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Xiamen Tungsten CoSHSE:600549 -0.57%84 Debt-to-Equity is 0.96 as of Jun. 2026, which is 14% below its 10-year median of 1.12. GuruFocus rates SHSE:600549 with a GF Score™ of 84/100 and a GF Value™ of ¥35.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,223 Metals & Mining companies, Xiamen Tungsten Co ranks worse than 85.94% on this metric.
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 Xiamen Tungsten Co's Debt-to-Equity or its related term are showing as below:
SHSE:600549'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 1.12 Max: 1.48
Current: 0.93
During the past 13 years, the highest Debt-to-Equity Ratio of Xiamen Tungsten Co was 1.48. The lowest was 0.47. And the median was 1.12.
SHSE:600549's Debt-to-Equity is ranked worse than 85.94% of 1223
companies
in the Metals & Mining industry
Industry Median: 0.14
vs SHSE:600549: 0.93
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.
Xiamen Tungsten Co Debt-to-Equity Related Terms
Xiamen Tungsten Co Debt-to-Equity Historical Data
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The historical data trend for Xiamen Tungsten 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.
Xiamen Tungsten Co Debt-to-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Xiamen Tungsten 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.
Xiamen Tungsten Co Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Xiamen Tungsten Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Xiamen Tungsten 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.
Xiamen Tungsten Co (SHSE:600549) has a Debt-to-Equity of 0.96 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Xiamen Tungsten Co and its competitors. This is 14% below median its historical median of 1.12. Over the past decade, Xiamen Tungsten Co's Debt-to-Equity has ranged from 0.47 to 1.48. According to the industry distribution chart, Xiamen Tungsten Co ranks #1051 out of 1223 companies in the Metals & Mining industry, placing it in the top 85.9%.
Is Xiamen Tungsten Co's Debt-to-Equity too high?
Xiamen Tungsten Co's current Debt-to-Equity of 0.96 is 14% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.48. The Metals & Mining industry median Debt-to-Equity is 0.14. Xiamen Tungsten Co's value of 0.96 is 585.7% above this industry median. Based on the distribution chart, Xiamen Tungsten Co ranks #1051 out of 1223 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Xiamen Tungsten Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Tungsten Co's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Xiamen Tungsten Co ranks #1051 out of 1223 companies for Debt-to-Equity. This places Xiamen Tungsten Co in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Xiamen Tungsten Co's value of 0.96 is 585.7% above this benchmark. Historically, Xiamen Tungsten Co's own Debt-to-Equity has ranged from 0.47 to 1.48 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 0.14, Xiamen Tungsten 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,223 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. Xiamen Tungsten Co's current Debt-to-Equity of 0.96 is 585.7% 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 Xiamen Tungsten Co and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Tungsten Co's current Debt-to-Equity is 0.96, which is 14% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Tungsten Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Tungsten Co (SHSE:600549) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.44, compared to a current price of ¥50.20 — trading 41.6% above its estimated fair value. The current Debt-to-Equity is 0.96, which is 14% below median its 10-year median of 1.12 and 585.7% above the Metals & Mining industry median of 0.14. Xiamen Tungsten Co's overall GF Score™ is 84/100 with 4 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 Xiamen Tungsten Co (SHSE:600549), the current Debt-to-Equity is 0.96 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 Xiamen Tungsten Co (SHSE:600549) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen Tungsten Co stock appears to be overvalued.
The current stock price of ¥50.20 is trading 41.6% above its estimated GF Value™ of ¥35.44.
GuruFocus considers Xiamen Tungsten Co to be Significantly Overvalued.
Key valuation signals for SHSE:600549:
Debt-to-Equity: 0.96 (14% below median its 10-year median of 1.12)
GF Value™: ¥35.44 vs. price of ¥50.20 (41.6% above fair value)
Industry Position: 585.7% above the Metals & Mining median (#1051 of 1223)
No single metric tells the full story. See the SHSE:600549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen Tungsten Co Ltd engages in the sale of tungsten, molybdenum, rare earth, and new energy materials in China. The company operates its businesses through four segments. The Tungsten, Molybdenum and Other Nonferrous Metal Products segment focuses on activities such as tungsten ore extraction, smelting, production of tungsten powder and wire, and processing of cemented carbide. The Rare Earth Business segment covers the extraction of rare earth minerals, their smelting and separation, and processing of rare earth-based products. The Battery Materials segment is involved in developing, producing, and marketing materials used in new energy batteries. The Real Estate & Supporting Management segment manages real estate development projects and provides related operational support services.
84GF Score
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