Ningbo Solartron Technology Co (SHSE:688299) Debt-to-EBITDA : 40.45 (As of Jun. 2026) — 2322% Above Median

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SHSE:688299 Ningbo Solartron Technology Co Ltd SHSE:688299
71 GF Score
Price ¥12.88
GF Value ¥16.31
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Ningbo Solartron Technology Co Debt-to-EBITDA?

Ningbo Solartron Technology Co SHSE:688299 +0.55% 71 Debt-to-EBITDA is 40.45 as of Jun. 2026, which is 2322% above its 10-year median of 1.67. GuruFocus rates SHSE:688299 with a GF Score™ of 71/100 and a GF Value™ of ¥16.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,264 Chemicals companies, Ningbo Solartron Technology Co ranks worse than 79113.84% on this metric.

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

Ningbo Solartron Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥355 Mil. Ningbo Solartron Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥376 Mil. Ningbo Solartron Technology Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥18 Mil. Ningbo Solartron Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 40.45.

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 Ningbo Solartron Technology Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688299' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -122.46   Med: 1.67   Max: 7.35
Current: -7.1

During the past 12 years, the highest Debt-to-EBITDA Ratio of Ningbo Solartron Technology Co was 7.35. The lowest was -122.46. And the median was 1.67.

SHSE:688299's Debt-to-EBITDA is ranked worse than
100% of 1264 companies
in the Chemicals industry
Industry Median: 2.005 vs SHSE:688299: -7.10

Ningbo Solartron Technology Co  (SHSE:688299) 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.


Ningbo Solartron Technology Co Debt-to-EBITDA Related Terms


Ningbo Solartron Technology Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ningbo Solartron Technology 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.

Ningbo Solartron Technology Co Debt-to-EBITDA Chart

Ningbo Solartron Technology 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 0.19 0.87 2.64 5.23 -122.46

Ningbo Solartron Technology 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 -10.75 16.71 -1.19 9.82 40.45

SHSE:688299 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Ningbo Solartron Technology 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.


Ningbo Solartron Technology Co Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Solartron Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ningbo Solartron Technology Co's Debt-to-EBITDA falls into.


SHSE:688299
71GF Score
Ningbo Solartron Technology Co Ltd SHSE:688299
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Solartron Technology Co Debt-to-EBITDA Calculation

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

Ningbo Solartron Technology 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
=(245.73 + 396.201) / -5.242
=-122.46

Ningbo Solartron Technology 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
=(355.169 + 375.8) / 18.072
=40.45

* 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 40.45 mean?
Ningbo Solartron Technology Co (SHSE:688299) has a Debt-to-EBITDA of 40.45 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 Ningbo Solartron Technology Co. This is 2322% above median its historical median of 1.67. According to the industry distribution chart, Ningbo Solartron Technology Co ranks #999999 out of 1264 companies in the Chemicals industry.
Is Ningbo Solartron Technology Co's Debt-to-EBITDA too high?
Ningbo Solartron Technology Co's current Debt-to-EBITDA of 40.45 is 2322% above median its 10-year median of 1.67. The Chemicals industry median Debt-to-EBITDA is 2.01. Ningbo Solartron Technology Co's value of 40.45 is 1917.5% above this industry median. Based on the distribution chart, Ningbo Solartron Technology Co ranks #999999 out of 1264 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningbo Solartron Technology Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Solartron Technology Co's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Solartron Technology Co ranks #999999 out of 1264 companies for Debt-to-EBITDA. This places Ningbo Solartron Technology Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Ningbo Solartron Technology Co's value of 40.45 is 1917.5% above this benchmark. While the company's 10-year median is 1.67 vs. the industry median of 2.01, Ningbo Solartron Technology 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 a Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.01, based on 1,264 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. Ningbo Solartron Technology Co's current Debt-to-EBITDA of 40.45 is 1917.5% 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 Ningbo Solartron Technology Co. For the Chemicals industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Solartron Technology Co's current Debt-to-EBITDA is 40.45, which is 2322% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Solartron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co (SHSE:688299) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.31, compared to a current price of ¥12.88 — trading 21% below its estimated fair value. The current Debt-to-EBITDA is 40.45, which is 2322% above median its 10-year median of 1.67 and 1917.5% above the Chemicals industry median of 2.01. Ningbo Solartron Technology Co's overall GF Score™ is 71/100 with 6 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 Ningbo Solartron Technology Co (SHSE:688299), the current Debt-to-EBITDA is 40.45 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 Ningbo Solartron Technology Co (SHSE:688299) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Solartron Technology Co stock appears to be undervalued. The current stock price of ¥12.88 is trading 21% below its estimated GF Value™ of ¥16.31. GuruFocus considers Ningbo Solartron Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688299:

  • Debt-to-EBITDA: 40.45 (2322% above median its 10-year median of 1.67)
  • GF Value™: ¥16.31 vs. price of ¥12.88 (21% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 1917.5% above the Chemicals median (#999999 of 1264)

No single metric tells the full story. See the SHSE:688299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Solartron Technology Co Business Description

Address No.999 Qingfeng Road, Jiangbei District, Zhejiang, Ningbo, CHN, 315000
Ningbo Solartron Technology Co Ltd is mainly engaged in the research, development, production and sales of reflective film, backing base film, optical base film and other special functional films. The main products are reflective film, backing base film, optical base film and other high performance functional films. Used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.
71GF Score

Get the complete analysis for SHSE:688299

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

¥12.88
Price
¥16.31
GF Value