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Shinkong Insurance CoTPE:2850 +0.32%66 Return-on-Tangible-Asset is 7.87% as of Dec. 2025, which is 58% above its 10-year median of 4.99. GuruFocus rates TPE:2850 with a GF Score™ of 66/100 and a GF Value™ of NT$101.90 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 506 Insurance companies, Shinkong Insurance Co ranks better than 81.23% 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. Shinkong Insurance Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$4,817 Mil. Shinkong Insurance Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$61,243 Mil. Therefore, Shinkong Insurance Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.87%.
The historical rank and industry rank for Shinkong Insurance Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2850'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.54 Med: 4.99 Max: 6.63
Current: 6.57
During the past 13 years, Shinkong Insurance Co's highest Return-on-Tangible-Asset was 6.63%. The lowest was 3.54%. And the median was 4.99%.
TPE:2850's Return-on-Tangible-Asset is ranked better than 81.23% of 506
companies
in the Insurance industry
Industry Median: 2.745
vs TPE:2850: 6.57
Shinkong Insurance Co (TPE:2850) 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.
Shinkong Insurance Co Return-on-Tangible-Asset Related Terms
Shinkong Insurance Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shinkong Insurance 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.
Shinkong Insurance Co Return-on-Tangible-Asset Chart
TPE:2850 vs CB, PGR, TRV: Return-on-Tangible-Asset Comparison
For the Insurance - Property & Casualty subindustry, Shinkong Insurance 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.
Shinkong Insurance Co Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Shinkong Insurance Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shinkong Insurance 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 7.87% mean?
Shinkong Insurance Co (TPE:2850) has a Return-on-Tangible-Asset of 7.87% 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 Shinkong Insurance Co and its competitors. This is 58% above median its historical median of 4.99. Over the past decade, Shinkong Insurance Co's Return-on-Tangible-Asset has ranged from 3.54 to 6.63. According to the industry distribution chart, Shinkong Insurance Co ranks #95 out of 506 companies in the Insurance industry, placing it in the top 18.8%.
Is Shinkong Insurance Co's Return-on-Tangible-Asset too high?
Shinkong Insurance Co's current Return-on-Tangible-Asset of 7.87% is 58% above median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 6.63. The Insurance industry median Return-on-Tangible-Asset is 2.75. Shinkong Insurance Co's value of 7.87% is 186.7% above this industry median. Based on the distribution chart, Shinkong Insurance Co ranks #95 out of 506 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Shinkong Insurance Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Insurance Co's Return-on-Tangible-Asset compare to CB and PGR?
According to the Insurance industry distribution chart, Shinkong Insurance Co ranks #95 out of 506 companies for Return-on-Tangible-Asset. This places Shinkong Insurance Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.75. Shinkong Insurance Co's value of 7.87% is 186.7% above this benchmark. Historically, Shinkong Insurance Co's own Return-on-Tangible-Asset has ranged from 3.54 to 6.63 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 2.75, Shinkong Insurance 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.75, based on 506 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. Shinkong Insurance Co's current Return-on-Tangible-Asset of 7.87% is 186.7% 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 Shinkong Insurance Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinkong Insurance Co's current Return-on-Tangible-Asset is 7.87%, which is 58% above median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Insurance Co (TPE:2850) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$101.90, compared to a current price of NT$155.50 — trading 52.6% above its estimated fair value. The current Return-on-Tangible-Asset is 7.87%, which is 58% above median its 10-year median of 4.99 and 186.7% above the Insurance industry median of 2.75. Shinkong Insurance Co's overall GF Score™ is 66/100 with 7 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 Shinkong Insurance Co (TPE:2850), the current Return-on-Tangible-Asset is 7.87% 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 Shinkong Insurance Co (TPE:2850) Overvalued in 2026?
Based on GuruFocus' analysis, Shinkong Insurance Co stock appears to be overvalued.
The current stock price of NT$155.50 is trading 52.6% above its estimated GF Value™ of NT$101.90.
GuruFocus considers Shinkong Insurance Co to be Significantly Overvalued.
Key valuation signals for TPE:2850:
Return-on-Tangible-Asset: 7.87% (58% above median its 10-year median of 4.99)
GF Value™: NT$101.90 vs. price of NT$155.50 (52.6% above fair value)
Industry Position: 186.7% above the Insurance median (#95 of 506)
No single metric tells the full story. See the TPE:2850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinkong Insurance Co Ltd is one of the property and casualty insurance company. The product portfolio of the company comprises accident and health insurance, liability insurance, engineering insurance, marine insurance, fire insurance, motor insurance, amd others.
66GF Score
Get the complete analysis for TPE:2850
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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