Tah hsin Industrial (TPE:1315) Return-on-Tangible-Asset: 0.50% (As of Mar. 2026) — 82% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:1315 Tah hsin Industrial Corp TPE:1315
76 GF Score
Price NT$63.50
GF Value NT$63.19
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tah hsin Industrial Return-on-Tangible-Asset?

Tah hsin Industrial TPE:1315 +0.16% 76 Return-on-Tangible-Asset is 0.50% as of Mar. 2026, which is 82% below its 10-year median of 2.71. GuruFocus rates TPE:1315 with a GF Score™ of 76/100 and a GF Value™ of NT$63.19 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Tah hsin Industrial ranks worse than 54.83% 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. Tah hsin Industrial's annualized Net Income for the quarter that ended in Mar. 2026 was NT$56 Mil. Tah hsin Industrial's average total tangible assets for the quarter that ended in Mar. 2026 was NT$11,064 Mil. Therefore, Tah hsin Industrial's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.50%.

The historical rank and industry rank for Tah hsin Industrial's Return-on-Tangible-Asset or its related term are showing as below:

TPE:1315' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.04   Med: 2.71   Max: 47.23
Current: 1.41

During the past 13 years, Tah hsin Industrial's highest Return-on-Tangible-Asset was 47.23%. The lowest was 0.04%. And the median was 2.71%.

TPE:1315's Return-on-Tangible-Asset is ranked worse than
54.83% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.02 vs TPE:1315: 1.41

Tah hsin Industrial  (TPE:1315) 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.


Tah hsin Industrial Return-on-Tangible-Asset Related Terms


Tah hsin Industrial Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tah hsin Industrial'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.

Tah hsin Industrial Return-on-Tangible-Asset Chart

Tah hsin Industrial 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 0.04 5.83 3.05 1.91 1.40

Tah hsin Industrial 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 0.58 -2.29 5.52 2.05 0.50

TPE:1315 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Tah hsin Industrial'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.


Tah hsin Industrial Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah hsin Industrial's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tah hsin Industrial's Return-on-Tangible-Asset falls into.


TPE:1315
76GF Score
Tah hsin Industrial Corp TPE:1315
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tah hsin Industrial Return-on-Tangible-Asset Calculation

Tah hsin Industrial'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 )
=147.732/( (10238.655+10812.982)/ 2 )
=147.732/10525.8185
=1.40 %

Tah hsin Industrial'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 )
=55.748/( (10812.982+11315.299)/ 2 )
=55.748/11064.1405
=0.50 %

* 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 0.50% mean?
Tah hsin Industrial (TPE:1315) has a Return-on-Tangible-Asset of 0.50% 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 Tah hsin Industrial and its competitors. This is 82% below median its historical median of 2.71. Over the past decade, Tah hsin Industrial's Return-on-Tangible-Asset has ranged from 0.04 to 47.23. According to the industry distribution chart, Tah hsin Industrial ranks #585 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.8%.
Is Tah hsin Industrial's Return-on-Tangible-Asset too high?
Tah hsin Industrial's current Return-on-Tangible-Asset of 0.50% is 82% below median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 47.23. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.02. Tah hsin Industrial's value of 0.50% is 75.2% below this industry median. Based on the distribution chart, Tah hsin Industrial ranks #585 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tah hsin Industrial has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tah hsin Industrial's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tah hsin Industrial ranks #585 out of 1067 companies for Return-on-Tangible-Asset. This places Tah hsin Industrial in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. Tah hsin Industrial's value of 0.50% is 75.2% below this benchmark. Historically, Tah hsin Industrial's own Return-on-Tangible-Asset has ranged from 0.04 to 47.23 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 2.02, Tah hsin Industrial 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 Return-on-Tangible-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.02, based on 1,067 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. Tah hsin Industrial's current Return-on-Tangible-Asset of 0.50% is 75.2% 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 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 Tah hsin Industrial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tah hsin Industrial's current Return-on-Tangible-Asset is 0.50%, which is 82% below median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tah hsin Industrial stock overvalued right now?
Based on GuruFocus' analysis, Tah hsin Industrial (TPE:1315) is currently considered Fairly Valued. The stock's GF Value™ is NT$63.19, compared to a current price of NT$63.50 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Asset is 0.50%, which is 82% below median its 10-year median of 2.71 and 75.2% below the Manufacturing - Apparel & Accessories industry median of 2.02. Tah hsin Industrial's overall GF Score™ is 76/100 with 5 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 Tah hsin Industrial (TPE:1315), the current Return-on-Tangible-Asset is 0.50% 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 Tah hsin Industrial (TPE:1315) Overvalued in 2026?

Based on GuruFocus' analysis, Tah hsin Industrial stock appears to be overvalued. The current stock price of NT$63.50 is trading 0.5% above its estimated GF Value™ of NT$63.19. GuruFocus considers Tah hsin Industrial to be Fairly Valued.

Key valuation signals for TPE:1315:

  • Return-on-Tangible-Asset: 0.50% (82% below median its 10-year median of 2.71)
  • GF Value™: NT$63.19 vs. price of NT$63.50 (0.5% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 75.2% below the Manufacturing - Apparel & Accessories median (#585 of 1067)

No single metric tells the full story. See the TPE:1315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tah hsin Industrial Business Description

Address No. 51, 35th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Tah hsin Industrial Corp is engaged in the manufacturing and trading of a variety of plastic raincoats, nylon raincoats, overalls, wardrobes, nylon jackets, PP corrugated boards, TC ready-to-wear garments, leather goods, handbags, file folders, plastic film, carrier bags, laminating machines, and others. Its segments includes Raincoat, Garment, Binding machine, PP corrugated board, and Others.
76GF Score

Get the complete analysis for TPE:1315

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

NT$63.50
Price
NT$63.19
GF Value