Shinih Enterprise Co (TPE:9944) Debt-to-Equity: 0.51 (As of Jun. 2026) — Near Median

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TPE:9944 Shinih Enterprise Co Ltd TPE:9944
78 GF Score
Price NT$17.40
GF Value NT$19.66
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shinih Enterprise Co Debt-to-Equity?

Shinih Enterprise Co TPE:9944 +0.87% 78 Debt-to-Equity is 0.51 as of Jun. 2026, which is 9% below its 10-year median of 0.56. GuruFocus rates TPE:9944 with a GF Score™ of 78/100 and a GF Value™ of NT$19.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 929 Manufacturing - Apparel & Accessories companies, Shinih Enterprise Co ranks worse than 56.73% on this metric.

Shinih Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,225 Mil. Shinih Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$539 Mil. Shinih Enterprise Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$3,489 Mil. Shinih Enterprise Co's debt to equity for the quarter that ended in Jun. 2026 was 0.51.

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 Shinih Enterprise Co's Debt-to-Equity or its related term are showing as below:

TPE:9944' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47   Med: 0.56   Max: 0.63
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Shinih Enterprise Co was 0.63. The lowest was 0.47. And the median was 0.56.

TPE:9944's Debt-to-Equity is ranked worse than
56.73% of 929 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs TPE:9944: 0.51

Shinih Enterprise Co  (TPE:9944) 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.


Shinih Enterprise Co Debt-to-Equity Related Terms


Shinih Enterprise Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Shinih Enterprise 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.

Shinih Enterprise Co Debt-to-Equity Chart

Shinih Enterprise 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 0.52 0.52 0.56 0.59 0.52

Shinih Enterprise 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 0.57 0.54 0.52 0.50 0.51

Shinih Enterprise Co Debt-to-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Shinih Enterprise 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.


Shinih Enterprise Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinih Enterprise Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shinih Enterprise Co's Debt-to-Equity falls into.


TPE:9944
78GF Score
Shinih Enterprise Co Ltd TPE:9944
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinih Enterprise Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Shinih Enterprise 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 0.51 mean?
Shinih Enterprise Co (TPE:9944) has a Debt-to-Equity of 0.51 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shinih Enterprise Co and its competitors. This is near median its historical median of 0.56. Over the past decade, Shinih Enterprise Co's Debt-to-Equity has ranged from 0.47 to 0.63. According to the industry distribution chart, Shinih Enterprise Co ranks #527 out of 929 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.7%.
Is Shinih Enterprise Co's Debt-to-Equity too high?
Shinih Enterprise Co's current Debt-to-Equity of 0.51 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.63. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. Shinih Enterprise Co's value of 0.51 is 21.4% above this industry median. Based on the distribution chart, Shinih Enterprise Co ranks #527 out of 929 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shinih Enterprise Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinih Enterprise Co's Debt-to-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shinih Enterprise Co ranks #527 out of 929 companies for Debt-to-Equity. This places Shinih Enterprise Co in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Shinih Enterprise Co's value of 0.51 is 21.4% above this benchmark. Historically, Shinih Enterprise Co's own Debt-to-Equity has ranged from 0.47 to 0.63 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.42, Shinih Enterprise 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 929 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. Shinih Enterprise Co's current Debt-to-Equity of 0.51 is 21.4% 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 Shinih Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinih Enterprise Co's current Debt-to-Equity is 0.51, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinih Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Shinih Enterprise Co (TPE:9944) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.66, compared to a current price of NT$17.40 — trading 11.5% below its estimated fair value. The current Debt-to-Equity is 0.51, which is near median its 10-year median of 0.56 and 21.4% above the Manufacturing - Apparel & Accessories industry median of 0.42. Shinih Enterprise Co's overall GF Score™ is 78/100 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 Shinih Enterprise Co (TPE:9944), the current Debt-to-Equity is 0.51 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 Shinih Enterprise Co (TPE:9944) Overvalued in 2026?

Based on GuruFocus' analysis, Shinih Enterprise Co stock appears to be undervalued. The current stock price of NT$17.40 is trading 11.5% below its estimated GF Value™ of NT$19.66. GuruFocus considers Shinih Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:9944:

  • Debt-to-Equity: 0.51 (near median its 10-year median of 0.56)
  • GF Value™: NT$19.66 vs. price of NT$17.40 (11.5% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 21.4% above the Manufacturing - Apparel & Accessories median (#527 of 929)

No single metric tells the full story. See the TPE:9944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinih Enterprise Co Business Description

Address No. 41, Lianhua Street, Bade District, Taoyuan, TWN
Shinih Enterprise Co Ltd is engaged in the manufacturing and refining of nonwoven fabric materials, and the production of insulation and industrial goods. The company is also involved in the commerce of ancillary products, textile machinery, and engages in the real estate sector through the development, marketing, and leasing of mixed-use buildings.
78GF Score

Get the complete analysis for TPE:9944

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

NT$17.40
Price
NT$19.66
GF Value