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China Steel Structure CoTPE:2013 81 Return-on-Tangible-Asset is 5.02% as of Dec. 2025, which is 44% above its 10-year median of 3.48. GuruFocus rates TPE:2013 with a GF Score™ of 81/100 and a GF Value™ of NT$57.96 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 634 Steel companies, China Steel Structure Co ranks better than 70.5% 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. China Steel Structure Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$740 Mil. China Steel Structure Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$14,754 Mil. Therefore, China Steel Structure Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.02%.
The historical rank and industry rank for China Steel Structure Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2013'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.37 Med: 3.48 Max: 4.33
Current: 4.3
During the past 13 years, China Steel Structure Co's highest Return-on-Tangible-Asset was 4.33%. The lowest was 0.37%. And the median was 3.48%.
TPE:2013's Return-on-Tangible-Asset is ranked better than 70.5% of 634
companies
in the Steel industry
Industry Median: 2.055
vs TPE:2013: 4.30
China Steel Structure Co (TPE:2013) 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.
China Steel Structure Co Return-on-Tangible-Asset Related Terms
China Steel Structure Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for China Steel Structure 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.
China Steel Structure Co Return-on-Tangible-Asset Chart
TPE:2013 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, China Steel Structure 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.
China Steel Structure Co Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel Structure Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Steel Structure 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.02% mean?
China Steel Structure Co (TPE:2013) has a Return-on-Tangible-Asset of 5.02% 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 China Steel Structure Co and its competitors. This is 44% above median its historical median of 3.48. Over the past decade, China Steel Structure Co's Return-on-Tangible-Asset has ranged from 0.37 to 4.33. According to the industry distribution chart, China Steel Structure Co ranks #187 out of 634 companies in the Steel industry, placing it in the top 29.5%.
Is China Steel Structure Co's Return-on-Tangible-Asset too high?
China Steel Structure Co's current Return-on-Tangible-Asset of 5.02% is 44% above median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 4.33. The Steel industry median Return-on-Tangible-Asset is 2.06. China Steel Structure Co's value of 5.02% is 144.3% above this industry median. Based on the distribution chart, China Steel Structure Co ranks #187 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, China Steel Structure Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel Structure Co's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel Structure Co ranks #187 out of 634 companies for Return-on-Tangible-Asset. This puts China Steel Structure Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.06. China Steel Structure Co's value of 5.02% is 144.3% above this benchmark. Historically, China Steel Structure Co's own Return-on-Tangible-Asset has ranged from 0.37 to 4.33 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 2.06, China Steel Structure 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.06, based on 634 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. China Steel Structure Co's current Return-on-Tangible-Asset of 5.02% is 144.3% 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 China Steel Structure Co and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel Structure Co's current Return-on-Tangible-Asset is 5.02%, which is 44% above median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, China Steel Structure Co (TPE:2013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.96, compared to a current price of NT$41.00 — trading 29.3% below its estimated fair value. The current Return-on-Tangible-Asset is 5.02%, which is 44% above median its 10-year median of 3.48 and 144.3% above the Steel industry median of 2.06. China Steel Structure Co's overall GF Score™ is 81/100 with 1 warning sign 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 China Steel Structure Co (TPE:2013), the current Return-on-Tangible-Asset is 5.02% 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 China Steel Structure Co (TPE:2013) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel Structure Co stock appears to be undervalued.
The current stock price of NT$41.00 is trading 29.3% below its estimated GF Value™ of NT$57.96.
GuruFocus considers China Steel Structure Co to be Modestly Undervalued.
Key valuation signals for TPE:2013:
Return-on-Tangible-Asset: 5.02% (44% above median its 10-year median of 3.48)
GF Value™: NT$57.96 vs. price of NT$41.00 (29.3% below fair value)
Industry Position: 144.3% above the Steel median (#187 of 634)
No single metric tells the full story. See the TPE:2013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Structure Co Ltd is engaged in designing, processing, manufacturing, assembling and selling steel built-up sections; providing technical services for the construction of steel structures, importing and exporting metal and construction materials and real estate leasing. The Group's reportable segments are CSSC, USEC and Others and generates majority revenue from CSSC segment. Geographically, the Group mainly operates in Taiwan region.
81GF Score
Get the complete analysis for TPE:2013
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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