Greenland Holdings Group (SHSE:600606) Debt-to-EBITDA : 71.76 (As of Jun. 2026) — 734% Above Median

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SHSE:600606 Greenland Holdings Group Corporation Ltd SHSE:600606
46 GF Score
Price ¥1.27
GF Value ¥1.16
Valuation Fairly Valued
! 8 Warning Signs
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What is Greenland Holdings Group Debt-to-EBITDA?

Greenland Holdings Group SHSE:600606 -3.79% 46 Debt-to-EBITDA is 71.76 as of Jun. 2026, which is 734% above its 10-year median of 8.60. GuruFocus rates SHSE:600606 with a GF Score™ of 46/100 and a GF Value™ of ¥1.16 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,267 Real Estate companies, Greenland Holdings Group ranks worse than 78926.52% on this metric.

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

Greenland Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥116,058 Mil. Greenland Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥92,769 Mil. Greenland Holdings Group's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥2,910 Mil. Greenland Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 71.76.

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 Greenland Holdings Group's Debt-to-EBITDA or its related term are showing as below:

SHSE:600606' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -64.61   Med: 8.6   Max: 33.02
Current: -10.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Greenland Holdings Group was 33.02. The lowest was -64.61. And the median was 8.60.

SHSE:600606's Debt-to-EBITDA is ranked worse than
100% of 1267 companies
in the Real Estate industry
Industry Median: 5.51 vs SHSE:600606: -10.86

Greenland Holdings Group  (SHSE:600606) 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.


Greenland Holdings Group Debt-to-EBITDA Related Terms


Greenland Holdings Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Greenland Holdings Group'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.

Greenland Holdings Group Debt-to-EBITDA Chart

Greenland Holdings Group 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 8.01 10.17 33.02 -64.61 -12.05

Greenland Holdings Group 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 -47.10 -33.49 -2.73 37.39 71.76

SHSE:600606 vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Greenland Holdings Group'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.


Greenland Holdings Group Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Greenland Holdings Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Greenland Holdings Group's Debt-to-EBITDA falls into.


SHSE:600606
46GF Score
Greenland Holdings Group Corporation Ltd SHSE:600606
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Holdings Group Debt-to-EBITDA Calculation

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

Greenland Holdings Group'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
=(127076.16 + 88799.384) / -17916.592
=-12.05

Greenland Holdings Group'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
=(116057.982 + 92768.5) / 2910.256
=71.76

* 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 71.76 mean?
Greenland Holdings Group (SHSE:600606) has a Debt-to-EBITDA of 71.76 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 Greenland Holdings Group. This is 734% above median its historical median of 8.60. According to the industry distribution chart, Greenland Holdings Group ranks #999999 out of 1267 companies in the Real Estate industry.
Is Greenland Holdings Group's Debt-to-EBITDA too high?
Greenland Holdings Group's current Debt-to-EBITDA of 71.76 is 734% above median its 10-year median of 8.60. The Real Estate industry median Debt-to-EBITDA is 5.51. Greenland Holdings Group's value of 71.76 is 1202.4% above this industry median. Based on the distribution chart, Greenland Holdings Group ranks #999999 out of 1267 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Greenland Holdings Group has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenland Holdings Group's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Greenland Holdings Group ranks #999999 out of 1267 companies for Debt-to-EBITDA. This places Greenland Holdings Group in the lower half of its industry. The industry median Debt-to-EBITDA is 5.51. Greenland Holdings Group's value of 71.76 is 1202.4% above this benchmark. While the company's 10-year median is 8.60 vs. the industry median of 5.51, Greenland Holdings Group 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 a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.51, based on 1,267 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. Greenland Holdings Group's current Debt-to-EBITDA of 71.76 is 1202.4% 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 Greenland Holdings Group. For the Real Estate industry, the median Debt-to-EBITDA is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Holdings Group's current Debt-to-EBITDA is 71.76, which is 734% above median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Greenland Holdings Group (SHSE:600606) is currently considered Fairly Valued. The stock's GF Value™ is ¥1.16, compared to a current price of ¥1.27 — trading 9.5% above its estimated fair value. The current Debt-to-EBITDA is 71.76, which is 734% above median its 10-year median of 8.60 and 1202.4% above the Real Estate industry median of 5.51. Greenland Holdings Group's overall GF Score™ is 46/100 with 8 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 Greenland Holdings Group (SHSE:600606), the current Debt-to-EBITDA is 71.76 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 Greenland Holdings Group (SHSE:600606) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Holdings Group stock appears to be overvalued. The current stock price of ¥1.27 is trading 9.5% above its estimated GF Value™ of ¥1.16. GuruFocus considers Greenland Holdings Group to be Fairly Valued.

Key valuation signals for SHSE:600606:

  • Debt-to-EBITDA: 71.76 (734% above median its 10-year median of 8.60)
  • GF Value™: ¥1.16 vs. price of ¥1.27 (9.5% above fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 1202.4% above the Real Estate median (#999999 of 1267)

No single metric tells the full story. See the SHSE:600606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenland Holdings Group Business Description

Address No. 700 Dapu Road, Huangpu District, Shanghai, CHN, 200023
Greenland Holdings Group Corporation Ltd is a China-based company. The company is principally engaged in the business of industrial investment, real estate development, operation, leasing, replacement, residential and infrastructure construction, hotel management, urban rail transit projects, financial information services, greening projects, technical services in the energy field, property management.
46GF Score

Get the complete analysis for SHSE:600606

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

¥1.27
Price
¥1.16
GF Value