Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Sunny Friend Environmental Technology Co (TPE:8341) 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%.
Sunny Friend Environmental Technology Co Equity-to-Asset Related Terms
Sunny Friend Environmental Technology Co Equity-to-Asset Historical Data
* 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.
Sunny Friend Environmental Technology Co Equity-to-Asset Chart
Sunny Friend Environmental Technology Co Annual Data
TPE:8341 vs WM, RSG, WCN: Equity-to-Asset Comparison
For the Waste Management subindustry, Sunny Friend Environmental Technology 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.
Sunny Friend Environmental Technology Co Equity-to-Asset vs Waste Management Industry
Sunny Friend Environmental Technology 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.
* 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.
Sunny Friend Environmental Technology Co (TPE:8341) has a Equity-to-Asset of 0.52 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sunny Friend Environmental Technology Co and its competitors. This is near median its historical median of 0.48. Over the past decade, Sunny Friend Environmental Technology Co's Equity-to-Asset has ranged from 0.28 to 0.78. According to the industry distribution chart, Sunny Friend Environmental Technology Co ranks #98 out of 248 companies in the Waste Management industry, placing it in the top 39.5%.
Is Sunny Friend Environmental Technology Co's Equity-to-Asset too high?
Sunny Friend Environmental Technology Co's current Equity-to-Asset of 0.52 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.78. The Waste Management industry median Equity-to-Asset is 0.44. Sunny Friend Environmental Technology Co's value of 0.52 is 18.2% above this industry median. Based on the distribution chart, Sunny Friend Environmental Technology Co ranks #98 out of 248 companies in the Waste Management industry, which is above the industry midpoint. Overall, Sunny Friend Environmental Technology Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunny Friend Environmental Technology Co's Equity-to-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Sunny Friend Environmental Technology Co ranks #98 out of 248 companies for Equity-to-Asset. This puts Sunny Friend Environmental Technology Co in the upper half of its industry. The industry median Equity-to-Asset is 0.44. Sunny Friend Environmental Technology Co's value of 0.52 is 18.2% above this benchmark. Historically, Sunny Friend Environmental Technology Co's own Equity-to-Asset has ranged from 0.28 to 0.78 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.44, Sunny Friend Environmental Technology 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 Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.44, based on 248 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. Sunny Friend Environmental Technology Co's current Equity-to-Asset of 0.52 is 18.2% 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 Sunny Friend Environmental Technology Co and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunny Friend Environmental Technology Co's current Equity-to-Asset is 0.52, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunny Friend Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co (TPE:8341) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$99.82, compared to a current price of NT$75.10 — trading 24.8% below its estimated fair value. The current Equity-to-Asset is 0.52, which is near median its 10-year median of 0.48 and 18.2% above the Waste Management industry median of 0.44. Sunny Friend Environmental Technology Co's overall GF Score™ is 85/100 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 Sunny Friend Environmental Technology Co (TPE:8341), the current Equity-to-Asset is 0.52 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 Sunny Friend Environmental Technology Co (TPE:8341) Overvalued in 2026?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$75.10 is trading 24.8% below its estimated GF Value™ of NT$99.82.
GuruFocus considers Sunny Friend Environmental Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:8341:
Equity-to-Asset: 0.52 (near median its 10-year median of 0.48)
GF Value™: NT$99.82 vs. price of NT$75.10 (24.8% below fair value)
Industry Position: 18.2% above the Waste Management median (#98 of 248)
No single metric tells the full story. See the TPE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
85GF Score
Get the complete analysis for TPE:8341
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:8341 has been successfully added to your 
