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Hwang Chang General Contractor CoTPE:2543 +0.51%80 Return-on-Tangible-Equity is 16.31% as of Dec. 2025, which is 130% above its 10-year median of 7.10. GuruFocus rates TPE:2543 with a GF Score™ of 80/100 and a GF Value™ of NT$33.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,712 Construction companies, Hwang Chang General Contractor Co ranks better than 70.56% on this metric.
The historical rank and industry rank for Hwang Chang General Contractor Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2543'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.11 Med: 7.1 Max: 40.65
Current: 15.57
During the past 13 years, Hwang Chang General Contractor Co's highest Return-on-Tangible-Equity was 40.65%. The lowest was -23.11%. And the median was 7.10%.
TPE:2543's Return-on-Tangible-Equity is ranked better than 70.56% of 1712
companies
in the Construction industry
Industry Median: 8.22
vs TPE:2543: 15.57
Hwang Chang General Contractor Co (TPE:2543) 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.
Hwang Chang General Contractor Co Return-on-Tangible-Equity Related Terms
Hwang Chang General Contractor Co Return-on-Tangible-Equity Historical Data
* 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.
Hwang Chang General Contractor Co Return-on-Tangible-Equity Chart
TPE:2543 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Hwang Chang General Contractor 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.
Hwang Chang General Contractor Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Hwang Chang General Contractor Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hwang Chang General Contractor 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 16.31% mean?
Hwang Chang General Contractor Co (TPE:2543) has a Return-on-Tangible-Equity of 16.31% 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 Hwang Chang General Contractor Co and its competitors. This is 130% above median its historical median of 7.10. According to the industry distribution chart, Hwang Chang General Contractor Co ranks #504 out of 1712 companies in the Construction industry, placing it in the top 29.4%.
Is Hwang Chang General Contractor Co's Return-on-Tangible-Equity too high?
Hwang Chang General Contractor Co's current Return-on-Tangible-Equity of 16.31% is 130% above median its 10-year median of 7.10. The Construction industry median Return-on-Tangible-Equity is 8.22. Hwang Chang General Contractor Co's value of 16.31% is 98.4% above this industry median. Based on the distribution chart, Hwang Chang General Contractor Co ranks #504 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Hwang Chang General Contractor Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwang Chang General Contractor Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Hwang Chang General Contractor Co ranks #504 out of 1712 companies for Return-on-Tangible-Equity. This puts Hwang Chang General Contractor Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.22. Hwang Chang General Contractor Co's value of 16.31% is 98.4% above this benchmark. While the company's 10-year median is 7.10 vs. the industry median of 8.22, Hwang Chang General Contractor 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.22, based on 1,712 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. Hwang Chang General Contractor Co's current Return-on-Tangible-Equity of 16.31% is 98.4% 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 Hwang Chang General Contractor Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwang Chang General Contractor Co's current Return-on-Tangible-Equity is 16.31%, which is 130% above median its own 10-year median of 7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwang Chang General Contractor Co stock overvalued right now?
Based on GuruFocus' analysis, Hwang Chang General Contractor Co (TPE:2543) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$33.51, compared to a current price of NT$39.75 — trading 18.6% above its estimated fair value. The current Return-on-Tangible-Equity is 16.31%, which is 130% above median its 10-year median of 7.10 and 98.4% above the Construction industry median of 8.22. Hwang Chang General Contractor Co's overall GF Score™ is 80/100 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 Hwang Chang General Contractor Co (TPE:2543), the current Return-on-Tangible-Equity is 16.31% 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 Hwang Chang General Contractor Co (TPE:2543) Overvalued in 2026?
Based on GuruFocus' analysis, Hwang Chang General Contractor Co stock appears to be overvalued.
The current stock price of NT$39.75 is trading 18.6% above its estimated GF Value™ of NT$33.51.
GuruFocus considers Hwang Chang General Contractor Co to be Modestly Overvalued.
Key valuation signals for TPE:2543:
Return-on-Tangible-Equity: 16.31% (130% above median its 10-year median of 7.10)
GF Value™: NT$33.51 vs. price of NT$39.75 (18.6% above fair value)
Industry Position: 98.4% above the Construction median (#504 of 1712)
No single metric tells the full story. See the TPE:2543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwang Chang General Contractor Co Business Description
Hwang Chang General Contractor Co Ltd is mainly engaged in the contracting business of civil engineering projects. It undertakes projects like the construction of bridges, metro stations, parking lots, residential complexes, highways, etc. The company's reportable segments are Construction and Concrete. A majority of its revenue is generated from the Construction segment, which is mainly engaged in the contracting business of civil engineering projects. The Concrete segment is mainly engaged in the manufacturing and selling business of ready-mix concrete.
80GF Score
Get the complete analysis for TPE:2543
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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