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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.
SHSE:600348'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.73 Max: 0.92
Current: 0.75
During the past 13 years, the highest Debt-to-Equity Ratio of Shan Xi Hua Yang Group New Energy Co was 0.92. The lowest was 0.30. And the median was 0.73.
SHSE:600348's Debt-to-Equity is ranked worse than 68.89% of 135
companies
in the Other Energy Sources industry
Industry Median: 0.37
vs SHSE:600348: 0.75
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.
Shan Xi Hua Yang Group New Energy Co Debt-to-Equity Related Terms
Shan Xi Hua Yang Group New Energy Co Debt-to-Equity Historical Data
* 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.
Shan Xi Hua Yang Group New Energy Co Debt-to-Equity Chart
Shan Xi Hua Yang Group New Energy Co Debt-to-Equity Competitor Comparison
For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co Debt-to-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's Debt-to-Equity falls into.
* 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.
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a Debt-to-Equity of 0.75 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shan Xi Hua Yang Group New Energy Co and its competitors. This is near median its historical median of 0.73. Over the past decade, Shan Xi Hua Yang Group New Energy Co's Debt-to-Equity has ranged from 0.30 to 0.92. According to the industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #93 out of 135 companies in the Other Energy Sources industry, placing it in the top 68.9%.
Is Shan Xi Hua Yang Group New Energy Co's Debt-to-Equity too high?
Shan Xi Hua Yang Group New Energy Co's current Debt-to-Equity of 0.75 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.92. The Other Energy Sources industry median Debt-to-Equity is 0.37. Shan Xi Hua Yang Group New Energy Co's value of 0.75 is 102.7% above this industry median. Based on the distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #93 out of 135 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's Debt-to-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #93 out of 135 companies for Debt-to-Equity. This places Shan Xi Hua Yang Group New Energy Co in the lower half of its industry. The industry median Debt-to-Equity is 0.37. Shan Xi Hua Yang Group New Energy Co's value of 0.75 is 102.7% above this benchmark. Historically, Shan Xi Hua Yang Group New Energy Co's own Debt-to-Equity has ranged from 0.30 to 0.92 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.37, Shan Xi Hua Yang Group New Energy 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 an Other Energy Sources company?
The median Debt-to-Equity among Other Energy Sources companies is 0.37, 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. Shan Xi Hua Yang Group New Energy Co's current Debt-to-Equity of 0.75 is 102.7% 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 Shan Xi Hua Yang Group New Energy Co and its competitors. For the Other Energy Sources industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shan Xi Hua Yang Group New Energy Co's current Debt-to-Equity is 0.75, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.55, compared to a current price of ¥9.38 — trading 43.2% above its estimated fair value. The current Debt-to-Equity is 0.75, which is near median its 10-year median of 0.73 and 102.7% above the Other Energy Sources industry median of 0.37. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 68/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current Debt-to-Equity is 0.75 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued.
The current stock price of ¥9.38 is trading 43.2% above its estimated GF Value™ of ¥6.55.
GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:600348:
Debt-to-Equity: 0.75 (near median its 10-year median of 0.73)
GF Value™: ¥6.55 vs. price of ¥9.38 (43.2% above fair value)
Industry Position: 102.7% above the Other Energy Sources median (#93 of 135)
No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
68GF Score
Get the complete analysis for SHSE:600348
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