Shian Yih Electronic Industry Co (ROCO:3531) Return-on-Tangible-Equity: 10.29% (As of Dec. 2025) — 101% Above Median

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ROCO:3531 Shian Yih Electronic Industry Co Ltd ROCO:3531
68 GF Score
Price NT$22.65
GF Value NT$18.26
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Shian Yih Electronic Industry Co Return-on-Tangible-Equity?

Shian Yih Electronic Industry Co ROCO:3531 -2.16% 68 Return-on-Tangible-Equity is 10.29% as of Dec. 2025, which is 101% above its 10-year median of 5.12. GuruFocus rates ROCO:3531 with a GF Score™ of 68/100 and a GF Value™ of NT$18.26 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 985 Semiconductors companies, Shian Yih Electronic Industry Co ranks worse than 63.15% 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. Shian Yih Electronic Industry Co's annualized net income for the quarter that ended in Dec. 2025 was NT$187 Mil. Shian Yih Electronic Industry Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,813 Mil. Therefore, Shian Yih Electronic Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.29%.

The historical rank and industry rank for Shian Yih Electronic Industry Co's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:3531' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.96   Med: 5.12   Max: 10.24
Current: 0.99

During the past 13 years, Shian Yih Electronic Industry Co's highest Return-on-Tangible-Equity was 10.24%. The lowest was 0.96%. And the median was 5.12%.

ROCO:3531's Return-on-Tangible-Equity is ranked worse than
63.15% of 985 companies
in the Semiconductors industry
Industry Median: 5.24 vs ROCO:3531: 0.99

Shian Yih Electronic Industry Co  (ROCO:3531) 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.


Shian Yih Electronic Industry Co Return-on-Tangible-Equity Related Terms


Shian Yih Electronic Industry Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shian Yih Electronic Industry 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.

Shian Yih Electronic Industry Co Return-on-Tangible-Equity Chart

Shian Yih Electronic Industry 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 4.90 10.24 7.92 4.38 0.96

Shian Yih Electronic Industry 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 11.89 5.05 -16.97 5.48 10.29

ROCO:3531 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison

For the Semiconductors subindustry, Shian Yih Electronic Industry 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.


Shian Yih Electronic Industry Co Return-on-Tangible-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shian Yih Electronic Industry Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shian Yih Electronic Industry Co's Return-on-Tangible-Equity falls into.


ROCO:3531
68GF Score
Shian Yih Electronic Industry Co Ltd ROCO:3531
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shian Yih Electronic Industry Co Return-on-Tangible-Equity Calculation

Shian Yih Electronic Industry 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 )
=18.062/( (1891.529+1854.347 )/ 2 )
=18.062/1872.938
=0.96 %

Shian Yih Electronic Industry 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 )
=186.612/( (1771.242+1854.347)/ 2 )
=186.612/1812.7945
=10.29 %

* 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 10.29% mean?
Shian Yih Electronic Industry Co (ROCO:3531) has a Return-on-Tangible-Equity of 10.29% 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 Shian Yih Electronic Industry Co and its competitors. This is 101% above median its historical median of 5.12. Over the past decade, Shian Yih Electronic Industry Co's Return-on-Tangible-Equity has ranged from 0.96 to 10.24. According to the industry distribution chart, Shian Yih Electronic Industry Co ranks #622 out of 985 companies in the Semiconductors industry, placing it in the top 63.1%.
Is Shian Yih Electronic Industry Co's Return-on-Tangible-Equity too high?
Shian Yih Electronic Industry Co's current Return-on-Tangible-Equity of 10.29% is 101% above median its 10-year median of 5.12. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 10.24. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. Shian Yih Electronic Industry Co's value of 10.29% is 96.4% above this industry median. Based on the distribution chart, Shian Yih Electronic Industry Co ranks #622 out of 985 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Shian Yih Electronic Industry Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shian Yih Electronic Industry Co's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shian Yih Electronic Industry Co ranks #622 out of 985 companies for Return-on-Tangible-Equity. This places Shian Yih Electronic Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.24. Shian Yih Electronic Industry Co's value of 10.29% is 96.4% above this benchmark. Historically, Shian Yih Electronic Industry Co's own Return-on-Tangible-Equity has ranged from 0.96 to 10.24 over the past decade. While the company's 10-year median is 5.12 vs. the industry median of 5.24, Shian Yih Electronic Industry 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 985 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. Shian Yih Electronic Industry Co's current Return-on-Tangible-Equity of 10.29% is 96.4% 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 Shian Yih Electronic Industry Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shian Yih Electronic Industry Co's current Return-on-Tangible-Equity is 10.29%, which is 101% above median its own 10-year median of 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shian Yih Electronic Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shian Yih Electronic Industry Co (ROCO:3531) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$18.26, compared to a current price of NT$22.65 — trading 24% above its estimated fair value. The current Return-on-Tangible-Equity is 10.29%, which is 101% above median its 10-year median of 5.12 and 96.4% above the Semiconductors industry median of 5.24. Shian Yih Electronic Industry Co's overall GF Score™ is 68/100 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 Shian Yih Electronic Industry Co (ROCO:3531), the current Return-on-Tangible-Equity is 10.29% 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 Shian Yih Electronic Industry Co (ROCO:3531) Overvalued in 2026?

Based on GuruFocus' analysis, Shian Yih Electronic Industry Co stock appears to be overvalued. The current stock price of NT$22.65 is trading 24% above its estimated GF Value™ of NT$18.26. GuruFocus considers Shian Yih Electronic Industry Co to be Modestly Overvalued.

Key valuation signals for ROCO:3531:

  • Return-on-Tangible-Equity: 10.29% (101% above median its 10-year median of 5.12)
  • GF Value™: NT$18.26 vs. price of NT$22.65 (24% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 96.4% above the Semiconductors median (#622 of 985)

No single metric tells the full story. See the ROCO:3531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shian Yih Electronic Industry Co Business Description

Address No. 22, Industry 24th Road, Taichung Industrial Park, Taichung, TWN
Shian Yih Electronic Industry Co Ltd manufactures small to medium-sized LED backlight modules in Taiwan. Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs), and mobile phones. Its products comprise small to medium-sized LED backlight modules, motorcycle and vehicle LED headlight modules, LED packaging & sales (IR, light emitting diode, PT), mold design and fabrication, and plastic injection molding. The companies reportable segment is the Backlight Module Segment. The back light module segment principally engages in the manufacture and sale of products related to back light modules.
68GF Score

Get the complete analysis for ROCO:3531

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

NT$22.65
Price
NT$18.26
GF Value