JD Development Co (ROCO:4402) ROA %: -0.95% (As of Dec. 2025)


ROCO:4402 JD Development Co Ltd ROCO:4402
54 GF Score
Price NT$16.00
GF Value NT$8.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is JD Development Co ROA %?

JD Development Co ROCO:4402 54 ROA % is -0.95% as of Dec. 2025. GuruFocus rates ROCO:4402 with a GF Score™ of 54/100 and a GF Value™ of NT$8.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, JD Development Co ranks worse than 74.44% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JD Development Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$-5.80 Mil. JD Development Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$610.83 Mil. Therefore, JD Development Co's annualized ROA % for the quarter that ended in Dec. 2025 was -0.95%.

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

ROCO:4402' s ROA % Range Over the Past 10 Years
Min: -19.27   Med: -2.61   Max: 39.13
Current: -1.43

During the past 13 years, JD Development Co's highest ROA % was 39.13%. The lowest was -19.27%. And the median was -2.61%.

ROCO:4402's ROA % is ranked worse than
74.44% of 1064 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.875 vs ROCO:4402: -1.43

JD Development Co  (ROCO:4402) 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
=-5.804/610.8265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.804 / 22.076)*(22.076 / 610.8265)
=Net Margin %*Asset Turnover
=-26.29 %*0.0361
=-0.95 %

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.


JD Development Co ROA % Related Terms


JD Development Co ROA % Historical Data

* Premium members only.

The historical data trend for JD Development 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.

JD Development Co ROA % Chart

JD Development 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 -6.70 -1.39 -3.79 -1.10 -1.42

JD Development 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 9.32 -1.33 -1.86 -1.55 -0.95

JD Development Co ROA % Competitor Comparison

For the Textile Manufacturing subindustry, JD Development 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.


JD Development Co ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JD Development Co's ROA % distribution charts can be found below:

* The bar in red indicates where JD Development Co's ROA % falls into.


ROCO:4402
54GF Score
JD Development Co Ltd ROCO:4402
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JD Development Co ROA % Calculation

JD Development 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 )
=-8.763/( (620.53+610.55)/ 2 )
=-8.763/615.54
=-1.42 %

JD Development 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 )
=-5.804/( (611.103+610.55)/ 2 )
=-5.804/610.8265
=-0.95 %

* 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 -0.95% mean?
JD Development Co (ROCO:4402) has a ROA % of -0.95% 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 JD Development Co and its competitors. According to the industry distribution chart, JD Development Co ranks #792 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.4%.
Is JD Development Co's ROA % too high?
JD Development Co's current ROA % is -0.95%. Based on the distribution chart, JD Development Co ranks #792 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, JD Development Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JD Development Co's ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, JD Development Co ranks #792 out of 1064 companies for ROA %. This places JD Development Co in the lower half of its industry. The industry median ROA % is 1.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.88, based on 1,064 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 JD Development Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD Development Co's current ROA % is -0.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Development Co stock overvalued right now?
Based on GuruFocus' analysis, JD Development Co (ROCO:4402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.87, compared to a current price of NT$16.00 — trading 80.4% above its estimated fair value. The current ROA % is -0.95%. JD Development Co's overall GF Score™ is 54/100 with 2 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 JD Development Co (ROCO:4402), the current ROA % is -0.95% 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 JD Development Co (ROCO:4402) Overvalued in 2026?

Based on GuruFocus' analysis, JD Development Co stock appears to be overvalued. The current stock price of NT$16.00 is trading 80.4% above its estimated GF Value™ of NT$8.87. GuruFocus considers JD Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:4402:

  • ROA %: -0.95%
  • GF Value™: NT$8.87 vs. price of NT$16.00 (80.4% above fair value)
  • GF Score™: 54/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JD Development Co Business Description

Address Zhongzheng 4th Road, 9th Floor -1, No. 151, Qianjin District, Kaohsiung, TWN, 801
JD Development Co Ltd business activities are cotton woven fabric manufacturing, silk weaving, linen weaving, cotton weaving, woolen fabric wholesale and renewable energy power generation. The company has two segments Textile Department: mainly engaged in the manufacturing, trading, and processing of textile products; and Electricity Sales Department: mainly engaged in electricity generation from solar power equipment. The company generates majority of revenue from textile department segment. Its products are Textile, Green Energy, and Medical Materials. The company has presence in Taiwan and Asia. The company generates majority of revenue from Taiwan.
54GF Score

Get the complete analysis for ROCO:4402

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

NT$16.00
Price
NT$8.87
GF Value