Fusheng Precision Co (TPE:6670) Return-on-Tangible-Equity: 34.18% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6670 Fusheng Precision Co Ltd TPE:6670
98 GF Score
Price NT$259.50
GF Value NT$282.36
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Fusheng Precision Co Return-on-Tangible-Equity?

Fusheng Precision Co TPE:6670 -1.33% 98 Return-on-Tangible-Equity is 34.18% as of Dec. 2025, which is 8% below its 10-year median of 37.28. GuruFocus rates TPE:6670 with a GF Score™ of 98/100 and a GF Value™ of NT$282.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 793 Travel & Leisure companies, Fusheng Precision Co ranks better than 76.04% 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. Fusheng Precision Co's annualized net income for the quarter that ended in Dec. 2025 was NT$4,399 Mil. Fusheng Precision Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$12,871 Mil. Therefore, Fusheng Precision Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 34.18%.

The historical rank and industry rank for Fusheng Precision Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:6670' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.34   Med: 37.28   Max: 85.77
Current: 23.72

During the past 13 years, Fusheng Precision Co's highest Return-on-Tangible-Equity was 85.77%. The lowest was 19.34%. And the median was 37.28%.

TPE:6670's Return-on-Tangible-Equity is ranked better than
76.04% of 793 companies
in the Travel & Leisure industry
Industry Median: 7.69 vs TPE:6670: 23.72

Fusheng Precision Co  (TPE:6670) 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.


Fusheng Precision Co Return-on-Tangible-Equity Related Terms


Fusheng Precision Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fusheng Precision 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.

Fusheng Precision Co Return-on-Tangible-Equity Chart

Fusheng Precision 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 37.44 53.48 22.52 31.54 22.80

Fusheng Precision 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 40.44 33.78 9.55 16.81 34.18

TPE:6670 vs AS, HAS, LTH: Return-on-Tangible-Equity Comparison

For the Leisure subindustry, Fusheng Precision 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.


Fusheng Precision Co Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fusheng Precision Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fusheng Precision Co's Return-on-Tangible-Equity falls into.


TPE:6670
98GF Score
Fusheng Precision Co Ltd TPE:6670
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fusheng Precision Co Return-on-Tangible-Equity Calculation

Fusheng Precision 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 )
=3121.39/( (13573.5+13806.711 )/ 2 )
=3121.39/13690.1055
=22.80 %

Fusheng Precision 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 )
=4399.42/( (11934.972+13806.711)/ 2 )
=4399.42/12870.8415
=34.18 %

* 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 34.18% mean?
Fusheng Precision Co (TPE:6670) has a Return-on-Tangible-Equity of 34.18% 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 Fusheng Precision Co and its competitors. This is near median its historical median of 37.28. Over the past decade, Fusheng Precision Co's Return-on-Tangible-Equity has ranged from 19.34 to 85.77. According to the industry distribution chart, Fusheng Precision Co ranks #190 out of 793 companies in the Travel & Leisure industry, placing it in the top 24%.
Is Fusheng Precision Co's Return-on-Tangible-Equity too high?
Fusheng Precision Co's current Return-on-Tangible-Equity of 34.18% is near median its 10-year median of 37.28. Over the past 10 years, this metric has ranged from a low of 19.34 to a high of 85.77. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Fusheng Precision Co's value of 34.18% is 344.5% above this industry median. Based on the distribution chart, Fusheng Precision Co ranks #190 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Fusheng Precision Co has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fusheng Precision Co's Return-on-Tangible-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Fusheng Precision Co ranks #190 out of 793 companies for Return-on-Tangible-Equity. This places Fusheng Precision Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.69. Fusheng Precision Co's value of 34.18% is 344.5% above this benchmark. Historically, Fusheng Precision Co's own Return-on-Tangible-Equity has ranged from 19.34 to 85.77 over the past decade. While the company's 10-year median is 37.28 vs. the industry median of 7.69, Fusheng Precision 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 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. Fusheng Precision Co's current Return-on-Tangible-Equity of 34.18% is 344.5% 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 Fusheng Precision Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fusheng Precision Co's current Return-on-Tangible-Equity is 34.18%, which is near median its own 10-year median of 37.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusheng Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Fusheng Precision Co (TPE:6670) is currently considered Fairly Valued. The stock's GF Value™ is NT$282.36, compared to a current price of NT$259.50 — trading 8.1% below its estimated fair value. The current Return-on-Tangible-Equity is 34.18%, which is near median its 10-year median of 37.28 and 344.5% above the Travel & Leisure industry median of 7.69. Fusheng Precision Co's overall GF Score™ is 98/100 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 Fusheng Precision Co (TPE:6670), the current Return-on-Tangible-Equity is 34.18% 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 Fusheng Precision Co (TPE:6670) Overvalued in 2026?

Based on GuruFocus' analysis, Fusheng Precision Co stock appears to be undervalued. The current stock price of NT$259.50 is trading 8.1% below its estimated GF Value™ of NT$282.36. GuruFocus considers Fusheng Precision Co to be Fairly Valued.

Key valuation signals for TPE:6670:

  • Return-on-Tangible-Equity: 34.18% (near median its 10-year median of 37.28)
  • GF Value™: NT$282.36 vs. price of NT$259.50 (8.1% below fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 344.5% above the Travel & Leisure median (#190 of 793)

No single metric tells the full story. See the TPE:6670 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fusheng Precision Co Business Description

Address No. 172, Section 2, Nanjing East Road, 3rd Floor, Zhongshan District, Taipei, TWN
Fusheng Precision Co Ltd operates as a Taiwan-based precision manufacturer and contract manufacturer company. Its business segments include i) the Golf Business Segment: This segment is responsible for the manufacturing and sales of golf club head and shafts. ii) Sports Equipment Business Segment: This segment is responsible for the manufacture and sales of boots, helmets and protective gear for ice hockey, cross-country motorcycles, baseball, skiing and other related sports. The majority of the company's revenue is derived from the Golf Business Segment. Geographically, the maximum revenue is generated from the United States, and the rest from Japan and Others.
98GF Score

Get the complete analysis for TPE:6670

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

NT$259.50
Price
NT$282.36
GF Value