Lung Ming Green Energy Technology Engineering Co (TPE:3018) Debt-to-Equity: 0.24 (As of Jun. 2026) — 61% Below Median

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TPE:3018 Lung Ming Green Energy Technology Engineering Co Ltd TPE:3018
54 GF Score
Price NT$12.80
GF Value NT$5.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lung Ming Green Energy Technology Engineering Co Debt-to-Equity?

Lung Ming Green Energy Technology Engineering Co TPE:3018 +7.11% 54 Debt-to-Equity is 0.24 as of Jun. 2026, which is 61% below its 10-year median of 0.62. GuruFocus rates TPE:3018 with a GF Score™ of 54/100 and a GF Value™ of NT$5.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,614 Construction companies, Lung Ming Green Energy Technology Engineering Co ranks better than 63.94% on this metric.

Lung Ming Green Energy Technology Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$89.5 Mil. Lung Ming Green Energy Technology Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$4.4 Mil. Lung Ming Green Energy Technology Engineering Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$398.3 Mil. Lung Ming Green Energy Technology Engineering Co's debt to equity for the quarter that ended in Jun. 2026 was 0.24.

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 Lung Ming Green Energy Technology Engineering Co's Debt-to-Equity or its related term are showing as below:

TPE:3018' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.62   Max: 7.28
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Lung Ming Green Energy Technology Engineering Co was 7.28. The lowest was 0.17. And the median was 0.62.

TPE:3018's Debt-to-Equity is ranked better than
63.94% of 1614 companies
in the Construction industry
Industry Median: 0.4 vs TPE:3018: 0.24

Lung Ming Green Energy Technology Engineering Co  (TPE:3018) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Lung Ming Green Energy Technology Engineering Co Debt-to-Equity Related Terms


Lung Ming Green Energy Technology Engineering Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Lung Ming Green Energy Technology Engineering 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.

Lung Ming Green Energy Technology Engineering Co Debt-to-Equity Chart

Lung Ming Green Energy Technology Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 3.26 2.18 0.57 0.17

Lung Ming Green Energy Technology Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.71 0.17 0.20 0.24

TPE:3018 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.


Lung Ming Green Energy Technology Engineering Co Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Lung Ming Green Energy Technology Engineering Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lung Ming Green Energy Technology Engineering Co's Debt-to-Equity falls into.


TPE:3018
54GF Score
Lung Ming Green Energy Technology Engineering Co Ltd TPE:3018
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lung Ming Green Energy Technology Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lung Ming Green Energy Technology Engineering Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Lung Ming Green Energy Technology Engineering Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.24 mean?
Lung Ming Green Energy Technology Engineering Co (TPE:3018) has a Debt-to-Equity of 0.24 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lung Ming Green Energy Technology Engineering Co and its competitors. This is 61% below median its historical median of 0.62. Over the past decade, Lung Ming Green Energy Technology Engineering Co's Debt-to-Equity has ranged from 0.17 to 7.28. According to the industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #582 out of 1614 companies in the Construction industry, placing it in the top 36.1%.
Is Lung Ming Green Energy Technology Engineering Co's Debt-to-Equity too high?
Lung Ming Green Energy Technology Engineering Co's current Debt-to-Equity of 0.24 is 61% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 7.28. The Construction industry median Debt-to-Equity is 0.40. Lung Ming Green Energy Technology Engineering Co's value of 0.24 is 40% below this industry median. Based on the distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #582 out of 1614 companies in the Construction industry, which is above the industry midpoint. Overall, Lung Ming Green Energy Technology Engineering Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lung Ming Green Energy Technology Engineering Co's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #582 out of 1614 companies for Debt-to-Equity. This puts Lung Ming Green Energy Technology Engineering Co in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Lung Ming Green Energy Technology Engineering Co's value of 0.24 is 40% below this benchmark. Historically, Lung Ming Green Energy Technology Engineering Co's own Debt-to-Equity has ranged from 0.17 to 7.28 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.40, Lung Ming Green Energy Technology Engineering 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,614 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. Lung Ming Green Energy Technology Engineering Co's current Debt-to-Equity of 0.24 is 40% 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 Lung Ming Green Energy Technology Engineering Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lung Ming Green Energy Technology Engineering Co's current Debt-to-Equity is 0.24, which is 61% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Ming Green Energy Technology Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co (TPE:3018) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.62, compared to a current price of NT$12.80 — trading 127.8% above its estimated fair value. The current Debt-to-Equity is 0.24, which is 61% below median its 10-year median of 0.62 and 40% below the Construction industry median of 0.40. Lung Ming Green Energy Technology Engineering Co's overall GF Score™ is 54/100 with 4 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018), the current Debt-to-Equity is 0.24 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018) Overvalued in 2026?

Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co stock appears to be overvalued. The current stock price of NT$12.80 is trading 127.8% above its estimated GF Value™ of NT$5.62. GuruFocus considers Lung Ming Green Energy Technology Engineering Co to be Significantly Overvalued.

Key valuation signals for TPE:3018:

  • Debt-to-Equity: 0.24 (61% below median its 10-year median of 0.62)
  • GF Value™: NT$5.62 vs. price of NT$12.80 (127.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 40% below the Construction median (#582 of 1614)

No single metric tells the full story. See the TPE:3018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lung Ming Green Energy Technology Engineering Co Business Description

Address No. 602, Mingshui Road, 3rd Floor, Zhongshan District, Taipei, TWN
Lung Ming Green Energy Technology Engineering Co Ltd is principally engaged in mechanical and electrical system integration works, construction works, and waste disposal related to technology plants, industrial plants, and residences. The Company operates through the Engineering department, which generates maximum revenue, the Environmental Protection department, and the Other department.
54GF Score

Get the complete analysis for TPE:3018

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$12.80
Price
NT$5.62
GF Value