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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. China General Plastics's annualized net income for the quarter that ended in Dec. 2025 was NT$-567 Mil. China General Plastics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$7,782 Mil. Therefore, China General Plastics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -7.28%.
The historical rank and industry rank for China General Plastics's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1305'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.29 Med: 11.76 Max: 23.66
Current: -11.29
During the past 13 years, China General Plastics's highest Return-on-Tangible-Equity was 23.66%. The lowest was -11.29%. And the median was 11.76%.
TPE:1305's Return-on-Tangible-Equity is ranked worse than 86.69% of 1570
companies
in the Chemicals industry
Industry Median: 5.745
vs TPE:1305: -11.29
China General Plastics (TPE:1305) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
China General Plastics Return-on-Tangible-Equity Related Terms
China General Plastics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China General Plastics's Return-on-Tangible-Equity 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.
China General Plastics Return-on-Tangible-Equity Chart
TPE:1305 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, China General Plastics's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
China General Plastics Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China General Plastics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China General Plastics's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -7.28% mean?
China General Plastics (TPE:1305) has a Return-on-Tangible-Equity of -7.28% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China General Plastics and its competitors. According to the industry distribution chart, China General Plastics ranks #1361 out of 1570 companies in the Chemicals industry, placing it in the top 86.7%.
Is China General Plastics' Return-on-Tangible-Equity too high?
China General Plastics' current Return-on-Tangible-Equity is -7.28%. Based on the distribution chart, China General Plastics ranks #1361 out of 1570 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, China General Plastics has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China General Plastics' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, China General Plastics ranks #1361 out of 1570 companies for Return-on-Tangible-Equity. This places China General Plastics in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.75. 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-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.75, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China General Plastics and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China General Plastics's current Return-on-Tangible-Equity is -7.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China General Plastics stock overvalued right now?
Based on GuruFocus' analysis, China General Plastics (TPE:1305) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.94, compared to a current price of NT$12.70 — trading 8.9% below its estimated fair value. The current Return-on-Tangible-Equity is -7.28%. China General Plastics' overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For China General Plastics (TPE:1305), the current Return-on-Tangible-Equity is -7.28% 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 China General Plastics (TPE:1305) Overvalued in 2026?
Based on GuruFocus' analysis, China General Plastics stock appears to be undervalued.
The current stock price of NT$12.70 is trading 8.9% below its estimated GF Value™ of NT$13.94.
GuruFocus considers China General Plastics to be Fairly Valued.
Key valuation signals for TPE:1305:
Return-on-Tangible-Equity: -7.28%
GF Value™: NT$13.94 vs. price of NT$12.70 (8.9% below fair value)
No single metric tells the full story. See the TPE:1305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China General Plastics Corp engages in the production and sale of PVC films, PVC leather, PVC pipes, PVC compounds, PVC resins, construction products, chlor-alkali products and other related products. Its products include Alkali and chlorine products, PVC plastic powder, Plastic pipe products, Plastic pipe fittings, Waterproof membrane, Anti-corrosion film, Partition panels/door panels, Soft plastic sheet, rigid plastic sheet, PVC printed fabric, PVC laminated fabric, Plastic leather/latex leather, Coral fleece, Shumeirong, Car leather, and Anti-fouling leather. Its segments include VCM products and PVC products of which PVC products derive the majority of revenue.
57GF Score
Get the complete analysis for TPE:1305
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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