Chernan Metal Industrial (ROCO:3631) ROA %: -0.82% (As of Dec. 2025)

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:3631 Chernan Metal Industrial Corp ROCO:3631
27 GF Score
Price NT$32.85
GF Value NT$10.09
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chernan Metal Industrial ROA %?

Chernan Metal Industrial ROCO:3631 +0.15% 27 ROA % is -0.82% as of Dec. 2025. GuruFocus rates ROCO:3631 with a GF Score™ of 27/100 and a GF Value™ of NT$10.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Chernan Metal Industrial ranks worse than 79.8% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chernan Metal Industrial's annualized Net Income for the quarter that ended in Dec. 2025 was NT$-20.70 Mil. Chernan Metal Industrial's average Total Assets over the quarter that ended in Dec. 2025 was NT$2,512.20 Mil. Therefore, Chernan Metal Industrial's annualized ROA % for the quarter that ended in Dec. 2025 was -0.82%.

The historical rank and industry rank for Chernan Metal Industrial's ROA % or its related term are showing as below:

ROCO:3631' s ROA % Range Over the Past 10 Years
Min: -2.22   Med: -1   Max: 0.51
Current: -2.22

During the past 13 years, Chernan Metal Industrial's highest ROA % was 0.51%. The lowest was -2.22%. And the median was -1.00%.

ROCO:3631's ROA % is ranked worse than
79.8% of 3074 companies
in the Industrial Products industry
Industry Median: 3.045 vs ROCO:3631: -2.22

Chernan Metal Industrial  (ROCO:3631) 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
=-20.704/2512.2045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.704 / 25.18)*(25.18 / 2512.2045)
=Net Margin %*Asset Turnover
=-82.22 %*0.01
=-0.82 %

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.


Chernan Metal Industrial ROA % Related Terms


Chernan Metal Industrial ROA % Historical Data

* Premium members only.

The historical data trend for Chernan Metal Industrial'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.

Chernan Metal Industrial ROA % Chart

Chernan Metal Industrial 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 -0.50 -1.69 -1.73 -1.62 -2.16

Chernan Metal Industrial 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 -1.98 -1.89 -5.44 -0.77 -0.82

ROCO:3631 vs CRS, ATI, MLI: ROA % Comparison

For the Metal Fabrication subindustry, Chernan Metal Industrial'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.


Chernan Metal Industrial ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chernan Metal Industrial's ROA % distribution charts can be found below:

* The bar in red indicates where Chernan Metal Industrial's ROA % falls into.


ROCO:3631
27GF Score
Chernan Metal Industrial Corp ROCO:3631
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chernan Metal Industrial ROA % Calculation

Chernan Metal Industrial'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 )
=-57.428/( (2812.311+2515.706)/ 2 )
=-57.428/2664.0085
=-2.16 %

Chernan Metal Industrial'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 )
=-20.704/( (2508.703+2515.706)/ 2 )
=-20.704/2512.2045
=-0.82 %

* 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 -0.82% mean?
Chernan Metal Industrial (ROCO:3631) has a ROA % of -0.82% 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 Chernan Metal Industrial and its competitors. According to the industry distribution chart, Chernan Metal Industrial ranks #2453 out of 3074 companies in the Industrial Products industry, placing it in the top 79.8%.
Is Chernan Metal Industrial's ROA % too high?
Chernan Metal Industrial's current ROA % is -0.82%. Based on the distribution chart, Chernan Metal Industrial ranks #2453 out of 3074 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chernan Metal Industrial has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chernan Metal Industrial's ROA % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chernan Metal Industrial ranks #2453 out of 3074 companies for ROA %. This places Chernan Metal Industrial in the lower half of its industry. The industry median ROA % is 3.05. 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 3.05, 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 Chernan Metal Industrial and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chernan Metal Industrial's current ROA % is -0.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chernan Metal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Chernan Metal Industrial (ROCO:3631) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.09, compared to a current price of NT$32.85 — trading 225.6% above its estimated fair value. The current ROA % is -0.82%. Chernan Metal Industrial's overall GF Score™ is 27/100 with 6 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 Chernan Metal Industrial (ROCO:3631), the current ROA % is -0.82% 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 Chernan Metal Industrial (ROCO:3631) Overvalued in 2026?

Based on GuruFocus' analysis, Chernan Metal Industrial stock appears to be overvalued. The current stock price of NT$32.85 is trading 225.6% above its estimated GF Value™ of NT$10.09. GuruFocus considers Chernan Metal Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:3631:

  • ROA %: -0.82%
  • GF Value™: NT$10.09 vs. price of NT$32.85 (225.6% above fair value)
  • GF Score™: 27/100 with 6 warning signs

No single metric tells the full story. See the ROCO:3631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chernan Metal Industrial Business Description

Address No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials. The company's segment includes the domestic division and the overseas division. The domestic division is mainly engaged in the manufacture and sale of solder products and the trading of semiconductor products, while the overseas division is mainly engaged in the manufacture and sale of solder products. The company generates the majority of its revenue from overseas segment.
27GF Score

Get the complete analysis for ROCO:3631

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

NT$32.85
Price
NT$10.09
GF Value