Veken Technology Co (SHSE:600152) Debt-to-Equity: 0.37 (As of Jun. 2026) — 76% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600152 Veken Technology Co Ltd SHSE:600152
54 GF Score
Price ¥7.93
GF Value ¥6.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Veken Technology Co Debt-to-Equity?

Veken Technology Co SHSE:600152 -1.98% 54 Debt-to-Equity is 0.37 as of Jun. 2026, which is 76% above its 10-year median of 0.21. GuruFocus rates SHSE:600152 with a GF Score™ of 54/100 and a GF Value™ of ¥6.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,230 Hardware companies, Veken Technology Co ranks better than 74.39% on this metric.

Veken Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥583 Mil. Veken Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥4 Mil. Veken Technology Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ¥1,627 Mil. Veken Technology Co's debt to equity for the quarter that ended in Jun. 2026 was 0.36.

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 Veken Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:600152' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.21   Max: 0.55
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Veken Technology Co was 0.55. The lowest was 0.05. And the median was 0.21.

SHSE:600152's Debt-to-Equity is ranked better than
74.39% of 2230 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:600152: 0.09

Veken Technology Co  (SHSE:600152) 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.


Veken Technology Co Debt-to-Equity Related Terms


Veken Technology Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Veken Technology 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.

Veken Technology Co Debt-to-Equity Chart

Veken Technology 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 0.57 0.51 0.35 0.30 0.38

Veken 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-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 0.26 0.24 0.38 0.40 0.37

SHSE:600152 vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, Veken Technology 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.


Veken Technology Co Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Veken Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Veken Technology Co's Debt-to-Equity falls into.


SHSE:600152
54GF Score
Veken Technology Co Ltd SHSE:600152
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veken Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(602.09170364 + 11.56084039) / 1664.66281812
=0.37

Veken Technology Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(582.82295916 + 3.5792503) / 1627.35734952
=0.36

* 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 0.37 mean?
Veken Technology Co (SHSE:600152) has a Debt-to-Equity of 0.37 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Veken Technology Co and its competitors. This is 76% above median its historical median of 0.21. Over the past decade, Veken Technology Co's Debt-to-Equity has ranged from 0.05 to 0.55. According to the industry distribution chart, Veken Technology Co ranks #571 out of 2230 companies in the Hardware industry, placing it in the top 25.6%.
Is Veken Technology Co's Debt-to-Equity too high?
Veken Technology Co's current Debt-to-Equity of 0.37 is 76% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.55. The Hardware industry median Debt-to-Equity is 0.28. Veken Technology Co's value of 0.37 is 32.1% above this industry median. Based on the distribution chart, Veken Technology Co ranks #571 out of 2230 companies in the Hardware industry, which is above the industry midpoint. Overall, Veken Technology Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veken Technology Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Veken Technology Co ranks #571 out of 2230 companies for Debt-to-Equity. This puts Veken Technology Co in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Veken Technology Co's value of 0.37 is 32.1% above this benchmark. Historically, Veken Technology Co's own Debt-to-Equity has ranged from 0.05 to 0.55 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.28, Veken 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-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 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. Veken Technology Co's current Debt-to-Equity of 0.37 is 32.1% 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 Veken Technology Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veken Technology Co's current Debt-to-Equity is 0.37, which is 76% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veken Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Veken Technology Co (SHSE:600152) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.85, compared to a current price of ¥7.93 — trading 15.8% above its estimated fair value. The current Debt-to-Equity is 0.37, which is 76% above median its 10-year median of 0.21 and 32.1% above the Hardware industry median of 0.28. Veken Technology Co's overall GF Score™ is 54/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Veken Technology Co (SHSE:600152), the current Debt-to-Equity is 0.37 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 Veken Technology Co (SHSE:600152) Overvalued in 2026?

Based on GuruFocus' analysis, Veken Technology Co stock appears to be overvalued. The current stock price of ¥7.93 is trading 15.8% above its estimated GF Value™ of ¥6.85. GuruFocus considers Veken Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:600152:

  • Debt-to-Equity: 0.37 (76% above median its 10-year median of 0.21)
  • GF Value™: ¥6.85 vs. price of ¥7.93 (15.8% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 32.1% above the Hardware median (#571 of 2230)

No single metric tells the full story. See the SHSE:600152 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veken Technology Co Business Description

Address No. 225, Liuting Street, 20th Floor, Yuehu Jinhui Building, Haishu District, Zhejiang, Ningbo, CHN, 315010
Veken Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion batteries. Its products portfolio includes 3C Digital battery and Power battery. The company products cover ares such as passenger car, special vehicle, household appliances, and energy storage batteries. It is also used in smartphones, tablets, notebook, and computers.
54GF Score

Get the complete analysis for SHSE:600152

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

¥7.93
Price
¥6.85
GF Value