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Great Taipei GasTPE:9908 +0.17%88 Equity-to-Asset is 0.71 as of Jun. 2026, which is 9% above its 10-year median of 0.65. GuruFocus rates TPE:9908 with a GF Score™ of 88/100 and a GF Value™ of NT$30.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 511 Utilities - Regulated companies, Great Taipei Gas ranks better than 84.74% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great Taipei Gas's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$14,874 Mil. Great Taipei Gas's Total Assets for the quarter that ended in Jun. 2026 was NT$23,130 Mil.
Therefore, Great Taipei Gas's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.71.
The historical rank and industry rank for Great Taipei Gas's Equity-to-Asset or its related term are showing as below:
TPE:9908'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.65 Max: 0.67
Current: 0.64
During the past 13 years, the highest Equity to Asset Ratio of Great Taipei Gas was 0.67. The lowest was 0.62. And the median was 0.65.
TPE:9908's Equity-to-Asset is ranked better than 84.74% of 511
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs TPE:9908: 0.64
Great Taipei Gas (TPE:9908) 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%.
Great Taipei Gas Equity-to-Asset Related Terms
Great Taipei Gas Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Great Taipei 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.
TPE:9908 vs ATO, NI, UGI: Equity-to-Asset Comparison
For the Utilities - Regulated Gas subindustry, Great Taipei 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.
Great Taipei Gas Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Great Taipei 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.
Great Taipei 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.
Great Taipei Gas (TPE:9908) has a Equity-to-Asset of 0.71 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Great Taipei Gas and its competitors. This is near median its historical median of 0.65. Over the past decade, Great Taipei Gas' Equity-to-Asset has ranged from 0.62 to 0.67. According to the industry distribution chart, Great Taipei Gas ranks #78 out of 511 companies in the Utilities - Regulated industry, placing it in the top 15.3%.
Is Great Taipei Gas' Equity-to-Asset too high?
Great Taipei Gas' current Equity-to-Asset of 0.71 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.67. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Great Taipei Gas' value of 0.71 is 97.2% above this industry median. Based on the distribution chart, Great Taipei Gas ranks #78 out of 511 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Great Taipei Gas has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' Equity-to-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Great Taipei Gas ranks #78 out of 511 companies for Equity-to-Asset. This places Great Taipei Gas in the top 15% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.36. Great Taipei Gas' value of 0.71 is 97.2% above this benchmark. Historically, Great Taipei Gas' own Equity-to-Asset has ranged from 0.62 to 0.67 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.36, Great Taipei 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 511 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. Great Taipei Gas's current Equity-to-Asset of 0.71 is 97.2% 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 Great Taipei 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. Great Taipei Gas's current Equity-to-Asset is 0.71, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.47, compared to a current price of NT$29.00 — trading 4.8% below its estimated fair value. The current Equity-to-Asset is 0.71, which is near median its 10-year median of 0.65 and 97.2% above the Utilities - Regulated industry median of 0.36. Great Taipei Gas' overall GF Score™ is 88/100 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 Great Taipei Gas (TPE:9908), the current Equity-to-Asset is 0.71 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?
Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued.
The current stock price of NT$29.00 is trading 4.8% below its estimated GF Value™ of NT$30.47.
GuruFocus considers Great Taipei Gas to be Fairly Valued.
Key valuation signals for TPE:9908:
Equity-to-Asset: 0.71 (near median its 10-year median of 0.65)
GF Value™: NT$30.47 vs. price of NT$29.00 (4.8% below fair value)
Industry Position: 97.2% above the Utilities - Regulated median (#78 of 511)
No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
88GF Score
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