Fujian Expressway Development Co (SHSE:600033) Debt-to-Equity: 0.07 (As of Mar. 2026) — 74% Below Median

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SHSE:600033 Fujian Expressway Development Co Ltd SHSE:600033
72 GF Score
Price ¥3.51
GF Value ¥3.67
Valuation Fairly Valued
! 1 Warning Sign
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What is Fujian Expressway Development Co Debt-to-Equity?

Fujian Expressway Development Co SHSE:600033 -0.85% 72 Debt-to-Equity is 0.07 as of Mar. 2026, which is 74% below its 10-year median of 0.27. GuruFocus rates SHSE:600033 with a GF Score™ of 72/100 and a GF Value™ of ¥3.67 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,617 Construction companies, Fujian Expressway Development Co ranks better than 84.04% on this metric.

Fujian Expressway Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥31 Mil. Fujian Expressway Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥798 Mil. Fujian Expressway Development Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ¥12,590 Mil. Fujian Expressway Development Co's debt to equity for the quarter that ended in Mar. 2026 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fujian Expressway Development Co's Debt-to-Equity or its related term are showing as below:

SHSE:600033' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.27   Max: 0.84
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Fujian Expressway Development Co was 0.84. The lowest was 0.07. And the median was 0.27.

SHSE:600033's Debt-to-Equity is ranked better than
84.04% of 1617 companies
in the Construction industry
Industry Median: 0.4 vs SHSE:600033: 0.07

Fujian Expressway Development Co  (SHSE:600033) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Fujian Expressway Development Co Debt-to-Equity Related Terms


Fujian Expressway Development Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fujian Expressway Development Co's Debt-to-Equity 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.

Fujian Expressway Development Co Debt-to-Equity Chart

Fujian Expressway Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.18 0.13 0.13 0.07

Fujian Expressway Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.12 0.07 0.07 0.07 0.07

Fujian Expressway Development Co Debt-to-Equity Competitor Comparison

For the Infrastructure Operations subindustry, Fujian Expressway Development Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Fujian Expressway Development Co Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Fujian Expressway Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fujian Expressway Development Co's Debt-to-Equity falls into.


SHSE:600033
72GF Score
Fujian Expressway Development Co Ltd SHSE:600033
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Expressway Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fujian Expressway Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Fujian Expressway Development Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.07 mean?
Fujian Expressway Development Co (SHSE:600033) has a Debt-to-Equity of 0.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fujian Expressway Development Co and its competitors. This is 74% below median its historical median of 0.27. Over the past decade, Fujian Expressway Development Co's Debt-to-Equity has ranged from 0.07 to 0.84. According to the industry distribution chart, Fujian Expressway Development Co ranks #258 out of 1617 companies in the Construction industry, placing it in the top 16%.
Is Fujian Expressway Development Co's Debt-to-Equity too high?
Fujian Expressway Development Co's current Debt-to-Equity of 0.07 is 74% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.84. The Construction industry median Debt-to-Equity is 0.40. Fujian Expressway Development Co's value of 0.07 is 82.5% below this industry median. Based on the distribution chart, Fujian Expressway Development Co ranks #258 out of 1617 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Expressway Development Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Expressway Development Co's Debt-to-Equity compare to competitors?
According to the Construction industry distribution chart, Fujian Expressway Development Co ranks #258 out of 1617 companies for Debt-to-Equity. This places Fujian Expressway Development Co in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Fujian Expressway Development Co's value of 0.07 is 82.5% below this benchmark. Historically, Fujian Expressway Development Co's own Debt-to-Equity has ranged from 0.07 to 0.84 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.40, Fujian Expressway Development Co 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-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fujian Expressway Development Co's current Debt-to-Equity of 0.07 is 82.5% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fujian Expressway Development Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Expressway Development Co's current Debt-to-Equity is 0.07, which is 74% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Expressway Development Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Expressway Development Co (SHSE:600033) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.67, compared to a current price of ¥3.51 — trading 4.4% below its estimated fair value. The current Debt-to-Equity is 0.07, which is 74% below median its 10-year median of 0.27 and 82.5% below the Construction industry median of 0.40. Fujian Expressway Development Co's overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Fujian Expressway Development Co (SHSE:600033), the current Debt-to-Equity is 0.07 as of Mar. 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 Fujian Expressway Development Co (SHSE:600033) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Expressway Development Co stock appears to be undervalued. The current stock price of ¥3.51 is trading 4.4% below its estimated GF Value™ of ¥3.67. GuruFocus considers Fujian Expressway Development Co to be Fairly Valued.

Key valuation signals for SHSE:600033:

  • Debt-to-Equity: 0.07 (74% below median its 10-year median of 0.27)
  • GF Value™: ¥3.67 vs. price of ¥3.51 (4.4% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 82.5% below the Construction median (#258 of 1617)

No single metric tells the full story. See the SHSE:600033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Expressway Development Co Business Description

Address 18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001
Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.
72GF Score

Get the complete analysis for SHSE:600033

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

¥3.51
Price
¥3.67
GF Value