Jiangsu Shagang Co (SZSE:002075) Debt-to-Equity : 1.95 (As of Mar. 2025)

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What is Jiangsu Shagang Co Debt-to-Equity?

Jiangsu Shagang Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥12,309 Mil. Jiangsu Shagang Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥325 Mil. Jiangsu Shagang Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥6,473 Mil. Jiangsu Shagang Co's debt to equity for the quarter that ended in Mar. 2025 was 1.95.

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 Jiangsu Shagang Co's Debt-to-Equity or its related term are showing as below:

SZSE:002075' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.14 Max: 1.97
Current: 1.95

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Shagang Co was 1.97. The lowest was 0.00. And the median was 0.14.

SZSE:002075's Debt-to-Equity is ranked worse than
93.13% of 553 companies
in the Steel industry
Industry Median: 0.43 vs SZSE:002075: 1.95

Jiangsu Shagang Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Shagang 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.

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Jiangsu Shagang Co Debt-to-Equity Chart

Jiangsu Shagang Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.16

0.12

0.33

1.39

1.60

Jiangsu Shagang Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															1.22	1.13	1.97	1.60	1.95

Competitive Comparison of Jiangsu Shagang Co's Debt-to-Equity

For the Steel subindustry, Jiangsu Shagang 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.

Jiangsu Shagang Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Shagang Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Shagang Co's Debt-to-Equity falls into.

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Jiangsu Shagang Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Shagang Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9953.434	+	297.6)	/	6403.042
	=	1.60

Jiangsu Shagang Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(12309.264	+	324.74)	/	6472.986
	=	1.95

Jiangsu Shagang Co (SZSE:002075) 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.

Jiangsu Shagang Co Debt-to-Equity Related Terms

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Jiangsu Shagang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Shagang Co Ltd (SZSE:002075) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Jinfeng Town, Shagang Building, Jiangsu, Zhangjiagang, CHN, 215625

Website

http://www.sha-steel.com

Jiangsu Shagang Co Ltd is engaged in ferrous metal smelting and rolling processing of steel products. It can produce diameter 280-800mm continuous casting round billet, rolled product specifications cover 12-300mm round bar and up to 300mm x 110mm, 250mm x 110mm Flat steel, annual output of spring steel, bearing steel, ship anchor chain steel, alloy billet steel, automotive steel and other special steel 3.2 million tons, the products sell well at home and abroad, used in automobiles, railways, petroleum, marine, mining, Coal, energy, machinery manufacturing and other industries.

Executives

Gao Wen Ping	Supervisors
Wang Zhen Lin	Directors, executives
Nie Wei	Supervisors
Di Ming Yong	Supervisors
Li Jing Hua	Director
Zhou Jian Qing	Directors, executives
Guo Zhao Xiang	Directors, executives
Xu Jun	Executives

Jiangsu Shagang Co Headlines

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