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Zhibao TechnologyZBAO -0.98%8 Debt-to-Equity is 2.04 as of Dec. 2025, which is 82% above its 10-year median of 1.12. GuruFocus rates ZBAO with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 395 Insurance companies, Zhibao Technology ranks worse than 96.71% 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 Zhibao Technology's Debt-to-Equity or its related term are showing as below:
ZBAO'
s Debt-to-Equity Range Over the Past 10 Years
Min: -16.71 Med: 1.12 Max: 2.04
Current: 2.04
During the past 5 years, the highest Debt-to-Equity Ratio of Zhibao Technology was 2.04. The lowest was -16.71. And the median was 1.12.
ZBAO's Debt-to-Equity is ranked worse than 96.71% of 395
companies
in the Insurance industry
Industry Median: 0.21
vs ZBAO: 2.04
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.
Zhibao Technology Debt-to-Equity Related Terms
Zhibao Technology Debt-to-Equity Historical Data
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The historical data trend for Zhibao Technology'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.
ZBAO vs GOCOQ, EZRA, HUIZ: Debt-to-Equity Comparison
For the Insurance Brokers subindustry, Zhibao Technology'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.
Zhibao Technology Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Zhibao Technology's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zhibao Technology'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.
Zhibao Technology (ZBAO) has a Debt-to-Equity of 2.04 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zhibao Technology and its competitors. This is 82% above median its historical median of 1.12. According to the industry distribution chart, Zhibao Technology ranks #382 out of 395 companies in the Insurance industry, placing it in the top 96.7%.
Is Zhibao Technology's Debt-to-Equity too high?
Zhibao Technology's current Debt-to-Equity of 2.04 is 82% above median its 10-year median of 1.12. The Insurance industry median Debt-to-Equity is 0.21. Zhibao Technology's value of 2.04 is 871.4% above this industry median. Based on the distribution chart, Zhibao Technology ranks #382 out of 395 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Zhibao Technology has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Zhibao Technology's Debt-to-Equity compare to GOCOQ and EZRA?
According to the Insurance industry distribution chart, Zhibao Technology ranks #382 out of 395 companies for Debt-to-Equity. This places Zhibao Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Zhibao Technology's value of 2.04 is 871.4% above this benchmark. While the company's 10-year median is 1.12 vs. the industry median of 0.21, Zhibao Technology 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 an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 395 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. Zhibao Technology's current Debt-to-Equity of 2.04 is 871.4% 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 Zhibao Technology and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhibao Technology's current Debt-to-Equity is 2.04, which is 82% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhibao Technology stock overvalued right now?
Zhibao Technology (ZBAO) has a current Debt-to-Equity of 2.04. The current Debt-to-Equity is 2.04, which is 82% above median its 10-year median of 1.12 and 871.4% above the Insurance industry median of 0.21. Zhibao Technology's overall GF Score™ is 8/100 with 5 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 Zhibao Technology (ZBAO), the current Debt-to-Equity is 2.04 as of Dec. 2025. 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.
Zhibao Technology Inc is an insurance technology company providing digital insurance brokerage services in China. The Company operates a 2B2C digital embedded insurance business model, which it pioneered in China, and provides managing general underwriter (MGU) services to insurance companies, including product design, underwriting, reinsurance, claims, and risk control within specific product or market segments. It offers customized digital insurance solutions for B-side channels, including Internet platforms, enterprises, and government agencies, by embedding insurance products into existing business platforms and providing digital insurance brokerage services to C-end customers.
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