Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Debt-to-EBITDA : 3.52 (As of Jun. 2026) — 16% Below Median

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SHSE:600863 Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd SHSE:600863
75 GF Score
Price ¥4.72
GF Value ¥3.53
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Inner Mongolia Mengdian Huaneng Thermal Power Debt-to-EBITDA?

Inner Mongolia Mengdian Huaneng Thermal Power SHSE:600863 75 Debt-to-EBITDA is 3.52 as of Jun. 2026, which is 16% below its 10-year median of 4.21. GuruFocus rates SHSE:600863 with a GF Score™ of 75/100 and a GF Value™ of ¥3.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 343 Utilities - Independent Power Producers companies, Inner Mongolia Mengdian Huaneng Thermal Power ranks better than 54.81% on this metric.

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

Inner Mongolia Mengdian Huaneng Thermal Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥5,498 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥8,210 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥3,896 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.52.

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 Inner Mongolia Mengdian Huaneng Thermal Power's Debt-to-EBITDA or its related term are showing as below:

SHSE:600863' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.17   Med: 4.21   Max: 13.32
Current: 4.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Inner Mongolia Mengdian Huaneng Thermal Power was 13.32. The lowest was 2.17. And the median was 4.21.

SHSE:600863's Debt-to-EBITDA is ranked better than
54.81% of 343 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.98 vs SHSE:600863: 4.34

Inner Mongolia Mengdian Huaneng Thermal Power  (SHSE:600863) 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.


Inner Mongolia Mengdian Huaneng Thermal Power Debt-to-EBITDA Related Terms


Inner Mongolia Mengdian Huaneng Thermal Power Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power Debt-to-EBITDA Chart

Inner Mongolia Mengdian Huaneng Thermal Power 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 13.32 2.54 2.17 2.28 2.27

Inner Mongolia Mengdian Huaneng Thermal Power 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 1.77 5.22 6.35 3.32 3.52

SHSE:600863 vs CEG, VST, NRG: Debt-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, Inner Mongolia Mengdian Huaneng Thermal Power'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.


Inner Mongolia Mengdian Huaneng Thermal Power Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Inner Mongolia Mengdian Huaneng Thermal Power's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Mengdian Huaneng Thermal Power's Debt-to-EBITDA falls into.


SHSE:600863
75GF Score
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd SHSE:600863
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inner Mongolia Mengdian Huaneng Thermal Power Debt-to-EBITDA Calculation

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

Inner Mongolia Mengdian Huaneng Thermal Power'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
=(6340.617 + 8238.628) / 6433.171
=2.27

Inner Mongolia Mengdian Huaneng Thermal Power'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
=(5497.842 + 8209.996) / 3896.24
=3.52

* 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 3.52 mean?
Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) has a Debt-to-EBITDA of 3.52 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 Inner Mongolia Mengdian Huaneng Thermal Power. This is 16% below median its historical median of 4.21. Over the past decade, Inner Mongolia Mengdian Huaneng Thermal Power's Debt-to-EBITDA has ranged from 2.17 to 13.32. According to the industry distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #155 out of 343 companies in the Utilities - Independent Power Producers industry, placing it in the top 45.2%.
Is Inner Mongolia Mengdian Huaneng Thermal Power's Debt-to-EBITDA too high?
Inner Mongolia Mengdian Huaneng Thermal Power's current Debt-to-EBITDA of 3.52 is 16% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 13.32. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.98. Inner Mongolia Mengdian Huaneng Thermal Power's value of 3.52 is 29.3% below this industry median. Based on the distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #155 out of 343 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Inner Mongolia Mengdian Huaneng Thermal Power has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia Mengdian Huaneng Thermal Power's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #155 out of 343 companies for Debt-to-EBITDA. This puts Inner Mongolia Mengdian Huaneng Thermal Power in the upper half of its industry. The industry median Debt-to-EBITDA is 4.98. Inner Mongolia Mengdian Huaneng Thermal Power's value of 3.52 is 29.3% below this benchmark. Historically, Inner Mongolia Mengdian Huaneng Thermal Power's own Debt-to-EBITDA has ranged from 2.17 to 13.32 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 4.98, Inner Mongolia Mengdian Huaneng Thermal Power has consistently been below 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 Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.98, based on 343 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. Inner Mongolia Mengdian Huaneng Thermal Power's current Debt-to-EBITDA of 3.52 is 29.3% below 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 Inner Mongolia Mengdian Huaneng Thermal Power. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia Mengdian Huaneng Thermal Power's current Debt-to-EBITDA is 3.52, which is 16% below median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia Mengdian Huaneng Thermal Power stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.53, compared to a current price of ¥4.72 — trading 33.7% above its estimated fair value. The current Debt-to-EBITDA is 3.52, which is 16% below median its 10-year median of 4.21 and 29.3% below the Utilities - Independent Power Producers industry median of 4.98. Inner Mongolia Mengdian Huaneng Thermal Power's overall GF Score™ is 75/100 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863), the current Debt-to-EBITDA is 3.52 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power stock appears to be overvalued. The current stock price of ¥4.72 is trading 33.7% above its estimated GF Value™ of ¥3.53. GuruFocus considers Inner Mongolia Mengdian Huaneng Thermal Power to be Significantly Overvalued.

Key valuation signals for SHSE:600863:

  • Debt-to-EBITDA: 3.52 (16% below median its 10-year median of 4.21)
  • GF Value™: ¥3.53 vs. price of ¥4.72 (33.7% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 29.3% below the Utilities - Independent Power Producers median (#155 of 343)

No single metric tells the full story. See the SHSE:600863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolia Mengdian Huaneng Thermal Power Business Description

Address No.218, Xilin South Road, Inner Mongolia Autonomous Region, Huhehaote, CHN, 010020
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd is engaged in the generation and distribution of electric heat and power.
75GF Score

Get the complete analysis for SHSE:600863

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

¥4.72
Price
¥3.53
GF Value