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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. Danen Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$-58.64 Mil. Danen Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$675.80 Mil. Therefore, Danen Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -8.68%.
The historical rank and industry rank for Danen Technology's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3686'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -89.71 Med: -11.55 Max: -0.62
Current: -5.51
During the past 13 years, Danen Technology's highest Return-on-Tangible-Equity was -0.62%. The lowest was -89.71%. And the median was -11.55%.
TPE:3686's Return-on-Tangible-Equity is ranked worse than 74.59% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs TPE:3686: -5.51
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.
Danen Technology Return-on-Tangible-Equity Related Terms
Danen Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Danen Technology'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.
TPE:3686 vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Danen Technology'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.
Danen Technology Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Danen Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Danen Technology'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 -8.68% mean?
Danen Technology (TPE:3686) has a Return-on-Tangible-Equity of -8.68% 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 Danen Technology and its competitors. According to the industry distribution chart, Danen Technology ranks #734 out of 984 companies in the Semiconductors industry, placing it in the top 74.6%.
Is Danen Technology's Return-on-Tangible-Equity too high?
Danen Technology's current Return-on-Tangible-Equity is -8.68%. Based on the distribution chart, Danen Technology ranks #734 out of 984 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Danen Technology has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Danen Technology's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Danen Technology ranks #734 out of 984 companies for Return-on-Tangible-Equity. This places Danen Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.24. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 984 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 Danen Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danen Technology's current Return-on-Tangible-Equity is -8.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danen Technology stock overvalued right now?
Based on GuruFocus' analysis, Danen Technology (TPE:3686) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.11, compared to a current price of NT$16.20 — trading 47.9% below its estimated fair value. The current Return-on-Tangible-Equity is -8.68%. Danen Technology's overall GF Score™ is 60/100 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 Danen Technology (TPE:3686), the current Return-on-Tangible-Equity is -8.68% 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 Danen Technology (TPE:3686) Overvalued in 2026?
Based on GuruFocus' analysis, Danen Technology stock appears to be undervalued.
The current stock price of NT$16.20 is trading 47.9% below its estimated GF Value™ of NT$31.11.
GuruFocus considers Danen Technology to be Possible Value Trap.
Key valuation signals for TPE:3686:
Return-on-Tangible-Equity: -8.68%
GF Value™: NT$31.11 vs. price of NT$16.20 (47.9% below fair value)
No single metric tells the full story. See the TPE:3686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danen Technology Corp is mainly engaged in renewable energy equipment power generating and energy technology consulting services. The company is a manufacturer of alternative energy components with specialized technology, initially producing solar silicon wafers for the solar photovoltaic industry. Currently, the company's main source of short-term revenue is the trading of electronic materials, with products mainly including memory chips and DIMMs from manufacturers. Its electronic materials sales projects include DRAM CHIP Original & Re-ball from Hynix, Samsung and Micro DRAM Chip, and Long DIMM & SODIMM from Hynix, Samsung, and Hsin Keung Green Edition. The company generates revenue from Taiwan.
60GF Score
Get the complete analysis for TPE:3686
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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