Chin Hsin Environ Engineering Co (TPE:6951) Return-on-Tangible-Equity: 19.54% (As of Dec. 2025) — 10% Below 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:6951 Chin Hsin Environ Engineering Co Ltd TPE:6951
74 GF Score
Price NT$72.20
GF Value NT$79.66
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Chin Hsin Environ Engineering Co Return-on-Tangible-Equity?

Chin Hsin Environ Engineering Co TPE:6951 -1.50% 74 Return-on-Tangible-Equity is 19.54% as of Dec. 2025, which is 10% below its 10-year median of 21.66. GuruFocus rates TPE:6951 with a GF Score™ of 74/100 and a GF Value™ of NT$79.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 225 Waste Management companies, Chin Hsin Environ Engineering Co ranks better than 79.11% 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. Chin Hsin Environ Engineering Co's annualized net income for the quarter that ended in Dec. 2025 was NT$206.8 Mil. Chin Hsin Environ Engineering Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,058.7 Mil. Therefore, Chin Hsin Environ Engineering Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.54%.

The historical rank and industry rank for Chin Hsin Environ Engineering Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:6951' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.77   Med: 21.66   Max: 38.81
Current: 24.16

During the past 6 years, Chin Hsin Environ Engineering Co's highest Return-on-Tangible-Equity was 38.81%. The lowest was 14.77%. And the median was 21.66%.

TPE:6951's Return-on-Tangible-Equity is ranked better than
79.11% of 225 companies
in the Waste Management industry
Industry Median: 9.67 vs TPE:6951: 24.16

Chin Hsin Environ Engineering Co  (TPE:6951) 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.


Chin Hsin Environ Engineering Co Return-on-Tangible-Equity Related Terms


Chin Hsin Environ Engineering Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Chin Hsin Environ Engineering 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.

Chin Hsin Environ Engineering Co Return-on-Tangible-Equity Chart

Chin Hsin Environ Engineering Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 14.77 19.62 19.48 26.79 23.69

Chin Hsin Environ Engineering Co Quarterly Data
Dec20 Dec21 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 27.07 19.98 23.54 34.59 19.54

TPE:6951 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison

For the Waste Management subindustry, Chin Hsin Environ Engineering 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.


Chin Hsin Environ Engineering Co Return-on-Tangible-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Chin Hsin Environ Engineering Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chin Hsin Environ Engineering Co's Return-on-Tangible-Equity falls into.


TPE:6951
74GF Score
Chin Hsin Environ Engineering Co Ltd TPE:6951
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chin Hsin Environ Engineering Co Return-on-Tangible-Equity Calculation

Chin Hsin Environ Engineering 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 )
=247.739/( (1006.099+1085.321 )/ 2 )
=247.739/1045.71
=23.69 %

Chin Hsin Environ Engineering 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 )
=206.828/( (1032.013+1085.321)/ 2 )
=206.828/1058.667
=19.54 %

* 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 19.54% mean?
Chin Hsin Environ Engineering Co (TPE:6951) has a Return-on-Tangible-Equity of 19.54% 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 Chin Hsin Environ Engineering Co and its competitors. This is 10% below median its historical median of 21.66. Over the past decade, Chin Hsin Environ Engineering Co's Return-on-Tangible-Equity has ranged from 14.77 to 38.81. According to the industry distribution chart, Chin Hsin Environ Engineering Co ranks #47 out of 225 companies in the Waste Management industry, placing it in the top 20.9%.
Is Chin Hsin Environ Engineering Co's Return-on-Tangible-Equity too high?
Chin Hsin Environ Engineering Co's current Return-on-Tangible-Equity of 19.54% is 10% below median its 10-year median of 21.66. Over the past 10 years, this metric has ranged from a low of 14.77 to a high of 38.81. The Waste Management industry median Return-on-Tangible-Equity is 9.67. Chin Hsin Environ Engineering Co's value of 19.54% is 102.1% above this industry median. Based on the distribution chart, Chin Hsin Environ Engineering Co ranks #47 out of 225 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Chin Hsin Environ Engineering Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chin Hsin Environ Engineering Co's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Chin Hsin Environ Engineering Co ranks #47 out of 225 companies for Return-on-Tangible-Equity. This places Chin Hsin Environ Engineering Co in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.67. Chin Hsin Environ Engineering Co's value of 19.54% is 102.1% above this benchmark. Historically, Chin Hsin Environ Engineering Co's own Return-on-Tangible-Equity has ranged from 14.77 to 38.81 over the past decade. While the company's 10-year median is 21.66 vs. the industry median of 9.67, Chin Hsin Environ Engineering 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.67, based on 225 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. Chin Hsin Environ Engineering Co's current Return-on-Tangible-Equity of 19.54% is 102.1% 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 Chin Hsin Environ Engineering Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chin Hsin Environ Engineering Co's current Return-on-Tangible-Equity is 19.54%, which is 10% below median its own 10-year median of 21.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chin Hsin Environ Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Chin Hsin Environ Engineering Co (TPE:6951) is currently considered Fairly Valued. The stock's GF Value™ is NT$79.66, compared to a current price of NT$72.20 — trading 9.4% below its estimated fair value. The current Return-on-Tangible-Equity is 19.54%, which is 10% below median its 10-year median of 21.66 and 102.1% above the Waste Management industry median of 9.67. Chin Hsin Environ Engineering Co's overall GF Score™ is 74/100 with 4 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 Chin Hsin Environ Engineering Co (TPE:6951), the current Return-on-Tangible-Equity is 19.54% 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 Chin Hsin Environ Engineering Co (TPE:6951) Overvalued in 2026?

Based on GuruFocus' analysis, Chin Hsin Environ Engineering Co stock appears to be undervalued. The current stock price of NT$72.20 is trading 9.4% below its estimated GF Value™ of NT$79.66. GuruFocus considers Chin Hsin Environ Engineering Co to be Fairly Valued.

Key valuation signals for TPE:6951:

  • Return-on-Tangible-Equity: 19.54% (10% below median its 10-year median of 21.66)
  • GF Value™: NT$79.66 vs. price of NT$72.20 (9.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 102.1% above the Waste Management median (#47 of 225)

No single metric tells the full story. See the TPE:6951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chin Hsin Environ Engineering Co Business Description

Address No. 58-1, Yanping Road, Yunlin County, Citong, TWN, 647008
Chin Hsin Environ Engineering Co Ltd offers the removal of general, hazardous industrial waste and biomedical waste produced by business institutions and medical institutions in Taiwan. It offers hazardous industrial waste and biomedical waste treatment for business institutions and medical institutions. The firm's segment comprises: Disposal Department, Treatment, Plastic-Wood Department, and Environmental Safety Department. The firm generates the majority of its revenue from the Disposal Department, which includes Medical Waste and Industrial Waste.
74GF Score

Get the complete analysis for TPE:6951

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

NT$72.20
Price
NT$79.66
GF Value