Shinkong Insurance CoTPE:2850 70 Return-on-Tangible-Equity is 23.95% as of Dec. 2025, which is 55% above its 10-year median of 15.41. GuruFocus rates TPE:2850 with a GF Score™ of 70/100 and a GF Value™ of NT$101.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 499 Insurance companies, Shinkong Insurance Co ranks better than 67.74% 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. Shinkong Insurance Co's annualized net income for the quarter that ended in Dec. 2025 was NT$4,817 Mil. Shinkong Insurance Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$20,111 Mil. Therefore, Shinkong Insurance Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 23.95%.
The historical rank and industry rank for Shinkong Insurance Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2850'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.58 Med: 15.41 Max: 19.92
Current: 19.92
During the past 13 years, Shinkong Insurance Co's highest Return-on-Tangible-Equity was 19.92%. The lowest was 12.58%. And the median was 15.41%.
TPE:2850's Return-on-Tangible-Equity is ranked better than 67.74% of 499
companies
in the Insurance industry
Industry Median: 13.32
vs TPE:2850: 19.92
Shinkong Insurance Co (TPE:2850) 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.
Shinkong Insurance Co Return-on-Tangible-Equity Related Terms
Shinkong Insurance Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Shinkong Insurance 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.
Shinkong Insurance Co Return-on-Tangible-Equity Chart
TPE:2850 vs CB, PGR, TRV: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, Shinkong Insurance 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.
Shinkong Insurance Co Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Shinkong Insurance Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shinkong Insurance 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 23.95% mean?
Shinkong Insurance Co (TPE:2850) has a Return-on-Tangible-Equity of 23.95% 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 Shinkong Insurance Co and its competitors. This is 55% above median its historical median of 15.41. Over the past decade, Shinkong Insurance Co's Return-on-Tangible-Equity has ranged from 12.58 to 19.92. According to the industry distribution chart, Shinkong Insurance Co ranks #161 out of 499 companies in the Insurance industry, placing it in the top 32.3%.
Is Shinkong Insurance Co's Return-on-Tangible-Equity too high?
Shinkong Insurance Co's current Return-on-Tangible-Equity of 23.95% is 55% above median its 10-year median of 15.41. Over the past 10 years, this metric has ranged from a low of 12.58 to a high of 19.92. The Insurance industry median Return-on-Tangible-Equity is 13.32. Shinkong Insurance Co's value of 23.95% is 79.8% above this industry median. Based on the distribution chart, Shinkong Insurance Co ranks #161 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, Shinkong Insurance Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Insurance Co's Return-on-Tangible-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, Shinkong Insurance Co ranks #161 out of 499 companies for Return-on-Tangible-Equity. This puts Shinkong Insurance Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.32. Shinkong Insurance Co's value of 23.95% is 79.8% above this benchmark. Historically, Shinkong Insurance Co's own Return-on-Tangible-Equity has ranged from 12.58 to 19.92 over the past decade. While the company's 10-year median is 15.41 vs. the industry median of 13.32, Shinkong Insurance 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.32, based on 499 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. Shinkong Insurance Co's current Return-on-Tangible-Equity of 23.95% is 79.8% 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 Shinkong Insurance Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinkong Insurance Co's current Return-on-Tangible-Equity is 23.95%, which is 55% above median its own 10-year median of 15.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Insurance Co (TPE:2850) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$101.70, compared to a current price of NT$143.50 — trading 41.1% above its estimated fair value. The current Return-on-Tangible-Equity is 23.95%, which is 55% above median its 10-year median of 15.41 and 79.8% above the Insurance industry median of 13.32. Shinkong Insurance Co's overall GF Score™ is 70/100 with 7 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 Shinkong Insurance Co (TPE:2850), the current Return-on-Tangible-Equity is 23.95% 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 Shinkong Insurance Co (TPE:2850) Overvalued in 2026?
Based on GuruFocus' analysis, Shinkong Insurance Co stock appears to be overvalued.
The current stock price of NT$143.50 is trading 41.1% above its estimated GF Value™ of NT$101.70.
GuruFocus considers Shinkong Insurance Co to be Significantly Overvalued.
Key valuation signals for TPE:2850:
Return-on-Tangible-Equity: 23.95% (55% above median its 10-year median of 15.41)
GF Value™: NT$101.70 vs. price of NT$143.50 (41.1% above fair value)
Industry Position: 79.8% above the Insurance median (#161 of 499)
No single metric tells the full story. See the TPE:2850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinkong Insurance Co Ltd is one of the property and casualty insurance company. The product portfolio of the company comprises accident and health insurance, liability insurance, engineering insurance, marine insurance, fire insurance, motor insurance, amd others.
70GF Score
Get the complete analysis for TPE:2850
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