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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. Hung Chou Fiber Ind Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-68 Mil. Hung Chou Fiber Ind Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,668 Mil. Therefore, Hung Chou Fiber Ind Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.54%.
The historical rank and industry rank for Hung Chou Fiber Ind Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1413'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.9 Med: 2.48 Max: 10.37
Current: 2.21
During the past 13 years, Hung Chou Fiber Ind Co's highest Return-on-Tangible-Asset was 10.37%. The lowest was -5.90%. And the median was 2.48%.
TPE:1413's Return-on-Tangible-Asset is ranked better than 50.94% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.025
vs TPE:1413: 2.21
Hung Chou Fiber Ind Co (TPE:1413) 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 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.
Hung Chou Fiber Ind Co Return-on-Tangible-Asset Related Terms
Hung Chou Fiber Ind Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hung Chou Fiber Ind 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.
Hung Chou Fiber Ind Co Return-on-Tangible-Asset Chart
Hung Chou Fiber Ind Co Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Hung Chou Fiber Ind 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.
Hung Chou Fiber Ind Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hung Chou Fiber Ind Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hung Chou Fiber Ind Co'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -2.54% mean?
Hung Chou Fiber Ind Co (TPE:1413) has a Return-on-Tangible-Asset of -2.54% 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 Hung Chou Fiber Ind Co and its competitors. According to the industry distribution chart, Hung Chou Fiber Ind Co ranks #522 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.1%.
Is Hung Chou Fiber Ind Co's Return-on-Tangible-Asset too high?
Hung Chou Fiber Ind Co's current Return-on-Tangible-Asset is -2.54%. Based on the distribution chart, Hung Chou Fiber Ind Co ranks #522 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Hung Chou Fiber Ind Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hung Chou Fiber Ind Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hung Chou Fiber Ind Co ranks #522 out of 1064 companies for Return-on-Tangible-Asset. This puts Hung Chou Fiber Ind Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.03. 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 2.03, based on 1,064 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. 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 Hung Chou Fiber Ind Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hung Chou Fiber Ind Co's current Return-on-Tangible-Asset is -2.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hung Chou Fiber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hung Chou Fiber Ind Co (TPE:1413) is currently considered Fairly Valued. The stock's GF Value™ is NT$8.51, compared to a current price of NT$9.27 — trading 8.9% above its estimated fair value. The current Return-on-Tangible-Asset is -2.54%. Hung Chou Fiber Ind Co's overall GF Score™ is 65/100 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 Hung Chou Fiber Ind Co (TPE:1413), the current Return-on-Tangible-Asset is -2.54% 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 Hung Chou Fiber Ind Co (TPE:1413) Overvalued in 2026?
Based on GuruFocus' analysis, Hung Chou Fiber Ind Co stock appears to be overvalued.
The current stock price of NT$9.27 is trading 8.9% above its estimated GF Value™ of NT$8.51.
GuruFocus considers Hung Chou Fiber Ind Co to be Fairly Valued.
Key valuation signals for TPE:1413:
Return-on-Tangible-Asset: -2.54%
GF Value™: NT$8.51 vs. price of NT$9.27 (8.9% above fair value)
No single metric tells the full story. See the TPE:1413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hung Chou Fiber Ind Co Ltd is a Taiwan-based polyester filament manufacturer. The company manufactures polyester chips, yarn, and finished fabrics. The products of the company are polyester filament, polyester chips, yarn, and others. It is mainly involved in the production and trading of polyester fibers and operates in a single segment. Geographically, a majority of its revenue is derived from Taiwan, while it also has its presence in other countries.
65GF Score
Get the complete analysis for TPE:1413
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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