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The historical rank and industry rank for Hwang Chang General Contractor Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2543'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.9 Med: 2.14 Max: 12.86
Current: 6.66
During the past 13 years, Hwang Chang General Contractor Co's highest Return-on-Tangible-Asset was 12.86%. The lowest was -8.90%. And the median was 2.14%.
TPE:2543's Return-on-Tangible-Asset is ranked better than 72.67% of 1782
companies
in the Construction industry
Industry Median: 3.045
vs TPE:2543: 6.66
Hwang Chang General Contractor Co (TPE:2543) 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.
Hwang Chang General Contractor Co Return-on-Tangible-Asset Related Terms
Hwang Chang General Contractor Co Return-on-Tangible-Asset Historical Data
* 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.
Hwang Chang General Contractor Co Return-on-Tangible-Asset Chart
TPE:2543 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Hwang Chang General Contractor 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.
Hwang Chang General Contractor Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Hwang Chang General Contractor Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hwang Chang General Contractor 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 3.78% mean?
Hwang Chang General Contractor Co (TPE:2543) has a Return-on-Tangible-Asset of 3.78% 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 Hwang Chang General Contractor Co and its competitors. This is 77% above median its historical median of 2.14. According to the industry distribution chart, Hwang Chang General Contractor Co ranks #487 out of 1782 companies in the Construction industry, placing it in the top 27.3%.
Is Hwang Chang General Contractor Co's Return-on-Tangible-Asset too high?
Hwang Chang General Contractor Co's current Return-on-Tangible-Asset of 3.78% is 77% above median its 10-year median of 2.14. The Construction industry median Return-on-Tangible-Asset is 3.05. Hwang Chang General Contractor Co's value of 3.78% is 24.1% above this industry median. Based on the distribution chart, Hwang Chang General Contractor Co ranks #487 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Hwang Chang General Contractor Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hwang Chang General Contractor Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Hwang Chang General Contractor Co ranks #487 out of 1782 companies for Return-on-Tangible-Asset. This puts Hwang Chang General Contractor Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Hwang Chang General Contractor Co's value of 3.78% is 24.1% above this benchmark. While the company's 10-year median is 2.14 vs. the industry median of 3.05, Hwang Chang General Contractor 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,782 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. Hwang Chang General Contractor Co's current Return-on-Tangible-Asset of 3.78% is 24.1% 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 Hwang Chang General Contractor Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwang Chang General Contractor Co's current Return-on-Tangible-Asset is 3.78%, which is 77% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwang Chang General Contractor Co stock overvalued right now?
Based on GuruFocus' analysis, Hwang Chang General Contractor Co (TPE:2543) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.33, compared to a current price of NT$36.65 — trading 22.6% below its estimated fair value. The current Return-on-Tangible-Asset is 3.78%, which is 77% above median its 10-year median of 2.14 and 24.1% above the Construction industry median of 3.05. Hwang Chang General Contractor Co's overall GF Score™ is 83/100 with 6 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 Hwang Chang General Contractor Co (TPE:2543), the current Return-on-Tangible-Asset is 3.78% 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 Hwang Chang General Contractor Co (TPE:2543) Overvalued in 2026?
Based on GuruFocus' analysis, Hwang Chang General Contractor Co stock appears to be undervalued.
The current stock price of NT$36.65 is trading 22.6% below its estimated GF Value™ of NT$47.33.
GuruFocus considers Hwang Chang General Contractor Co to be Modestly Undervalued.
Key valuation signals for TPE:2543:
Return-on-Tangible-Asset: 3.78% (77% above median its 10-year median of 2.14)
GF Value™: NT$47.33 vs. price of NT$36.65 (22.6% below fair value)
Industry Position: 24.1% above the Construction median (#487 of 1782)
No single metric tells the full story. See the TPE:2543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwang Chang General Contractor Co Ltd is mainly engaged in the contracting business of civil engineering projects. It undertakes projects like the construction of bridges, metro stations, parking lots, residential complexes, highways, etc. The company's reportable segments are Construction and Concrete. A majority of its revenue is generated from the Construction segment, which is mainly engaged in the contracting business of civil engineering projects. The Concrete segment is mainly engaged in the manufacturing and selling business of ready-mix concrete.
83GF Score
Get the complete analysis for TPE:2543
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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