Well Shin Technology Co (TPE:3501) Debt-to-Equity: 0.13 (As of Mar. 2026) — 63% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:3501 Well Shin Technology Co Ltd TPE:3501
75 GF Score
Price NT$39.90
GF Value NT$60.25
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Well Shin Technology Co Debt-to-Equity?

Well Shin Technology Co TPE:3501 -0.75% 75 Debt-to-Equity is 0.13 as of Mar. 2026, which is 63% above its 10-year median of 0.08. GuruFocus rates TPE:3501 with a GF Score™ of 75/100 and a GF Value™ of NT$60.25 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 2,685 Industrial Products companies, Well Shin Technology Co ranks better than 69.46% on this metric.

Well Shin Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$795 Mil. Well Shin Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$123 Mil. Well Shin Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was NT$6,913 Mil. Well Shin Technology Co's debt to equity for the quarter that ended in Mar. 2026 was 0.13.

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 Well Shin Technology Co's Debt-to-Equity or its related term are showing as below:

TPE:3501' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.22
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Well Shin Technology Co was 0.22. The lowest was 0.01. And the median was 0.08.

TPE:3501's Debt-to-Equity is ranked better than
69.46% of 2685 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:3501: 0.13

Well Shin Technology Co  (TPE:3501) 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.


Well Shin Technology Co Debt-to-Equity Related Terms


Well Shin Technology Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Well Shin Technology 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.

Well Shin Technology Co Debt-to-Equity Chart

Well Shin Technology 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 0.11 0.07 0.01 0.03 0.13

Well Shin Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.06 0.08 0.13 0.13 0.13

TPE:3501 vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Well Shin Technology 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.


Well Shin Technology Co Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Well Shin Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Well Shin Technology Co's Debt-to-Equity falls into.


TPE:3501
75GF Score
Well Shin Technology Co Ltd TPE:3501
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Well Shin Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Well Shin Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Well Shin Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.13 mean?
Well Shin Technology Co (TPE:3501) has a Debt-to-Equity of 0.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Well Shin Technology Co and its competitors. This is 63% above median its historical median of 0.08. Over the past decade, Well Shin Technology Co's Debt-to-Equity has ranged from 0.01 to 0.22. According to the industry distribution chart, Well Shin Technology Co ranks #820 out of 2685 companies in the Industrial Products industry, placing it in the top 30.5%.
Is Well Shin Technology Co's Debt-to-Equity too high?
Well Shin Technology Co's current Debt-to-Equity of 0.13 is 63% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The Industrial Products industry median Debt-to-Equity is 0.29. Well Shin Technology Co's value of 0.13 is 55.2% below this industry median. Based on the distribution chart, Well Shin Technology Co ranks #820 out of 2685 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Well Shin Technology Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Shin Technology Co's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Well Shin Technology Co ranks #820 out of 2685 companies for Debt-to-Equity. This puts Well Shin Technology Co in the upper half of its industry. The industry median Debt-to-Equity is 0.29. Well Shin Technology Co's value of 0.13 is 55.2% below this benchmark. Historically, Well Shin Technology Co's own Debt-to-Equity has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.29, Well Shin Technology 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,685 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. Well Shin Technology Co's current Debt-to-Equity of 0.13 is 55.2% 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 Well Shin Technology Co and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Well Shin Technology Co's current Debt-to-Equity is 0.13, which is 63% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Shin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Well Shin Technology Co (TPE:3501) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$60.25, compared to a current price of NT$39.90 — trading 33.8% below its estimated fair value. The current Debt-to-Equity is 0.13, which is 63% above median its 10-year median of 0.08 and 55.2% below the Industrial Products industry median of 0.29. Well Shin Technology Co's overall GF Score™ is 75/100 with 8 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 Well Shin Technology Co (TPE:3501), the current Debt-to-Equity is 0.13 as of Mar. 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 Well Shin Technology Co (TPE:3501) Overvalued in 2026?

Based on GuruFocus' analysis, Well Shin Technology Co stock appears to be undervalued. The current stock price of NT$39.90 is trading 33.8% below its estimated GF Value™ of NT$60.25. GuruFocus considers Well Shin Technology Co to be Significantly Undervalued.

Key valuation signals for TPE:3501:

  • Debt-to-Equity: 0.13 (63% above median its 10-year median of 0.08)
  • GF Value™: NT$60.25 vs. price of NT$39.90 (33.8% below fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 55.2% below the Industrial Products median (#820 of 2685)

No single metric tells the full story. See the TPE:3501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Well Shin Technology Co Business Description

Address No.196, Xinhu 3rd, Neihu District, Taipei, TWN, 114065
Well Shin Technology Co Ltd manufactures electronics products. The Company is engaged in the manufacture of wire and Cable and electronic components and wholesale and retail of electronic materials. The product portfolio of the company encompasses AC plug, AC connectors, Socket inlet, Power strip, Adapter, Locking cord, Charger, Headphone, and among others.
75GF Score

Get the complete analysis for TPE:3501

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

NT$39.90
Price
NT$60.25
GF Value