Zhejiang Zhenshi New Materials Co (SHSE:601112) Debt-to-EBITDA : 1.98 (As of Jun. 2026) — 39% Below Median

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
16 GF Score
Price ¥16.11
! 3 Warning Signs
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What is Zhejiang Zhenshi New Materials Co Debt-to-EBITDA?

Zhejiang Zhenshi New Materials Co SHSE:601112 +3.40% 16 Debt-to-EBITDA is 1.98 as of Jun. 2026, which is 39% below its 10-year median of 3.23. GuruFocus rates SHSE:601112 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 2,310 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks worse than 54.42% on this metric.

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

Zhejiang Zhenshi New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥2,314 Mil. Zhejiang Zhenshi New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥223 Mil. Zhejiang Zhenshi New Materials Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥1,285 Mil. Zhejiang Zhenshi New Materials Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.97.

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 Zhejiang Zhenshi New Materials Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:601112' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.81   Med: 3.23   Max: 3.54
Current: 1.98

During the past 4 years, the highest Debt-to-EBITDA Ratio of Zhejiang Zhenshi New Materials Co was 3.54. The lowest was 1.81. And the median was 3.23.

SHSE:601112's Debt-to-EBITDA is ranked worse than
54.42% of 2310 companies
in the Industrial Products industry
Industry Median: 1.69 vs SHSE:601112: 1.98

Zhejiang Zhenshi New Materials Co  (SHSE:601112) 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.


Zhejiang Zhenshi New Materials Co Debt-to-EBITDA Related Terms


Zhejiang Zhenshi New Materials Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co Debt-to-EBITDA Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
1.81 2.99 3.54 3.46

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 3.21 3.87 2.63 1.98

SHSE:601112 vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.


Zhejiang Zhenshi New Materials Co Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhenshi New Materials Co's Debt-to-EBITDA falls into.


SHSE:601112
16GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Zhenshi New Materials Co Debt-to-EBITDA Calculation

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

Zhejiang Zhenshi New Materials 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
=(3006.52 + 1670.088) / 1350.64
=3.46

Zhejiang Zhenshi New Materials 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
=(2313.502 + 223.168) / 1284.6
=1.97

* 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 1.98 mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Debt-to-EBITDA of 1.98 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 Zhejiang Zhenshi New Materials Co. This is 39% below median its historical median of 3.23. Over the past decade, Zhejiang Zhenshi New Materials Co's Debt-to-EBITDA has ranged from 1.81 to 3.54. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1257 out of 2310 companies in the Industrial Products industry, placing it in the top 54.4%.
Is Zhejiang Zhenshi New Materials Co's Debt-to-EBITDA too high?
Zhejiang Zhenshi New Materials Co's current Debt-to-EBITDA of 1.98 is 39% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 3.54. The Industrial Products industry median Debt-to-EBITDA is 1.69. Zhejiang Zhenshi New Materials Co's value of 1.98 is 17.2% above this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #1257 out of 2310 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1257 out of 2310 companies for Debt-to-EBITDA. This places Zhejiang Zhenshi New Materials Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.69. Zhejiang Zhenshi New Materials Co's value of 1.98 is 17.2% above this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own Debt-to-EBITDA has ranged from 1.81 to 3.54 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.69, Zhejiang Zhenshi New Materials 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,310 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. Zhejiang Zhenshi New Materials Co's current Debt-to-EBITDA of 1.98 is 17.2% 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 Zhejiang Zhenshi New Materials Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zhenshi New Materials Co's current Debt-to-EBITDA is 1.98, which is 39% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Debt-to-EBITDA of 1.98. The current Debt-to-EBITDA is 1.98, which is 39% below median its 10-year median of 3.23 and 17.2% above the Industrial Products industry median of 1.69. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 16/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Debt-to-EBITDA is 1.98 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.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
16GF Score

Get the complete analysis for SHSE:601112

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

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