Fujian Cement (SHSE:600802) Debt-to-Equity: 1.93 (As of Jun. 2026) — 40% Above Median

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SHSE:600802 Fujian Cement Inc SHSE:600802
33 GF Score
Price ¥5.36
GF Value ¥3.16
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Fujian Cement Debt-to-Equity?

Fujian Cement SHSE:600802 +3.08% 33 Debt-to-Equity is 1.93 as of Jun. 2026, which is 40% above its 10-year median of 1.38. GuruFocus rates SHSE:600802 with a GF Score™ of 33/100 and a GF Value™ of ¥3.16 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 376 Building Materials companies, Fujian Cement ranks worse than 94.68% on this metric.

Fujian Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,245 Mil. Fujian Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥373 Mil. Fujian Cement's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ¥837 Mil. Fujian Cement's debt to equity for the quarter that ended in Jun. 2026 was 1.93.

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 Fujian Cement's Debt-to-Equity or its related term are showing as below:

SHSE:600802' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66   Med: 1.38   Max: 3.17
Current: 1.93

During the past 13 years, the highest Debt-to-Equity Ratio of Fujian Cement was 3.17. The lowest was 0.66. And the median was 1.38.

SHSE:600802's Debt-to-Equity is ranked worse than
94.68% of 376 companies
in the Building Materials industry
Industry Median: 0.355 vs SHSE:600802: 1.93

Fujian Cement  (SHSE:600802) 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.


Fujian Cement Debt-to-Equity Related Terms


Fujian Cement Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fujian Cement'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.

Fujian Cement Debt-to-Equity Chart

Fujian Cement 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 0.66 0.90 1.40 1.52 1.54

Fujian Cement 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 1.27 1.42 1.54 1.84 1.93

SHSE:600802 vs CRH, MLM, VMC: Debt-to-Equity Comparison

For the Building Materials subindustry, Fujian Cement'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.


Fujian Cement Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fujian Cement's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fujian Cement's Debt-to-Equity falls into.


SHSE:600802
33GF Score
Fujian Cement Inc SHSE:600802
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Cement Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fujian Cement's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Fujian Cement'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 1.93 mean?
Fujian Cement (SHSE:600802) has a Debt-to-Equity of 1.93 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fujian Cement and its competitors. This is 40% above median its historical median of 1.38. Over the past decade, Fujian Cement's Debt-to-Equity has ranged from 0.66 to 3.17. According to the industry distribution chart, Fujian Cement ranks #356 out of 376 companies in the Building Materials industry, placing it in the top 94.7%.
Is Fujian Cement's Debt-to-Equity too high?
Fujian Cement's current Debt-to-Equity of 1.93 is 40% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 3.17. The Building Materials industry median Debt-to-Equity is 0.36. Fujian Cement's value of 1.93 is 443.7% above this industry median. Based on the distribution chart, Fujian Cement ranks #356 out of 376 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Fujian Cement has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Cement's Debt-to-Equity compare to CRH and MLM?
According to the Building Materials industry distribution chart, Fujian Cement ranks #356 out of 376 companies for Debt-to-Equity. This places Fujian Cement in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Fujian Cement's value of 1.93 is 443.7% above this benchmark. Historically, Fujian Cement's own Debt-to-Equity has ranged from 0.66 to 3.17 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 0.36, Fujian Cement 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.36, based on 376 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. Fujian Cement's current Debt-to-Equity of 1.93 is 443.7% 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 Fujian Cement and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Cement's current Debt-to-Equity is 1.93, which is 40% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Cement stock overvalued right now?
Based on GuruFocus' analysis, Fujian Cement (SHSE:600802) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.16, compared to a current price of ¥5.36 — trading 69.6% above its estimated fair value. The current Debt-to-Equity is 1.93, which is 40% above median its 10-year median of 1.38 and 443.7% above the Building Materials industry median of 0.36. Fujian Cement's overall GF Score™ is 33/100 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 Fujian Cement (SHSE:600802), the current Debt-to-Equity is 1.93 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 Fujian Cement (SHSE:600802) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Cement stock appears to be overvalued. The current stock price of ¥5.36 is trading 69.6% above its estimated GF Value™ of ¥3.16. GuruFocus considers Fujian Cement to be Significantly Overvalued.

Key valuation signals for SHSE:600802:

  • Debt-to-Equity: 1.93 (40% above median its 10-year median of 1.38)
  • GF Value™: ¥3.16 vs. price of ¥5.36 (69.6% above fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 443.7% above the Building Materials median (#356 of 376)

No single metric tells the full story. See the SHSE:600802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Cement Business Description

Address No. 118 Yangqiao Road, Jianfu Building, Hongyang New City, Fujian Province, Fuzhou, CHN, 350003
Fujian Cement Inc is engaged in the production and sales of cement and clinker. The company's products are used for roads, railways, airports, water conservancy, and other infrastructure projects.
33GF Score

Get the complete analysis for SHSE:600802

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

¥5.36
Price
¥3.16
GF Value