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Sino Horizon HoldingsTPE:2923 -6.38%68 Debt-to-Equity is 1.16 as of Jun. 2026, which is 38% above its 10-year median of 0.84. GuruFocus rates TPE:2923 with a GF Score™ of 68/100 and a GF Value™ of NT$25.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,545 Real Estate companies, Sino Horizon Holdings ranks worse than 65.5% 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 Sino Horizon Holdings's Debt-to-Equity or its related term are showing as below:
TPE:2923'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.84 Max: 1.18
Current: 1.16
During the past 13 years, the highest Debt-to-Equity Ratio of Sino Horizon Holdings was 1.18. The lowest was 0.50. And the median was 0.84.
TPE:2923's Debt-to-Equity is ranked worse than 65.5% of 1545
companies
in the Real Estate industry
Industry Median: 0.75
vs TPE:2923: 1.16
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.
Sino Horizon Holdings Debt-to-Equity Related Terms
Sino Horizon Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Sino Horizon Holdings'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.
Sino Horizon Holdings Debt-to-Equity Competitor Comparison
For the Real Estate - Development subindustry, Sino Horizon Holdings'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.
Sino Horizon Holdings Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sino Horizon Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Sino Horizon Holdings'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.
Sino Horizon Holdings (TPE:2923) has a Debt-to-Equity of 1.16 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sino Horizon Holdings and its competitors. This is 38% above median its historical median of 0.84. Over the past decade, Sino Horizon Holdings' Debt-to-Equity has ranged from 0.50 to 1.18. According to the industry distribution chart, Sino Horizon Holdings ranks #1012 out of 1545 companies in the Real Estate industry, placing it in the top 65.5%.
Is Sino Horizon Holdings' Debt-to-Equity too high?
Sino Horizon Holdings' current Debt-to-Equity of 1.16 is 38% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.18. The Real Estate industry median Debt-to-Equity is 0.75. Sino Horizon Holdings' value of 1.16 is 54.7% above this industry median. Based on the distribution chart, Sino Horizon Holdings ranks #1012 out of 1545 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sino Horizon Holdings has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sino Horizon Holdings' Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Sino Horizon Holdings ranks #1012 out of 1545 companies for Debt-to-Equity. This places Sino Horizon Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Sino Horizon Holdings' value of 1.16 is 54.7% above this benchmark. Historically, Sino Horizon Holdings' own Debt-to-Equity has ranged from 0.50 to 1.18 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.75, Sino Horizon Holdings has consistently been above 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,545 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. Sino Horizon Holdings's current Debt-to-Equity of 1.16 is 54.7% above 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 Sino Horizon Holdings and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Horizon Holdings's current Debt-to-Equity is 1.16, which is 38% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Horizon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sino Horizon Holdings (TPE:2923) is currently considered Fairly Valued. The stock's GF Value™ is NT$25.26, compared to a current price of NT$24.20 — trading 4.2% below its estimated fair value. The current Debt-to-Equity is 1.16, which is 38% above median its 10-year median of 0.84 and 54.7% above the Real Estate industry median of 0.75. Sino Horizon Holdings' overall GF Score™ is 68/100 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 Sino Horizon Holdings (TPE:2923), the current Debt-to-Equity is 1.16 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 Sino Horizon Holdings (TPE:2923) Overvalued in 2026?
Based on GuruFocus' analysis, Sino Horizon Holdings stock appears to be undervalued.
The current stock price of NT$24.20 is trading 4.2% below its estimated GF Value™ of NT$25.26.
GuruFocus considers Sino Horizon Holdings to be Fairly Valued.
Key valuation signals for TPE:2923:
Debt-to-Equity: 1.16 (38% above median its 10-year median of 0.84)
GF Value™: NT$25.26 vs. price of NT$24.20 (4.2% below fair value)
Industry Position: 54.7% above the Real Estate median (#1012 of 1545)
No single metric tells the full story. See the TPE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, leases, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China and Taiwan.
68GF Score
Get the complete analysis for TPE:2923
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