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Shinkong Synthetic FiberTPE:1409 -0.98%54 Return-on-Tangible-Asset is 0.65% as of Dec. 2025, which is 38% below its 10-year median of 1.04. GuruFocus rates TPE:1409 with a GF Score™ of 54/100 and a GF Value™ of NT$14.29 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Shinkong Synthetic Fiber ranks worse than 59.68% 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. Shinkong Synthetic Fiber's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$1,449 Mil. Shinkong Synthetic Fiber's average total tangible assets for the quarter that ended in Dec. 2025 was NT$221,936 Mil. Therefore, Shinkong Synthetic Fiber's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.65%.
The historical rank and industry rank for Shinkong Synthetic Fiber's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1409'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.41 Med: 1.04 Max: 2.11
Current: 0.89
During the past 13 years, Shinkong Synthetic Fiber's highest Return-on-Tangible-Asset was 2.11%. The lowest was 0.41%. And the median was 1.04%.
TPE:1409's Return-on-Tangible-Asset is ranked worse than 59.68% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2
vs TPE:1409: 0.89
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 companys 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 companys 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.
Shinkong Synthetic Fiber Return-on-Tangible-Asset Related Terms
Shinkong Synthetic Fiber Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shinkong Synthetic Fiber'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.
For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.
Shinkong Synthetic Fiber Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shinkong Synthetic Fiber's Return-on-Tangible-Asset falls into.
* 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.65% mean?
Shinkong Synthetic Fiber (TPE:1409) has a Return-on-Tangible-Asset of 0.65% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shinkong Synthetic Fiber and its competitors. This is 38% below median its historical median of 1.04. Over the past decade, Shinkong Synthetic Fiber's Return-on-Tangible-Asset has ranged from 0.41 to 2.11. According to the industry distribution chart, Shinkong Synthetic Fiber ranks #638 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.7%.
Is Shinkong Synthetic Fiber's Return-on-Tangible-Asset too high?
Shinkong Synthetic Fiber's current Return-on-Tangible-Asset of 0.65% is 38% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.11. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Shinkong Synthetic Fiber's value of 0.65% is 67.5% below this industry median. Based on the distribution chart, Shinkong Synthetic Fiber ranks #638 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shinkong Synthetic Fiber has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Synthetic Fiber's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shinkong Synthetic Fiber ranks #638 out of 1069 companies for Return-on-Tangible-Asset. This places Shinkong Synthetic Fiber in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Shinkong Synthetic Fiber's value of 0.65% is 67.5% below this benchmark. Historically, Shinkong Synthetic Fiber's own Return-on-Tangible-Asset has ranged from 0.41 to 2.11 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 2.00, Shinkong Synthetic Fiber 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 2.00, 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. Shinkong Synthetic Fiber's current Return-on-Tangible-Asset of 0.65% is 67.5% 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 Shinkong Synthetic Fiber 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. Shinkong Synthetic Fiber's current Return-on-Tangible-Asset is 0.65%, which is 38% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Synthetic Fiber stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Synthetic Fiber (TPE:1409) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.29, compared to a current price of NT$20.20 — trading 41.4% above its estimated fair value. The current Return-on-Tangible-Asset is 0.65%, which is 38% below median its 10-year median of 1.04 and 67.5% below the Manufacturing - Apparel & Accessories industry median of 2.00. Shinkong Synthetic Fiber's overall GF Score™ is 54/100 with 8 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 Shinkong Synthetic Fiber (TPE:1409), the current Return-on-Tangible-Asset is 0.65% 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 Shinkong Synthetic Fiber (TPE:1409) Overvalued in 2026?
Based on GuruFocus' analysis, Shinkong Synthetic Fiber stock appears to be overvalued.
The current stock price of NT$20.20 is trading 41.4% above its estimated GF Value™ of NT$14.29.
GuruFocus considers Shinkong Synthetic Fiber to be Significantly Overvalued.
Key valuation signals for TPE:1409:
Return-on-Tangible-Asset: 0.65% (38% below median its 10-year median of 1.04)
GF Value™: NT$14.29 vs. price of NT$20.20 (41.4% above fair value)
Industry Position: 67.5% below the Manufacturing - Apparel & Accessories median (#638 of 1069)
No single metric tells the full story. See the TPE:1409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinkong Synthetic Fiber Corp manufactures and sells polyester polymers, polyester staple fibers, polyester textured yarns, polyester chips, pre-oriented yarns, polyester flat yarns, polyethylene terephthalate (PET) resins used in PET bottles and polyester base films. The company's PET fiber products can mainly be categorized into industrial yarn, partially oriented yarn (POY), Spin draw yarn (SDY), polyester staple fiber (PSF), and draw textured yarn (DTY). Its plastic products include polyester resin, bottle grade polyester resin , PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. Its segments include Polyester, Finance and Securities, and Optronics of which the Polyester segment derives the majority of the revenue.
54GF Score
Get the complete analysis for TPE:1409
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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