Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Debt-to-Equity: 0.28 (As of Jun. 2026) — Near 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:600596 Zhejiang Xinan Chemical Industrial Group Co Ltd SHSE:600596
63 GF Score
Price ¥11.29
GF Value ¥8.87
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Zhejiang Xinan Chemical Industrial Group Co Debt-to-Equity?

Zhejiang Xinan Chemical Industrial Group Co SHSE:600596 +4.44% 63 Debt-to-Equity is 0.28 as of Jun. 2026, which is 3% below its 10-year median of 0.29. GuruFocus rates SHSE:600596 with a GF Score™ of 63/100 and a GF Value™ of ¥8.87 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 232 Agriculture companies, Zhejiang Xinan Chemical Industrial Group Co ranks better than 58.62% on this metric.

Zhejiang Xinan Chemical Industrial Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,559 Mil. Zhejiang Xinan Chemical Industrial Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,894 Mil. Zhejiang Xinan Chemical Industrial Group Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ¥12,572 Mil. Zhejiang Xinan Chemical Industrial Group Co's debt to equity for the quarter that ended in Jun. 2026 was 0.27.

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 Zhejiang Xinan Chemical Industrial Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:600596' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 0.47
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Xinan Chemical Industrial Group Co was 0.47. The lowest was 0.18. And the median was 0.29.

SHSE:600596's Debt-to-Equity is ranked better than
58.62% of 232 companies
in the Agriculture industry
Industry Median: 0.38 vs SHSE:600596: 0.28

Zhejiang Xinan Chemical Industrial Group Co  (SHSE:600596) 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.


Zhejiang Xinan Chemical Industrial Group Co Debt-to-Equity Related Terms


Zhejiang Xinan Chemical Industrial Group Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinan Chemical Industrial Group 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.

Zhejiang Xinan Chemical Industrial Group Co Debt-to-Equity Chart

Zhejiang Xinan Chemical Industrial Group 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 0.24 0.18 0.26 0.26 0.28

Zhejiang Xinan Chemical Industrial Group 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 0.27 0.28 0.28 0.28 0.28

SHSE:600596 vs CTVA, CF, MOS: Debt-to-Equity Comparison

For the Agricultural Inputs subindustry, Zhejiang Xinan Chemical Industrial Group 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.


Zhejiang Xinan Chemical Industrial Group Co Debt-to-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zhejiang Xinan Chemical Industrial Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinan Chemical Industrial Group Co's Debt-to-Equity falls into.


SHSE:600596
63GF Score
Zhejiang Xinan Chemical Industrial Group Co Ltd SHSE:600596
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Xinan Chemical Industrial Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Xinan Chemical Industrial Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Zhejiang Xinan Chemical Industrial Group Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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 0.28 mean?
Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) has a Debt-to-Equity of 0.28 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zhejiang Xinan Chemical Industrial Group Co and its competitors. This is near median its historical median of 0.29. Over the past decade, Zhejiang Xinan Chemical Industrial Group Co's Debt-to-Equity has ranged from 0.18 to 0.47. According to the industry distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #96 out of 232 companies in the Agriculture industry, placing it in the top 41.4%.
Is Zhejiang Xinan Chemical Industrial Group Co's Debt-to-Equity too high?
Zhejiang Xinan Chemical Industrial Group Co's current Debt-to-Equity of 0.28 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.47. The Agriculture industry median Debt-to-Equity is 0.38. Zhejiang Xinan Chemical Industrial Group Co's value of 0.28 is 26.3% below this industry median. Based on the distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #96 out of 232 companies in the Agriculture industry, which is above the industry midpoint. Overall, Zhejiang Xinan Chemical Industrial Group Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinan Chemical Industrial Group Co's Debt-to-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #96 out of 232 companies for Debt-to-Equity. This puts Zhejiang Xinan Chemical Industrial Group Co in the upper half of its industry. The industry median Debt-to-Equity is 0.38. Zhejiang Xinan Chemical Industrial Group Co's value of 0.28 is 26.3% below this benchmark. Historically, Zhejiang Xinan Chemical Industrial Group Co's own Debt-to-Equity has ranged from 0.18 to 0.47 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.38, Zhejiang Xinan Chemical Industrial Group Co has consistently been below 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 Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.38, based on 232 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. Zhejiang Xinan Chemical Industrial Group Co's current Debt-to-Equity of 0.28 is 26.3% below 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 Zhejiang Xinan Chemical Industrial Group Co and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinan Chemical Industrial Group Co's current Debt-to-Equity is 0.28, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinan Chemical Industrial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.87, compared to a current price of ¥11.29 — trading 27.3% above its estimated fair value. The current Debt-to-Equity is 0.28, which is near median its 10-year median of 0.29 and 26.3% below the Agriculture industry median of 0.38. Zhejiang Xinan Chemical Industrial Group Co's overall GF Score™ is 63/100 with 7 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 Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596), the current Debt-to-Equity is 0.28 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 Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Xinan Chemical Industrial Group Co stock appears to be overvalued. The current stock price of ¥11.29 is trading 27.3% above its estimated GF Value™ of ¥8.87. GuruFocus considers Zhejiang Xinan Chemical Industrial Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600596:

  • Debt-to-Equity: 0.28 (near median its 10-year median of 0.29)
  • GF Value™: ¥8.87 vs. price of ¥11.29 (27.3% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 26.3% below the Agriculture median (#96 of 232)

No single metric tells the full story. See the SHSE:600596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Xinan Chemical Industrial Group Co Business Description

Address 555 Xin\'an Road East, Xin\'anjiang, Jiande, Zhejiang, CHN, 311600
Zhejiang Xinan Chemical Industrial Group Co Ltd is engaged in crop protection products and organic silicon materials. It also manufactures pesticide and fungicides; based on synthesized organic silicon monomers, a complete organic industry chain.
63GF Score

Get the complete analysis for SHSE:600596

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

¥11.29
Price
¥8.87
GF Value