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Guizhou Wire Rope CoSHSE:600992 -2.07%42 Debt-to-Equity is 0.82 as of Jun. 2026, which is 91% above its 10-year median of 0.43. GuruFocus rates SHSE:600992 with a GF Score™ of 42/100 and a GF Value™ of ¥13.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 548 Steel companies, Guizhou Wire Rope Co ranks worse than 72.63% 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 Guizhou Wire Rope Co's Debt-to-Equity or its related term are showing as below:
SHSE:600992'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.43 Max: 0.82
Current: 0.82
During the past 13 years, the highest Debt-to-Equity Ratio of Guizhou Wire Rope Co was 0.82. The lowest was 0.20. And the median was 0.43.
SHSE:600992's Debt-to-Equity is ranked worse than 72.63% of 548
companies
in the Steel industry
Industry Median: 0.41
vs SHSE:600992: 0.82
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.
Guizhou Wire Rope Co Debt-to-Equity Related Terms
Guizhou Wire Rope Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Guizhou Wire Rope 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:600992 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Guizhou Wire Rope 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.
Guizhou Wire Rope Co Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Guizhou Wire Rope Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Guizhou Wire Rope 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.
Guizhou Wire Rope Co (SHSE:600992) has a Debt-to-Equity of 0.82 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guizhou Wire Rope Co and its competitors. This is 91% above median its historical median of 0.43. Over the past decade, Guizhou Wire Rope Co's Debt-to-Equity has ranged from 0.20 to 0.82. According to the industry distribution chart, Guizhou Wire Rope Co ranks #398 out of 548 companies in the Steel industry, placing it in the top 72.6%.
Is Guizhou Wire Rope Co's Debt-to-Equity too high?
Guizhou Wire Rope Co's current Debt-to-Equity of 0.82 is 91% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.82. The Steel industry median Debt-to-Equity is 0.41. Guizhou Wire Rope Co's value of 0.82 is 100% above this industry median. Based on the distribution chart, Guizhou Wire Rope Co ranks #398 out of 548 companies in the Steel industry, which is below the industry midpoint. Overall, Guizhou Wire Rope Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Guizhou Wire Rope Co ranks #398 out of 548 companies for Debt-to-Equity. This places Guizhou Wire Rope Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Guizhou Wire Rope Co's value of 0.82 is 100% above this benchmark. Historically, Guizhou Wire Rope Co's own Debt-to-Equity has ranged from 0.20 to 0.82 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.41, Guizhou Wire Rope 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 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. Guizhou Wire Rope Co's current Debt-to-Equity of 0.82 is 100% 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 Guizhou Wire Rope Co and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Wire Rope Co's current Debt-to-Equity is 0.82, which is 91% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.19, compared to a current price of ¥9.93 — trading 24.7% below its estimated fair value. The current Debt-to-Equity is 0.82, which is 91% above median its 10-year median of 0.43 and 100% above the Steel industry median of 0.41. Guizhou Wire Rope Co's overall GF Score™ is 42/100 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 Guizhou Wire Rope Co (SHSE:600992), the current Debt-to-Equity is 0.82 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?
Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued.
The current stock price of ¥9.93 is trading 24.7% below its estimated GF Value™ of ¥13.19.
GuruFocus considers Guizhou Wire Rope Co to be Modestly Undervalued.
Key valuation signals for SHSE:600992:
Debt-to-Equity: 0.82 (91% above median its 10-year median of 0.43)
GF Value™: ¥13.19 vs. price of ¥9.93 (24.7% below fair value)
Industry Position: 100% above the Steel median (#398 of 548)
No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
42GF Score
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