Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) Return-on-Tangible-Equity: 23.72% (As of Dec. 2025) — Near Median


TPE:1341 Fulin Plastic Industry (Cayman) Holding Co TPE:1341
88 GF Score
Price NT$58.20
GF Value NT$60.34
Valuation Fairly Valued
! 5 Warning Signs
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What is Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity?

Fulin Plastic Industry (Cayman) Holding Co TPE:1341 88 Return-on-Tangible-Equity is 23.72% as of Dec. 2025, which is 1% below its 10-year median of 24.01. GuruFocus rates TPE:1341 with a GF Score™ of 88/100 and a GF Value™ of NT$60.34 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Fulin Plastic Industry (Cayman) Holding Co ranks better than 82.03% on this metric.

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. Fulin Plastic Industry (Cayman) Holding Co's annualized net income for the quarter that ended in Dec. 2025 was NT$293 Mil. Fulin Plastic Industry (Cayman) Holding Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,235 Mil. Therefore, Fulin Plastic Industry (Cayman) Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 23.72%.

The historical rank and industry rank for Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:1341' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.32   Med: 24.01   Max: 53
Current: 15.61

During the past 11 years, Fulin Plastic Industry (Cayman) Holding Co's highest Return-on-Tangible-Equity was 53.00%. The lowest was 14.32%. And the median was 24.01%.

TPE:1341's Return-on-Tangible-Equity is ranked better than
82.03% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43 vs TPE:1341: 15.61

Fulin Plastic Industry (Cayman) Holding Co  (TPE:1341) 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.


Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity Related Terms


Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fulin Plastic Industry (Cayman) Holding Co'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.

Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity Chart

Fulin Plastic Industry (Cayman) Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.95 24.22 18.34 20.54 14.32

Fulin Plastic Industry (Cayman) Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity 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 25.44 19.70 4.97 14.60 23.72

Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Fulin Plastic Industry (Cayman) Holding Co'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.


Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Equity falls into.


TPE:1341
88GF Score
Fulin Plastic Industry (Cayman) Holding Co TPE:1341
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fulin Plastic Industry (Cayman) Holding Co Return-on-Tangible-Equity Calculation

Fulin Plastic Industry (Cayman) Holding Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=196.043/( (1447.467+1291.321 )/ 2 )
=196.043/1369.394
=14.32 %

Fulin Plastic Industry (Cayman) Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=292.824/( (1178.144+1291.321)/ 2 )
=292.824/1234.7325
=23.72 %

* 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 23.72% mean?
Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) has a Return-on-Tangible-Equity of 23.72% 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 Fulin Plastic Industry (Cayman) Holding Co and its competitors. This is near median its historical median of 24.01. Over the past decade, Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Equity has ranged from 14.32 to 53.00. According to the industry distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #182 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18%.
Is Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Equity too high?
Fulin Plastic Industry (Cayman) Holding Co's current Return-on-Tangible-Equity of 23.72% is near median its 10-year median of 24.01. Over the past 10 years, this metric has ranged from a low of 14.32 to a high of 53.00. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Fulin Plastic Industry (Cayman) Holding Co's value of 23.72% is 435.4% above this industry median. Based on the distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #182 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Fulin Plastic Industry (Cayman) Holding Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fulin Plastic Industry (Cayman) Holding Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #182 out of 1013 companies for Return-on-Tangible-Equity. This places Fulin Plastic Industry (Cayman) Holding Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Fulin Plastic Industry (Cayman) Holding Co's value of 23.72% is 435.4% above this benchmark. Historically, Fulin Plastic Industry (Cayman) Holding Co's own Return-on-Tangible-Equity has ranged from 14.32 to 53.00 over the past decade. While the company's 10-year median is 24.01 vs. the industry median of 4.43, Fulin Plastic Industry (Cayman) Holding 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. Fulin Plastic Industry (Cayman) Holding Co's current Return-on-Tangible-Equity of 23.72% is 435.4% 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-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 Fulin Plastic Industry (Cayman) Holding Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulin Plastic Industry (Cayman) Holding Co's current Return-on-Tangible-Equity is 23.72%, which is near median its own 10-year median of 24.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulin Plastic Industry (Cayman) Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) is currently considered Fairly Valued. The stock's GF Value™ is NT$60.34, compared to a current price of NT$58.20 — trading 3.5% below its estimated fair value. The current Return-on-Tangible-Equity is 23.72%, which is near median its 10-year median of 24.01 and 435.4% above the Manufacturing - Apparel & Accessories industry median of 4.43. Fulin Plastic Industry (Cayman) Holding Co's overall GF Score™ is 88/100 with 5 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 Fulin Plastic Industry (Cayman) Holding Co (TPE:1341), the current Return-on-Tangible-Equity is 23.72% 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 Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) Overvalued in 2026?

Based on GuruFocus' analysis, Fulin Plastic Industry (Cayman) Holding Co stock appears to be undervalued. The current stock price of NT$58.20 is trading 3.5% below its estimated GF Value™ of NT$60.34. GuruFocus considers Fulin Plastic Industry (Cayman) Holding Co to be Fairly Valued.

Key valuation signals for TPE:1341:

  • Return-on-Tangible-Equity: 23.72% (near median its 10-year median of 24.01)
  • GF Value™: NT$60.34 vs. price of NT$58.20 (3.5% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 435.4% above the Manufacturing - Apparel & Accessories median (#182 of 1013)

No single metric tells the full story. See the TPE:1341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulin Plastic Industry (Cayman) Holding Co Business Description

Address 802 West Bay Road, Oleander Way, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Fulin Plastic Industry (Cayman) Holding Co is engaged in the international trading business. The company specializes in manufacturing and selling various PVC and PU artificial leathers to domestic and international markets. Its offerings include latex leather, rubber leather, soft leather, and PU leather, which can be processed into furniture, handbags, shoes, sports equipment, clothing, raincoats, tapes, stationery, advertising, etc. It has two segments: Fulin Plastic Industry Company (Fulin Plastic) engages in the production and sales of latex leathers, tapes and soft leathers. Other segments. Key revenue is generated from the Fulin Plastic segment.
88GF Score

Get the complete analysis for TPE:1341

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

NT$58.20
Price
NT$60.34
GF Value