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Shin Shin CoTPE:2901 +0.42%86 Debt-to-Equity is 0.08 as of Jun. 2026, which is 700% above its 10-year median of 0.01. GuruFocus rates TPE:2901 with a GF Score™ of 86/100 and a GF Value™ of NT$26.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,017 Retail - Cyclical companies, Shin Shin Co ranks better than 88.5% 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 Shin Shin Co's Debt-to-Equity or its related term are showing as below:
TPE:2901'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.08
Current: 0.08
During the past 13 years, the highest Debt-to-Equity Ratio of Shin Shin Co was 0.08. The lowest was 0.00. And the median was 0.01.
TPE:2901's Debt-to-Equity is ranked better than 88.5% of 1017
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs TPE:2901: 0.08
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.
Shin Shin Co Debt-to-Equity Related Terms
Shin Shin Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Shin Shin 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 Department Stores subindustry, Shin Shin 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.
Shin Shin Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shin Shin Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shin Shin 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.
Shin Shin Co (TPE:2901) has a Debt-to-Equity of 0.08 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shin Shin Co and its competitors. This is 700% above median its historical median of 0.01. According to the industry distribution chart, Shin Shin Co ranks #117 out of 1017 companies in the Retail - Cyclical industry, placing it in the top 11.5%.
Is Shin Shin Co's Debt-to-Equity too high?
Shin Shin Co's current Debt-to-Equity of 0.08 is 700% above median its 10-year median of 0.01. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Shin Shin Co's value of 0.08 is 85.7% below this industry median. Based on the distribution chart, Shin Shin Co ranks #117 out of 1017 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Co's Debt-to-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shin Shin Co ranks #117 out of 1017 companies for Debt-to-Equity. This places Shin Shin Co in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.56. Shin Shin Co's value of 0.08 is 85.7% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.56, Shin Shin 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,017 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. Shin Shin Co's current Debt-to-Equity of 0.08 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 Shin Shin Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Co's current Debt-to-Equity is 0.08, which is 700% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Co (TPE:2901) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.91, compared to a current price of NT$24.00 — trading 10.8% below its estimated fair value. The current Debt-to-Equity is 0.08, which is 700% above median its 10-year median of 0.01 and 85.7% below the Retail - Cyclical industry median of 0.56. Shin Shin Co's overall GF Score™ is 86/100 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 Shin Shin Co (TPE:2901), the current Debt-to-Equity is 0.08 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 Shin Shin Co (TPE:2901) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Shin Co stock appears to be undervalued.
The current stock price of NT$24.00 is trading 10.8% below its estimated GF Value™ of NT$26.91.
GuruFocus considers Shin Shin Co to be Modestly Undervalued.
Key valuation signals for TPE:2901:
Debt-to-Equity: 0.08 (700% above median its 10-year median of 0.01)
GF Value™: NT$26.91 vs. price of NT$24.00 (10.8% below fair value)
Industry Position: 85.7% below the Retail - Cyclical median (#117 of 1017)
No single metric tells the full story. See the TPE:2901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Shin Co Ltd is engaged in business operations including supermarkets, department store retailing, cinemas, parking lots, and property leasing. Maximum of its revenue is generated from Department store.
86GF Score
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