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The historical rank and industry rank for TOPBI International Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2929'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -32.2 Med: 1.75 Max: 13.69
Current: -5.01
During the past 13 years, TOPBI International Holdings's highest Return-on-Tangible-Asset was 13.69%. The lowest was -32.20%. And the median was 1.75%.
TPE:2929's Return-on-Tangible-Asset is ranked worse than 83.33% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.995
vs TPE:2929: -5.01
TOPBI International Holdings (TPE:2929) 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.
TOPBI International Holdings Return-on-Tangible-Asset Related Terms
TOPBI International Holdings 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.
TOPBI International Holdings Return-on-Tangible-Asset Chart
TPE:2929 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, TOPBI International Holdings'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.
TOPBI International Holdings Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TOPBI International Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TOPBI International Holdings'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 -16.61% mean?
TOPBI International Holdings (TPE:2929) has a Return-on-Tangible-Asset of -16.61% 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 TOPBI International Holdings and its competitors. According to the industry distribution chart, TOPBI International Holdings ranks #890 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.3%.
Is TOPBI International Holdings' Return-on-Tangible-Asset too high?
TOPBI International Holdings' current Return-on-Tangible-Asset is -16.61%. Based on the distribution chart, TOPBI International Holdings ranks #890 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TOPBI International Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOPBI International Holdings' Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TOPBI International Holdings ranks #890 out of 1068 companies for Return-on-Tangible-Asset. This places TOPBI International Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.00. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,068 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. 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 TOPBI International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOPBI International Holdings's current Return-on-Tangible-Asset is -16.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOPBI International Holdings stock overvalued right now?
Based on GuruFocus' analysis, TOPBI International Holdings (TPE:2929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.74, compared to a current price of NT$5.83 — trading 24.7% below its estimated fair value. The current Return-on-Tangible-Asset is -16.61%. TOPBI International Holdings' overall GF Score™ is 68/100 with 3 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 TOPBI International Holdings (TPE:2929), the current Return-on-Tangible-Asset is -16.61% 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 TOPBI International Holdings (TPE:2929) Overvalued in 2026?
Based on GuruFocus' analysis, TOPBI International Holdings stock appears to be undervalued.
The current stock price of NT$5.83 is trading 24.7% below its estimated GF Value™ of NT$7.74.
GuruFocus considers TOPBI International Holdings to be Modestly Undervalued.
Key valuation signals for TPE:2929:
Return-on-Tangible-Asset: -16.61%
GF Value™: NT$7.74 vs. price of NT$5.83 (24.7% below fair value)
No single metric tells the full story. See the TPE:2929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOPBI International Holdings Ltd is a children's clothing manufacturer. Its products, which it sells under the TOPBI (Amoy) brand, are designed for middle-class families with children under 16 years old. Nearly half of the company's sales are from items designed for the 1- to 3-year-old age group. TOPBI sells its products through both company-owned stores and third-party distributors. The company focuses on reaching customers in the developing market in China, and its roughly 1,500 stores are in more than a dozen Chinese provinces.
68GF Score
Get the complete analysis for TPE:2929
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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