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Guangdong Songfa Ceramics CoSHSE:603268 +1.04%55 Debt-to-Equity is 1.61 as of Mar. 2026, which is 164% above its 10-year median of 0.61. GuruFocus rates SHSE:603268 with a GF Score™ of 55/100. The stock has 11 warning signs investors should review. Among 379 Furnishings, Fixtures & Appliances companies, Guangdong Songfa Ceramics Co ranks worse than 93.4% 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 Guangdong Songfa Ceramics Co's Debt-to-Equity or its related term are showing as below:
SHSE:603268'
s Debt-to-Equity Range Over the Past 10 Years
Min: -9.79 Med: 0.61 Max: 13.74
Current: 1.61
During the past 13 years, the highest Debt-to-Equity Ratio of Guangdong Songfa Ceramics Co was 13.74. The lowest was -9.79. And the median was 0.61.
SHSE:603268's Debt-to-Equity is ranked worse than 93.4% of 379
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.31
vs SHSE:603268: 1.61
Guangdong Songfa Ceramics Co (SHSE:603268) Debt-to-Equity Explanation
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.
Guangdong Songfa Ceramics Co Debt-to-Equity Related Terms
Guangdong Songfa Ceramics 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:603268 vs SN, SGI, MHK: Debt-to-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Guangdong Songfa Ceramics 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.
Guangdong Songfa Ceramics Co Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Songfa Ceramics Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Guangdong Songfa Ceramics 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.
Guangdong Songfa Ceramics Co (SHSE:603268) has a Debt-to-Equity of 1.61 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guangdong Songfa Ceramics Co and its competitors. This is 164% above median its historical median of 0.61. According to the industry distribution chart, Guangdong Songfa Ceramics Co ranks #354 out of 379 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 93.4%.
Is Guangdong Songfa Ceramics Co's Debt-to-Equity too high?
Guangdong Songfa Ceramics Co's current Debt-to-Equity of 1.61 is 164% above median its 10-year median of 0.61. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.31. Guangdong Songfa Ceramics Co's value of 1.61 is 419.4% above this industry median. Based on the distribution chart, Guangdong Songfa Ceramics Co ranks #354 out of 379 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's Debt-to-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Guangdong Songfa Ceramics Co ranks #354 out of 379 companies for Debt-to-Equity. This places Guangdong Songfa Ceramics Co in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Guangdong Songfa Ceramics Co's value of 1.61 is 419.4% above this benchmark. While the company's 10-year median is 0.61 vs. the industry median of 0.31, Guangdong Songfa Ceramics 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.31, based on 379 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. Guangdong Songfa Ceramics Co's current Debt-to-Equity of 1.61 is 419.4% 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 Guangdong Songfa Ceramics Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Songfa Ceramics Co's current Debt-to-Equity is 1.61, which is 164% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Guangdong Songfa Ceramics Co (SHSE:603268) has a current Debt-to-Equity of 1.61. The current Debt-to-Equity is 1.61, which is 164% above median its 10-year median of 0.61 and 419.4% above the Furnishings, Fixtures & Appliances industry median of 0.31. Guangdong Songfa Ceramics Co's overall GF Score™ is 55/100 with 11 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 Guangdong Songfa Ceramics Co (SHSE:603268), the current Debt-to-Equity is 1.61 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.
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
55GF Score
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