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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shuang-Bang Industrial's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$103 Mil.
Shuang-Bang Industrial's average Total Assets over the quarter that ended in Dec. 2025 was NT$2,527 Mil. Therefore, Shuang-Bang Industrial's annualized ROA % for the quarter that ended in Dec. 2025 was 4.09%.
The historical rank and industry rank for Shuang-Bang Industrial's ROA % or its related term are showing as below:
ROCO:6506'
s ROA % Range Over the Past 10 Years
Min: 0.03 Med: 4.26 Max: 10.46
Current: 3.36
During the past 13 years, Shuang-Bang Industrial's highest ROA % was 10.46%. The lowest was 0.03%. And the median was 4.26%.
ROCO:6506's ROA % is ranked better than 53.6% of 1612
companies
in the Chemicals industry
Industry Median: 2.92
vs ROCO:6506: 3.36
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 banks 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:
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.
* 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.
For the Specialty Chemicals subindustry, Shuang-Bang 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.
Shuang-Bang Industrial ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's ROA % distribution charts can be found below:
* The bar in red indicates where Shuang-Bang Industrial's ROA % falls into.
* 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.
Shuang-Bang Industrial (ROCO:6506) has a ROA % of 4.09% 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 Shuang-Bang Industrial and its competitors. This is near median its historical median of 4.26. Over the past decade, Shuang-Bang Industrial's ROA % has ranged from 0.03 to 10.46. According to the industry distribution chart, Shuang-Bang Industrial ranks #748 out of 1612 companies in the Chemicals industry, placing it in the top 46.4%.
Is Shuang-Bang Industrial's ROA % too high?
Shuang-Bang Industrial's current ROA % of 4.09% is near median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 10.46. The Chemicals industry median ROA % is 2.92. Shuang-Bang Industrial's value of 4.09% is 40.1% above this industry median. Based on the distribution chart, Shuang-Bang Industrial ranks #748 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shuang-Bang Industrial has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuang-Bang Industrial's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shuang-Bang Industrial ranks #748 out of 1612 companies for ROA %. This puts Shuang-Bang Industrial in the upper half of its industry. The industry median ROA % is 2.92. Shuang-Bang Industrial's value of 4.09% is 40.1% above this benchmark. Historically, Shuang-Bang Industrial's own ROA % has ranged from 0.03 to 10.46 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 2.92, Shuang-Bang Industrial 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 ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 2.92, based on 1,612 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. Shuang-Bang Industrial's current ROA % of 4.09% is 40.1% 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 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 Shuang-Bang Industrial and its competitors. For the Chemicals industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuang-Bang Industrial's current ROA % is 4.09%, which is near median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuang-Bang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Shuang-Bang Industrial (ROCO:6506) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.34, compared to a current price of NT$18.40 — trading 6.1% above its estimated fair value. The current ROA % is 4.09%, which is near median its 10-year median of 4.26 and 40.1% above the Chemicals industry median of 2.92. Shuang-Bang Industrial's overall GF Score™ is 70/100 with 8 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 Shuang-Bang Industrial (ROCO:6506), the current ROA % is 4.09% 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 Shuang-Bang Industrial (ROCO:6506) Overvalued in 2026?
Based on GuruFocus' analysis, Shuang-Bang Industrial stock appears to be overvalued.
The current stock price of NT$18.40 is trading 6.1% above its estimated GF Value™ of NT$17.34.
GuruFocus considers Shuang-Bang Industrial to be Fairly Valued.
Key valuation signals for ROCO:6506:
ROA %: 4.09% (near median its 10-year median of 4.26)
GF Value™: NT$17.34 vs. price of NT$18.40 (6.1% above fair value)
Industry Position: 40.1% above the Chemicals median (#748 of 1612)
No single metric tells the full story. See the ROCO:6506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and the sales of photoinitiators. The group has four segments, including coating and lamination, polymer, TPU, and sports. It generates the majority of its revenue from the coating and lamination segment engaged in manufacturing. The TPU segment is engaged in manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and sales of photo initiators.
70GF Score
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