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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 Lien Hwa Industrial Holding's Debt-to-Equity or its related term are showing as below:
TPE:1229'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 0.41
Current: 0.19
During the past 13 years, the highest Debt-to-Equity Ratio of Lien Hwa Industrial Holding was 0.41. The lowest was 0.11. And the median was 0.27.
TPE:1229's Debt-to-Equity is ranked better than 73.82% of 508
companies
in the Conglomerates industry
Industry Median: 0.53
vs TPE:1229: 0.19
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.
Lien Hwa Industrial Holding Debt-to-Equity Related Terms
Lien Hwa Industrial Holding 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.
For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.
Lien Hwa Industrial Holding Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Lien Hwa Industrial Holding'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.
Lien Hwa Industrial Holding (TPE:1229) has a Debt-to-Equity of 0.19 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lien Hwa Industrial Holding and its competitors. This is 30% below median its historical median of 0.27. Over the past decade, Lien Hwa Industrial Holding's Debt-to-Equity has ranged from 0.11 to 0.41. According to the industry distribution chart, Lien Hwa Industrial Holding ranks #133 out of 508 companies in the Conglomerates industry, placing it in the top 26.2%.
Is Lien Hwa Industrial Holding's Debt-to-Equity too high?
Lien Hwa Industrial Holding's current Debt-to-Equity of 0.19 is 30% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.41. The Conglomerates industry median Debt-to-Equity is 0.53. Lien Hwa Industrial Holding's value of 0.19 is 64.2% below this industry median. Based on the distribution chart, Lien Hwa Industrial Holding ranks #133 out of 508 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Lien Hwa Industrial Holding has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lien Hwa Industrial Holding's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Lien Hwa Industrial Holding ranks #133 out of 508 companies for Debt-to-Equity. This puts Lien Hwa Industrial Holding in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Lien Hwa Industrial Holding's value of 0.19 is 64.2% below this benchmark. Historically, Lien Hwa Industrial Holding's own Debt-to-Equity has ranged from 0.11 to 0.41 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.53, Lien Hwa Industrial Holding 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.53, based on 508 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. Lien Hwa Industrial Holding's current Debt-to-Equity of 0.19 is 64.2% 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 Lien Hwa Industrial Holding and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lien Hwa Industrial Holding's current Debt-to-Equity is 0.19, which is 30% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Hwa Industrial Holding stock overvalued right now?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding (TPE:1229) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$46.43, compared to a current price of NT$41.95 — trading 9.6% below its estimated fair value. The current Debt-to-Equity is 0.19, which is 30% below median its 10-year median of 0.27 and 64.2% below the Conglomerates industry median of 0.53. Lien Hwa Industrial Holding's overall GF Score™ is 86/100 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 Lien Hwa Industrial Holding (TPE:1229), the current Debt-to-Equity is 0.19 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 Lien Hwa Industrial Holding (TPE:1229) Overvalued in 2026?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding stock appears to be undervalued.
The current stock price of NT$41.95 is trading 9.6% below its estimated GF Value™ of NT$46.43.
GuruFocus considers Lien Hwa Industrial Holding to be Modestly Undervalued.
Key valuation signals for TPE:1229:
Debt-to-Equity: 0.19 (30% below median its 10-year median of 0.27)
GF Value™: NT$46.43 vs. price of NT$41.95 (9.6% below fair value)
Industry Position: 64.2% below the Conglomerates median (#133 of 508)
No single metric tells the full story. See the TPE:1229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lien Hwa Industrial Holding Corp is engaged in flour production, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has four reportable segments. The rental business provides real property rental and development services. The Flour business manufactures and sells all kinds of Flour and processed foods. The system integration service business provides the system integration service, automatic system, applied software design and sale of industrial computer. The administrative resource center is responsible for the management of domestic/foreign investment business.
86GF Score
Get the complete analysis for TPE:1229
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