Shining Victory Motor Electronic Co (TPE:2248) Equity-to-Asset: 0.49 (As of Jun. 2026) — 11% Below Median

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TPE:2248 Shining Victory Motor Electronic Co Ltd TPE:2248
83 GF Score
Price NT$60.40
GF Value NT$59.54
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Shining Victory Motor Electronic Co Equity-to-Asset?

Shining Victory Motor Electronic Co TPE:2248 -1.79% 83 Equity-to-Asset is 0.49 as of Jun. 2026, which is 11% below its 10-year median of 0.55. GuruFocus rates TPE:2248 with a GF Score™ of 83/100 and a GF Value™ of NT$59.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,333 Vehicles & Parts companies, Shining Victory Motor Electronic Co ranks better than 52.29% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shining Victory Motor Electronic Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$1,763 Mil. Shining Victory Motor Electronic Co's Total Assets for the quarter that ended in Jun. 2026 was NT$3,567 Mil. Therefore, Shining Victory Motor Electronic Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.49.

The historical rank and industry rank for Shining Victory Motor Electronic Co's Equity-to-Asset or its related term are showing as below:

TPE:2248' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.55   Max: 0.7
Current: 0.49

During the past 11 years, the highest Equity to Asset Ratio of Shining Victory Motor Electronic Co was 0.70. The lowest was 0.45. And the median was 0.55.

TPE:2248's Equity-to-Asset is ranked better than
52.29% of 1333 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs TPE:2248: 0.49

Shining Victory Motor Electronic Co  (TPE:2248) 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%.


Shining Victory Motor Electronic Co Equity-to-Asset Related Terms


Shining Victory Motor Electronic Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Shining Victory Motor Electronic Co'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.

Shining Victory Motor Electronic Co Equity-to-Asset Chart

Shining Victory Motor Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.48 0.45 0.48 0.55

Shining Victory Motor Electronic Co Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.53 0.54 0.55 0.56 0.49

TPE:2248 vs ORLY, AZO, GPC: Equity-to-Asset Comparison

For the Auto Parts subindustry, Shining Victory Motor Electronic Co'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.


Shining Victory Motor Electronic Co Equity-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shining Victory Motor Electronic Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shining Victory Motor Electronic Co's Equity-to-Asset falls into.


TPE:2248
83GF Score
Shining Victory Motor Electronic Co Ltd TPE:2248
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Victory Motor Electronic Co Equity-to-Asset Calculation

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.

Shining Victory Motor Electronic Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1661.378/3026.838
=0.55

Shining Victory Motor Electronic Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=1763.243/3567.058
=0.49

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.49 mean?
Shining Victory Motor Electronic Co (TPE:2248) has a Equity-to-Asset of 0.49 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Shining Victory Motor Electronic Co and its competitors. This is 11% below median its historical median of 0.55. Over the past decade, Shining Victory Motor Electronic Co's Equity-to-Asset has ranged from 0.45 to 0.70. According to the industry distribution chart, Shining Victory Motor Electronic Co ranks #636 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 47.7%.
Is Shining Victory Motor Electronic Co's Equity-to-Asset too high?
Shining Victory Motor Electronic Co's current Equity-to-Asset of 0.49 is 11% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.70. The Vehicles & Parts industry median Equity-to-Asset is 0.48. Shining Victory Motor Electronic Co's value of 0.49 is 2.1% above this industry median. Based on the distribution chart, Shining Victory Motor Electronic Co ranks #636 out of 1333 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shining Victory Motor Electronic Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shining Victory Motor Electronic Co's Equity-to-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shining Victory Motor Electronic Co ranks #636 out of 1333 companies for Equity-to-Asset. This puts Shining Victory Motor Electronic Co in the upper half of its industry. The industry median Equity-to-Asset is 0.48. Shining Victory Motor Electronic Co's value of 0.49 is 2.1% above this benchmark. Historically, Shining Victory Motor Electronic Co's own Equity-to-Asset has ranged from 0.45 to 0.70 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.48, Shining Victory Motor Electronic 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 Equity-to-Asset for a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.48, based on 1,333 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. Shining Victory Motor Electronic Co's current Equity-to-Asset of 0.49 is 2.1% 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 Shining Victory Motor Electronic Co and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Victory Motor Electronic Co's current Equity-to-Asset is 0.49, which is 11% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Victory Motor Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co (TPE:2248) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.54, compared to a current price of NT$60.40 — trading 1.4% above its estimated fair value. The current Equity-to-Asset is 0.49, which is 11% below median its 10-year median of 0.55 and 2.1% above the Vehicles & Parts industry median of 0.48. Shining Victory Motor Electronic Co's overall GF Score™ is 83/100 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 Shining Victory Motor Electronic Co (TPE:2248), the current Equity-to-Asset is 0.49 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 Shining Victory Motor Electronic Co (TPE:2248) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Victory Motor Electronic Co stock appears to be overvalued. The current stock price of NT$60.40 is trading 1.4% above its estimated GF Value™ of NT$59.54. GuruFocus considers Shining Victory Motor Electronic Co to be Fairly Valued.

Key valuation signals for TPE:2248:

  • Equity-to-Asset: 0.49 (11% below median its 10-year median of 0.55)
  • GF Value™: NT$59.54 vs. price of NT$60.40 (1.4% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 2.1% above the Vehicles & Parts median (#636 of 1333)

No single metric tells the full story. See the TPE:2248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Victory Motor Electronic Co Business Description

Address The Grand Pavilion Commercial Centre, Oleander Way, 802 West Bay Road, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Shining Victory Motor Electronic Co Ltd is engaged in the manufacturing and sale of automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts. The Company is also involved in the production and sales of auto and motorcycle molds, design and manufacture of jigs, assembly of automotive electronic components, production of automotive electronics components, and sales of automobile electronic components. The company mainly operates in China, Thailand, Mexico, and the United States, with China deriving maximum revenue.
83GF Score

Get the complete analysis for TPE:2248

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

NT$60.40
Price
NT$59.54
GF Value