 as of Jun. 2026, which is 72% above its 10-year median of 11.42. GuruFocus rates SHSE:600169 with a GF Score™ of 60/100 and a GF Value™ of ¥2.61 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,318 Industrial Products companies, Taiyuan Heavy Industry Co ranks worse than 94.43% on this metric.

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

Taiyuan Heavy Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥4,306 Mil. Taiyuan Heavy Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥8,732 Mil. Taiyuan Heavy Industry Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥666 Mil. Taiyuan Heavy Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 19.59.

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 Taiyuan Heavy Industry Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600169' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.41   Med: 11.42   Max: 29.4
Current: 15.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of Taiyuan Heavy Industry Co was 29.40. The lowest was -11.41. And the median was 11.42.

SHSE:600169's Debt-to-EBITDA is ranked worse than
94.43% of 2318 companies
in the Industrial Products industry
Industry Median: 1.69 vs SHSE:600169: 15.76

Taiyuan Heavy Industry Co  (SHSE:600169) 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.


Taiyuan Heavy Industry Co Debt-to-EBITDA Related Terms


Taiyuan Heavy Industry Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Taiyuan Heavy Industry 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.

Taiyuan Heavy Industry Co Debt-to-EBITDA Chart

Taiyuan Heavy Industry 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 10.72 11.85 14.56 11.32 10.04

Taiyuan Heavy Industry 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 19.18 29.27 10.33 23.16 19.59

SHSE:600169 vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Taiyuan Heavy Industry 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.


Taiyuan Heavy Industry Co Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taiyuan Heavy Industry Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Taiyuan Heavy Industry Co's Debt-to-EBITDA falls into.


SHSE:600169
60GF Score
Taiyuan Heavy Industry Co Ltd SHSE:600169
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiyuan Heavy Industry Co Debt-to-EBITDA Calculation

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

Taiyuan Heavy Industry 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
=(6010.335 + 8809.806) / 1475.647
=10.04

Taiyuan Heavy Industry 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
=(4306.446 + 8731.953) / 665.58
=19.59

* 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 19.59 mean?
Taiyuan Heavy Industry Co (SHSE:600169) has a Debt-to-EBITDA of 19.59 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 Taiyuan Heavy Industry Co. This is 72% above median its historical median of 11.42. According to the industry distribution chart, Taiyuan Heavy Industry Co ranks #2189 out of 2318 companies in the Industrial Products industry, placing it in the top 94.4%.
Is Taiyuan Heavy Industry Co's Debt-to-EBITDA too high?
Taiyuan Heavy Industry Co's current Debt-to-EBITDA of 19.59 is 72% above median its 10-year median of 11.42. The Industrial Products industry median Debt-to-EBITDA is 1.69. Taiyuan Heavy Industry Co's value of 19.59 is 1059.2% above this industry median. Based on the distribution chart, Taiyuan Heavy Industry Co ranks #2189 out of 2318 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Taiyuan Heavy Industry Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiyuan Heavy Industry Co's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Taiyuan Heavy Industry Co ranks #2189 out of 2318 companies for Debt-to-EBITDA. This places Taiyuan Heavy Industry Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.69. Taiyuan Heavy Industry Co's value of 19.59 is 1059.2% above this benchmark. While the company's 10-year median is 11.42 vs. the industry median of 1.69, Taiyuan Heavy Industry Co has consistently been above the industry average. 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,318 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. Taiyuan Heavy Industry Co's current Debt-to-EBITDA of 19.59 is 1059.2% above the industry median. 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 Taiyuan Heavy Industry Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyuan Heavy Industry Co's current Debt-to-EBITDA is 19.59, which is 72% above median its own 10-year median of 11.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyuan Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyuan Heavy Industry Co (SHSE:600169) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.61, compared to a current price of ¥2.19 — trading 16.1% below its estimated fair value. The current Debt-to-EBITDA is 19.59, which is 72% above median its 10-year median of 11.42 and 1059.2% above the Industrial Products industry median of 1.69. Taiyuan Heavy Industry Co's overall GF Score™ is 60/100 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 Taiyuan Heavy Industry Co (SHSE:600169), the current Debt-to-EBITDA is 19.59 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 Taiyuan Heavy Industry Co (SHSE:600169) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyuan Heavy Industry Co stock appears to be undervalued. The current stock price of ¥2.19 is trading 16.1% below its estimated GF Value™ of ¥2.61. GuruFocus considers Taiyuan Heavy Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600169:

  • Debt-to-EBITDA: 19.59 (72% above median its 10-year median of 11.42)
  • GF Value™: ¥2.61 vs. price of ¥2.19 (16.1% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 1059.2% above the Industrial Products median (#2189 of 2318)

No single metric tells the full story. See the SHSE:600169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyuan Heavy Industry Co Business Description

Address No. 53 Yuhe Street, Waibailin District, Shanxi Province, Taiyuan, CHN, 030024
Taiyuan Heavy Industry Co Ltd is engaged in the manufacturing and distribution of heavy machinery in China. It manufactures cranes, excavators and coking devices, rolling mills, and forging equipment.
60GF Score

Get the complete analysis for SHSE:600169

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

¥2.19
Price
¥2.61
GF Value