Chung Hwa Chemical Industrial Works (TPE:1727) Return-on-Tangible-Asset: 4.03% (As of Mar. 2026) — 38% Above Median

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TPE:1727 Chung Hwa Chemical Industrial Works Ltd TPE:1727
48 GF Score
Price NT$73.90
GF Value NT$35.76
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Chung Hwa Chemical Industrial Works Return-on-Tangible-Asset?

Chung Hwa Chemical Industrial Works TPE:1727 +2.07% 48 Return-on-Tangible-Asset is 4.03% as of Mar. 2026, which is 38% above its 10-year median of 2.92. GuruFocus rates TPE:1727 with a GF Score™ of 48/100 and a GF Value™ of NT$35.76 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,612 Chemicals companies, Chung Hwa Chemical Industrial Works ranks worse than 63.34% 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. Chung Hwa Chemical Industrial Works's annualized Net Income for the quarter that ended in Mar. 2026 was NT$144 Mil. Chung Hwa Chemical Industrial Works's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,560 Mil. Therefore, Chung Hwa Chemical Industrial Works's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.03%.

The historical rank and industry rank for Chung Hwa Chemical Industrial Works's Return-on-Tangible-Asset or its related term are showing as below:

TPE:1727' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.74   Med: 2.92   Max: 8.23
Current: 1.43

During the past 13 years, Chung Hwa Chemical Industrial Works's highest Return-on-Tangible-Asset was 8.23%. The lowest was -5.74%. And the median was 2.92%.

TPE:1727's Return-on-Tangible-Asset is ranked worse than
63.34% of 1612 companies
in the Chemicals industry
Industry Median: 3.115 vs TPE:1727: 1.43

Chung Hwa Chemical Industrial Works  (TPE:1727) 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.


Chung Hwa Chemical Industrial Works Return-on-Tangible-Asset Related Terms


Chung Hwa Chemical Industrial Works Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Chung Hwa Chemical Industrial Works'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.

Chung Hwa Chemical Industrial Works Return-on-Tangible-Asset Chart

Chung Hwa Chemical Industrial Works 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 8.23 4.39 1.53 2.15 0.16

Chung Hwa Chemical Industrial Works 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 -0.86 1.06 0.24 0.18 4.03

TPE:1727 vs DOW: Return-on-Tangible-Asset Comparison

For the Chemicals subindustry, Chung Hwa Chemical Industrial Works'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.


Chung Hwa Chemical Industrial Works Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chung Hwa Chemical Industrial Works's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Chung Hwa Chemical Industrial Works's Return-on-Tangible-Asset falls into.


TPE:1727
48GF Score
Chung Hwa Chemical Industrial Works Ltd TPE:1727
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chung Hwa Chemical Industrial Works Return-on-Tangible-Asset Calculation

Chung Hwa Chemical Industrial Works'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 )
=5.109/( (3034.78+3503.447)/ 2 )
=5.109/3269.1135
=0.16 %

Chung Hwa Chemical Industrial Works'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 )
=143.596/( (3503.447+3616.05)/ 2 )
=143.596/3559.7485
=4.03 %

* 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 4.03% mean?
Chung Hwa Chemical Industrial Works (TPE:1727) has a Return-on-Tangible-Asset of 4.03% 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 Chung Hwa Chemical Industrial Works and its competitors. This is 38% above median its historical median of 2.92. According to the industry distribution chart, Chung Hwa Chemical Industrial Works ranks #1021 out of 1612 companies in the Chemicals industry, placing it in the top 63.3%.
Is Chung Hwa Chemical Industrial Works' Return-on-Tangible-Asset too high?
Chung Hwa Chemical Industrial Works' current Return-on-Tangible-Asset of 4.03% is 38% above median its 10-year median of 2.92. The Chemicals industry median Return-on-Tangible-Asset is 3.12. Chung Hwa Chemical Industrial Works' value of 4.03% is 29.4% above this industry median. Based on the distribution chart, Chung Hwa Chemical Industrial Works ranks #1021 out of 1612 companies in the Chemicals industry, which is below the industry midpoint. Overall, Chung Hwa Chemical Industrial Works has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chung Hwa Chemical Industrial Works' Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Chung Hwa Chemical Industrial Works ranks #1021 out of 1612 companies for Return-on-Tangible-Asset. This places Chung Hwa Chemical Industrial Works in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.12. Chung Hwa Chemical Industrial Works' value of 4.03% is 29.4% above this benchmark. While the company's 10-year median is 2.92 vs. the industry median of 3.12, Chung Hwa Chemical Industrial Works 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.12, based on 1,612 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. Chung Hwa Chemical Industrial Works's current Return-on-Tangible-Asset of 4.03% is 29.4% 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 Chung Hwa Chemical Industrial Works and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Hwa Chemical Industrial Works's current Return-on-Tangible-Asset is 4.03%, which is 38% above median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Hwa Chemical Industrial Works stock overvalued right now?
Based on GuruFocus' analysis, Chung Hwa Chemical Industrial Works (TPE:1727) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.76, compared to a current price of NT$73.90 — trading 106.7% above its estimated fair value. The current Return-on-Tangible-Asset is 4.03%, which is 38% above median its 10-year median of 2.92 and 29.4% above the Chemicals industry median of 3.12. Chung Hwa Chemical Industrial Works' overall GF Score™ is 48/100 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 Chung Hwa Chemical Industrial Works (TPE:1727), the current Return-on-Tangible-Asset is 4.03% 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 Chung Hwa Chemical Industrial Works (TPE:1727) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Hwa Chemical Industrial Works stock appears to be overvalued. The current stock price of NT$73.90 is trading 106.7% above its estimated GF Value™ of NT$35.76. GuruFocus considers Chung Hwa Chemical Industrial Works to be Significantly Overvalued.

Key valuation signals for TPE:1727:

  • Return-on-Tangible-Asset: 4.03% (38% above median its 10-year median of 2.92)
  • GF Value™: NT$35.76 vs. price of NT$73.90 (106.7% above fair value)
  • GF Score™: 48/100 with 8 warning signs
  • Industry Position: 29.4% above the Chemicals median (#1021 of 1612)

No single metric tells the full story. See the TPE:1727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Hwa Chemical Industrial Works Business Description

Address No. 15, Gongye 5th Road, Shulin Village, Guanyin District, Taoyuan, TWN, 328
Chung Hwa Chemical Industrial Works Ltd operates as a chemical manufacturer. The company is engaged in the manufacturing and retail of sulfuric acid and other chemical industrial raw materials, and trading of finished products, and design of related chemical engineering, industrial investment, chemical raw materials, import and export trade, and agency distribution. The company single segment of Chemicals are further bifurcated as Basic chemicals, Specialty chemicals, and Electronic chemicals, out of which maximum revenue is generated from Basic chemicals.
48GF Score

Get the complete analysis for TPE:1727

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

NT$73.90
Price
NT$35.76
GF Value