Nankang Rubber Tire (TPE:2101) Property, Plant and Equipment: NT$6,845 Mil (As of Dec. 2025)

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TPE:2101 Nankang Rubber Tire Corp Ltd TPE:2101
63 GF Score
Price NT$34.00
GF Value NT$44.75
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Nankang Rubber Tire Property, Plant and Equipment?

Nankang Rubber Tire TPE:2101 -1.59% 63 Property, Plant and Equipment is NT$6,845 Mil as of Dec. 2025. GuruFocus rates TPE:2101 with a GF Score™ of 63/100 and a GF Value™ of NT$44.75 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Nankang Rubber Tire's quarterly net PPE increased from Jun. 2025 (NT$6,876 Mil) to Sep. 2025 (NT$6,973 Mil) but then declined from Sep. 2025 (NT$6,973 Mil) to Dec. 2025 (NT$6,845 Mil).

Nankang Rubber Tire's annual net PPE declined from Dec. 2023 (NT$7,604 Mil) to Dec. 2024 (NT$7,273 Mil) and declined from Dec. 2024 (NT$7,273 Mil) to Dec. 2025 (NT$6,845 Mil).


Nankang Rubber Tire  (TPE:2101) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Nankang Rubber Tire Property, Plant and Equipment Related Terms


Nankang Rubber Tire Property, Plant and Equipment Historical Data

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The historical data trend for Nankang Rubber Tire's Property, Plant and Equipment 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.

Nankang Rubber Tire Property, Plant and Equipment Chart

Nankang Rubber Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,565.54 8,137.47 7,603.81 7,273.02 6,845.17

Nankang Rubber Tire Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Property, Plant and Equipment 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 7,273.02 7,214.62 6,876.07 6,973.39 6,845.17
TPE:2101
63GF Score
Nankang Rubber Tire Corp Ltd TPE:2101
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Nankang Rubber Tire Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of NT$6,845 Mil mean?
Nankang Rubber Tire (TPE:2101) has a Property, Plant and Equipment of NT$6,845 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Nankang Rubber Tire and its competitors.
Is Nankang Rubber Tire's Property, Plant and Equipment too high?
Nankang Rubber Tire's current Property, Plant and Equipment is NT$6,845 Mil. Overall, Nankang Rubber Tire has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's Property, Plant and Equipment compare to ORLY and AZO?
Nankang Rubber Tire's Property, Plant and Equipment of NT$6,845 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Vehicles & Parts company?
A good Property, Plant and Equipment depends on the Vehicles & Parts industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Nankang Rubber Tire and its competitors. Nankang Rubber Tire's current Property, Plant and Equipment is NT$6,845 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.75, compared to a current price of NT$34.00 — trading 24% below its estimated fair value. The current Property, Plant and Equipment is NT$6,845 Mil. Nankang Rubber Tire's overall GF Score™ is 63/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Nankang Rubber Tire (TPE:2101), the current Property, Plant and Equipment is NT$6,845 Mil as of Dec. 2025. 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?

Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued. The current stock price of NT$34.00 is trading 24% below its estimated GF Value™ of NT$44.75. GuruFocus considers Nankang Rubber Tire to be Modestly Undervalued.

Key valuation signals for TPE:2101:

  • Property, Plant and Equipment: NT$6,845 Mil
  • GF Value™: NT$44.75 vs. price of NT$34.00 (24% below fair value)
  • GF Score™: 63/100 with 9 warning signs

No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nankang Rubber Tire Business Description

Address Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
63GF Score

Get the complete analysis for TPE:2101

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$34.00
Price
NT$44.75
GF Value