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HD Renewable Energy CoTPE:6873 +1.01%73 Equity-to-Asset is 0.34 as of Jun. 2026, which is 26% below its 10-year median of 0.46. GuruFocus rates TPE:6873 with a GF Score™ of 73/100 and a GF Value™ of NT$128.02 (Possible Value Trap). The stock has 12 warning signs investors should review. Among 1,796 Construction companies, HD Renewable Energy Co ranks worse than 74.78% on this metric.
HD Renewable Energy Co (TPE:6873) 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%.
HD Renewable Energy Co Equity-to-Asset Related Terms
HD Renewable Energy Co Equity-to-Asset Historical Data
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The historical data trend for HD Renewable Energy 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.
TPE:6873 vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, HD Renewable Energy 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.
HD Renewable Energy Co Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, HD Renewable Energy Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where HD Renewable Energy Co's Equity-to-Asset falls into.
HD Renewable Energy 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.
HD Renewable Energy Co'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.
HD Renewable Energy Co (TPE:6873) has a Equity-to-Asset of 0.34 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on HD Renewable Energy Co and its competitors. This is 26% below median its historical median of 0.46. Over the past decade, HD Renewable Energy Co's Equity-to-Asset has ranged from 0.29 to 0.65. According to the industry distribution chart, HD Renewable Energy Co ranks #1343 out of 1796 companies in the Construction industry, placing it in the top 74.8%.
Is HD Renewable Energy Co's Equity-to-Asset too high?
HD Renewable Energy Co's current Equity-to-Asset of 0.34 is 26% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.65. The Construction industry median Equity-to-Asset is 0.45. HD Renewable Energy Co's value of 0.34 is 24.4% below this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #1343 out of 1796 companies in the Construction industry, which is below the industry midpoint. Overall, HD Renewable Energy Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #1343 out of 1796 companies for Equity-to-Asset. This places HD Renewable Energy Co in the lower half of its industry. The industry median Equity-to-Asset is 0.45. HD Renewable Energy Co's value of 0.34 is 24.4% below this benchmark. Historically, HD Renewable Energy Co's own Equity-to-Asset has ranged from 0.29 to 0.65 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.45, HD Renewable Energy 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 Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,796 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. HD Renewable Energy Co's current Equity-to-Asset of 0.34 is 24.4% 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 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 HD Renewable Energy Co and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current Equity-to-Asset is 0.34, which is 26% below 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 HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$128.02, compared to a current price of NT$70.10 — trading 45.2% below its estimated fair value. The current Equity-to-Asset is 0.34, which is 26% below median its 10-year median of 0.46 and 24.4% below the Construction industry median of 0.45. HD Renewable Energy Co's overall GF Score™ is 73/100 with 12 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 HD Renewable Energy Co (TPE:6873), the current Equity-to-Asset is 0.34 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?
Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued.
The current stock price of NT$70.10 is trading 45.2% below its estimated GF Value™ of NT$128.02.
GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.
Key valuation signals for TPE:6873:
Equity-to-Asset: 0.34 (26% below median its 10-year median of 0.46)
GF Value™: NT$128.02 vs. price of NT$70.10 (45.2% below fair value)
Industry Position: 24.4% below the Construction median (#1343 of 1796)
No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
73GF Score
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