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Lai Yih Footwear CoTPE:6890 -1.11%21 Return-on-Tangible-Asset is 2.11% as of Mar. 2026, which is 77% below its 10-year median of 9.26. GuruFocus rates TPE:6890 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Lai Yih Footwear Co ranks better than 82.89% 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. Lai Yih Footwear Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$752 Mil. Lai Yih Footwear Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$35,600 Mil. Therefore, Lai Yih Footwear Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.11%.
The historical rank and industry rank for Lai Yih Footwear Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6890'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.95 Med: 9.26 Max: 12.59
Current: 7.53
During the past 5 years, Lai Yih Footwear Co's highest Return-on-Tangible-Asset was 12.59%. The lowest was 0.95%. And the median was 9.26%.
TPE:6890's Return-on-Tangible-Asset is ranked better than 82.89% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.2
vs TPE:6890: 7.53
Lai Yih Footwear Co (TPE:6890) 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.
Lai Yih Footwear Co Return-on-Tangible-Asset Related Terms
Lai Yih Footwear Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Lai Yih Footwear 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.
Lai Yih Footwear Co Return-on-Tangible-Asset Chart
TPE:6890 vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Lai Yih Footwear 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.
Lai Yih Footwear Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lai Yih Footwear Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lai Yih Footwear 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 2.11% mean?
Lai Yih Footwear Co (TPE:6890) has a Return-on-Tangible-Asset of 2.11% 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 Lai Yih Footwear Co and its competitors. This is 77% below median its historical median of 9.26. Over the past decade, Lai Yih Footwear Co's Return-on-Tangible-Asset has ranged from 0.95 to 12.59. According to the industry distribution chart, Lai Yih Footwear Co ranks #182 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.1%.
Is Lai Yih Footwear Co's Return-on-Tangible-Asset too high?
Lai Yih Footwear Co's current Return-on-Tangible-Asset of 2.11% is 77% below median its 10-year median of 9.26. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 12.59. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.20. Lai Yih Footwear Co's value of 2.11% is 4.1% below this industry median. Based on the distribution chart, Lai Yih Footwear Co ranks #182 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Lai Yih Footwear Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Lai Yih Footwear Co's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lai Yih Footwear Co ranks #182 out of 1064 companies for Return-on-Tangible-Asset. This places Lai Yih Footwear Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.20. Lai Yih Footwear Co's value of 2.11% is 4.1% below this benchmark. Historically, Lai Yih Footwear Co's own Return-on-Tangible-Asset has ranged from 0.95 to 12.59 over the past decade. While the company's 10-year median is 9.26 vs. the industry median of 2.20, Lai Yih Footwear 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.20, based on 1,064 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. Lai Yih Footwear Co's current Return-on-Tangible-Asset of 2.11% is 4.1% 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 Lai Yih Footwear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Yih Footwear Co's current Return-on-Tangible-Asset is 2.11%, which is 77% below median its own 10-year median of 9.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Yih Footwear Co stock overvalued right now?
Lai Yih Footwear Co (TPE:6890) has a current Return-on-Tangible-Asset of 2.11%. The current Return-on-Tangible-Asset is 2.11%, which is 77% below median its 10-year median of 9.26 and 4.1% below the Manufacturing - Apparel & Accessories industry median of 2.20. Lai Yih Footwear Co's overall GF Score™ is 21/100 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 Lai Yih Footwear Co (TPE:6890), the current Return-on-Tangible-Asset is 2.11% 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.
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.
21GF Score
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