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Hanpin Electron CoTPE:2488 +0.21%93 Debt-to-Equity is 0.02 as of Jun. 2026, which is 85% below its 10-year median of 0.13. GuruFocus rates TPE:2488 with a GF Score™ of 93/100 and a GF Value™ of NT$51.66 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,230 Hardware companies, Hanpin Electron Co ranks better than 93.9% 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 Hanpin Electron Co's Debt-to-Equity or its related term are showing as below:
TPE:2488'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.72
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Hanpin Electron Co was 0.72. The lowest was 0.00. And the median was 0.13.
TPE:2488's Debt-to-Equity is ranked better than 93.9% of 2230
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:2488: 0.02
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.
Hanpin Electron Co Debt-to-Equity Related Terms
Hanpin Electron Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hanpin Electron 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.
For the Consumer Electronics subindustry, Hanpin Electron 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.
Hanpin Electron Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hanpin Electron Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hanpin Electron 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.
Hanpin Electron Co (TPE:2488) has a Debt-to-Equity of 0.02 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hanpin Electron Co and its competitors. This is 85% below median its historical median of 0.13. According to the industry distribution chart, Hanpin Electron Co ranks #136 out of 2230 companies in the Hardware industry, placing it in the top 6.1%.
Is Hanpin Electron Co's Debt-to-Equity too high?
Hanpin Electron Co's current Debt-to-Equity of 0.02 is 85% below median its 10-year median of 0.13. The Hardware industry median Debt-to-Equity is 0.28. Hanpin Electron Co's value of 0.02 is 92.9% below this industry median. Based on the distribution chart, Hanpin Electron Co ranks #136 out of 2230 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hanpin Electron Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hanpin Electron Co's Debt-to-Equity compare to AAPL?
According to the Hardware industry distribution chart, Hanpin Electron Co ranks #136 out of 2230 companies for Debt-to-Equity. This places Hanpin Electron Co in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Hanpin Electron Co's value of 0.02 is 92.9% below this benchmark. While the company's 10-year median is 0.13 vs. the industry median of 0.28, Hanpin Electron 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 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. Hanpin Electron Co's current Debt-to-Equity of 0.02 is 92.9% 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 Hanpin Electron Co 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. Hanpin Electron Co's current Debt-to-Equity is 0.02, which is 85% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanpin Electron Co stock overvalued right now?
Based on GuruFocus' analysis, Hanpin Electron Co (TPE:2488) is currently considered Fairly Valued. The stock's GF Value™ is NT$51.66, compared to a current price of NT$48.75 — trading 5.6% below its estimated fair value. The current Debt-to-Equity is 0.02, which is 85% below median its 10-year median of 0.13 and 92.9% below the Hardware industry median of 0.28. Hanpin Electron Co's overall GF Score™ is 93/100 with 2 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 Hanpin Electron Co (TPE:2488), the current Debt-to-Equity is 0.02 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 Hanpin Electron Co (TPE:2488) Overvalued in 2026?
Based on GuruFocus' analysis, Hanpin Electron Co stock appears to be undervalued.
The current stock price of NT$48.75 is trading 5.6% below its estimated GF Value™ of NT$51.66.
GuruFocus considers Hanpin Electron Co to be Fairly Valued.
Key valuation signals for TPE:2488:
Debt-to-Equity: 0.02 (85% below median its 10-year median of 0.13)
GF Value™: NT$51.66 vs. price of NT$48.75 (5.6% below fair value)
Industry Position: 92.9% below the Hardware median (#136 of 2230)
No single metric tells the full story. See the TPE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanpin Electron Co Ltd is engaged in the manufacture of electronic appliances, lighting equipment, data storage and processing equipment, wireless communication machinery and electronic components, the provision of international trading, product design and information software services. It operates in two segments Audio and Construction segments. Audio segment is engaged in the manufacture of audio equipment used in consumer entertainment venues, studios, personal audiovisual entertainment, schools, conference rooms, theatres and large-scale concerts. Construction segment engages in the development, leasing and sales of residential buildings, commercial buildings and industrial factories, as well as real estate sales and leasing. Audio segment derives the majority of revenue.
93GF Score
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