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Jong Shyn Shipbuilding CoROCO:2644 -0.36%54 Return-on-Tangible-Equity is 3.80% as of Dec. 2025, which is 19% below its 10-year median of 4.68. GuruFocus rates ROCO:2644 with a GF Score™ of 54/100 and a GF Value™ of NT$131.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 336 Aerospace & Defense companies, Jong Shyn Shipbuilding Co ranks worse than 63.99% 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. Jong Shyn Shipbuilding Co's annualized net income for the quarter that ended in Dec. 2025 was NT$51 Mil. Jong Shyn Shipbuilding Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,347 Mil. Therefore, Jong Shyn Shipbuilding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.80%.
The historical rank and industry rank for Jong Shyn Shipbuilding Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:2644'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.18 Med: 4.68 Max: 10.7
Current: 2.19
During the past 7 years, Jong Shyn Shipbuilding Co's highest Return-on-Tangible-Equity was 10.70%. The lowest was 2.18%. And the median was 4.68%.
ROCO:2644's Return-on-Tangible-Equity is ranked worse than 63.99% of 336
companies
in the Aerospace & Defense industry
Industry Median: 8
vs ROCO:2644: 2.19
Jong Shyn Shipbuilding Co (ROCO:2644) 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.
Jong Shyn Shipbuilding Co Return-on-Tangible-Equity Related Terms
Jong Shyn Shipbuilding Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jong Shyn Shipbuilding 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.
Jong Shyn Shipbuilding Co Return-on-Tangible-Equity Chart
ROCO:2644 vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding 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.
Jong Shyn Shipbuilding Co Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jong Shyn Shipbuilding 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 two times the semi-annual (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 3.80% mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a Return-on-Tangible-Equity of 3.80% 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 Jong Shyn Shipbuilding Co and its competitors. This is 19% below median its historical median of 4.68. Over the past decade, Jong Shyn Shipbuilding Co's Return-on-Tangible-Equity has ranged from 2.18 to 10.70. According to the industry distribution chart, Jong Shyn Shipbuilding Co ranks #215 out of 336 companies in the Aerospace & Defense industry, placing it in the top 64%.
Is Jong Shyn Shipbuilding Co's Return-on-Tangible-Equity too high?
Jong Shyn Shipbuilding Co's current Return-on-Tangible-Equity of 3.80% is 19% below median its 10-year median of 4.68. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 10.70. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.00. Jong Shyn Shipbuilding Co's value of 3.80% is 52.5% below this industry median. Based on the distribution chart, Jong Shyn Shipbuilding Co ranks #215 out of 336 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 54/100 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-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jong Shyn Shipbuilding Co ranks #215 out of 336 companies for Return-on-Tangible-Equity. This places Jong Shyn Shipbuilding Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.00. Jong Shyn Shipbuilding Co's value of 3.80% is 52.5% below this benchmark. Historically, Jong Shyn Shipbuilding Co's own Return-on-Tangible-Equity has ranged from 2.18 to 10.70 over the past decade. While the company's 10-year median is 4.68 vs. the industry median of 8.00, 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-Equity for an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.00, based on 336 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. Jong Shyn Shipbuilding Co's current Return-on-Tangible-Equity of 3.80% is 52.5% 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-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 Jong Shyn Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.00 — 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-Equity is 3.80%, which is 19% below median its own 10-year median of 4.68. 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$131.51, compared to a current price of NT$83.90 — trading 36.2% below its estimated fair value. The current Return-on-Tangible-Equity is 3.80%, which is 19% below median its 10-year median of 4.68 and 52.5% below the Aerospace & Defense industry median of 8.00. Jong Shyn Shipbuilding Co's overall GF Score™ is 54/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Jong Shyn Shipbuilding Co (ROCO:2644), the current Return-on-Tangible-Equity is 3.80% 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$83.90 is trading 36.2% below its estimated GF Value™ of NT$131.51.
GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.
Key valuation signals for ROCO:2644:
Return-on-Tangible-Equity: 3.80% (19% below median its 10-year median of 4.68)
GF Value™: NT$131.51 vs. price of NT$83.90 (36.2% below fair value)
Industry Position: 52.5% below the Aerospace & Defense median (#215 of 336)
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.
54GF Score
Get the complete analysis for ROCO:2644
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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