EGing Photovoltaic Technology Co (SHSE:600537) Debt-to-EBITDA : -2.09 (As of Jun. 2026)

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SHSE:600537 EGing Photovoltaic Technology Co Ltd SHSE:600537
30 GF Score
Price ¥2.16
GF Value ¥0.96
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is EGing Photovoltaic Technology Co Debt-to-EBITDA?

EGing Photovoltaic Technology Co SHSE:600537 30 Debt-to-EBITDA is -2.09 as of Jun. 2026. GuruFocus rates SHSE:600537 with a GF Score™ of 30/100 and a GF Value™ of ¥0.96 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 747 Semiconductors companies, EGing Photovoltaic Technology Co ranks worse than 133868.67% on this metric.

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

EGing Photovoltaic Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥183 Mil. EGing Photovoltaic Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥195 Mil. EGing Photovoltaic Technology Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥-181 Mil. EGing Photovoltaic Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -2.09.

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 EGing Photovoltaic Technology Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600537' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.25   Med: 0.34   Max: 11.52
Current: -0.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of EGing Photovoltaic Technology Co was 11.52. The lowest was -10.25. And the median was 0.34.

SHSE:600537's Debt-to-EBITDA is ranked worse than
100% of 747 companies
in the Semiconductors industry
Industry Median: 1.34 vs SHSE:600537: -0.98

EGing Photovoltaic Technology Co  (SHSE:600537) 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.


EGing Photovoltaic Technology Co Debt-to-EBITDA Related Terms


EGing Photovoltaic Technology Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for EGing Photovoltaic Technology 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.

EGing Photovoltaic Technology Co Debt-to-EBITDA Chart

EGing Photovoltaic Technology 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 -1.25 1.29 1.71 -0.37 -10.25

EGing Photovoltaic Technology 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 -1.94 -4.79 -0.70 -2.00 -2.09

SHSE:600537 vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison

For the Solar subindustry, EGing Photovoltaic Technology 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.


EGing Photovoltaic Technology Co Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, EGing Photovoltaic Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EGing Photovoltaic Technology Co's Debt-to-EBITDA falls into.


SHSE:600537
30GF Score
EGing Photovoltaic Technology Co Ltd SHSE:600537
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EGing Photovoltaic Technology Co Debt-to-EBITDA Calculation

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

EGing Photovoltaic Technology 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
=(514.551 + 79.923) / -57.996
=-10.25

EGing Photovoltaic Technology 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
=(182.587 + 195.414) / -181.16
=-2.09

* 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 -2.09 mean?
EGing Photovoltaic Technology Co (SHSE:600537) has a Debt-to-EBITDA of -2.09 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 EGing Photovoltaic Technology Co. According to the industry distribution chart, EGing Photovoltaic Technology Co ranks #999999 out of 747 companies in the Semiconductors industry.
Is EGing Photovoltaic Technology Co's Debt-to-EBITDA too high?
EGing Photovoltaic Technology Co's current Debt-to-EBITDA is -2.09. Based on the distribution chart, EGing Photovoltaic Technology Co ranks #999999 out of 747 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, EGing Photovoltaic Technology Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EGing Photovoltaic Technology Co's Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, EGing Photovoltaic Technology Co ranks #999999 out of 747 companies for Debt-to-EBITDA. This places EGing Photovoltaic Technology Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.34. 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.34, based on 747 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 EGing Photovoltaic Technology Co. For the Semiconductors industry, the median Debt-to-EBITDA is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EGing Photovoltaic Technology Co's current Debt-to-EBITDA is -2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EGing Photovoltaic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, EGing Photovoltaic Technology Co (SHSE:600537) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.96, compared to a current price of ¥2.16 — trading 125% above its estimated fair value. The current Debt-to-EBITDA is -2.09. EGing Photovoltaic Technology Co's overall GF Score™ is 30/100 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 EGing Photovoltaic Technology Co (SHSE:600537), the current Debt-to-EBITDA is -2.09 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 EGing Photovoltaic Technology Co (SHSE:600537) Overvalued in 2026?

Based on GuruFocus' analysis, EGing Photovoltaic Technology Co stock appears to be overvalued. The current stock price of ¥2.16 is trading 125% above its estimated GF Value™ of ¥0.96. GuruFocus considers EGing Photovoltaic Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600537:

  • Debt-to-EBITDA: -2.09
  • GF Value™: ¥0.96 vs. price of ¥2.16 (125% above fair value)
  • GF Score™: 30/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EGing Photovoltaic Technology Co Business Description

Address No.18 Jinwu Road, Jiangsu Province, Jintan District, Changzhou, CHN, 213213
EGing Photovoltaic Technology Co Ltd is engaged in the Ingot/silicon growth, silicon wafer processing, cell manufacturing, module packaging, photovoltaic power generation.
30GF Score

Get the complete analysis for SHSE:600537

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

¥2.16
Price
¥0.96
GF Value