China Steel Structure CoTPE:2013 +0.36%81 Return-on-Tangible-Equity is 13.29% as of Dec. 2025, which is 39% above its 10-year median of 9.55. GuruFocus rates TPE:2013 with a GF Score™ of 81/100 and a GF Value™ of NT$57.90 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 614 Steel companies, China Steel Structure Co ranks better than 79.64% 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. China Steel Structure Co's annualized net income for the quarter that ended in Dec. 2025 was NT$740 Mil. China Steel Structure Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,571 Mil. Therefore, China Steel Structure Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.29%.
The historical rank and industry rank for China Steel Structure Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2013'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.29 Med: 9.55 Max: 13.89
Current: 11.64
During the past 13 years, China Steel Structure Co's highest Return-on-Tangible-Equity was 13.89%. The lowest was 1.29%. And the median was 9.55%.
TPE:2013's Return-on-Tangible-Equity is ranked better than 79.64% of 614
companies
in the Steel industry
Industry Median: 3.95
vs TPE:2013: 11.64
China Steel Structure Co (TPE:2013) 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 Steel Structure Co Return-on-Tangible-Equity Related Terms
China Steel Structure Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Steel Structure 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.
China Steel Structure Co Return-on-Tangible-Equity Chart
TPE:2013 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, China Steel Structure 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.
China Steel Structure Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel Structure Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Steel Structure 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 13.29% mean?
China Steel Structure Co (TPE:2013) has a Return-on-Tangible-Equity of 13.29% 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 Steel Structure Co and its competitors. This is 39% above median its historical median of 9.55. Over the past decade, China Steel Structure Co's Return-on-Tangible-Equity has ranged from 1.29 to 13.89. According to the industry distribution chart, China Steel Structure Co ranks #125 out of 614 companies in the Steel industry, placing it in the top 20.4%.
Is China Steel Structure Co's Return-on-Tangible-Equity too high?
China Steel Structure Co's current Return-on-Tangible-Equity of 13.29% is 39% above median its 10-year median of 9.55. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 13.89. The Steel industry median Return-on-Tangible-Equity is 3.95. China Steel Structure Co's value of 13.29% is 236.5% above this industry median. Based on the distribution chart, China Steel Structure Co ranks #125 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, China Steel Structure Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel Structure Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel Structure Co ranks #125 out of 614 companies for Return-on-Tangible-Equity. This places China Steel Structure Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.95. China Steel Structure Co's value of 13.29% is 236.5% above this benchmark. Historically, China Steel Structure Co's own Return-on-Tangible-Equity has ranged from 1.29 to 13.89 over the past decade. While the company's 10-year median is 9.55 vs. the industry median of 3.95, China Steel Structure 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.95, based on 614 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. China Steel Structure Co's current Return-on-Tangible-Equity of 13.29% is 236.5% 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 China Steel Structure Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel Structure Co's current Return-on-Tangible-Equity is 13.29%, which is 39% above median its own 10-year median of 9.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, China Steel Structure Co (TPE:2013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.90, compared to a current price of NT$41.40 — trading 28.5% below its estimated fair value. The current Return-on-Tangible-Equity is 13.29%, which is 39% above median its 10-year median of 9.55 and 236.5% above the Steel industry median of 3.95. China Steel Structure Co's overall GF Score™ is 81/100 with 1 warning sign 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 Steel Structure Co (TPE:2013), the current Return-on-Tangible-Equity is 13.29% 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 Steel Structure Co (TPE:2013) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel Structure Co stock appears to be undervalued.
The current stock price of NT$41.40 is trading 28.5% below its estimated GF Value™ of NT$57.90.
GuruFocus considers China Steel Structure Co to be Modestly Undervalued.
Key valuation signals for TPE:2013:
Return-on-Tangible-Equity: 13.29% (39% above median its 10-year median of 9.55)
GF Value™: NT$57.90 vs. price of NT$41.40 (28.5% below fair value)
Industry Position: 236.5% above the Steel median (#125 of 614)
No single metric tells the full story. See the TPE:2013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Structure Co Ltd is engaged in designing, processing, manufacturing, assembling and selling steel built-up sections; providing technical services for the construction of steel structures, importing and exporting metal and construction materials and real estate leasing. The Group's reportable segments are CSSC, USEC and Others and generates majority revenue from CSSC segment. Geographically, the Group mainly operates in Taiwan region.
81GF Score
Get the complete analysis for TPE:2013
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