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Chih Lien Industrial CoTPE:2024 -2.87%63 Return-on-Tangible-Equity is 2.78% as of Dec. 2025, which is 11% below its 10-year median of 3.12. GuruFocus rates TPE:2024 with a GF Score™ of 63/100 and a GF Value™ of NT$16.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 615 Steel companies, Chih Lien Industrial Co ranks worse than 73.01% 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. Chih Lien Industrial Co's annualized net income for the quarter that ended in Dec. 2025 was NT$30.8 Mil. Chih Lien Industrial Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,111.0 Mil. Therefore, Chih Lien Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.78%.
The historical rank and industry rank for Chih Lien Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2024'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.78 Med: 3.12 Max: 12.01
Current: -0.53
During the past 13 years, Chih Lien Industrial Co's highest Return-on-Tangible-Equity was 12.01%. The lowest was -4.78%. And the median was 3.12%.
TPE:2024's Return-on-Tangible-Equity is ranked worse than 73.01% of 615
companies
in the Steel industry
Industry Median: 4.1
vs TPE:2024: -0.53
Chih Lien Industrial Co (TPE:2024) 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.
Chih Lien Industrial Co Return-on-Tangible-Equity Related Terms
Chih Lien Industrial Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chih Lien Industrial 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.
Chih Lien Industrial Co Return-on-Tangible-Equity Chart
TPE:2024 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Chih Lien Industrial 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.
Chih Lien Industrial Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Chih Lien Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chih Lien Industrial 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 2.78% mean?
Chih Lien Industrial Co (TPE:2024) has a Return-on-Tangible-Equity of 2.78% 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 Chih Lien Industrial Co and its competitors. This is 11% below median its historical median of 3.12. According to the industry distribution chart, Chih Lien Industrial Co ranks #449 out of 615 companies in the Steel industry, placing it in the top 73%.
Is Chih Lien Industrial Co's Return-on-Tangible-Equity too high?
Chih Lien Industrial Co's current Return-on-Tangible-Equity of 2.78% is 11% below median its 10-year median of 3.12. The Steel industry median Return-on-Tangible-Equity is 4.10. Chih Lien Industrial Co's value of 2.78% is 32.2% below this industry median. Based on the distribution chart, Chih Lien Industrial Co ranks #449 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Chih Lien Industrial Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chih Lien Industrial Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Chih Lien Industrial Co ranks #449 out of 615 companies for Return-on-Tangible-Equity. This places Chih Lien Industrial Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.10. Chih Lien Industrial Co's value of 2.78% is 32.2% below this benchmark. While the company's 10-year median is 3.12 vs. the industry median of 4.10, Chih Lien Industrial Co has consistently been below 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 4.10, based on 615 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. Chih Lien Industrial Co's current Return-on-Tangible-Equity of 2.78% is 32.2% below 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 Chih Lien Industrial Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chih Lien Industrial Co's current Return-on-Tangible-Equity is 2.78%, which is 11% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chih Lien Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chih Lien Industrial Co (TPE:2024) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.86, compared to a current price of NT$13.55 — trading 19.6% below its estimated fair value. The current Return-on-Tangible-Equity is 2.78%, which is 11% below median its 10-year median of 3.12 and 32.2% below the Steel industry median of 4.10. Chih Lien Industrial Co's overall GF Score™ is 63/100 with 4 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 Chih Lien Industrial Co (TPE:2024), the current Return-on-Tangible-Equity is 2.78% 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 Chih Lien Industrial Co (TPE:2024) Overvalued in 2026?
Based on GuruFocus' analysis, Chih Lien Industrial Co stock appears to be undervalued.
The current stock price of NT$13.55 is trading 19.6% below its estimated GF Value™ of NT$16.86.
GuruFocus considers Chih Lien Industrial Co to be Modestly Undervalued.
Key valuation signals for TPE:2024:
Return-on-Tangible-Equity: 2.78% (11% below median its 10-year median of 3.12)
GF Value™: NT$16.86 vs. price of NT$13.55 (19.6% below fair value)
Industry Position: 32.2% below the Steel median (#449 of 615)
No single metric tells the full story. See the TPE:2024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chih Lien Industrial Co Ltd operates in the steel industry. Company is mainly engaged in the manufacturing, processing and trading of steel wire and steel bars. The Company operates in a single industry and is mainly engaged in the manufacturing and processing of steel wire and steel bars with similar end-use products. The company has presence in Taiwan, China, Indonesia, Malaysia, and Other. The company generates majority of revenue from Taiwan.
63GF Score
Get the complete analysis for TPE:2024
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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