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Shenma Industry CoSHSE:600810 -2.43%49 Debt-to-Equity is 1.45 as of Jun. 2026, which is 17% below its 10-year median of 1.75. GuruFocus rates SHSE:600810 with a GF Score™ of 49/100 and a GF Value™ of ¥8.99 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,421 Chemicals companies, Shenma Industry Co ranks worse than 91.56% 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 Shenma Industry Co's Debt-to-Equity or its related term are showing as below:
SHSE:600810'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.18 Med: 1.75 Max: 2.29
Current: 1.45
During the past 13 years, the highest Debt-to-Equity Ratio of Shenma Industry Co was 2.29. The lowest was 1.18. And the median was 1.75.
SHSE:600810's Debt-to-Equity is ranked worse than 91.56% of 1421
companies
in the Chemicals industry
Industry Median: 0.37
vs SHSE:600810: 1.45
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.
Shenma Industry Co Debt-to-Equity Related Terms
Shenma Industry Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Shenma Industry 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.
SHSE:600810 vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Shenma Industry 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.
Shenma Industry Co Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shenma Industry Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shenma Industry 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.
Shenma Industry Co (SHSE:600810) has a Debt-to-Equity of 1.45 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shenma Industry Co and its competitors. This is 17% below median its historical median of 1.75. Over the past decade, Shenma Industry Co's Debt-to-Equity has ranged from 1.18 to 2.29. According to the industry distribution chart, Shenma Industry Co ranks #1301 out of 1421 companies in the Chemicals industry, placing it in the top 91.6%.
Is Shenma Industry Co's Debt-to-Equity too high?
Shenma Industry Co's current Debt-to-Equity of 1.45 is 17% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.29. The Chemicals industry median Debt-to-Equity is 0.37. Shenma Industry Co's value of 1.45 is 291.9% above this industry median. Based on the distribution chart, Shenma Industry Co ranks #1301 out of 1421 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shenma Industry Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenma Industry Co's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shenma Industry Co ranks #1301 out of 1421 companies for Debt-to-Equity. This places Shenma Industry Co in the lower half of its industry. The industry median Debt-to-Equity is 0.37. Shenma Industry Co's value of 1.45 is 291.9% above this benchmark. Historically, Shenma Industry Co's own Debt-to-Equity has ranged from 1.18 to 2.29 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 0.37, Shenma Industry 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.37, based on 1,421 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. Shenma Industry Co's current Debt-to-Equity of 1.45 is 291.9% 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 Shenma Industry Co and its competitors. For the Chemicals 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. Shenma Industry Co's current Debt-to-Equity is 1.45, which is 17% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenma Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenma Industry Co (SHSE:600810) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.99, compared to a current price of ¥6.43 — trading 28.5% below its estimated fair value. The current Debt-to-Equity is 1.45, which is 17% below median its 10-year median of 1.75 and 291.9% above the Chemicals industry median of 0.37. Shenma Industry Co's overall GF Score™ is 49/100 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 Shenma Industry Co (SHSE:600810), the current Debt-to-Equity is 1.45 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 Shenma Industry Co (SHSE:600810) Overvalued in 2026?
Based on GuruFocus' analysis, Shenma Industry Co stock appears to be undervalued.
The current stock price of ¥6.43 is trading 28.5% below its estimated GF Value™ of ¥8.99.
GuruFocus considers Shenma Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:600810:
Debt-to-Equity: 1.45 (17% below median its 10-year median of 1.75)
GF Value™: ¥8.99 vs. price of ¥6.43 (28.5% below fair value)
Industry Position: 291.9% above the Chemicals median (#1301 of 1421)
No single metric tells the full story. See the SHSE:600810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenma Industry Co Ltd is engaged in production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
49GF Score
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