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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 Man-Made Fiber's annualized net income for the quarter that ended in Dec. 2025 was NT$-545 Mil. China Man-Made Fiber's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$21,472 Mil. Therefore, China Man-Made Fiber's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -2.54%.
The historical rank and industry rank for China Man-Made Fiber's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1718'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.49 Med: 0.08 Max: 6.39
Current: 0.56
During the past 13 years, China Man-Made Fiber's highest Return-on-Tangible-Equity was 6.39%. The lowest was -7.49%. And the median was 0.08%.
TPE:1718's Return-on-Tangible-Equity is ranked worse than 94.94% of 1523
companies
in the Banks industry
Industry Median: 11.23
vs TPE:1718: 0.56
China Man-Made Fiber (TPE:1718) 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 Man-Made Fiber Return-on-Tangible-Equity Related Terms
China Man-Made Fiber Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Man-Made Fiber'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 Man-Made Fiber Return-on-Tangible-Equity Chart
TPE:1718 vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, China Man-Made Fiber'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 Man-Made Fiber Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, China Man-Made Fiber's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Man-Made Fiber'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 -2.54% mean?
China Man-Made Fiber (TPE:1718) has a Return-on-Tangible-Equity of -2.54% 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 Man-Made Fiber and its competitors. According to the industry distribution chart, China Man-Made Fiber ranks #1446 out of 1523 companies in the Banks industry, placing it in the top 94.9%.
Is China Man-Made Fiber's Return-on-Tangible-Equity too high?
China Man-Made Fiber's current Return-on-Tangible-Equity is -2.54%. Based on the distribution chart, China Man-Made Fiber ranks #1446 out of 1523 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, China Man-Made Fiber has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Man-Made Fiber's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, China Man-Made Fiber ranks #1446 out of 1523 companies for Return-on-Tangible-Equity. This places China Man-Made Fiber in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.23. 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.23, based on 1,523 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 Man-Made Fiber and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Man-Made Fiber's current Return-on-Tangible-Equity is -2.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Man-Made Fiber stock overvalued right now?
Based on GuruFocus' analysis, China Man-Made Fiber (TPE:1718) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.34, compared to a current price of NT$13.65 — trading 46.1% above its estimated fair value. The current Return-on-Tangible-Equity is -2.54%. China Man-Made Fiber's overall GF Score™ is 62/100 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 China Man-Made Fiber (TPE:1718), the current Return-on-Tangible-Equity is -2.54% 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 Man-Made Fiber (TPE:1718) Overvalued in 2026?
Based on GuruFocus' analysis, China Man-Made Fiber stock appears to be overvalued.
The current stock price of NT$13.65 is trading 46.1% above its estimated GF Value™ of NT$9.34.
GuruFocus considers China Man-Made Fiber to be Significantly Overvalued.
Key valuation signals for TPE:1718:
Return-on-Tangible-Equity: -2.54%
GF Value™: NT$9.34 vs. price of NT$13.65 (46.1% above fair value)
No single metric tells the full story. See the TPE:1718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Man-Made Fiber Corp makes and sells chemicals and fiber products, including polyester yarn and filament, and rayon yarn and fiber, which are used to make apparel, footwear, and industrial cloth. The company's segments include Chemical Industry Department, Chemical Fiber Department, Bank departments, and other departments. The majority of its revenue is generated from banking departments.
62GF Score
Get the complete analysis for TPE:1718
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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