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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.
SHSE:600905's Debt-to-EBITDA is ranked worse than 94.46% of 343
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.98
vs SHSE:600905: 33.50
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.
China Three Gorges Renewables (Group) Co Debt-to-EBITDA Related Terms
China Three Gorges Renewables (Group) Co Debt-to-EBITDA Historical Data
* 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.
China Three Gorges Renewables (Group) Co Debt-to-EBITDA Chart
China Three Gorges Renewables (Group) Co Annual Data
China Three Gorges Renewables (Group) Co Debt-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.
China Three Gorges Renewables (Group) Co Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Debt-to-EBITDA falls into.
* 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.
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Debt-to-EBITDA of 37.05 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 China Three Gorges Renewables (Group) Co. This is 505% above median its historical median of 6.12. Over the past decade, China Three Gorges Renewables (Group) Co's Debt-to-EBITDA has ranged from 3.58 to 33.50. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #324 out of 343 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.5%.
Is China Three Gorges Renewables (Group) Co's Debt-to-EBITDA too high?
China Three Gorges Renewables (Group) Co's current Debt-to-EBITDA of 37.05 is 505% above median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 33.50. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.98. China Three Gorges Renewables (Group) Co's value of 37.05 is 644% above this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #324 out of 343 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #324 out of 343 companies for Debt-to-EBITDA. This places China Three Gorges Renewables (Group) Co in the lower half of its industry. The industry median Debt-to-EBITDA is 4.98. China Three Gorges Renewables (Group) Co's value of 37.05 is 644% above this benchmark. Historically, China Three Gorges Renewables (Group) Co's own Debt-to-EBITDA has ranged from 3.58 to 33.50 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 4.98, China Three Gorges Renewables (Group) Co 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 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. China Three Gorges Renewables (Group) Co's current Debt-to-EBITDA of 37.05 is 644% 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 China Three Gorges Renewables (Group) Co. 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. China Three Gorges Renewables (Group) Co's current Debt-to-EBITDA is 37.05, which is 505% above median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.01, compared to a current price of ¥3.68 — trading 8.2% below its estimated fair value. The current Debt-to-EBITDA is 37.05, which is 505% above median its 10-year median of 6.12 and 644% above the Utilities - Independent Power Producers industry median of 4.98. China Three Gorges Renewables (Group) Co's overall GF Score™ is 71/100 with 12 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 China Three Gorges Renewables (Group) Co (SHSE:600905), the current Debt-to-EBITDA is 37.05 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued.
The current stock price of ¥3.68 is trading 8.2% below its estimated GF Value™ of ¥4.01.
GuruFocus considers China Three Gorges Renewables (Group) Co to be Fairly Valued.
Key valuation signals for SHSE:600905:
Debt-to-EBITDA: 37.05 (505% above median its 10-year median of 6.12)
GF Value™: ¥4.01 vs. price of ¥3.68 (8.2% below fair value)
Industry Position: 644% above the Utilities - Independent Power Producers median (#324 of 343)
No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
71GF Score
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