Shede Spirits Co (SHSE:600702) Debt-to-EBITDA : -6.60 (As of Jun. 2026)

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SHSE:600702 Shede Spirits Co Ltd SHSE:600702
83 GF Score
Price ¥35.27
GF Value ¥45.25
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Shede Spirits Co Debt-to-EBITDA?

Shede Spirits Co SHSE:600702 +0.06% 83 Debt-to-EBITDA is -6.60 as of Jun. 2026. GuruFocus rates SHSE:600702 with a GF Score™ of 83/100 and a GF Value™ of ¥45.25 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 156 Beverages - Alcoholic companies, Shede Spirits Co ranks worse than 641025% on this metric.

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

Shede Spirits Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,845 Mil. Shede Spirits Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥947 Mil. Shede Spirits Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥-423 Mil. Shede Spirits Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -6.60.

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 Shede Spirits Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600702' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -160.08   Med: 1.18   Max: 3.86
Current: -160.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shede Spirits Co was 3.86. The lowest was -160.08. And the median was 1.18.

SHSE:600702's Debt-to-EBITDA is ranked worse than
100% of 156 companies
in the Beverages - Alcoholic industry
Industry Median: 2.155 vs SHSE:600702: -160.08

Shede Spirits Co  (SHSE:600702) 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.


Shede Spirits Co Debt-to-EBITDA Related Terms


Shede Spirits Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shede Spirits 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.

Shede Spirits Co Debt-to-EBITDA Chart

Shede Spirits 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 0.03 0.02 0.06 1.63 3.86

Shede Spirits 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 4.35 11.17 -2.06 2.29 -6.60

SHSE:600702 vs BF.B: Debt-to-EBITDA Comparison

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co Debt-to-EBITDA vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shede Spirits Co's Debt-to-EBITDA falls into.


SHSE:600702
83GF Score
Shede Spirits Co Ltd SHSE:600702
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shede Spirits Co Debt-to-EBITDA Calculation

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

Shede Spirits 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
=(1542.178 + 773.892) / 599.862
=3.86

Shede Spirits 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
=(1845.432 + 946.646) / -423.2
=-6.60

* 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 -6.60 mean?
Shede Spirits Co (SHSE:600702) has a Debt-to-EBITDA of -6.60 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 Shede Spirits Co. According to the industry distribution chart, Shede Spirits Co ranks #999999 out of 156 companies in the Beverages - Alcoholic industry.
Is Shede Spirits Co's Debt-to-EBITDA too high?
Shede Spirits Co's current Debt-to-EBITDA is -6.60. Based on the distribution chart, Shede Spirits Co ranks #999999 out of 156 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Shede Spirits Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Debt-to-EBITDA compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #999999 out of 156 companies for Debt-to-EBITDA. This places Shede Spirits Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.16. 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 Beverages - Alcoholic company?
The median Debt-to-EBITDA among Beverages - Alcoholic companies is 2.16, based on 156 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 Shede Spirits Co. For the Beverages - Alcoholic industry, the median Debt-to-EBITDA is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current Debt-to-EBITDA is -6.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥45.25, compared to a current price of ¥35.27 — trading 22.1% below its estimated fair value. The current Debt-to-EBITDA is -6.60. Shede Spirits Co's overall GF Score™ is 83/100 with 9 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 Shede Spirits Co (SHSE:600702), the current Debt-to-EBITDA is -6.60 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥35.27 is trading 22.1% below its estimated GF Value™ of ¥45.25. GuruFocus considers Shede Spirits Co to be Modestly Undervalued.

Key valuation signals for SHSE:600702:

  • Debt-to-EBITDA: -6.60
  • GF Value™: ¥45.25 vs. price of ¥35.27 (22.1% below fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
83GF Score

Get the complete analysis for SHSE:600702

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

¥35.27
Price
¥45.25
GF Value