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Jong Shyn Shipbuilding CoROCO:2644 +1.25%55 Return-on-Tangible-Asset is 0.51% as of Dec. 2025, which is 31% below its 10-year median of 0.74. GuruFocus rates ROCO:2644 with a GF Score™ of 55/100 and a GF Value™ of NT$131.17 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 361 Aerospace & Defense companies, Jong Shyn Shipbuilding Co ranks worse than 64.54% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Jong Shyn Shipbuilding Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$51 Mil. Jong Shyn Shipbuilding Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$10,122 Mil. Therefore, Jong Shyn Shipbuilding Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.51%.
The historical rank and industry rank for Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:2644'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.74 Max: 1.37
Current: 0.3
During the past 7 years, Jong Shyn Shipbuilding Co's highest Return-on-Tangible-Asset was 1.37%. The lowest was 0.29%. And the median was 0.74%.
ROCO:2644's Return-on-Tangible-Asset is ranked worse than 64.54% of 361
companies
in the Aerospace & Defense industry
Industry Median: 3.06
vs ROCO:2644: 0.30
Jong Shyn Shipbuilding Co (ROCO:2644) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Jong Shyn Shipbuilding Co Return-on-Tangible-Asset Related Terms
Jong Shyn Shipbuilding Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset 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.
Jong Shyn Shipbuilding Co Return-on-Tangible-Asset Chart
ROCO:2644 vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Jong Shyn Shipbuilding Co Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.51% mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a Return-on-Tangible-Asset of 0.51% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jong Shyn Shipbuilding Co and its competitors. This is 31% below median its historical median of 0.74. Over the past decade, Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset has ranged from 0.29 to 1.37. According to the industry distribution chart, Jong Shyn Shipbuilding Co ranks #233 out of 361 companies in the Aerospace & Defense industry, placing it in the top 64.5%.
Is Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset too high?
Jong Shyn Shipbuilding Co's current Return-on-Tangible-Asset of 0.51% is 31% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.37. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.06. Jong Shyn Shipbuilding Co's value of 0.51% is 83.3% below this industry median. Based on the distribution chart, Jong Shyn Shipbuilding Co ranks #233 out of 361 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jong Shyn Shipbuilding Co's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jong Shyn Shipbuilding Co ranks #233 out of 361 companies for Return-on-Tangible-Asset. This places Jong Shyn Shipbuilding Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Jong Shyn Shipbuilding Co's value of 0.51% is 83.3% below this benchmark. Historically, Jong Shyn Shipbuilding Co's own Return-on-Tangible-Asset has ranged from 0.29 to 1.37 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 3.06, Jong Shyn Shipbuilding Co has consistently been below 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-Asset for an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.06, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jong Shyn Shipbuilding Co's current Return-on-Tangible-Asset of 0.51% is 83.3% below 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jong Shyn Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jong Shyn Shipbuilding Co's current Return-on-Tangible-Asset is 0.51%, which is 31% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jong Shyn Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co (ROCO:2644) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.17, compared to a current price of NT$81.20 — trading 38.1% below its estimated fair value. The current Return-on-Tangible-Asset is 0.51%, which is 31% below median its 10-year median of 0.74 and 83.3% below the Aerospace & Defense industry median of 3.06. Jong Shyn Shipbuilding Co's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Jong Shyn Shipbuilding Co (ROCO:2644), the current Return-on-Tangible-Asset is 0.51% 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 Jong Shyn Shipbuilding Co (ROCO:2644) Overvalued in 2026?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co stock appears to be undervalued.
The current stock price of NT$81.20 is trading 38.1% below its estimated GF Value™ of NT$131.17.
GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.
Key valuation signals for ROCO:2644:
Return-on-Tangible-Asset: 0.51% (31% below median its 10-year median of 0.74)
GF Value™: NT$131.17 vs. price of NT$81.20 (38.1% below fair value)
Industry Position: 83.3% below the Aerospace & Defense median (#233 of 361)
No single metric tells the full story. See the ROCO:2644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.
55GF Score
Get the complete analysis for ROCO:2644
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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