Golden Win International (ROCO:4950) ROA %: 1.53% (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:4950 Golden Win International Corp ROCO:4950
56 GF Score
Price NT$16.00
GF Value NT$89.60
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Golden Win International ROA %?

Golden Win International ROCO:4950 -3.03% 56 ROA % is 1.53% as of Dec. 2025. GuruFocus rates ROCO:4950 with a GF Score™ of 56/100 and a GF Value™ of NT$89.60 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Golden Win International ranks worse than 74.88% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Golden Win International's annualized Net Income for the quarter that ended in Dec. 2025 was NT$17 Mil. Golden Win International's average Total Assets over the quarter that ended in Dec. 2025 was NT$1,120 Mil. Therefore, Golden Win International's annualized ROA % for the quarter that ended in Dec. 2025 was 1.53%.

The historical rank and industry rank for Golden Win International's ROA % or its related term are showing as below:

ROCO:4950' s ROA % Range Over the Past 10 Years
Min: -71.95   Med: -7.58   Max: 6.49
Current: -1.69

During the past 13 years, Golden Win International's highest ROA % was 6.49%. The lowest was -71.95%. And the median was -7.58%.

ROCO:4950's ROA % is ranked worse than
74.88% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.195 vs ROCO:4950: -1.69

Golden Win International  (ROCO:4950) 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
=17.092/1120.2335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(17.092 / 991.88)*(991.88 / 1120.2335)
=Net Margin %*Asset Turnover
=1.72 %*0.8854
=1.53 %

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.


Golden Win International ROA % Related Terms


Golden Win International ROA % Historical Data

* Premium members only.

The historical data trend for Golden Win International'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.

Golden Win International ROA % Chart

Golden Win International 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 5.32 -16.18 -71.95 -8.39 -1.62

Golden Win International 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 -7.34 -10.02 1.58 1.40 1.53

ROCO:4950 vs SN, SGI, MHK: ROA % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Golden Win International'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.


Golden Win International ROA % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Golden Win International's ROA % distribution charts can be found below:

* The bar in red indicates where Golden Win International's ROA % falls into.


ROCO:4950
56GF Score
Golden Win International Corp ROCO:4950
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Win International ROA % Calculation

Golden Win International'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 )
=-20.646/( (1438.45+1105.865)/ 2 )
=-20.646/1272.1575
=-1.62 %

Golden Win International'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 )
=17.092/( (1134.602+1105.865)/ 2 )
=17.092/1120.2335
=1.53 %

* 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 1.53% mean?
Golden Win International (ROCO:4950) has a ROA % of 1.53% 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 Golden Win International and its competitors. According to the industry distribution chart, Golden Win International ranks #325 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 74.9%.
Is Golden Win International's ROA % too high?
Golden Win International's current ROA % is 1.53%. The Furnishings, Fixtures & Appliances industry median ROA % is 2.20. Golden Win International's value of 1.53% is 30.3% below this industry median. Based on the distribution chart, Golden Win International ranks #325 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Golden Win International has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Win International's ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Golden Win International ranks #325 out of 434 companies for ROA %. This places Golden Win International in the lower half of its industry. The industry median ROA % is 2.20. Golden Win International's value of 1.53% is 30.3% below this benchmark. 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 Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.20, based on 434 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. Golden Win International's current ROA % of 1.53% is 30.3% 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 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 Golden Win International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Win International's current ROA % is 1.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Win International stock overvalued right now?
Based on GuruFocus' analysis, Golden Win International (ROCO:4950) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$89.60, compared to a current price of NT$16.00 — trading 82.1% below its estimated fair value. The current ROA % is 1.53% and 30.3% below the Furnishings, Fixtures & Appliances industry median of 2.20. Golden Win International's overall GF Score™ is 56/100 with 3 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 Golden Win International (ROCO:4950), the current ROA % is 1.53% 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 Golden Win International (ROCO:4950) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Win International stock appears to be undervalued. The current stock price of NT$16.00 is trading 82.1% below its estimated GF Value™ of NT$89.60. GuruFocus considers Golden Win International to be Significantly Undervalued.

Key valuation signals for ROCO:4950:

  • ROA %: 1.53%
  • GF Value™: NT$89.60 vs. price of NT$16.00 (82.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 30.3% below the Furnishings, Fixtures & Appliances median (#325 of 434)

No single metric tells the full story. See the ROCO:4950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Win International Business Description

Address Gong 2nd Road, No. 10, Liuying District, Tainan, TWN, 106
Golden Win International Corp Formerly Mutto Optronics Corp is engaged in the sales of steel cutlery and touch display panels with relevant parts and components, producing and supplying a wide array of metals such as stainless steel, bearing steel, high-speed steel, and non-ferrous alloys for industrial use.
56GF Score

Get the complete analysis for ROCO:4950

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

NT$16.00
Price
NT$89.60
GF Value