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Leshan Electric Power CoSHSE:600644 +10.05%49 Debt-to-Equity is 0.44 as of Mar. 2026, which is at its 10-year median of 0.44. GuruFocus rates SHSE:600644 with a GF Score™ of 49/100 and a GF Value™ of ¥7.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 472 Utilities - Regulated companies, Leshan Electric Power Co ranks better than 72.25% 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 Leshan Electric Power Co's Debt-to-Equity or its related term are showing as below:
SHSE:600644'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.44 Max: 0.61
Current: 0.44
During the past 13 years, the highest Debt-to-Equity Ratio of Leshan Electric Power Co was 0.61. The lowest was 0.22. And the median was 0.44.
SHSE:600644's Debt-to-Equity is ranked better than 72.25% of 472
companies
in the Utilities - Regulated industry
Industry Median: 0.975
vs SHSE:600644: 0.44
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.
Leshan Electric Power Co Debt-to-Equity Related Terms
Leshan Electric Power 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.
SHSE:600644 vs NEE, SO, DUK: Debt-to-Equity Comparison
For the Utilities - Regulated Electric subindustry, Leshan Electric Power 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.
Leshan Electric Power Co Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Leshan Electric Power Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Leshan Electric Power 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.
Leshan Electric Power Co (SHSE:600644) has a Debt-to-Equity of 0.44 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Leshan Electric Power Co and its competitors. This is near median its historical median of 0.44. Over the past decade, Leshan Electric Power Co's Debt-to-Equity has ranged from 0.22 to 0.61. According to the industry distribution chart, Leshan Electric Power Co ranks #131 out of 472 companies in the Utilities - Regulated industry, placing it in the top 27.8%.
Is Leshan Electric Power Co's Debt-to-Equity too high?
Leshan Electric Power Co's current Debt-to-Equity of 0.44 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.61. The Utilities - Regulated industry median Debt-to-Equity is 0.98. Leshan Electric Power Co's value of 0.44 is 54.9% below this industry median. Based on the distribution chart, Leshan Electric Power Co ranks #131 out of 472 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Leshan Electric Power Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leshan Electric Power Co's Debt-to-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Leshan Electric Power Co ranks #131 out of 472 companies for Debt-to-Equity. This puts Leshan Electric Power Co in the upper half of its industry. The industry median Debt-to-Equity is 0.98. Leshan Electric Power Co's value of 0.44 is 54.9% below this benchmark. Historically, Leshan Electric Power Co's own Debt-to-Equity has ranged from 0.22 to 0.61 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.98, Leshan Electric Power 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 Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 472 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. Leshan Electric Power Co's current Debt-to-Equity of 0.44 is 54.9% 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 Leshan Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leshan Electric Power Co's current Debt-to-Equity is 0.44, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leshan Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Leshan Electric Power Co (SHSE:600644) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.52, compared to a current price of ¥10.29 — trading 36.8% above its estimated fair value. The current Debt-to-Equity is 0.44, which is near median its 10-year median of 0.44 and 54.9% below the Utilities - Regulated industry median of 0.98. Leshan Electric Power Co's overall GF Score™ is 49/100 with 5 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 Leshan Electric Power Co (SHSE:600644), the current Debt-to-Equity is 0.44 as of Mar. 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 Leshan Electric Power Co (SHSE:600644) Overvalued in 2026?
Based on GuruFocus' analysis, Leshan Electric Power Co stock appears to be overvalued.
The current stock price of ¥10.29 is trading 36.8% above its estimated GF Value™ of ¥7.52.
GuruFocus considers Leshan Electric Power Co to be Significantly Overvalued.
Key valuation signals for SHSE:600644:
Debt-to-Equity: 0.44 (near median its 10-year median of 0.44)
GF Value™: ¥7.52 vs. price of ¥10.29 (36.8% above fair value)
Industry Position: 54.9% below the Utilities - Regulated median (#131 of 472)
No single metric tells the full story. See the SHSE:600644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leshan Electric Power Co Ltd is an electric power company. The company is engaged in covering power, natural gas, tap water and hotels, photovoltaic new energy and other fields.
49GF Score
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