Hsin-Li Chemical Industrial (ROCO:4303) Cyclically Adjusted Revenue per Share: NT$6.17 (As of Mar. 2026)

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.

ROCO:4303 Hsin-Li Chemical Industrial Corp ROCO:4303
63 GF Score
Price NT$47.60
GF Value NT$117.70
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Hsin-Li Chemical Industrial Cyclically Adjusted Revenue per Share?

Hsin-Li Chemical Industrial ROCO:4303 +1.28% 63 Cyclically Adjusted Revenue per Share is NT$6.17 as of Mar. 2026. GuruFocus rates ROCO:4303 with a GF Score™ of 63/100 and a GF Value™ of NT$117.70 (Possible Value Trap). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Hsin-Li Chemical Industrial's adjusted revenue per share for the three months ended in Mar. 2026 was NT$2.420. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$6.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hsin-Li Chemical Industrial's average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Hsin-Li Chemical Industrial was -4.20% per year. The lowest was -6.10% per year. And the median was -4.45% per year.

As of today (2026-08-14), Hsin-Li Chemical Industrial's current stock price is NT$47.60. Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$6.17. Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio of today is 7.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hsin-Li Chemical Industrial was 13.79. The lowest was 1.79. And the median was 2.63.


Hsin-Li Chemical Industrial  (ROCO:4303) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.60/6.17
=7.71

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hsin-Li Chemical Industrial was 13.79. The lowest was 1.79. And the median was 2.63.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Hsin-Li Chemical Industrial Cyclically Adjusted Revenue per Share Related Terms


Hsin-Li Chemical Industrial Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share 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.

Hsin-Li Chemical Industrial Cyclically Adjusted Revenue per Share Chart

Hsin-Li Chemical Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.05 6.87 6.32 5.83 5.99

Hsin-Li Chemical Industrial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 5.87 5.94 6.02 5.99 6.17

ROCO:4303 vs NKE, DECK, ONON: Cyclically Adjusted Revenue per Share Comparison

For the Footwear & Accessories subindustry, Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Hsin-Li Chemical Industrial Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio falls into.


ROCO:4303
63GF Score
Hsin-Li Chemical Industrial Corp ROCO:4303
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin-Li Chemical Industrial Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hsin-Li Chemical Industrial's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.42/330.2130*330.2130
=2.420

Current CPI (Mar. 2026) = 330.2130.

Hsin-Li Chemical Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.116 241.018 1.529
201609 1.100 241.428 1.505
201612 1.257 241.432 1.719
201703 0.316 243.801 0.428
201706 1.573 244.955 2.120
201709 1.310 246.819 1.753
201712 0.939 246.524 1.258
201803 4.575 249.554 6.054
201806 1.498 251.989 1.963
201809 1.184 252.439 1.549
201812 1.154 251.233 1.517
201903 1.269 254.202 1.648
201906 1.405 256.143 1.811
201909 1.277 256.759 1.642
201912 1.060 256.974 1.362
202003 1.259 258.115 1.611
202006 0.972 257.797 1.245
202009 0.832 260.280 1.056
202012 0.849 260.474 1.076
202103 1.169 264.877 1.457
202106 1.154 271.696 1.403
202109 1.091 274.310 1.313
202112 0.909 278.802 1.077
202203 1.150 287.504 1.321
202206 1.125 296.311 1.254
202209 0.823 296.808 0.916
202212 0.850 296.797 0.946
202303 0.605 301.836 0.662
202306 0.370 305.109 0.400
202309 0.412 307.789 0.442
202312 0.371 306.746 0.399
202403 0.552 312.332 0.584
202406 0.603 314.175 0.634
202409 0.785 315.301 0.822
202412 2.025 315.605 2.119
202503 2.356 319.799 2.433
202506 2.946 322.561 3.016
202509 2.923 324.800 2.972
202512 2.194 324.054 2.236
202603 2.420 330.213 2.420

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$6.17 mean?
Hsin-Li Chemical Industrial (ROCO:4303) has a Cyclically Adjusted Revenue per Share of NT$6.17 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hsin-Li Chemical Industrial and its competitors.
Is Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share too high?
Hsin-Li Chemical Industrial's current Cyclically Adjusted Revenue per Share is NT$6.17. Overall, Hsin-Li Chemical Industrial has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share compare to NKE and DECK?
Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share of NT$6.17 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hsin-Li Chemical Industrial and its competitors. Hsin-Li Chemical Industrial's current Cyclically Adjusted Revenue per Share is NT$6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin-Li Chemical Industrial stock overvalued right now?
Based on GuruFocus' analysis, Hsin-Li Chemical Industrial (ROCO:4303) is currently considered Possible Value Trap. The stock's GF Value™ is NT$117.70, compared to a current price of NT$47.60 — trading 59.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$6.17. Hsin-Li Chemical Industrial's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hsin-Li Chemical Industrial (ROCO:4303), the current Cyclically Adjusted Revenue per Share is NT$6.17 as of Mar. 2026. 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 Hsin-Li Chemical Industrial (ROCO:4303) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin-Li Chemical Industrial stock appears to be undervalued. The current stock price of NT$47.60 is trading 59.6% below its estimated GF Value™ of NT$117.70. GuruFocus considers Hsin-Li Chemical Industrial to be Possible Value Trap.

Key valuation signals for ROCO:4303:

  • Cyclically Adjusted Revenue per Share: NT$6.17
  • GF Value™: NT$117.70 vs. price of NT$47.60 (59.6% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the ROCO:4303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin-Li Chemical Industrial Business Description

Address Number 99, Xingye Road, Xuejia District, Tainan, TWN
Hsin-Li Chemical Industrial Corp mainly engages in the manufacturing and trading of synthetic leather and plastic leather products. Its business activities include production and manufacturing of various synthetic leathers, product scheduling and inventory management, maintenance of factory equipment, new product development and research, quality inspection and improvement. Its PVC products include PVC simulated leather, PVC pearlescent leather (paper texture), PVC furniture leather, PVC non-slip leather, PVC leather (printed), PVC leather (embossed), and PVC leather (paper texture + embossing). Its PU products include Dry PU, Wet-process PU products (non-slip leather), PU + TPU, PU film printing, and PU waterproof and breathable membrane. Taiwan generates the maximum revenue.
63GF Score

Get the complete analysis for ROCO:4303

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$47.60
Price
NT$117.70
GF Value