Guangzhou Development Group (SHSE:600098) Debt-to-Equity: 1.38 (As of Mar. 2026) — 52% Above Median

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SHSE:600098 Guangzhou Development Group Inc SHSE:600098
79 GF Score
Price ¥6.25
GF Value ¥7.19
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Guangzhou Development Group Debt-to-Equity?

Guangzhou Development Group SHSE:600098 +0.32% 79 Debt-to-Equity is 1.38 as of Mar. 2026, which is 52% above its 10-year median of 0.91. GuruFocus rates SHSE:600098 with a GF Score™ of 79/100 and a GF Value™ of ¥7.19 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 135 Other Energy Sources companies, Guangzhou Development Group ranks worse than 88.89% on this metric.

Guangzhou Development Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥11,063 Mil. Guangzhou Development Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥27,252 Mil. Guangzhou Development Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ¥27,785 Mil. Guangzhou Development Group's debt to equity for the quarter that ended in Mar. 2026 was 1.38.

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 Guangzhou Development Group's Debt-to-Equity or its related term are showing as below:

SHSE:600098' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72   Med: 0.91   Max: 1.41
Current: 1.38

During the past 13 years, the highest Debt-to-Equity Ratio of Guangzhou Development Group was 1.41. The lowest was 0.72. And the median was 0.91.

SHSE:600098's Debt-to-Equity is ranked worse than
88.89% of 135 companies
in the Other Energy Sources industry
Industry Median: 0.33 vs SHSE:600098: 1.38

Guangzhou Development Group  (SHSE:600098) 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.


Guangzhou Development Group Debt-to-Equity Related Terms


Guangzhou Development Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Guangzhou Development Group'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.

Guangzhou Development Group Debt-to-Equity Chart

Guangzhou Development Group 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 0.92 0.99 1.35 1.19 1.41

Guangzhou Development Group 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 1.28 1.29 1.28 1.41 1.38

Guangzhou Development Group Debt-to-Equity Competitor Comparison

For the Thermal Coal subindustry, Guangzhou Development Group'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.


Guangzhou Development Group Debt-to-Equity vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangzhou Development Group's Debt-to-Equity falls into.


SHSE:600098
79GF Score
Guangzhou Development Group Inc SHSE:600098
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangzhou Development Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Guangzhou Development Group'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 1.38 mean?
Guangzhou Development Group (SHSE:600098) has a Debt-to-Equity of 1.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guangzhou Development Group and its competitors. This is 52% above median its historical median of 0.91. Over the past decade, Guangzhou Development Group's Debt-to-Equity has ranged from 0.72 to 1.41. According to the industry distribution chart, Guangzhou Development Group ranks #120 out of 135 companies in the Other Energy Sources industry, placing it in the top 88.9%.
Is Guangzhou Development Group's Debt-to-Equity too high?
Guangzhou Development Group's current Debt-to-Equity of 1.38 is 52% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.41. The Other Energy Sources industry median Debt-to-Equity is 0.33. Guangzhou Development Group's value of 1.38 is 318.2% above this industry median. Based on the distribution chart, Guangzhou Development Group ranks #120 out of 135 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Guangzhou Development Group has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Development Group's Debt-to-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, Guangzhou Development Group ranks #120 out of 135 companies for Debt-to-Equity. This places Guangzhou Development Group in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Guangzhou Development Group's value of 1.38 is 318.2% above this benchmark. Historically, Guangzhou Development Group's own Debt-to-Equity has ranged from 0.72 to 1.41 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.33, Guangzhou Development Group 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-Equity for an Other Energy Sources company?
The median Debt-to-Equity among Other Energy Sources companies is 0.33, based on 135 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. Guangzhou Development Group's current Debt-to-Equity of 1.38 is 318.2% 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-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 Guangzhou Development Group and its competitors. For the Other Energy Sources industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Development Group's current Debt-to-Equity is 1.38, which is 52% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Development Group stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Development Group (SHSE:600098) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.19, compared to a current price of ¥6.25 — trading 13.1% below its estimated fair value. The current Debt-to-Equity is 1.38, which is 52% above median its 10-year median of 0.91 and 318.2% above the Other Energy Sources industry median of 0.33. Guangzhou Development Group's overall GF Score™ is 79/100 with 8 warning signs 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 Guangzhou Development Group (SHSE:600098), the current Debt-to-Equity is 1.38 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 Guangzhou Development Group (SHSE:600098) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Development Group stock appears to be undervalued. The current stock price of ¥6.25 is trading 13.1% below its estimated GF Value™ of ¥7.19. GuruFocus considers Guangzhou Development Group to be Modestly Undervalued.

Key valuation signals for SHSE:600098:

  • Debt-to-Equity: 1.38 (52% above median its 10-year median of 0.91)
  • GF Value™: ¥7.19 vs. price of ¥6.25 (13.1% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 318.2% above the Other Energy Sources median (#120 of 135)

No single metric tells the full story. See the SHSE:600098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangzhou Development Group Business Description

Address 28/F, Development Center, No. 3 Linjiang Avenue, Zhujiang Xincheng, Guangzhou, CHN
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
79GF Score

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

¥6.25
Price
¥7.19
GF Value