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Zig Sheng Industrial CoTPE:1455 +0.61%60 Return-on-Tangible-Asset is 21.13% as of Jun. 2026. GuruFocus rates TPE:1455 with a GF Score™ of 60/100 and a GF Value™ of NT$6.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,074 Manufacturing - Apparel & Accessories companies, Zig Sheng Industrial Co ranks better than 54.93% 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. Zig Sheng Industrial Co's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$2,047 Mil. Zig Sheng Industrial Co's average total tangible assets for the quarter that ended in Jun. 2026 was NT$0 Mil. Therefore, Zig Sheng Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.13%.
The historical rank and industry rank for Zig Sheng Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1455'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.19 Med: -0.19 Max: 9.34
Current: 2.95
During the past 13 years, Zig Sheng Industrial Co's highest Return-on-Tangible-Asset was 9.34%. The lowest was -5.19%. And the median was -0.19%.
TPE:1455's Return-on-Tangible-Asset is ranked better than 54.93% of 1074
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.34
vs TPE:1455: 2.95
Zig Sheng Industrial Co (TPE:1455) 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.
Zig Sheng Industrial Co Return-on-Tangible-Asset Related Terms
Zig Sheng Industrial Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Zig Sheng Industrial 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.
Zig Sheng Industrial Co Return-on-Tangible-Asset Chart
Zig Sheng Industrial Co Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Zig Sheng Industrial 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.
Zig Sheng Industrial Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zig Sheng Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zig Sheng Industrial 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 21.13% mean?
Zig Sheng Industrial Co (TPE:1455) has a Return-on-Tangible-Asset of 21.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Zig Sheng Industrial Co and its competitors. According to the industry distribution chart, Zig Sheng Industrial Co ranks #484 out of 1074 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.1%.
Is Zig Sheng Industrial Co's Return-on-Tangible-Asset too high?
Zig Sheng Industrial Co's current Return-on-Tangible-Asset is 21.13%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.34. Zig Sheng Industrial Co's value of 21.13% is 803% above this industry median. Based on the distribution chart, Zig Sheng Industrial Co ranks #484 out of 1074 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zig Sheng Industrial Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zig Sheng Industrial Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zig Sheng Industrial Co ranks #484 out of 1074 companies for Return-on-Tangible-Asset. This puts Zig Sheng Industrial Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.34. Zig Sheng Industrial Co's value of 21.13% is 803% above this benchmark. 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 2.34, based on 1,074 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. Zig Sheng Industrial Co's current Return-on-Tangible-Asset of 21.13% is 803% 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 Zig Sheng Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zig Sheng Industrial Co's current Return-on-Tangible-Asset is 21.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zig Sheng Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Zig Sheng Industrial Co (TPE:1455) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.72, compared to a current price of NT$9.71 — trading 44.5% above its estimated fair value. The current Return-on-Tangible-Asset is 21.13% and 803% above the Manufacturing - Apparel & Accessories industry median of 2.34. Zig Sheng Industrial Co's overall GF Score™ is 60/100 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 Zig Sheng Industrial Co (TPE:1455), the current Return-on-Tangible-Asset is 21.13% as of Jun. 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 Zig Sheng Industrial Co (TPE:1455) Overvalued in 2026?
Based on GuruFocus' analysis, Zig Sheng Industrial Co stock appears to be overvalued.
The current stock price of NT$9.71 is trading 44.5% above its estimated GF Value™ of NT$6.72.
GuruFocus considers Zig Sheng Industrial Co to be Significantly Overvalued.
Key valuation signals for TPE:1455:
Return-on-Tangible-Asset: 21.13%
GF Value™: NT$6.72 vs. price of NT$9.71 (44.5% above fair value)
Industry Position: 803% above the Manufacturing - Apparel & Accessories median (#484 of 1074)
No single metric tells the full story. See the TPE:1455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zig Sheng Industrial Co Ltd is a Taiwan-based manufacturer of synthetic fibers and nylon materials. The company operates through two reporting segments: Fiber and Chemical Materials, with the Fiber segment generating the majority of revenue. Its product portfolio includes textured yarns such as functional yarns, high-stretch yarns, nylon yarns, multifilament and fancy yarns; nylon filaments including fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns; and nylon chips comprising spinning-grade and engineering-plastic-grade chips. These products serve textile mills, apparel and fabric manufacturers, and industrial customers, and are sold in Taiwan and exported to international markets. Zig Sheng integrates spinning, weaving, dyeing, finishing, printing and processing operations, and generates revenue primarily through the manufacture and sale of fibers and chemical materials, supported by trading activities.
60GF Score
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