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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:600409'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.59 Max: 1.31
Current: 0.47
During the past 13 years, the highest Debt-to-Equity Ratio of Tangshannyou Chemical Industries Co was 1.31. The lowest was 0.38. And the median was 0.59.
SHSE:600409's Debt-to-Equity is ranked worse than 58.76% of 1421
companies
in the Chemicals industry
Industry Median: 0.37
vs SHSE:600409: 0.47
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.
Tangshannyou Chemical Industries Co Debt-to-Equity Related Terms
Tangshannyou Chemical Industries 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.
Tangshannyou Chemical Industries Co Debt-to-Equity Chart
SHSE:600409 vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Chemicals subindustry, Tangshannyou Chemical Industries 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.
Tangshannyou Chemical Industries Co Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tangshannyou Chemical Industries 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.
Tangshannyou Chemical Industries Co (SHSE:600409) has a Debt-to-Equity of 0.47 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tangshannyou Chemical Industries Co and its competitors. This is 20% below median its historical median of 0.59. Over the past decade, Tangshannyou Chemical Industries Co's Debt-to-Equity has ranged from 0.38 to 1.31. According to the industry distribution chart, Tangshannyou Chemical Industries Co ranks #835 out of 1421 companies in the Chemicals industry, placing it in the top 58.8%.
Is Tangshannyou Chemical Industries Co's Debt-to-Equity too high?
Tangshannyou Chemical Industries Co's current Debt-to-Equity of 0.47 is 20% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.31. The Chemicals industry median Debt-to-Equity is 0.37. Tangshannyou Chemical Industries Co's value of 0.47 is 27% above this industry median. Based on the distribution chart, Tangshannyou Chemical Industries Co ranks #835 out of 1421 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tangshannyou Chemical Industries Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tangshannyou Chemical Industries Co's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tangshannyou Chemical Industries Co ranks #835 out of 1421 companies for Debt-to-Equity. This places Tangshannyou Chemical Industries Co in the lower half of its industry. The industry median Debt-to-Equity is 0.37. Tangshannyou Chemical Industries Co's value of 0.47 is 27% above this benchmark. Historically, Tangshannyou Chemical Industries Co's own Debt-to-Equity has ranged from 0.38 to 1.31 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.37, Tangshannyou Chemical Industries 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.37, based on 1,421 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. Tangshannyou Chemical Industries Co's current Debt-to-Equity of 0.47 is 27% 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 Tangshannyou Chemical Industries Co and its competitors. For the Chemicals 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. Tangshannyou Chemical Industries Co's current Debt-to-Equity is 0.47, which is 20% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tangshannyou Chemical Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tangshannyou Chemical Industries Co (SHSE:600409) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.25, compared to a current price of ¥6.20 — trading 18.1% above its estimated fair value. The current Debt-to-Equity is 0.47, which is 20% below median its 10-year median of 0.59 and 27% above the Chemicals industry median of 0.37. Tangshannyou Chemical Industries Co's overall GF Score™ is 64/100 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 Tangshannyou Chemical Industries Co (SHSE:600409), the current Debt-to-Equity is 0.47 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 Tangshannyou Chemical Industries Co (SHSE:600409) Overvalued in 2026?
Based on GuruFocus' analysis, Tangshannyou Chemical Industries Co stock appears to be overvalued.
The current stock price of ¥6.20 is trading 18.1% above its estimated GF Value™ of ¥5.25.
GuruFocus considers Tangshannyou Chemical Industries Co to be Modestly Overvalued.
Key valuation signals for SHSE:600409:
Debt-to-Equity: 0.47 (20% below median its 10-year median of 0.59)
GF Value™: ¥5.25 vs. price of ¥6.20 (18.1% above fair value)
Industry Position: 27% above the Chemicals median (#835 of 1421)
No single metric tells the full story. See the SHSE:600409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.
64GF Score
Get the complete analysis for SHSE:600409
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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