Chia Yi Steel Co (ROCO:2067) ROA %: -2.96% (As of Dec. 2025)


ROCO:2067 Chia Yi Steel Co Ltd ROCO:2067
36 GF Score
Price NT$6.67
GF Value NT$9.71
Valuation Possible Value Trap
! 7 Warning Signs
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What is Chia Yi Steel Co ROA %?

Chia Yi Steel Co ROCO:2067 +1.68% 36 ROA % is -2.96% as of Dec. 2025. GuruFocus rates ROCO:2067 with a GF Score™ of 36/100 and a GF Value™ of NT$9.71 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,074 Industrial Products companies, Chia Yi Steel Co ranks worse than 87.18% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chia Yi Steel Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$-57 Mil. Chia Yi Steel Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$1,931 Mil. Therefore, Chia Yi Steel Co's annualized ROA % for the quarter that ended in Dec. 2025 was -2.96%.

The historical rank and industry rank for Chia Yi Steel Co's ROA % or its related term are showing as below:

ROCO:2067' s ROA % Range Over the Past 10 Years
Min: -6.66   Med: -2.49   Max: 4.56
Current: -6.63

During the past 13 years, Chia Yi Steel Co's highest ROA % was 4.56%. The lowest was -6.66%. And the median was -2.49%.

ROCO:2067's ROA % is ranked worse than
87.18% of 3074 companies
in the Industrial Products industry
Industry Median: 3.02 vs ROCO:2067: -6.63

Chia Yi Steel Co  (ROCO:2067) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-57.14/1930.7455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-57.14 / 1025.5)*(1025.5 / 1930.7455)
=Net Margin %*Asset Turnover
=-5.57 %*0.5311
=-2.96 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Chia Yi Steel Co ROA % Related Terms


Chia Yi Steel Co ROA % Historical Data

* Premium members only.

The historical data trend for Chia Yi Steel Co's ROA % 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.

Chia Yi Steel Co ROA % Chart

Chia Yi Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -1.46 -1.80 -6.66 -6.63

Chia Yi Steel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROA % 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 -6.29 -6.10 -7.82 -9.63 -2.96

ROCO:2067 vs CRS, ATI, MLI: ROA % Comparison

For the Metal Fabrication subindustry, Chia Yi Steel Co's ROA %, along with its competitors' market caps and ROA % 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.


Chia Yi Steel Co ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chia Yi Steel Co's ROA % distribution charts can be found below:

* The bar in red indicates where Chia Yi Steel Co's ROA % falls into.


ROCO:2067
36GF Score
Chia Yi Steel Co Ltd ROCO:2067
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chia Yi Steel Co ROA % Calculation

Chia Yi Steel Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-126.529/( (1872.548+1943.102)/ 2 )
=-126.529/1907.825
=-6.63 %

Chia Yi Steel Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-57.14/( (1918.389+1943.102)/ 2 )
=-57.14/1930.7455
=-2.96 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -2.96% mean?
Chia Yi Steel Co (ROCO:2067) has a ROA % of -2.96% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Chia Yi Steel Co and its competitors. According to the industry distribution chart, Chia Yi Steel Co ranks #2680 out of 3074 companies in the Industrial Products industry, placing it in the top 87.2%.
Is Chia Yi Steel Co's ROA % too high?
Chia Yi Steel Co's current ROA % is -2.96%. Based on the distribution chart, Chia Yi Steel Co ranks #2680 out of 3074 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chia Yi Steel Co has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chia Yi Steel Co's ROA % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chia Yi Steel Co ranks #2680 out of 3074 companies for ROA %. This places Chia Yi Steel Co in the lower half of its industry. The industry median ROA % is 3.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.02, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Chia Yi Steel Co and its competitors. For the Industrial Products industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chia Yi Steel Co's current ROA % is -2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chia Yi Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chia Yi Steel Co (ROCO:2067) is currently considered Possible Value Trap. The stock's GF Value™ is NT$9.71, compared to a current price of NT$6.67 — trading 31.3% below its estimated fair value. The current ROA % is -2.96%. Chia Yi Steel Co's overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Chia Yi Steel Co (ROCO:2067), the current ROA % is -2.96% 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 Chia Yi Steel Co (ROCO:2067) Overvalued in 2026?

Based on GuruFocus' analysis, Chia Yi Steel Co stock appears to be undervalued. The current stock price of NT$6.67 is trading 31.3% below its estimated GF Value™ of NT$9.71. GuruFocus considers Chia Yi Steel Co to be Possible Value Trap.

Key valuation signals for ROCO:2067:

  • ROA %: -2.96%
  • GF Value™: NT$9.71 vs. price of NT$6.67 (31.3% below fair value)
  • GF Score™: 36/100 with 7 warning signs

No single metric tells the full story. See the ROCO:2067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chia Yi Steel Co Business Description

Address No. 21, Chenggong 2nd Street, Beidou Village, Chiayi County, Minxiong, TWN, 62155
Chia Yi Steel Co Ltd is engaged in the casting; processing and trading of various cast irons. Its products include hydraulic parts, industrial parts, and car parts. The company covers mechanical parts, hydraulic valve bodies, compressors, transporters, construction machinery, agricultural machinery, ships, cranes, engines, transmissions, braking systems, spring brackets, and other parts. It also produces railway parts, Elevator pulleys, pumps, bolt mechanical parts, and product assembly operations. The company supplies its products to Asia; European and American countries.
36GF Score

Get the complete analysis for ROCO:2067

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$6.67
Price
NT$9.71
GF Value