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JD Development CoROCO:4402 +0.71%62 Debt-to-Equity is 0.01 as of Jun. 2026, which is 99% below its 10-year median of 0.78. GuruFocus rates ROCO:4402 with a GF Score™ of 62/100 and a GF Value™ of NT$13.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 932 Manufacturing - Apparel & Accessories companies, JD Development Co ranks better than 99.89% 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 JD Development Co's Debt-to-Equity or its related term are showing as below:
ROCO:4402'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.78 Max: 14.24
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of JD Development Co was 14.24. The lowest was 0.01. And the median was 0.78.
ROCO:4402's Debt-to-Equity is ranked better than 99.89% of 932
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs ROCO:4402: 0.01
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.
JD Development Co Debt-to-Equity Related Terms
JD Development Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for JD Development 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.
JD Development Co Debt-to-Equity Competitor Comparison
For the Textile Manufacturing subindustry, JD Development 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.
JD Development Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JD Development Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where JD Development 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.
JD Development Co (ROCO:4402) has a Debt-to-Equity of 0.01 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JD Development Co and its competitors. This is 99% below median its historical median of 0.78. Over the past decade, JD Development Co's Debt-to-Equity has ranged from 0.01 to 14.24. According to the industry distribution chart, JD Development Co ranks #1 out of 932 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.099999999999994%.
Is JD Development Co's Debt-to-Equity too high?
JD Development Co's current Debt-to-Equity of 0.01 is 99% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 14.24. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. JD Development Co's value of 0.01 is 97.6% below this industry median. Based on the distribution chart, JD Development Co ranks #1 out of 932 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, JD Development Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JD Development Co's Debt-to-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, JD Development Co ranks #1 out of 932 companies for Debt-to-Equity. This places JD Development Co in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. JD Development Co's value of 0.01 is 97.6% below this benchmark. Historically, JD Development Co's own Debt-to-Equity has ranged from 0.01 to 14.24 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.41, JD Development Co has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 932 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. JD Development Co's current Debt-to-Equity of 0.01 is 97.6% below 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 JD Development Co and its competitors. For the Manufacturing - Apparel & Accessories 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. JD Development Co's current Debt-to-Equity is 0.01, which is 99% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Development Co stock overvalued right now?
Based on GuruFocus' analysis, JD Development Co (ROCO:4402) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.64, compared to a current price of NT$14.25 — trading 4.5% above its estimated fair value. The current Debt-to-Equity is 0.01, which is 99% below median its 10-year median of 0.78 and 97.6% below the Manufacturing - Apparel & Accessories industry median of 0.41. JD Development Co's overall GF Score™ is 62/100 with 3 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 JD Development Co (ROCO:4402), the current Debt-to-Equity is 0.01 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 JD Development Co (ROCO:4402) Overvalued in 2026?
Based on GuruFocus' analysis, JD Development Co stock appears to be overvalued.
The current stock price of NT$14.25 is trading 4.5% above its estimated GF Value™ of NT$13.64.
GuruFocus considers JD Development Co to be Fairly Valued.
Key valuation signals for ROCO:4402:
Debt-to-Equity: 0.01 (99% below median its 10-year median of 0.78)
GF Value™: NT$13.64 vs. price of NT$14.25 (4.5% above fair value)
Industry Position: 97.6% below the Manufacturing - Apparel & Accessories median (#1 of 932)
No single metric tells the full story. See the ROCO:4402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JD Development Co Ltd business activities are cotton woven fabric manufacturing, silk weaving, linen weaving, cotton weaving, woolen fabric wholesale and renewable energy power generation. The company has two segments Textile Department: mainly engaged in the manufacturing, trading, and processing of textile products; and Electricity Sales Department: mainly engaged in electricity generation from solar power equipment. The company generates majority of revenue from textile department segment. Its products are Textile, Green Energy, and Medical Materials. The company has presence in Taiwan and Asia. The company generates majority of revenue from Taiwan.
62GF Score
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