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Fulgent Sun International (Holding) CoTPE:9802 -0.94%81 Return-on-Tangible-Equity is 10.69% as of Dec. 2025, which is 13% below its 10-year median of 12.33. GuruFocus rates TPE:9802 with a GF Score™ of 81/100 and a GF Value™ of NT$112.57 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Fulgent Sun International (Holding) Co ranks better than 67.75% on this metric.
TPE:9802'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.75 Med: 12.33 Max: 31.31
Current: 9
During the past 13 years, Fulgent Sun International (Holding) Co's highest Return-on-Tangible-Equity was 31.31%. The lowest was 8.75%. And the median was 12.33%.
TPE:9802's Return-on-Tangible-Equity is ranked better than 67.75% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TPE:9802: 9.00
Fulgent Sun International (Holding) Co (TPE:9802) 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.
Fulgent Sun International (Holding) Co Return-on-Tangible-Equity Related Terms
Fulgent Sun International (Holding) Co Return-on-Tangible-Equity Historical Data
* 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.
Fulgent Sun International (Holding) Co Return-on-Tangible-Equity Chart
Fulgent Sun International (Holding) Co Annual Data
TPE:9802 vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Fulgent Sun International (Holding) 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.
Fulgent Sun International (Holding) Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulgent Sun International (Holding) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fulgent Sun International (Holding) 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 10.69% mean?
Fulgent Sun International (Holding) Co (TPE:9802) has a Return-on-Tangible-Equity of 10.69% 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 Fulgent Sun International (Holding) Co and its competitors. This is 13% below median its historical median of 12.33. Over the past decade, Fulgent Sun International (Holding) Co's Return-on-Tangible-Equity has ranged from 8.75 to 31.31. According to the industry distribution chart, Fulgent Sun International (Holding) Co ranks #327 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.2%.
Is Fulgent Sun International (Holding) Co's Return-on-Tangible-Equity too high?
Fulgent Sun International (Holding) Co's current Return-on-Tangible-Equity of 10.69% is 13% below median its 10-year median of 12.33. Over the past 10 years, this metric has ranged from a low of 8.75 to a high of 31.31. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Fulgent Sun International (Holding) Co's value of 10.69% is 141.3% above this industry median. Based on the distribution chart, Fulgent Sun International (Holding) Co ranks #327 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Fulgent Sun International (Holding) Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulgent Sun International (Holding) Co's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulgent Sun International (Holding) Co ranks #327 out of 1014 companies for Return-on-Tangible-Equity. This puts Fulgent Sun International (Holding) Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Fulgent Sun International (Holding) Co's value of 10.69% is 141.3% above this benchmark. Historically, Fulgent Sun International (Holding) Co's own Return-on-Tangible-Equity has ranged from 8.75 to 31.31 over the past decade. While the company's 10-year median is 12.33 vs. the industry median of 4.43, Fulgent Sun International (Holding) 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,014 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. Fulgent Sun International (Holding) Co's current Return-on-Tangible-Equity of 10.69% is 141.3% 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 Fulgent Sun International (Holding) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulgent Sun International (Holding) Co's current Return-on-Tangible-Equity is 10.69%, which is 13% below median its own 10-year median of 12.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulgent Sun International (Holding) Co stock overvalued right now?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co (TPE:9802) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.57, compared to a current price of NT$74.00 — trading 34.3% below its estimated fair value. The current Return-on-Tangible-Equity is 10.69%, which is 13% below median its 10-year median of 12.33 and 141.3% above the Manufacturing - Apparel & Accessories industry median of 4.43. Fulgent Sun International (Holding) Co's overall GF Score™ is 81/100 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 Fulgent Sun International (Holding) Co (TPE:9802), the current Return-on-Tangible-Equity is 10.69% 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 Fulgent Sun International (Holding) Co (TPE:9802) Overvalued in 2026?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co stock appears to be undervalued.
The current stock price of NT$74.00 is trading 34.3% below its estimated GF Value™ of NT$112.57.
GuruFocus considers Fulgent Sun International (Holding) Co to be Significantly Undervalued.
Key valuation signals for TPE:9802:
Return-on-Tangible-Equity: 10.69% (13% below median its 10-year median of 12.33)
GF Value™: NT$112.57 vs. price of NT$74.00 (34.3% below fair value)
Industry Position: 141.3% above the Manufacturing - Apparel & Accessories median (#327 of 1014)
No single metric tells the full story. See the TPE:9802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fulgent Sun International (Holding) Co Business Description
Fulgent Sun International (Holding) Co Ltd is engaged in the business of production and sale of sports and leisure outdoor shoes. Its main business is the manufacturing of professional sports shoes and high-functional outdoor shoes. Its factories are located in China, Vietnam, and Cambodia.
81GF Score
Get the complete analysis for TPE:9802
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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