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Zhong Yang Technology CoTPE:6668 -3.18%61 Debt-to-Equity is 0.41 as of Jun. 2026, which is 18% below its 10-year median of 0.50. GuruFocus rates TPE:6668 with a GF Score™ of 61/100 and a GF Value™ of NT$52.39 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,236 Hardware companies, Zhong Yang Technology Co ranks worse than 60.78% 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 Zhong Yang Technology Co's Debt-to-Equity or its related term are showing as below:
TPE:6668'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.5 Max: 1.13
Current: 0.41
During the past 11 years, the highest Debt-to-Equity Ratio of Zhong Yang Technology Co was 1.13. The lowest was 0.09. And the median was 0.50.
TPE:6668's Debt-to-Equity is ranked worse than 60.78% of 2236
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:6668: 0.41
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.
Zhong Yang Technology Co Debt-to-Equity Related Terms
Zhong Yang Technology Co Debt-to-Equity Historical Data
* 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.
TPE:6668 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Zhong Yang 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.
Zhong Yang Technology Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Zhong Yang Technology Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zhong Yang Technology 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.
Zhong Yang Technology Co (TPE:6668) has a Debt-to-Equity of 0.41 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zhong Yang Technology Co and its competitors. This is 18% below median its historical median of 0.50. Over the past decade, Zhong Yang Technology Co's Debt-to-Equity has ranged from 0.09 to 1.13. According to the industry distribution chart, Zhong Yang Technology Co ranks #1359 out of 2236 companies in the Hardware industry, placing it in the top 60.8%.
Is Zhong Yang Technology Co's Debt-to-Equity too high?
Zhong Yang Technology Co's current Debt-to-Equity of 0.41 is 18% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.13. The Hardware industry median Debt-to-Equity is 0.28. Zhong Yang Technology Co's value of 0.41 is 46.4% above this industry median. Based on the distribution chart, Zhong Yang Technology Co ranks #1359 out of 2236 companies in the Hardware industry, which is below the industry midpoint. Overall, Zhong Yang Technology Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhong Yang Technology Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Zhong Yang Technology Co ranks #1359 out of 2236 companies for Debt-to-Equity. This places Zhong Yang Technology Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Zhong Yang Technology Co's value of 0.41 is 46.4% above this benchmark. Historically, Zhong Yang Technology Co's own Debt-to-Equity has ranged from 0.09 to 1.13 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.28, Zhong Yang Technology Co 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,236 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. Zhong Yang Technology Co's current Debt-to-Equity of 0.41 is 46.4% 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 Zhong Yang Technology 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. Zhong Yang Technology Co's current Debt-to-Equity is 0.41, which is 18% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Yang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhong Yang Technology Co (TPE:6668) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.39, compared to a current price of NT$42.60 — trading 18.7% below its estimated fair value. The current Debt-to-Equity is 0.41, which is 18% below median its 10-year median of 0.50 and 46.4% above the Hardware industry median of 0.28. Zhong Yang Technology Co's overall GF Score™ is 61/100 with 6 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 Zhong Yang Technology Co (TPE:6668), the current Debt-to-Equity is 0.41 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 Zhong Yang Technology Co (TPE:6668) Overvalued in 2026?
Based on GuruFocus' analysis, Zhong Yang Technology Co stock appears to be undervalued.
The current stock price of NT$42.60 is trading 18.7% below its estimated GF Value™ of NT$52.39.
GuruFocus considers Zhong Yang Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:6668:
Debt-to-Equity: 0.41 (18% below median its 10-year median of 0.50)
GF Value™: NT$52.39 vs. price of NT$42.60 (18.7% below fair value)
Industry Position: 46.4% above the Hardware median (#1359 of 2236)
No single metric tells the full story. See the TPE:6668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhong Yang Technology Co Ltd is a company engaged in the research and development, manufacturing, and sales of optical mold products. The company is also involved in the production of molds which are used to produce the lens for a cell phone, a car with the camera, and other kinds of optical modules. Its products have applications in various industries such as mobile phones, automobiles, and others. Its geographical segments include China, Taiwan, Korea, and Other countries.
61GF Score
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