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ZinwellTPE:2485 +0.35%49 Debt-to-Equity is 0.04 as of Jun. 2026, which is 100% above its 10-year median of 0.02. GuruFocus rates TPE:2485 with a GF Score™ of 49/100 and a GF Value™ of NT$16.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,232 Hardware companies, Zinwell ranks better than 86.02% 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 Zinwell's Debt-to-Equity or its related term are showing as below:
TPE:2485'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.11
Current: 0.04
During the past 13 years, the highest Debt-to-Equity Ratio of Zinwell was 0.11. The lowest was 0.01. And the median was 0.02.
TPE:2485's Debt-to-Equity is ranked better than 86.02% of 2232
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:2485: 0.04
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.
Zinwell Debt-to-Equity Related Terms
Zinwell Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Zinwell'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.
TPE:2485 vs CSCO, MSI, LITE: Debt-to-Equity Comparison
For the Communication Equipment subindustry, Zinwell'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.
Zinwell Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Zinwell's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zinwell'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.
Zinwell (TPE:2485) has a Debt-to-Equity of 0.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zinwell and its competitors. This is 100% above median its historical median of 0.02. Over the past decade, Zinwell's Debt-to-Equity has ranged from 0.01 to 0.11. According to the industry distribution chart, Zinwell ranks #312 out of 2232 companies in the Hardware industry, placing it in the top 14%.
Is Zinwell's Debt-to-Equity too high?
Zinwell's current Debt-to-Equity of 0.04 is 100% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.11. The Hardware industry median Debt-to-Equity is 0.28. Zinwell's value of 0.04 is 85.7% below this industry median. Based on the distribution chart, Zinwell ranks #312 out of 2232 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Zinwell has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zinwell's Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Zinwell ranks #312 out of 2232 companies for Debt-to-Equity. This places Zinwell in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Zinwell's value of 0.04 is 85.7% below this benchmark. Historically, Zinwell's own Debt-to-Equity has ranged from 0.01 to 0.11 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.28, Zinwell 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,232 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. Zinwell's current Debt-to-Equity of 0.04 is 85.7% 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 Zinwell and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zinwell's current Debt-to-Equity is 0.04, which is 100% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zinwell stock overvalued right now?
Based on GuruFocus' analysis, Zinwell (TPE:2485) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.40, compared to a current price of NT$42.90 — trading 161.6% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 100% above median its 10-year median of 0.02 and 85.7% below the Hardware industry median of 0.28. Zinwell's overall GF Score™ is 49/100 with 5 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 Zinwell (TPE:2485), the current Debt-to-Equity is 0.04 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 Zinwell (TPE:2485) Overvalued in 2026?
Based on GuruFocus' analysis, Zinwell stock appears to be overvalued.
The current stock price of NT$42.90 is trading 161.6% above its estimated GF Value™ of NT$16.40.
GuruFocus considers Zinwell to be Significantly Overvalued.
Key valuation signals for TPE:2485:
Debt-to-Equity: 0.04 (100% above median its 10-year median of 0.02)
GF Value™: NT$16.40 vs. price of NT$42.90 (161.6% above fair value)
Industry Position: 85.7% below the Hardware median (#312 of 2232)
No single metric tells the full story. See the TPE:2485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zinwell Corp is engaged in research and development, manufacturing and sales of Digital Cable / Satellite / Terrestrial receiving equipment, Broadcast and Broadband Communication equipment, IPTV receiving equipment, Wireless equipment. The products are categorized as Satellite / Terrestrial, Digital Home Entertainment, Residential Broadband, and CATV / MATV Transmission products. Its segment includes Digital cable and telecommunication products and Others.
49GF Score
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