Chien Shing Harbour Service Co (TPE:8367) Return-on-Tangible-Equity: 16.06% (As of Dec. 2025) — 26% Above Median


TPE:8367 Chien Shing Harbour Service Co Ltd TPE:8367
74 GF Score
Price NT$40.25
GF Value NT$68.04
Valuation Possible Value Trap
! 6 Warning Signs
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What is Chien Shing Harbour Service Co Return-on-Tangible-Equity?

Chien Shing Harbour Service Co TPE:8367 +0.63% 74 Return-on-Tangible-Equity is 16.06% as of Dec. 2025, which is 26% above its 10-year median of 12.79. GuruFocus rates TPE:8367 with a GF Score™ of 74/100 and a GF Value™ of NT$68.04 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 976 Transportation companies, Chien Shing Harbour Service Co ranks better than 62.7% 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. Chien Shing Harbour Service Co's annualized net income for the quarter that ended in Dec. 2025 was NT$460 Mil. Chien Shing Harbour Service Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,862 Mil. Therefore, Chien Shing Harbour Service Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.06%.

The historical rank and industry rank for Chien Shing Harbour Service Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:8367' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.83   Med: 12.79   Max: 33.89
Current: 12.44

During the past 13 years, Chien Shing Harbour Service Co's highest Return-on-Tangible-Equity was 33.89%. The lowest was 11.83%. And the median was 12.79%.

TPE:8367's Return-on-Tangible-Equity is ranked better than
62.7% of 976 companies
in the Transportation industry
Industry Median: 8.97 vs TPE:8367: 12.44

Chien Shing Harbour Service Co  (TPE:8367) 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.


Chien Shing Harbour Service Co Return-on-Tangible-Equity Related Terms


Chien Shing Harbour Service Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Chien Shing Harbour Service 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.

Chien Shing Harbour Service Co Return-on-Tangible-Equity Chart

Chien Shing Harbour Service 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 33.89 12.05 11.83 12.14 12.32

Chien Shing Harbour Service 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 11.12 12.41 8.98 12.33 16.06

Chien Shing Harbour Service Co Return-on-Tangible-Equity Competitor Comparison

For the Marine Shipping subindustry, Chien Shing Harbour Service 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.


Chien Shing Harbour Service Co Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Chien Shing Harbour Service Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chien Shing Harbour Service Co's Return-on-Tangible-Equity falls into.


TPE:8367
74GF Score
Chien Shing Harbour Service Co Ltd TPE:8367
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chien Shing Harbour Service Co Return-on-Tangible-Equity Calculation

Chien Shing Harbour Service 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 )
=350.432/( (2766.44+2923.537 )/ 2 )
=350.432/2844.9885
=12.32 %

Chien Shing Harbour Service 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 )
=459.5/( (2799.751+2923.537)/ 2 )
=459.5/2861.644
=16.06 %

* 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 16.06% mean?
Chien Shing Harbour Service Co (TPE:8367) has a Return-on-Tangible-Equity of 16.06% 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 Chien Shing Harbour Service Co and its competitors. This is 26% above median its historical median of 12.79. Over the past decade, Chien Shing Harbour Service Co's Return-on-Tangible-Equity has ranged from 11.83 to 33.89. According to the industry distribution chart, Chien Shing Harbour Service Co ranks #364 out of 976 companies in the Transportation industry, placing it in the top 37.3%.
Is Chien Shing Harbour Service Co's Return-on-Tangible-Equity too high?
Chien Shing Harbour Service Co's current Return-on-Tangible-Equity of 16.06% is 26% above median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 11.83 to a high of 33.89. The Transportation industry median Return-on-Tangible-Equity is 8.97. Chien Shing Harbour Service Co's value of 16.06% is 79% above this industry median. Based on the distribution chart, Chien Shing Harbour Service Co ranks #364 out of 976 companies in the Transportation industry, which is above the industry midpoint. Overall, Chien Shing Harbour Service Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chien Shing Harbour Service Co's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Chien Shing Harbour Service Co ranks #364 out of 976 companies for Return-on-Tangible-Equity. This puts Chien Shing Harbour Service Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.97. Chien Shing Harbour Service Co's value of 16.06% is 79% above this benchmark. Historically, Chien Shing Harbour Service Co's own Return-on-Tangible-Equity has ranged from 11.83 to 33.89 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 8.97, Chien Shing Harbour Service 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.97, based on 976 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. Chien Shing Harbour Service Co's current Return-on-Tangible-Equity of 16.06% is 79% 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 Chien Shing Harbour Service Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chien Shing Harbour Service Co's current Return-on-Tangible-Equity is 16.06%, which is 26% above median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Shing Harbour Service Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Shing Harbour Service Co (TPE:8367) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.04, compared to a current price of NT$40.25 — trading 40.8% below its estimated fair value. The current Return-on-Tangible-Equity is 16.06%, which is 26% above median its 10-year median of 12.79 and 79% above the Transportation industry median of 8.97. Chien Shing Harbour Service Co's overall GF Score™ is 74/100 with 6 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 Chien Shing Harbour Service Co (TPE:8367), the current Return-on-Tangible-Equity is 16.06% 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 Chien Shing Harbour Service Co (TPE:8367) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Shing Harbour Service Co stock appears to be undervalued. The current stock price of NT$40.25 is trading 40.8% below its estimated GF Value™ of NT$68.04. GuruFocus considers Chien Shing Harbour Service Co to be Possible Value Trap.

Key valuation signals for TPE:8367:

  • Return-on-Tangible-Equity: 16.06% (26% above median its 10-year median of 12.79)
  • GF Value™: NT$68.04 vs. price of NT$40.25 (40.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 79% above the Transportation median (#364 of 976)

No single metric tells the full story. See the TPE:8367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Shing Harbour Service Co Business Description

Address Lingang Road, No. 68, Section 3, Wuqi District, Taichung, TWN, 435
Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. The main business activities of the company include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.
74GF Score

Get the complete analysis for TPE:8367

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

NT$40.25
Price
NT$68.04
GF Value