Zeng Hsing Industrial Co (TPE:1558) Return-on-Tangible-Asset: 2.70% (As of Mar. 2026) — 63% 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:1558 Zeng Hsing Industrial Co Ltd TPE:1558
82 GF Score
Price NT$91.20
GF Value NT$105.72
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Zeng Hsing Industrial Co Return-on-Tangible-Asset?

Zeng Hsing Industrial Co TPE:1558 -0.65% 82 Return-on-Tangible-Asset is 2.70% as of Mar. 2026, which is 63% below its 10-year median of 7.39. GuruFocus rates TPE:1558 with a GF Score™ of 82/100 and a GF Value™ of NT$105.72 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Zeng Hsing Industrial Co ranks better than 55.76% 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. Zeng Hsing Industrial Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$318 Mil. Zeng Hsing Industrial Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$11,802 Mil. Therefore, Zeng Hsing Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.70%.

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

TPE:1558' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.3   Med: 7.39   Max: 14.13
Current: 3.1

During the past 13 years, Zeng Hsing Industrial Co's highest Return-on-Tangible-Asset was 14.13%. The lowest was 2.30%. And the median was 7.39%.

TPE:1558's Return-on-Tangible-Asset is ranked better than
55.76% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.365 vs TPE:1558: 3.10

Zeng Hsing Industrial Co  (TPE:1558) 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.


Zeng Hsing Industrial Co Return-on-Tangible-Asset Related Terms


Zeng Hsing Industrial Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Zeng Hsing 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.

Zeng Hsing Industrial Co Return-on-Tangible-Asset Chart

Zeng Hsing Industrial 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 6.62 5.03 2.30 4.12 3.17

Zeng Hsing Industrial 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 2.84 1.77 5.20 2.85 2.70

TPE:1558 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Zeng Hsing 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.


Zeng Hsing Industrial Co Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zeng Hsing Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Zeng Hsing Industrial Co's Return-on-Tangible-Asset falls into.


TPE:1558
82GF Score
Zeng Hsing Industrial Co Ltd TPE:1558
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeng Hsing Industrial Co Return-on-Tangible-Asset Calculation

Zeng Hsing Industrial 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 )
=366.154/( (11606.466+11514.837)/ 2 )
=366.154/11560.6515
=3.17 %

Zeng Hsing Industrial 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 )
=318.132/( (11514.837+12088.253)/ 2 )
=318.132/11801.545
=2.70 %

* 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 2.70% mean?
Zeng Hsing Industrial Co (TPE:1558) has a Return-on-Tangible-Asset of 2.70% 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 Zeng Hsing Industrial Co and its competitors. This is 63% below median its historical median of 7.39. Over the past decade, Zeng Hsing Industrial Co's Return-on-Tangible-Asset has ranged from 2.30 to 14.13. According to the industry distribution chart, Zeng Hsing Industrial Co ranks #192 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 44.2%.
Is Zeng Hsing Industrial Co's Return-on-Tangible-Asset too high?
Zeng Hsing Industrial Co's current Return-on-Tangible-Asset of 2.70% is 63% below median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 14.13. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.37. Zeng Hsing Industrial Co's value of 2.70% is 14.2% above this industry median. Based on the distribution chart, Zeng Hsing Industrial Co ranks #192 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Zeng Hsing Industrial Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeng Hsing Industrial Co's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zeng Hsing Industrial Co ranks #192 out of 434 companies for Return-on-Tangible-Asset. This puts Zeng Hsing Industrial Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.37. Zeng Hsing Industrial Co's value of 2.70% is 14.2% above this benchmark. Historically, Zeng Hsing Industrial Co's own Return-on-Tangible-Asset has ranged from 2.30 to 14.13 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 2.37, Zeng Hsing Industrial 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.37, based on 434 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. Zeng Hsing Industrial Co's current Return-on-Tangible-Asset of 2.70% is 14.2% 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 Zeng Hsing Industrial Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeng Hsing Industrial Co's current Return-on-Tangible-Asset is 2.70%, which is 63% below median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeng Hsing Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Zeng Hsing Industrial Co (TPE:1558) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$105.72, compared to a current price of NT$91.20 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.70%, which is 63% below median its 10-year median of 7.39 and 14.2% above the Furnishings, Fixtures & Appliances industry median of 2.37. Zeng Hsing Industrial Co's overall GF Score™ is 82/100 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 Zeng Hsing Industrial Co (TPE:1558), the current Return-on-Tangible-Asset is 2.70% 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 Zeng Hsing Industrial Co (TPE:1558) Overvalued in 2026?

Based on GuruFocus' analysis, Zeng Hsing Industrial Co stock appears to be undervalued. The current stock price of NT$91.20 is trading 13.7% below its estimated GF Value™ of NT$105.72. GuruFocus considers Zeng Hsing Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:1558:

  • Return-on-Tangible-Asset: 2.70% (63% below median its 10-year median of 7.39)
  • GF Value™: NT$105.72 vs. price of NT$91.20 (13.7% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 14.2% above the Furnishings, Fixtures & Appliances median (#192 of 434)

No single metric tells the full story. See the TPE:1558 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeng Hsing Industrial Co Business Description

Address No. 78, Yongcheng Road, Taiping District, Taichung, TWN
Zeng Hsing Industrial Co Ltd is a Taiwan-based company that designs and manufactures household sewing machines, household cleaners, and related components. The company operates as an original design manufacturer, which means it supplies its products to brand owners. Geographically, the company has operates China, which derives key revenue; Germany; USA; Turkey; Taiwan; Russia; India; and Other Countries. The company has two reportable segments as follows: Sewing machine division produces computerized and electronic sewing machines. Precision metal parts processing division manufacture precision parts for automotive and industrial applications.
82GF Score

Get the complete analysis for TPE:1558

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

NT$91.20
Price
NT$105.72
GF Value