Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) Return-on-Tangible-Asset: 15.47% (As of Mar. 2026) — 25% Above Median

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TPE:1341 Fulin Plastic Industry (Cayman) Holding Co TPE:1341
86 GF Score
Price NT$58.00
GF Value NT$61.01
Valuation Fairly Valued
! 3 Warning Signs
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What is Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset?

Fulin Plastic Industry (Cayman) Holding Co TPE:1341 -0.68% 86 Return-on-Tangible-Asset is 15.47% as of Mar. 2026, which is 25% above its 10-year median of 12.35. GuruFocus rates TPE:1341 with a GF Score™ of 86/100 and a GF Value™ of NT$61.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Fulin Plastic Industry (Cayman) Holding Co ranks better than 86.9% 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. Fulin Plastic Industry (Cayman) Holding Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$343 Mil. Fulin Plastic Industry (Cayman) Holding Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,218 Mil. Therefore, Fulin Plastic Industry (Cayman) Holding Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.47%.

The historical rank and industry rank for Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Asset or its related term are showing as below:

TPE:1341' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.04   Med: 12.35   Max: 30.57
Current: 9.91

During the past 11 years, Fulin Plastic Industry (Cayman) Holding Co's highest Return-on-Tangible-Asset was 30.57%. The lowest was 8.04%. And the median was 12.35%.

TPE:1341's Return-on-Tangible-Asset is ranked better than
86.9% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2 vs TPE:1341: 9.91

Fulin Plastic Industry (Cayman) Holding Co  (TPE:1341) 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.


Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset Related Terms


Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fulin Plastic Industry (Cayman) Holding Co'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.

Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset Chart

Fulin Plastic Industry (Cayman) Holding Co 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 13.28 12.47 10.11 12.23 8.24

Fulin Plastic Industry (Cayman) Holding Co 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 10.58 2.66 8.49 13.75 15.47

Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset Competitor Comparison

For the Textile Manufacturing subindustry, Fulin Plastic Industry (Cayman) Holding Co'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.


Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Asset falls into.


TPE:1341
86GF Score
Fulin Plastic Industry (Cayman) Holding Co TPE:1341
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Asset Calculation

Fulin Plastic Industry (Cayman) Holding Co'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 )
=196.043/( (2519.66+2239.367)/ 2 )
=196.043/2379.5135
=8.24 %

Fulin Plastic Industry (Cayman) Holding Co'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 )
=343.1/( (2239.367+2196.06)/ 2 )
=343.1/2217.7135
=15.47 %

* 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 15.47% mean?
Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) has a Return-on-Tangible-Asset of 15.47% 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 Fulin Plastic Industry (Cayman) Holding Co and its competitors. This is 25% above median its historical median of 12.35. Over the past decade, Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Asset has ranged from 8.04 to 30.57. According to the industry distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #140 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.1%.
Is Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Asset too high?
Fulin Plastic Industry (Cayman) Holding Co's current Return-on-Tangible-Asset of 15.47% is 25% above median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 30.57. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Fulin Plastic Industry (Cayman) Holding Co's value of 15.47% is 673.5% above this industry median. Based on the distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #140 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Fulin Plastic Industry (Cayman) Holding Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #140 out of 1069 companies for Return-on-Tangible-Asset. This places Fulin Plastic Industry (Cayman) Holding Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.00. Fulin Plastic Industry (Cayman) Holding Co's value of 15.47% is 673.5% above this benchmark. Historically, Fulin Plastic Industry (Cayman) Holding Co's own Return-on-Tangible-Asset has ranged from 8.04 to 30.57 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 2.00, Fulin Plastic Industry (Cayman) Holding 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 Return-on-Tangible-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,069 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. Fulin Plastic Industry (Cayman) Holding Co's current Return-on-Tangible-Asset of 15.47% is 673.5% 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 Fulin Plastic Industry (Cayman) Holding Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulin Plastic Industry (Cayman) Holding Co's current Return-on-Tangible-Asset is 15.47%, which is 25% above median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulin Plastic Industry (Cayman) Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) is currently considered Fairly Valued. The stock's GF Value™ is NT$61.01, compared to a current price of NT$58.00 — trading 4.9% below its estimated fair value. The current Return-on-Tangible-Asset is 15.47%, which is 25% above median its 10-year median of 12.35 and 673.5% above the Manufacturing - Apparel & Accessories industry median of 2.00. Fulin Plastic Industry (Cayman) Holding Co's overall GF Score™ is 86/100 with 3 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 Fulin Plastic Industry (Cayman) Holding Co (TPE:1341), the current Return-on-Tangible-Asset is 15.47% 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 Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) Overvalued in 2026?

Based on GuruFocus' analysis, Fulin Plastic Industry (Cayman) Holding Co stock appears to be undervalued. The current stock price of NT$58.00 is trading 4.9% below its estimated GF Value™ of NT$61.01. GuruFocus considers Fulin Plastic Industry (Cayman) Holding Co to be Fairly Valued.

Key valuation signals for TPE:1341:

  • Return-on-Tangible-Asset: 15.47% (25% above median its 10-year median of 12.35)
  • GF Value™: NT$61.01 vs. price of NT$58.00 (4.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 673.5% above the Manufacturing - Apparel & Accessories median (#140 of 1069)

No single metric tells the full story. See the TPE:1341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulin Plastic Industry (Cayman) Holding Co Business Description

Address 802 West Bay Road, Oleander Way, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Fulin Plastic Industry (Cayman) Holding Co is engaged in the international trading business. The company specializes in manufacturing and selling various PVC and PU artificial leathers to domestic and international markets. Its offerings include latex leather, rubber leather, soft leather, and PU leather, which can be processed into furniture, handbags, shoes, sports equipment, clothing, raincoats, tapes, stationery, advertising, etc. It has two segments: Fulin Plastic Industry Company (Fulin Plastic) engages in the production and sales of latex leathers, tapes and soft leathers. Other segments. Key revenue is generated from the Fulin Plastic segment.
86GF Score

Get the complete analysis for TPE:1341

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

NT$58.00
Price
NT$61.01
GF Value