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Hsin Tai GasROCO:8917 +0.93%94 Equity-to-Asset is 0.43 as of Jun. 2026, which is 7% below its 10-year median of 0.46. GuruFocus rates ROCO:8917 with a GF Score™ of 94/100 and a GF Value™ of NT$69.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 509 Utilities - Regulated companies, Hsin Tai Gas ranks better than 63.85% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hsin Tai Gas's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$2,632 Mil. Hsin Tai Gas's Total Assets for the quarter that ended in Jun. 2026 was NT$6,155 Mil.
Therefore, Hsin Tai Gas's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.43.
The historical rank and industry rank for Hsin Tai Gas's Equity-to-Asset or its related term are showing as below:
ROCO:8917'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.46 Max: 0.5
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Hsin Tai Gas was 0.50. The lowest was 0.40. And the median was 0.46.
ROCO:8917's Equity-to-Asset is ranked better than 63.85% of 509
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs ROCO:8917: 0.43
Hsin Tai Gas (ROCO:8917) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Hsin Tai Gas Equity-to-Asset Related Terms
Hsin Tai Gas Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Hsin Tai Gas's Equity-to-Asset 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.
ROCO:8917 vs ATO, NI, UGI: Equity-to-Asset Comparison
For the Utilities - Regulated Gas subindustry, Hsin Tai Gas's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Hsin Tai Gas Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hsin Tai Gas's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Hsin Tai Gas's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Hsin Tai Gas (ROCO:8917) has a Equity-to-Asset of 0.43 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hsin Tai Gas and its competitors. This is near median its historical median of 0.46. Over the past decade, Hsin Tai Gas' Equity-to-Asset has ranged from 0.40 to 0.50. According to the industry distribution chart, Hsin Tai Gas ranks #184 out of 509 companies in the Utilities - Regulated industry, placing it in the top 36.1%.
Is Hsin Tai Gas' Equity-to-Asset too high?
Hsin Tai Gas' current Equity-to-Asset of 0.43 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.50. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Hsin Tai Gas' value of 0.43 is 19.4% above this industry median. Based on the distribution chart, Hsin Tai Gas ranks #184 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hsin Tai Gas has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Tai Gas' Equity-to-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hsin Tai Gas ranks #184 out of 509 companies for Equity-to-Asset. This puts Hsin Tai Gas in the upper half of its industry. The industry median Equity-to-Asset is 0.36. Hsin Tai Gas' value of 0.43 is 19.4% above this benchmark. Historically, Hsin Tai Gas' own Equity-to-Asset has ranged from 0.40 to 0.50 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.36, Hsin Tai Gas 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hsin Tai Gas's current Equity-to-Asset of 0.43 is 19.4% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hsin Tai Gas and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin Tai Gas's current Equity-to-Asset is 0.43, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Tai Gas stock overvalued right now?
Based on GuruFocus' analysis, Hsin Tai Gas (ROCO:8917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$69.41, compared to a current price of NT$54.00 — trading 22.2% below its estimated fair value. The current Equity-to-Asset is 0.43, which is near median its 10-year median of 0.46 and 19.4% above the Utilities - Regulated industry median of 0.36. Hsin Tai Gas' overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Hsin Tai Gas (ROCO:8917), the current Equity-to-Asset is 0.43 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 Hsin Tai Gas (ROCO:8917) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin Tai Gas stock appears to be undervalued.
The current stock price of NT$54.00 is trading 22.2% below its estimated GF Value™ of NT$69.41.
GuruFocus considers Hsin Tai Gas to be Modestly Undervalued.
Key valuation signals for ROCO:8917:
Equity-to-Asset: 0.43 (near median its 10-year median of 0.46)
GF Value™: NT$69.41 vs. price of NT$54.00 (22.2% below fair value)
Industry Position: 19.4% above the Utilities - Regulated median (#184 of 509)
No single metric tells the full story. See the ROCO:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City. Its segments include: Gas Sales Segment; Equipment Segment; and Others, of which Gas Sales Segment derives maximum revenue.
94GF Score
Get the complete analysis for ROCO:8917
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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