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Shede Spirits CoSHSE:600702 78 Debt-to-Equity is 0.40 as of Jun. 2026, which is 90% above its 10-year median of 0.21. GuruFocus rates SHSE:600702 with a GF Score™ of 78/100 and a GF Value™ of ¥45.47 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 181 Beverages - Alcoholic companies, Shede Spirits Co ranks worse than 52.49% 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 Shede Spirits Co's Debt-to-Equity or its related term are showing as below:
SHSE:600702'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 0.41
Current: 0.4
During the past 13 years, the highest Debt-to-Equity Ratio of Shede Spirits Co was 0.41. The lowest was 0.01. And the median was 0.21.
SHSE:600702's Debt-to-Equity is ranked worse than 52.49% of 181
companies
in the Beverages - Alcoholic industry
Industry Median: 0.37
vs SHSE:600702: 0.40
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.
Shede Spirits Co Debt-to-Equity Related Terms
Shede Spirits Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Shede Spirits 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.
For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.
Shede Spirits Co Debt-to-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shede Spirits 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.
Shede Spirits Co (SHSE:600702) has a Debt-to-Equity of 0.40 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shede Spirits Co and its competitors. This is 90% above median its historical median of 0.21. Over the past decade, Shede Spirits Co's Debt-to-Equity has ranged from 0.01 to 0.41. According to the industry distribution chart, Shede Spirits Co ranks #95 out of 181 companies in the Beverages - Alcoholic industry, placing it in the top 52.5%.
Is Shede Spirits Co's Debt-to-Equity too high?
Shede Spirits Co's current Debt-to-Equity of 0.40 is 90% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.41. The Beverages - Alcoholic industry median Debt-to-Equity is 0.37. Shede Spirits Co's value of 0.40 is 8.1% above this industry median. Based on the distribution chart, Shede Spirits Co ranks #95 out of 181 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Shede Spirits Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Debt-to-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #95 out of 181 companies for Debt-to-Equity. This places Shede Spirits Co in the lower half of its industry. The industry median Debt-to-Equity is 0.37. Shede Spirits Co's value of 0.40 is 8.1% above this benchmark. Historically, Shede Spirits Co's own Debt-to-Equity has ranged from 0.01 to 0.41 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.37, Shede Spirits 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 Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.37, based on 181 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. Shede Spirits Co's current Debt-to-Equity of 0.40 is 8.1% 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 Shede Spirits Co and its competitors. For the Beverages - Alcoholic 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. Shede Spirits Co's current Debt-to-Equity is 0.40, which is 90% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥45.47, compared to a current price of ¥33.36 — trading 26.6% below its estimated fair value. The current Debt-to-Equity is 0.40, which is 90% above median its 10-year median of 0.21 and 8.1% above the Beverages - Alcoholic industry median of 0.37. Shede Spirits Co's overall GF Score™ is 78/100 with 9 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 Shede Spirits Co (SHSE:600702), the current Debt-to-Equity is 0.40 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?
Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued.
The current stock price of ¥33.36 is trading 26.6% below its estimated GF Value™ of ¥45.47.
GuruFocus considers Shede Spirits Co to be Modestly Undervalued.
Key valuation signals for SHSE:600702:
Debt-to-Equity: 0.40 (90% above median its 10-year median of 0.21)
GF Value™: ¥45.47 vs. price of ¥33.36 (26.6% below fair value)
Industry Position: 8.1% above the Beverages - Alcoholic median (#95 of 181)
No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
78GF Score
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