Kingray Technology Co (ROCO:6787) ROA %: -34.02% (As of Dec. 2025)

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ROCO:6787 Kingray Technology Co Ltd ROCO:6787
76 GF Score
Price NT$30.10
GF Value NT$47.18
Valuation Significantly Undervalued
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What is Kingray Technology Co ROA %?

Kingray Technology Co ROCO:6787 -1.31% 76 ROA % is -34.02% as of Dec. 2025. GuruFocus rates ROCO:6787 with a GF Score™ of 76/100 and a GF Value™ of NT$47.18 (Significantly Undervalued). Among 1,028 Semiconductors companies, Kingray Technology Co ranks worse than 94.07% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kingray Technology Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$-258.8 Mil. Kingray Technology Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$760.6 Mil. Therefore, Kingray Technology Co's annualized ROA % for the quarter that ended in Dec. 2025 was -34.02%.

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

ROCO:6787' s ROA % Range Over the Past 10 Years
Min: -40.42   Med: -27.24   Max: -18.16
Current: -27.45

During the past 9 years, Kingray Technology Co's highest ROA % was -18.16%. The lowest was -40.42%. And the median was -27.24%.

ROCO:6787's ROA % is ranked worse than
94.07% of 1028 companies
in the Semiconductors industry
Industry Median: 2.465 vs ROCO:6787: -27.45

Kingray Technology Co  (ROCO:6787) 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
=-258.796/760.6265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-258.796 / 175.31)*(175.31 / 760.6265)
=Net Margin %*Asset Turnover
=-147.62 %*0.2305
=-34.02 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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.


Kingray Technology Co ROA % Related Terms


Kingray Technology Co ROA % Historical Data

* Premium members only.

The historical data trend for Kingray Technology 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.

Kingray Technology Co ROA % Chart

Kingray Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only -22.14 -18.16 -28.10 -26.41 -28.06

Kingray Technology Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -25.80 -26.46 -33.07 -20.71 -34.02

ROCO:6787 vs AMAT, LRCX, KLAC: ROA % Comparison

For the Semiconductor Equipment & Materials subindustry, Kingray Technology 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.


Kingray Technology Co ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kingray Technology Co's ROA % distribution charts can be found below:

* The bar in red indicates where Kingray Technology Co's ROA % falls into.


ROCO:6787
76GF Score
Kingray Technology Co Ltd ROCO:6787
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingray Technology Co ROA % Calculation

Kingray Technology 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 )
=-213.349/( (810.433+710.346)/ 2 )
=-213.349/760.3895
=-28.06 %

Kingray Technology Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-258.796/( (810.907+710.346)/ 2 )
=-258.796/760.6265
=-34.02 %

* 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 two times the semi-annual (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 -34.02% mean?
Kingray Technology Co (ROCO:6787) has a ROA % of -34.02% 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 Kingray Technology Co and its competitors. According to the industry distribution chart, Kingray Technology Co ranks #967 out of 1028 companies in the Semiconductors industry, placing it in the top 94.1%.
Is Kingray Technology Co's ROA % too high?
Kingray Technology Co's current ROA % is -34.02%. Based on the distribution chart, Kingray Technology Co ranks #967 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Kingray Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kingray Technology Co's ROA % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kingray Technology Co ranks #967 out of 1028 companies for ROA %. This places Kingray Technology Co in the lower half of its industry. The industry median ROA % is 2.47. 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,028 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 Kingray Technology Co and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingray Technology Co's current ROA % is -34.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingray Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Kingray Technology Co (ROCO:6787) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$47.18, compared to a current price of NT$30.10 — trading 36.2% below its estimated fair value. The current ROA % is -34.02%. Kingray Technology Co's overall GF Score™ is 76/100. 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 Kingray Technology Co (ROCO:6787), the current ROA % is -34.02% 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 Kingray Technology Co (ROCO:6787) Overvalued in 2026?

Based on GuruFocus' analysis, Kingray Technology Co stock appears to be undervalued. The current stock price of NT$30.10 is trading 36.2% below its estimated GF Value™ of NT$47.18. GuruFocus considers Kingray Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:6787:

  • ROA %: -34.02%
  • GF Value™: NT$47.18 vs. price of NT$30.10 (36.2% below fair value)
  • GF Score™: 76/100

No single metric tells the full story. See the ROCO:6787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingray Technology Co Business Description

Address No. 256, Daming Road, Jilinli, Zhudong Town, Hsinchu County, TWN, 31042
Kingray Technology Co Ltd is focused on the business of optical instruments, electronic components and precision equipment manufacturing, and international trade industry, electronic materials wholesale and retail industry, etc.
76GF Score

Get the complete analysis for ROCO:6787

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

NT$30.10
Price
NT$47.18
GF Value