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Jung Shing Wire CoTPE:1617 72 Return-on-Tangible-Equity is 32.58% as of Dec. 2025, which is 517% above its 10-year median of 5.28. GuruFocus rates TPE:1617 with a GF Score™ of 72/100 and a GF Value™ of NT$17.03 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,970 Industrial Products companies, Jung Shing Wire Co ranks worse than 56.33% 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. Jung Shing Wire Co's annualized net income for the quarter that ended in Dec. 2025 was NT$718 Mil. Jung Shing Wire Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,203 Mil. Therefore, Jung Shing Wire Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 32.58%.
The historical rank and industry rank for Jung Shing Wire Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1617'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.71 Med: 5.28 Max: 12.62
Current: 5.27
During the past 13 years, Jung Shing Wire Co's highest Return-on-Tangible-Equity was 12.62%. The lowest was 0.71%. And the median was 5.28%.
TPE:1617's Return-on-Tangible-Equity is ranked worse than 56.33% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs TPE:1617: 5.27
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co Return-on-Tangible-Equity Related Terms
Jung Shing Wire Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jung Shing Wire 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.
Jung Shing Wire Co Return-on-Tangible-Equity Chart
TPE:1617 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.
Jung Shing Wire Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jung Shing Wire Co'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 32.58% mean?
Jung Shing Wire Co (TPE:1617) has a Return-on-Tangible-Equity of 32.58% 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 Jung Shing Wire Co and its competitors. This is 517% above median its historical median of 5.28. Over the past decade, Jung Shing Wire Co's Return-on-Tangible-Equity has ranged from 0.71 to 12.62. According to the industry distribution chart, Jung Shing Wire Co ranks #1673 out of 2970 companies in the Industrial Products industry, placing it in the top 56.3%.
Is Jung Shing Wire Co's Return-on-Tangible-Equity too high?
Jung Shing Wire Co's current Return-on-Tangible-Equity of 32.58% is 517% above median its 10-year median of 5.28. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 12.62. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Jung Shing Wire Co's value of 32.58% is 384.5% above this industry median. Based on the distribution chart, Jung Shing Wire Co ranks #1673 out of 2970 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jung Shing Wire Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #1673 out of 2970 companies for Return-on-Tangible-Equity. This places Jung Shing Wire Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Jung Shing Wire Co's value of 32.58% is 384.5% above this benchmark. Historically, Jung Shing Wire Co's own Return-on-Tangible-Equity has ranged from 0.71 to 12.62 over the past decade. While the company's 10-year median is 5.28 vs. the industry median of 6.73, Jung Shing Wire 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.73, based on 2,970 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. Jung Shing Wire Co's current Return-on-Tangible-Equity of 32.58% is 384.5% 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 Jung Shing Wire Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jung Shing Wire Co's current Return-on-Tangible-Equity is 32.58%, which is 517% above median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.03, compared to a current price of NT$23.90 — trading 40.3% above its estimated fair value. The current Return-on-Tangible-Equity is 32.58%, which is 517% above median its 10-year median of 5.28 and 384.5% above the Industrial Products industry median of 6.73. Jung Shing Wire Co's overall GF Score™ is 72/100 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 Jung Shing Wire Co (TPE:1617), the current Return-on-Tangible-Equity is 32.58% 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?
Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be overvalued.
The current stock price of NT$23.90 is trading 40.3% above its estimated GF Value™ of NT$17.03.
GuruFocus considers Jung Shing Wire Co to be Significantly Overvalued.
Key valuation signals for TPE:1617:
Return-on-Tangible-Equity: 32.58% (517% above median its 10-year median of 5.28)
GF Value™: NT$17.03 vs. price of NT$23.90 (40.3% above fair value)
Industry Position: 384.5% above the Industrial Products median (#1673 of 2970)
No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
72GF Score
Get the complete analysis for TPE:1617
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