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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.
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.
Jiangxi Tungsten Rare and Precious Equipment Co Debt-to-Equity Related Terms
Jiangxi Tungsten Rare and Precious Equipment 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.
Jiangxi Tungsten Rare and Precious Equipment Co Debt-to-Equity Chart
Jiangxi Tungsten Rare and Precious Equipment Co Annual Data
* 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.
Jiangxi Tungsten Rare and Precious Equipment Co Debt-to-Equity vs Steel Industry
* 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.
Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397) has a Debt-to-Equity of 0.60 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jiangxi Tungsten Rare and Precious Equipment Co and its competitors. This is 88% below median its historical median of 4.89. According to the industry distribution chart, Jiangxi Tungsten Rare and Precious Equipment Co ranks #342 out of 548 companies in the Steel industry, placing it in the top 62.4%.
Is Jiangxi Tungsten Rare and Precious Equipment Co's Debt-to-Equity too high?
Jiangxi Tungsten Rare and Precious Equipment Co's current Debt-to-Equity of 0.60 is 88% below median its 10-year median of 4.89. The Steel industry median Debt-to-Equity is 0.41. Jiangxi Tungsten Rare and Precious Equipment Co's value of 0.60 is 46.3% above this industry median. Based on the distribution chart, Jiangxi Tungsten Rare and Precious Equipment Co ranks #342 out of 548 companies in the Steel industry, which is below the industry midpoint. Overall, Jiangxi Tungsten Rare and Precious Equipment Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Tungsten Rare and Precious Equipment Co's Debt-to-Equity compare to HCC and AMR?
According to the Steel industry distribution chart, Jiangxi Tungsten Rare and Precious Equipment Co ranks #342 out of 548 companies for Debt-to-Equity. This places Jiangxi Tungsten Rare and Precious Equipment Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Jiangxi Tungsten Rare and Precious Equipment Co's value of 0.60 is 46.3% above this benchmark. While the company's 10-year median is 4.89 vs. the industry median of 0.41, Jiangxi Tungsten Rare and Precious Equipment 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 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. Jiangxi Tungsten Rare and Precious Equipment Co's current Debt-to-Equity of 0.60 is 46.3% 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 Jiangxi Tungsten Rare and Precious Equipment Co and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Tungsten Rare and Precious Equipment Co's current Debt-to-Equity is 0.60, which is 88% below median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Tungsten Rare and Precious Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.59, compared to a current price of ¥17.89 — trading 2932.2% above its estimated fair value. The current Debt-to-Equity is 0.60, which is 88% below median its 10-year median of 4.89 and 46.3% above the Steel industry median of 0.41. Jiangxi Tungsten Rare and Precious Equipment Co's overall GF Score™ is 34/100 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 Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397), the current Debt-to-Equity is 0.60 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 Jiangxi Tungsten Rare and Precious Equipment Co (SHSE:600397) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Tungsten Rare and Precious Equipment Co stock appears to be overvalued.
The current stock price of ¥17.89 is trading 2932.2% above its estimated GF Value™ of ¥0.59.
GuruFocus considers Jiangxi Tungsten Rare and Precious Equipment Co to be Significantly Overvalued.
Key valuation signals for SHSE:600397:
Debt-to-Equity: 0.60 (88% below median its 10-year median of 4.89)
GF Value™: ¥0.59 vs. price of ¥17.89 (2932.2% above fair value)
Industry Position: 46.3% above the Steel median (#342 of 548)
No single metric tells the full story. See the SHSE:600397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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