Shanghai Dragon (SHSE:600630) Debt-to-EBITDA : 3.59 (As of Jun. 2026) — 63% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600630 Shanghai Dragon Corp SHSE:600630
45 GF Score
Price ¥7.05
GF Value ¥9.23
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shanghai Dragon Debt-to-EBITDA?

Shanghai Dragon SHSE:600630 +0.57% 45 Debt-to-EBITDA is 3.59 as of Jun. 2026, which is 63% above its 10-year median of 2.20. GuruFocus rates SHSE:600630 with a GF Score™ of 45/100 and a GF Value™ of ¥9.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 832 Manufacturing - Apparel & Accessories companies, Shanghai Dragon ranks better than 64.3% on this metric.

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

Shanghai Dragon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥86 Mil. Shanghai Dragon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥40 Mil. Shanghai Dragon's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥35 Mil. Shanghai Dragon's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.59.

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 Shanghai Dragon's Debt-to-EBITDA or its related term are showing as below:

SHSE:600630' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.07   Med: 2.2   Max: 5.63
Current: 1.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shanghai Dragon was 5.63. The lowest was -3.07. And the median was 2.20.

SHSE:600630's Debt-to-EBITDA is ranked better than
64.3% of 832 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.675 vs SHSE:600630: 1.59

Shanghai Dragon  (SHSE:600630) 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.


Shanghai Dragon Debt-to-EBITDA Related Terms


Shanghai Dragon Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shanghai Dragon'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.

Shanghai Dragon Debt-to-EBITDA Chart

Shanghai Dragon 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 -3.07 -1.22 4.21 2.69 1.71

Shanghai Dragon 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 6.83 3.58 2.28 1.35 3.59

Shanghai Dragon Debt-to-EBITDA Competitor Comparison

For the Textile Manufacturing subindustry, Shanghai Dragon'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 Dragon Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Dragon's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai Dragon's Debt-to-EBITDA falls into.


SHSE:600630
45GF Score
Shanghai Dragon Corp SHSE:600630
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Dragon Debt-to-EBITDA Calculation

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

Shanghai Dragon'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
=(199.721 + 27.517) / 132.666
=1.71

Shanghai Dragon'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
=(86.288 + 40.47) / 35.32
=3.59

* 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 3.59 mean?
Shanghai Dragon (SHSE:600630) has a Debt-to-EBITDA of 3.59 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 Shanghai Dragon. This is 63% above median its historical median of 2.20. According to the industry distribution chart, Shanghai Dragon ranks #297 out of 832 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.7%.
Is Shanghai Dragon's Debt-to-EBITDA too high?
Shanghai Dragon's current Debt-to-EBITDA of 3.59 is 63% above median its 10-year median of 2.20. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.68. Shanghai Dragon's value of 3.59 is 34.2% above this industry median. Based on the distribution chart, Shanghai Dragon ranks #297 out of 832 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shanghai Dragon has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Dragon's Debt-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghai Dragon ranks #297 out of 832 companies for Debt-to-EBITDA. This puts Shanghai Dragon in the upper half of its industry. The industry median Debt-to-EBITDA is 2.68. Shanghai Dragon's value of 3.59 is 34.2% above this benchmark. While the company's 10-year median is 2.20 vs. the industry median of 2.68, Shanghai Dragon 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.68, based on 832 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 Dragon's current Debt-to-EBITDA of 3.59 is 34.2% 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 Dragon. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Dragon's current Debt-to-EBITDA is 3.59, which is 63% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Dragon stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Dragon (SHSE:600630) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.23, compared to a current price of ¥7.05 — trading 23.6% below its estimated fair value. The current Debt-to-EBITDA is 3.59, which is 63% above median its 10-year median of 2.20 and 34.2% above the Manufacturing - Apparel & Accessories industry median of 2.68. Shanghai Dragon's overall GF Score™ is 45/100 with 2 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 Dragon (SHSE:600630), the current Debt-to-EBITDA is 3.59 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 Shanghai Dragon (SHSE:600630) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Dragon stock appears to be undervalued. The current stock price of ¥7.05 is trading 23.6% below its estimated GF Value™ of ¥9.23. GuruFocus considers Shanghai Dragon to be Modestly Undervalued.

Key valuation signals for SHSE:600630:

  • Debt-to-EBITDA: 3.59 (63% above median its 10-year median of 2.20)
  • GF Value™: ¥9.23 vs. price of ¥7.05 (23.6% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 34.2% above the Manufacturing - Apparel & Accessories median (#297 of 832)

No single metric tells the full story. See the SHSE:600630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Dragon Business Description

Address No. 555, Kangwu Road, Pudong New District, Longtou Shares Sanqiang Industrial Park, Shanghai, CHN, 201315
Shanghai Dragon Corp focuses on the business of urban fashionable dress and home textile and foreign trade. Its core business includes Knitting and underwear; Clothing and dress; International trade; Home textile and Printing and dyeing.
45GF Score

Get the complete analysis for SHSE:600630

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

¥7.05
Price
¥9.23
GF Value