International CSRC Investment Holdings Co (TPE:2104) Return-on-Tangible-Equity: -14.11% (As of Dec. 2025)


TPE:2104 International CSRC Investment Holdings Co Ltd TPE:2104
63 GF Score
Price NT$10.45
GF Value NT$12.34
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is International CSRC Investment Holdings Co Return-on-Tangible-Equity?

International CSRC Investment Holdings Co TPE:2104 63 Return-on-Tangible-Equity is -14.11% as of Dec. 2025. GuruFocus rates TPE:2104 with a GF Score™ of 63/100 and a GF Value™ of NT$12.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,567 Chemicals companies, International CSRC Investment Holdings Co ranks worse than 89.6% 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. International CSRC Investment Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-3,420 Mil. International CSRC Investment Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$24,233 Mil. Therefore, International CSRC Investment Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -14.11%.

The historical rank and industry rank for International CSRC Investment Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:2104' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.03   Med: 3.21   Max: 12.44
Current: -15.03

During the past 13 years, International CSRC Investment Holdings Co's highest Return-on-Tangible-Equity was 12.44%. The lowest was -15.03%. And the median was 3.21%.

TPE:2104's Return-on-Tangible-Equity is ranked worse than
89.6% of 1567 companies
in the Chemicals industry
Industry Median: 5.7 vs TPE:2104: -15.03

International CSRC Investment Holdings Co  (TPE:2104) 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.


International CSRC Investment Holdings Co Return-on-Tangible-Equity Related Terms


International CSRC Investment Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for International CSRC Investment Holdings 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.

International CSRC Investment Holdings Co Return-on-Tangible-Equity Chart

International CSRC Investment Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 2.04 -1.48 -8.40 -14.98

International CSRC Investment Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.40 -3.03 -3.82 -43.40 -14.11

TPE:2104 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, International CSRC Investment Holdings 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.


International CSRC Investment Holdings Co Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, International CSRC Investment Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where International CSRC Investment Holdings Co's Return-on-Tangible-Equity falls into.


TPE:2104
63GF Score
International CSRC Investment Holdings Co Ltd TPE:2104
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International CSRC Investment Holdings Co Return-on-Tangible-Equity Calculation

International CSRC Investment Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-4148.725/( (31275.261+24132.117 )/ 2 )
=-4148.725/27703.689
=-14.98 %

International CSRC Investment Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-3419.556/( (24333.956+24132.117)/ 2 )
=-3419.556/24233.0365
=-14.11 %

* 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 -14.11% mean?
International CSRC Investment Holdings Co (TPE:2104) has a Return-on-Tangible-Equity of -14.11% 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 International CSRC Investment Holdings Co and its competitors. According to the industry distribution chart, International CSRC Investment Holdings Co ranks #1404 out of 1567 companies in the Chemicals industry, placing it in the top 89.6%.
Is International CSRC Investment Holdings Co's Return-on-Tangible-Equity too high?
International CSRC Investment Holdings Co's current Return-on-Tangible-Equity is -14.11%. Based on the distribution chart, International CSRC Investment Holdings Co ranks #1404 out of 1567 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, International CSRC Investment Holdings 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 International CSRC Investment Holdings Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, International CSRC Investment Holdings Co ranks #1404 out of 1567 companies for Return-on-Tangible-Equity. This places International CSRC Investment Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.70. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,567 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 International CSRC Investment Holdings Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International CSRC Investment Holdings Co's current Return-on-Tangible-Equity is -14.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International CSRC Investment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, International CSRC Investment Holdings Co (TPE:2104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.34, compared to a current price of NT$10.45 — trading 15.3% below its estimated fair value. The current Return-on-Tangible-Equity is -14.11%. International CSRC Investment Holdings Co's overall GF Score™ is 63/100 with 5 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 International CSRC Investment Holdings Co (TPE:2104), the current Return-on-Tangible-Equity is -14.11% 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 International CSRC Investment Holdings Co (TPE:2104) Overvalued in 2026?

Based on GuruFocus' analysis, International CSRC Investment Holdings Co stock appears to be undervalued. The current stock price of NT$10.45 is trading 15.3% below its estimated GF Value™ of NT$12.34. GuruFocus considers International CSRC Investment Holdings Co to be Modestly Undervalued.

Key valuation signals for TPE:2104:

  • Return-on-Tangible-Equity: -14.11%
  • GF Value™: NT$12.34 vs. price of NT$10.45 (15.3% below fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the TPE:2104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International CSRC Investment Holdings Co Business Description

Address Zhongshan North Road, 8th Floor, No.113, Section 2, Taipei, TWN, 104
International CSRC Investment Holdings Co Ltd produces carbon black, a material for tire and other rubber products. It started power and steam co-generation system operations in December. The corporation also engages in biotechnology research and development. Its products and services include Tire Applications, Application of rubber products, Application of plastic products, Ink and Coating Application, Battery material applications, Ouroboros solutions, and Testing and analysis services. Its segments include Carbon Black, Biotechnology, and Others with the majority of revenue deriving from Carbon Black. It operates in two principal geographical areas: Asia and America with majority of revenue deriving from Aisa.
63GF Score

Get the complete analysis for TPE:2104

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$10.45
Price
NT$12.34
GF Value