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Ta Jiang DevelopmentTPE:1453 -0.90%56 Return-on-Tangible-Equity is 18.29% as of Jun. 2026, which is 7852% above its 10-year median of 0.23. GuruFocus rates TPE:1453 with a GF Score™ of 56/100 and a GF Value™ of NT$10.62 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Ta Jiang Development ranks better than 51.52% 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. Ta Jiang Development's annualized net income for the quarter that ended in Jun. 2026 was NT$268.78 Mil. Ta Jiang Development's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$1,469.27 Mil. Therefore, Ta Jiang Development's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 18.29%.
The historical rank and industry rank for Ta Jiang Development's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1453'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.55 Med: 0.23 Max: 29.37
Current: 5.43
During the past 13 years, Ta Jiang Development's highest Return-on-Tangible-Equity was 29.37%. The lowest was -3.55%. And the median was 0.23%.
TPE:1453's Return-on-Tangible-Equity is ranked better than 51.52% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.07
vs TPE:1453: 5.43
Ta Jiang Development (TPE:1453) 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.
Ta Jiang Development Return-on-Tangible-Equity Related Terms
Ta Jiang Development Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ta Jiang Development'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.
Ta Jiang Development Return-on-Tangible-Equity Chart
Ta Jiang Development Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Ta Jiang Development'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.
Ta Jiang Development Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ta Jiang Development's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ta Jiang Development'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.29% mean?
Ta Jiang Development (TPE:1453) has a Return-on-Tangible-Equity of 18.29% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ta Jiang Development and its competitors. This is 7852% above median its historical median of 0.23. According to the industry distribution chart, Ta Jiang Development ranks #496 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.5%.
Is Ta Jiang Development's Return-on-Tangible-Equity too high?
Ta Jiang Development's current Return-on-Tangible-Equity of 18.29% is 7852% above median its 10-year median of 0.23. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 5.07. Ta Jiang Development's value of 18.29% is 260.7% above this industry median. Based on the distribution chart, Ta Jiang Development ranks #496 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ta Jiang Development has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Jiang Development's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ta Jiang Development ranks #496 out of 1023 companies for Return-on-Tangible-Equity. This puts Ta Jiang Development in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.07. Ta Jiang Development's value of 18.29% is 260.7% above this benchmark. While the company's 10-year median is 0.23 vs. the industry median of 5.07, Ta Jiang Development 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 5.07, based on 1,023 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. Ta Jiang Development's current Return-on-Tangible-Equity of 18.29% is 260.7% 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 Ta Jiang Development and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Jiang Development's current Return-on-Tangible-Equity is 18.29%, which is 7852% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Jiang Development stock overvalued right now?
Based on GuruFocus' analysis, Ta Jiang Development (TPE:1453) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.62, compared to a current price of NT$11.05 — trading 4% above its estimated fair value. The current Return-on-Tangible-Equity is 18.29%, which is 7852% above median its 10-year median of 0.23 and 260.7% above the Manufacturing - Apparel & Accessories industry median of 5.07. Ta Jiang Development's overall GF Score™ is 56/100 with 9 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 Ta Jiang Development (TPE:1453), the current Return-on-Tangible-Equity is 18.29% as of Jun. 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 Ta Jiang Development (TPE:1453) Overvalued in 2026?
Based on GuruFocus' analysis, Ta Jiang Development stock appears to be overvalued.
The current stock price of NT$11.05 is trading 4% above its estimated GF Value™ of NT$10.62.
GuruFocus considers Ta Jiang Development to be Fairly Valued.
Key valuation signals for TPE:1453:
Return-on-Tangible-Equity: 18.29% (7852% above median its 10-year median of 0.23)
GF Value™: NT$10.62 vs. price of NT$11.05 (4% above fair value)
Industry Position: 260.7% above the Manufacturing - Apparel & Accessories median (#496 of 1023)
No single metric tells the full story. See the TPE:1453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ta Jiang Development Corp operates in the textile industry. The company is engaged in manufacturing and distributing textile products like yarns, fabrics, and related raw materials and products. The company also operates in the construction and development industry, It is also involved in Investment and construction of public infrastructure projects. The company also manufactures, processing, and trading of woven clothing, knitted clothing, and sweaters.
56GF Score
Get the complete analysis for TPE:1453
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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