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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.
SHSE:600320'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.23 Med: 10.08 Max: 11.75
Current: 10.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Shanghai Zhenhua Heavy Industries Co was 11.75. The lowest was 6.23. And the median was 10.08.
SHSE:600320's Debt-to-EBITDA is ranked worse than 90.73% of 2351
companies
in the Industrial Products industry
Industry Median: 1.71
vs SHSE:600320: 10.39
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.
Shanghai Zhenhua Heavy Industries Co Debt-to-EBITDA Related Terms
Shanghai Zhenhua Heavy Industries Co Debt-to-EBITDA Historical Data
* 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.
Shanghai Zhenhua Heavy Industries Co Debt-to-EBITDA Chart
SHSE:600320 vs GEV, ETN, PH: Debt-to-EBITDA Comparison
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's Debt-to-EBITDA falls into.
* 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Debt-to-EBITDA of 12.35 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 Shanghai Zhenhua Heavy Industries Co. This is 23% above median its historical median of 10.08. Over the past decade, Shanghai Zhenhua Heavy Industries Co's Debt-to-EBITDA has ranged from 6.23 to 11.75. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2133 out of 2351 companies in the Industrial Products industry, placing it in the top 90.7%.
Is Shanghai Zhenhua Heavy Industries Co's Debt-to-EBITDA too high?
Shanghai Zhenhua Heavy Industries Co's current Debt-to-EBITDA of 12.35 is 23% above median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 11.75. The Industrial Products industry median Debt-to-EBITDA is 1.71. Shanghai Zhenhua Heavy Industries Co's value of 12.35 is 622.2% above this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2133 out of 2351 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2133 out of 2351 companies for Debt-to-EBITDA. This places Shanghai Zhenhua Heavy Industries Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Shanghai Zhenhua Heavy Industries Co's value of 12.35 is 622.2% above this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own Debt-to-EBITDA has ranged from 6.23 to 11.75 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 1.71, Shanghai Zhenhua Heavy Industries 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 1.71, based on 2,351 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. Shanghai Zhenhua Heavy Industries Co's current Debt-to-EBITDA of 12.35 is 622.2% 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 Shanghai Zhenhua Heavy Industries Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhenhua Heavy Industries Co's current Debt-to-EBITDA is 12.35, which is 23% above median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.39, compared to a current price of ¥4.14 — trading 5.7% below its estimated fair value. The current Debt-to-EBITDA is 12.35, which is 23% above median its 10-year median of 10.08 and 622.2% above the Industrial Products industry median of 1.71. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 79/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Debt-to-EBITDA is 12.35 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.14 is trading 5.7% below its estimated GF Value™ of ¥4.39.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Fairly Valued.
Key valuation signals for SHSE:600320:
Debt-to-EBITDA: 12.35 (23% above median its 10-year median of 10.08)
GF Value™: ¥4.39 vs. price of ¥4.14 (5.7% below fair value)
Industry Position: 622.2% above the Industrial Products median (#2133 of 2351)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
79GF Score
Get the complete analysis for SHSE:600320
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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