Weikeng Industrial Co (TPE:3033) Return-on-Tangible-Asset: 6.22% (As of Mar. 2026) — 127% Above Median

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TPE:3033 Weikeng Industrial Co Ltd TPE:3033
73 GF Score
Price NT$45.95
GF Value NT$44.01
Valuation Fairly Valued
! 13 Warning Signs
View Full Analysis

What is Weikeng Industrial Co Return-on-Tangible-Asset?

Weikeng Industrial Co TPE:3033 -6.13% 73 Return-on-Tangible-Asset is 6.22% as of Mar. 2026, which is 127% above its 10-year median of 2.74. GuruFocus rates TPE:3033 with a GF Score™ of 73/100 and a GF Value™ of NT$44.01 (Fairly Valued). The stock has 13 warning signs investors should review. Among 2,501 Hardware companies, Weikeng Industrial Co ranks better than 53.46% 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. Weikeng Industrial Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$2,912 Mil. Weikeng Industrial Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$46,830 Mil. Therefore, Weikeng Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.22%.

The historical rank and industry rank for Weikeng Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:

TPE:3033' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.06   Med: 2.74   Max: 6.84
Current: 2.9

During the past 13 years, Weikeng Industrial Co's highest Return-on-Tangible-Asset was 6.84%. The lowest was 1.06%. And the median was 2.74%.

TPE:3033's Return-on-Tangible-Asset is ranked better than
53.46% of 2501 companies
in the Hardware industry
Industry Median: 2.44 vs TPE:3033: 2.90

Weikeng Industrial Co  (TPE:3033) 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.


Weikeng Industrial Co Return-on-Tangible-Asset Related Terms


Weikeng Industrial Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Weikeng Industrial 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.

Weikeng Industrial Co Return-on-Tangible-Asset Chart

Weikeng Industrial Co 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 6.84 5.60 2.19 2.80 1.99

Weikeng Industrial Co 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 2.98 -1.56 3.24 3.48 6.22

TPE:3033 vs SNX, ARW, AVT: Return-on-Tangible-Asset Comparison

For the Electronics & Computer Distribution subindustry, Weikeng Industrial 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.


Weikeng Industrial Co Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Weikeng Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Weikeng Industrial Co's Return-on-Tangible-Asset falls into.


TPE:3033
73GF Score
Weikeng Industrial Co Ltd TPE:3033
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Weikeng Industrial Co Return-on-Tangible-Asset Calculation

Weikeng Industrial Co'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 )
=864.084/( (42823.787+44143.679)/ 2 )
=864.084/43483.733
=1.99 %

Weikeng Industrial Co'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 )
=2911.508/( (44143.679+49515.614)/ 2 )
=2911.508/46829.6465
=6.22 %

* 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 6.22% mean?
Weikeng Industrial Co (TPE:3033) has a Return-on-Tangible-Asset of 6.22% 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 Weikeng Industrial Co and its competitors. This is 127% above median its historical median of 2.74. Over the past decade, Weikeng Industrial Co's Return-on-Tangible-Asset has ranged from 1.06 to 6.84. According to the industry distribution chart, Weikeng Industrial Co ranks #1164 out of 2501 companies in the Hardware industry, placing it in the top 46.5%.
Is Weikeng Industrial Co's Return-on-Tangible-Asset too high?
Weikeng Industrial Co's current Return-on-Tangible-Asset of 6.22% is 127% above median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 6.84. The Hardware industry median Return-on-Tangible-Asset is 2.44. Weikeng Industrial Co's value of 6.22% is 154.9% above this industry median. Based on the distribution chart, Weikeng Industrial Co ranks #1164 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Weikeng Industrial Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weikeng Industrial Co's Return-on-Tangible-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Weikeng Industrial Co ranks #1164 out of 2501 companies for Return-on-Tangible-Asset. This puts Weikeng Industrial Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.44. Weikeng Industrial Co's value of 6.22% is 154.9% above this benchmark. Historically, Weikeng Industrial Co's own Return-on-Tangible-Asset has ranged from 1.06 to 6.84 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.44, Weikeng Industrial 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,501 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. Weikeng Industrial Co's current Return-on-Tangible-Asset of 6.22% is 154.9% 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 Weikeng Industrial Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Weikeng Industrial Co's current Return-on-Tangible-Asset is 6.22%, which is 127% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weikeng Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Weikeng Industrial Co (TPE:3033) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.01, compared to a current price of NT$45.95 — trading 4.4% above its estimated fair value. The current Return-on-Tangible-Asset is 6.22%, which is 127% above median its 10-year median of 2.74 and 154.9% above the Hardware industry median of 2.44. Weikeng Industrial Co's overall GF Score™ is 73/100 with 13 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 Weikeng Industrial Co (TPE:3033), the current Return-on-Tangible-Asset is 6.22% 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 Weikeng Industrial Co (TPE:3033) Overvalued in 2026?

Based on GuruFocus' analysis, Weikeng Industrial Co stock appears to be overvalued. The current stock price of NT$45.95 is trading 4.4% above its estimated GF Value™ of NT$44.01. GuruFocus considers Weikeng Industrial Co to be Fairly Valued.

Key valuation signals for TPE:3033:

  • Return-on-Tangible-Asset: 6.22% (127% above median its 10-year median of 2.74)
  • GF Value™: NT$44.01 vs. price of NT$45.95 (4.4% above fair value)
  • GF Score™: 73/100 with 13 warning signs
  • Industry Position: 154.9% above the Hardware median (#1164 of 2501)

No single metric tells the full story. See the TPE:3033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Weikeng Industrial Co Business Description

Address No. 308, Neihu Road, 11th Floor, Section 1, Neihu District, Taipei, TWN, 114
Weikeng Industrial Co Ltd is mainly engaged in the distribution of various semiconductor electronic components, information access products, and the provision of technical services. Its product solution includes Data Centers; IoT Applications; Automotive; Networking; Industrial and Consumer. Geographically, it derives a majority of its revenue from China.
73GF Score

Get the complete analysis for TPE:3033

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

NT$45.95
Price
NT$44.01
GF Value