Fulgent Sun International (Holding) Co (TPE:9802) Debt-to-Equity: 0.25 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9802 Fulgent Sun International (Holding) Co Ltd TPE:9802
82 GF Score
Price NT$71.70
GF Value NT$113.91
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Fulgent Sun International (Holding) Co Debt-to-Equity?

Fulgent Sun International (Holding) Co TPE:9802 +0.28% 82 Debt-to-Equity is 0.25 as of Jun. 2026, which is at its 10-year median of 0.25. GuruFocus rates TPE:9802 with a GF Score™ of 82/100 and a GF Value™ of NT$113.91 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Fulgent Sun International (Holding) Co ranks better than 63.91% on this metric.

Fulgent Sun International (Holding) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$2,513 Mil. Fulgent Sun International (Holding) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$917 Mil. Fulgent Sun International (Holding) Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$13,611 Mil. Fulgent Sun International (Holding) Co's debt to equity for the quarter that ended in Jun. 2026 was 0.25.

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 Fulgent Sun International (Holding) Co's Debt-to-Equity or its related term are showing as below:

TPE:9802' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.25   Max: 0.55
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Fulgent Sun International (Holding) Co was 0.55. The lowest was 0.07. And the median was 0.25.

TPE:9802's Debt-to-Equity is ranked better than
63.91% of 931 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs TPE:9802: 0.25

Fulgent Sun International (Holding) Co  (TPE:9802) 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.


Fulgent Sun International (Holding) Co Debt-to-Equity Related Terms


Fulgent Sun International (Holding) Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fulgent Sun International (Holding) 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.

Fulgent Sun International (Holding) Co Debt-to-Equity Chart

Fulgent Sun International (Holding) 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 0.46 0.35 0.21 0.24 0.25

Fulgent Sun International (Holding) 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 0.27 0.24 0.25 0.23 0.25

TPE:9802 vs NKE, DECK, ONON: Debt-to-Equity Comparison

For the Footwear & Accessories subindustry, Fulgent Sun International (Holding) 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.


Fulgent Sun International (Holding) Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulgent Sun International (Holding) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fulgent Sun International (Holding) Co's Debt-to-Equity falls into.


TPE:9802
82GF Score
Fulgent Sun International (Holding) Co Ltd TPE:9802
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fulgent Sun International (Holding) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fulgent Sun International (Holding) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Fulgent Sun International (Holding) 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 0.25 mean?
Fulgent Sun International (Holding) Co (TPE:9802) has a Debt-to-Equity of 0.25 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fulgent Sun International (Holding) Co and its competitors. This is near median its historical median of 0.25. Over the past decade, Fulgent Sun International (Holding) Co's Debt-to-Equity has ranged from 0.07 to 0.55. According to the industry distribution chart, Fulgent Sun International (Holding) Co ranks #336 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.1%.
Is Fulgent Sun International (Holding) Co's Debt-to-Equity too high?
Fulgent Sun International (Holding) Co's current Debt-to-Equity of 0.25 is near median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.55. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Fulgent Sun International (Holding) Co's value of 0.25 is 39% below this industry median. Based on the distribution chart, Fulgent Sun International (Holding) Co ranks #336 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Fulgent Sun International (Holding) Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulgent Sun International (Holding) Co's Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulgent Sun International (Holding) Co ranks #336 out of 931 companies for Debt-to-Equity. This puts Fulgent Sun International (Holding) Co in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Fulgent Sun International (Holding) Co's value of 0.25 is 39% below this benchmark. Historically, Fulgent Sun International (Holding) Co's own Debt-to-Equity has ranged from 0.07 to 0.55 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.41, Fulgent Sun International (Holding) 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 931 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. Fulgent Sun International (Holding) Co's current Debt-to-Equity of 0.25 is 39% 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 Fulgent Sun International (Holding) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulgent Sun International (Holding) Co's current Debt-to-Equity is 0.25, which is near median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulgent Sun International (Holding) Co stock overvalued right now?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co (TPE:9802) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$113.91, compared to a current price of NT$71.70 — trading 37.1% below its estimated fair value. The current Debt-to-Equity is 0.25, which is near median its 10-year median of 0.25 and 39% below the Manufacturing - Apparel & Accessories industry median of 0.41. Fulgent Sun International (Holding) Co's overall GF Score™ is 82/100 with 7 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 Fulgent Sun International (Holding) Co (TPE:9802), the current Debt-to-Equity is 0.25 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 Fulgent Sun International (Holding) Co (TPE:9802) Overvalued in 2026?

Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co stock appears to be undervalued. The current stock price of NT$71.70 is trading 37.1% below its estimated GF Value™ of NT$113.91. GuruFocus considers Fulgent Sun International (Holding) Co to be Significantly Undervalued.

Key valuation signals for TPE:9802:

  • Debt-to-Equity: 0.25 (near median its 10-year median of 0.25)
  • GF Value™: NT$113.91 vs. price of NT$71.70 (37.1% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 39% below the Manufacturing - Apparel & Accessories median (#336 of 931)

No single metric tells the full story. See the TPE:9802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulgent Sun International (Holding) Co Business Description

Address No. 76, Section 3, Yunlin Road, Yunlin County, Douliu, TWN
Fulgent Sun International (Holding) Co Ltd is engaged in the business of production and sale of sports and leisure outdoor shoes. Its main business is the manufacturing of professional sports shoes and high-functional outdoor shoes. Its factories are located in China, Vietnam, and Cambodia.
82GF Score

Get the complete analysis for TPE:9802

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

NT$71.70
Price
NT$113.91
GF Value