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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:600615's Debt-to-Equity is ranked better than 87.48% of 2691
companies
in the Industrial Products industry
Industry Median: 0.29
vs SHSE:600615: 0.04
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.
Chongqing Shineray Intelligent Manufacturing Technology Co Debt-to-Equity Related Terms
Chongqing Shineray Intelligent Manufacturing Technology 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.
Chongqing Shineray Intelligent Manufacturing Technology Co Debt-to-Equity Chart
Chongqing Shineray Intelligent Manufacturing Technology 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.
Chongqing Shineray Intelligent Manufacturing Technology Co Debt-to-Equity vs Industrial Products 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.
Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615) has a Debt-to-Equity of 0.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Chongqing Shineray Intelligent Manufacturing Technology Co and its competitors. This is 300% above median its historical median of 0.01. According to the industry distribution chart, Chongqing Shineray Intelligent Manufacturing Technology Co ranks #337 out of 2691 companies in the Industrial Products industry, placing it in the top 12.5%.
Is Chongqing Shineray Intelligent Manufacturing Technology Co's Debt-to-Equity too high?
Chongqing Shineray Intelligent Manufacturing Technology Co's current Debt-to-Equity of 0.04 is 300% above median its 10-year median of 0.01. The Industrial Products industry median Debt-to-Equity is 0.29. Chongqing Shineray Intelligent Manufacturing Technology Co's value of 0.04 is 86.2% below this industry median. Based on the distribution chart, Chongqing Shineray Intelligent Manufacturing Technology Co ranks #337 out of 2691 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Shineray Intelligent Manufacturing Technology Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chongqing Shineray Intelligent Manufacturing Technology Co's Debt-to-Equity compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Chongqing Shineray Intelligent Manufacturing Technology Co ranks #337 out of 2691 companies for Debt-to-Equity. This places Chongqing Shineray Intelligent Manufacturing Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Chongqing Shineray Intelligent Manufacturing Technology Co's value of 0.04 is 86.2% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.29, Chongqing Shineray Intelligent Manufacturing Technology 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,691 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. Chongqing Shineray Intelligent Manufacturing Technology Co's current Debt-to-Equity of 0.04 is 86.2% 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 Chongqing Shineray Intelligent Manufacturing Technology Co and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Shineray Intelligent Manufacturing Technology Co's current Debt-to-Equity is 0.04, which is 300% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Shineray Intelligent Manufacturing Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615) is currently considered Possible Value Trap. The stock's GF Value™ is ¥29.06, compared to a current price of ¥9.40 — trading 67.7% below its estimated fair value. The current Debt-to-Equity is 0.04, which is 300% above median its 10-year median of 0.01 and 86.2% below the Industrial Products industry median of 0.29. Chongqing Shineray Intelligent Manufacturing Technology Co's overall GF Score™ is 54/100 with 3 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 Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615), the current Debt-to-Equity is 0.04 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 Chongqing Shineray Intelligent Manufacturing Technology Co (SHSE:600615) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Shineray Intelligent Manufacturing Technology Co stock appears to be undervalued.
The current stock price of ¥9.40 is trading 67.7% below its estimated GF Value™ of ¥29.06.
GuruFocus considers Chongqing Shineray Intelligent Manufacturing Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:600615:
Debt-to-Equity: 0.04 (300% above median its 10-year median of 0.01)
GF Value™: ¥29.06 vs. price of ¥9.40 (67.7% below fair value)
Industry Position: 86.2% below the Industrial Products median (#337 of 2691)
No single metric tells the full story. See the SHSE:600615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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