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Chong Hong Construction CoTPE:5534 +0.51%84 Return-on-Tangible-Asset is 0.47% as of Mar. 2026, which is 94% below its 10-year median of 7.30. GuruFocus rates TPE:5534 with a GF Score™ of 84/100 and a GF Value™ of NT$71.06 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,800 Real Estate companies, Chong Hong Construction Co ranks better than 64.72% 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. Chong Hong Construction Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$224 Mil. Chong Hong Construction Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$47,887 Mil. Therefore, Chong Hong Construction Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.47%.
The historical rank and industry rank for Chong Hong Construction Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:5534'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.19 Med: 7.3 Max: 14.37
Current: 3.19
During the past 13 years, Chong Hong Construction Co's highest Return-on-Tangible-Asset was 14.37%. The lowest was 3.19%. And the median was 7.30%.
TPE:5534's Return-on-Tangible-Asset is ranked better than 64.72% of 1800
companies
in the Real Estate industry
Industry Median: 1.735
vs TPE:5534: 3.19
Chong Hong Construction Co (TPE:5534) 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.
Chong Hong Construction Co Return-on-Tangible-Asset Related Terms
Chong Hong Construction 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.
Chong Hong Construction Co Return-on-Tangible-Asset Chart
Chong Hong Construction Co Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Chong Hong Construction 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.
Chong Hong Construction Co Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Chong Hong Construction Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chong Hong Construction 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 0.47% mean?
Chong Hong Construction Co (TPE:5534) has a Return-on-Tangible-Asset of 0.47% 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 Chong Hong Construction Co and its competitors. This is 94% below median its historical median of 7.30. Over the past decade, Chong Hong Construction Co's Return-on-Tangible-Asset has ranged from 3.19 to 14.37. According to the industry distribution chart, Chong Hong Construction Co ranks #635 out of 1800 companies in the Real Estate industry, placing it in the top 35.3%.
Is Chong Hong Construction Co's Return-on-Tangible-Asset too high?
Chong Hong Construction Co's current Return-on-Tangible-Asset of 0.47% is 94% below median its 10-year median of 7.30. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 14.37. The Real Estate industry median Return-on-Tangible-Asset is 1.74. Chong Hong Construction Co's value of 0.47% is 72.9% below this industry median. Based on the distribution chart, Chong Hong Construction Co ranks #635 out of 1800 companies in the Real Estate industry, which is above the industry midpoint. Overall, Chong Hong Construction Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chong Hong Construction Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Chong Hong Construction Co ranks #635 out of 1800 companies for Return-on-Tangible-Asset. This puts Chong Hong Construction Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.74. Chong Hong Construction Co's value of 0.47% is 72.9% below this benchmark. Historically, Chong Hong Construction Co's own Return-on-Tangible-Asset has ranged from 3.19 to 14.37 over the past decade. While the company's 10-year median is 7.30 vs. the industry median of 1.74, Chong Hong Construction Co has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.74, based on 1,800 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. Chong Hong Construction Co's current Return-on-Tangible-Asset of 0.47% is 72.9% below 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 Chong Hong Construction Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chong Hong Construction Co's current Return-on-Tangible-Asset is 0.47%, which is 94% below median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chong Hong Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Chong Hong Construction Co (TPE:5534) is currently considered Fairly Valued. The stock's GF Value™ is NT$71.06, compared to a current price of NT$78.40 — trading 10.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.47%, which is 94% below median its 10-year median of 7.30 and 72.9% below the Real Estate industry median of 1.74. Chong Hong Construction Co's overall GF Score™ is 84/100 with 8 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 Chong Hong Construction Co (TPE:5534), the current Return-on-Tangible-Asset is 0.47% 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 Chong Hong Construction Co (TPE:5534) Overvalued in 2026?
Based on GuruFocus' analysis, Chong Hong Construction Co stock appears to be overvalued.
The current stock price of NT$78.40 is trading 10.3% above its estimated GF Value™ of NT$71.06.
GuruFocus considers Chong Hong Construction Co to be Fairly Valued.
Key valuation signals for TPE:5534:
Return-on-Tangible-Asset: 0.47% (94% below median its 10-year median of 7.30)
GF Value™: NT$71.06 vs. price of NT$78.40 (10.3% above fair value)
Industry Position: 72.9% below the Real Estate median (#635 of 1800)
No single metric tells the full story. See the TPE:5534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chong Hong Construction Co Ltd mainly develops, sells, and leases residential and commercial property in Taiwan. The company derives revenue from the proceeds of lands, properties, contract fees, and rental income. Land revenue represents more than half of group income, followed by property revenue. The company operates through two segments. The Building segment is engaged in the construction of commercial buildings, public housing, and the lease of factories. The construction segment is engaged in building and construction projects.
84GF Score
Get the complete analysis for TPE:5534
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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