Snowskylt Industry Group Co (SHSE:600929) Debt-to-EBITDA : (As of Jun. 2026)

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SHSE:600929 Snowsky Salt Industry Group Co Ltd SHSE:600929
76 GF Score
Price ¥6.43
GF Value ¥5.58
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Snowskylt Industry Group Co Debt-to-EBITDA?

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

Snowskylt Industry Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,882 Mil. Snowskylt Industry Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,124 Mil. Snowskylt Industry Group Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥968 Mil. Snowskylt Industry Group Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.11.

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 Snowskylt Industry Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600929' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 1.1   Max: 7.87
Current: 7.87

During the past 11 years, the highest Debt-to-EBITDA Ratio of Snowskylt Industry Group Co was 7.87. The lowest was 0.21. And the median was 1.10.

SHSE:600929's Debt-to-EBITDA is ranked worse than
85.98% of 1270 companies
in the Chemicals industry
Industry Median: 1.98 vs SHSE:600929: 7.87

Snowskylt Industry Group Co  (SHSE:600929) 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.


Snowskylt Industry Group Co Debt-to-EBITDA Related Terms


Snowskylt Industry Group Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Snowskylt Industry Group 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.

Snowskylt Industry Group Co Debt-to-EBITDA Chart

Snowskylt Industry Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Snowskylt Industry Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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SHSE:600929 vs DOW: Debt-to-EBITDA Comparison

For the Chemicals subindustry, Snowskylt Industry 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.


Snowskylt Industry Group Co Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Snowskylt Industry Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Snowskylt Industry Group Co's Debt-to-EBITDA falls into.


SHSE:600929
76GF Score
Snowsky Salt Industry Group Co Ltd SHSE:600929
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snowskylt Industry Group Co Debt-to-EBITDA Calculation

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

Snowskylt Industry Group 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
=(1840.24016082 + 325.09240685) / 752.34394385
=2.88

Snowskylt Industry Group 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
=(1881.68956327 + 1124.43413143) / 967.59330266
=3.11

* 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.

Is Snowskylt Industry Group Co (SHSE:600929) Overvalued in 2026?

Based on GuruFocus' analysis, Snowskylt Industry Group Co stock appears to be overvalued. The current stock price of ¥6.43 is trading 15.2% above its estimated GF Value™ of ¥5.58. GuruFocus considers Snowskylt Industry Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600929:

  • Debt-to-EBITDA:
  • GF Value™: ¥5.58 vs. price of ¥6.43 (15.2% above fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Snowskylt Industry Group Co Business Description

Address No. 519 Jianxiang Road, Furong District, Hunan Province, Changsha, CHN, 410005
Snowsky Salt Industry Group Co Ltd formerly known as Hunan Salt Industry Co Ltd is mainly engaged in the production and sale of salt products. The main products include salt, small industrial salt, daily chemical salt and others.
76GF Score

Get the complete analysis for SHSE:600929

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

¥6.43
Price
¥5.58
GF Value