Lian Hwa Foods (TPE:1231) Return-on-Tangible-Asset: 7.84% (As of Mar. 2026) — Near Median

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TPE:1231 Lian Hwa Foods Corp TPE:1231
90 GF Score
Price NT$80.00
GF Value NT$92.71
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Lian Hwa Foods Return-on-Tangible-Asset?

Lian Hwa Foods TPE:1231 -0.50% 90 Return-on-Tangible-Asset is 7.84% as of Mar. 2026, which is 4% below its 10-year median of 8.15. GuruFocus rates TPE:1231 with a GF Score™ of 90/100 and a GF Value™ of NT$92.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Lian Hwa Foods ranks better than 77.66% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Lian Hwa Foods's annualized Net Income for the quarter that ended in Mar. 2026 was NT$1,191 Mil. Lian Hwa Foods's average total tangible assets for the quarter that ended in Mar. 2026 was NT$15,194 Mil. Therefore, Lian Hwa Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.84%.

The historical rank and industry rank for Lian Hwa Foods's Return-on-Tangible-Asset or its related term are showing as below:

TPE:1231' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.32   Med: 8.15   Max: 9.03
Current: 8.88

During the past 13 years, Lian Hwa Foods's highest Return-on-Tangible-Asset was 9.03%. The lowest was 6.32%. And the median was 8.15%.

TPE:1231's Return-on-Tangible-Asset is ranked better than
77.66% of 1996 companies
in the Consumer Packaged Goods industry
Industry Median: 3.5 vs TPE:1231: 8.88

Lian Hwa Foods  (TPE:1231) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Lian Hwa Foods Return-on-Tangible-Asset Related Terms


Lian Hwa Foods Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Lian Hwa Foods's Return-on-Tangible-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.

Lian Hwa Foods Return-on-Tangible-Asset Chart

Lian Hwa Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 8.84 8.25 8.42 7.80

Lian Hwa Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-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 3.46 6.37 8.66 12.69 7.84

TPE:1231 vs KHC, GIS: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Lian Hwa Foods's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


Lian Hwa Foods Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lian Hwa Foods's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lian Hwa Foods's Return-on-Tangible-Asset falls into.


TPE:1231
90GF Score
Lian Hwa Foods Corp TPE:1231
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lian Hwa Foods Return-on-Tangible-Asset Calculation

Lian Hwa Foods's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1138.52/( (14217.052+14958.137)/ 2 )
=1138.52/14587.5945
=7.80 %

Lian Hwa Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1191.068/( (14958.137+15429.373)/ 2 )
=1191.068/15193.755
=7.84 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 7.84% mean?
Lian Hwa Foods (TPE:1231) has a Return-on-Tangible-Asset of 7.84% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lian Hwa Foods and its competitors. This is near median its historical median of 8.15. Over the past decade, Lian Hwa Foods' Return-on-Tangible-Asset has ranged from 6.32 to 9.03. According to the industry distribution chart, Lian Hwa Foods ranks #446 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 22.3%.
Is Lian Hwa Foods' Return-on-Tangible-Asset too high?
Lian Hwa Foods' current Return-on-Tangible-Asset of 7.84% is near median its 10-year median of 8.15. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 9.03. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Lian Hwa Foods' value of 7.84% is 124% above this industry median. Based on the distribution chart, Lian Hwa Foods ranks #446 out of 1996 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Lian Hwa Foods has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lian Hwa Foods' Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lian Hwa Foods ranks #446 out of 1996 companies for Return-on-Tangible-Asset. This places Lian Hwa Foods in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. Lian Hwa Foods' value of 7.84% is 124% above this benchmark. Historically, Lian Hwa Foods' own Return-on-Tangible-Asset has ranged from 6.32 to 9.03 over the past decade. While the company's 10-year median is 8.15 vs. the industry median of 3.50, Lian Hwa Foods 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 Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.50, based on 1,996 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lian Hwa Foods's current Return-on-Tangible-Asset of 7.84% is 124% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lian Hwa Foods and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lian Hwa Foods's current Return-on-Tangible-Asset is 7.84%, which is near median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lian Hwa Foods stock overvalued right now?
Based on GuruFocus' analysis, Lian Hwa Foods (TPE:1231) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$92.71, compared to a current price of NT$80.00 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Asset is 7.84%, which is near median its 10-year median of 8.15 and 124% above the Consumer Packaged Goods industry median of 3.50. Lian Hwa Foods' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Lian Hwa Foods (TPE:1231), the current Return-on-Tangible-Asset is 7.84% as of Mar. 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 Lian Hwa Foods (TPE:1231) Overvalued in 2026?

Based on GuruFocus' analysis, Lian Hwa Foods stock appears to be undervalued. The current stock price of NT$80.00 is trading 13.7% below its estimated GF Value™ of NT$92.71. GuruFocus considers Lian Hwa Foods to be Modestly Undervalued.

Key valuation signals for TPE:1231:

  • Return-on-Tangible-Asset: 7.84% (near median its 10-year median of 8.15)
  • GF Value™: NT$92.71 vs. price of NT$80.00 (13.7% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 124% above the Consumer Packaged Goods median (#446 of 1996)

No single metric tells the full story. See the TPE:1231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lian Hwa Foods Business Description

Address No. 148, Dihua Street, Section 1, Datong District, Taipei, TWN
Lian Hwa Foods Corp is engaged in the manufacturing, processing, trading, and wholesale and retail of seaweed, squid, pasta, rice bran, beans, nuts, melon seeds, jams, beverages, sugar, candy, biscuits, peanut butter and other products or processed products, and various sea and land products, frozen processed foods and canned foods. It operates in two divisions: Snack Food Division and RTE (Ready-to-Eat) Foods Division. The RTE (Ready-to-Eat) Foods Division derives majority of the revenue from Taiwan. Its brands include KOLOKO Crispy Pea Snacks, VIVA Nuts, CADINA Snacks, Moto-Moto-Yama Seaweed, Chef Hoka Instant Pasta, and Lucky Star Snacks.
90GF Score

Get the complete analysis for TPE:1231

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

NT$80.00
Price
NT$92.71
GF Value