Bai ShA Technology Co (ROCO:8401) ROA %: 16.16% (As of Dec. 2025) — 137% Above Median


ROCO:8401 Bai ShA Technology Co Ltd ROCO:8401
83 GF Score
Price NT$22.95
GF Value NT$21.66
Valuation Fairly Valued
! 1 Warning Sign
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What is Bai ShA Technology Co ROA %?

Bai ShA Technology Co ROCO:8401 +1.32% 83 ROA % is 16.16% as of Dec. 2025, which is 137% above its 10-year median of 6.81. GuruFocus rates ROCO:8401 with a GF Score™ of 83/100 and a GF Value™ of NT$21.66 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,096 Business Services companies, Bai ShA Technology Co ranks better than 86.68% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bai ShA Technology Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$259 Mil. Bai ShA Technology Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$1,605 Mil. Therefore, Bai ShA Technology Co's annualized ROA % for the quarter that ended in Dec. 2025 was 16.16%.

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

ROCO:8401' s ROA % Range Over the Past 10 Years
Min: 0.79   Med: 6.81   Max: 11.98
Current: 11.98

During the past 13 years, Bai ShA Technology Co's highest ROA % was 11.98%. The lowest was 0.79%. And the median was 6.81%.

ROCO:8401's ROA % is ranked better than
86.68% of 1096 companies
in the Business Services industry
Industry Median: 3.455 vs ROCO:8401: 11.98

Bai ShA Technology Co  (ROCO:8401) 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
=259.376/1604.797
=(Net Income / Revenue)*(Revenue / Total Assets)
=(259.376 / 1658.98)*(1658.98 / 1604.797)
=Net Margin %*Asset Turnover
=15.63 %*1.0338
=16.16 %

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.


Bai ShA Technology Co ROA % Related Terms


Bai ShA Technology Co ROA % Historical Data

* Premium members only.

The historical data trend for Bai ShA 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.

Bai ShA Technology Co ROA % Chart

Bai ShA Technology 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 8.02 9.03 7.56 11.62 11.57

Bai ShA Technology 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 15.50 7.69 12.48 11.84 16.16

ROCO:8401 vs CTAS, CPRT, ULS: ROA % Comparison

For the Specialty Business Services subindustry, Bai ShA 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.


Bai ShA Technology Co ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, Bai ShA Technology Co's ROA % distribution charts can be found below:

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


ROCO:8401
83GF Score
Bai ShA Technology Co Ltd ROCO:8401
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bai ShA Technology Co ROA % Calculation

Bai ShA 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 )
=185.676/( (1541.261+1668.033)/ 2 )
=185.676/1604.647
=11.57 %

Bai ShA 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: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=259.376/( (1541.561+1668.033)/ 2 )
=259.376/1604.797
=16.16 %

* 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 16.16% mean?
Bai ShA Technology Co (ROCO:8401) has a ROA % of 16.16% 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 Bai ShA Technology Co and its competitors. This is 137% above median its historical median of 6.81. Over the past decade, Bai ShA Technology Co's ROA % has ranged from 0.79 to 11.98. According to the industry distribution chart, Bai ShA Technology Co ranks #146 out of 1096 companies in the Business Services industry, placing it in the top 13.3%.
Is Bai ShA Technology Co's ROA % too high?
Bai ShA Technology Co's current ROA % of 16.16% is 137% above median its 10-year median of 6.81. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 11.98. The Business Services industry median ROA % is 3.46. Bai ShA Technology Co's value of 16.16% is 367.7% above this industry median. Based on the distribution chart, Bai ShA Technology Co ranks #146 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bai ShA Technology Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bai ShA Technology Co's ROA % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bai ShA Technology Co ranks #146 out of 1096 companies for ROA %. This places Bai ShA Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. Bai ShA Technology Co's value of 16.16% is 367.7% above this benchmark. Historically, Bai ShA Technology Co's own ROA % has ranged from 0.79 to 11.98 over the past decade. While the company's 10-year median is 6.81 vs. the industry median of 3.46, Bai ShA Technology Co 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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. Bai ShA Technology Co's current ROA % of 16.16% is 367.7% 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 Bai ShA Technology Co and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bai ShA Technology Co's current ROA % is 16.16%, which is 137% above median its own 10-year median of 6.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bai ShA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bai ShA Technology Co (ROCO:8401) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.66, compared to a current price of NT$22.95 — trading 6% above its estimated fair value. The current ROA % is 16.16%, which is 137% above median its 10-year median of 6.81 and 367.7% above the Business Services industry median of 3.46. Bai ShA Technology Co's overall GF Score™ is 83/100 with 1 warning sign 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 Bai ShA Technology Co (ROCO:8401), the current ROA % is 16.16% 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 Bai ShA Technology Co (ROCO:8401) Overvalued in 2026?

Based on GuruFocus' analysis, Bai ShA Technology Co stock appears to be overvalued. The current stock price of NT$22.95 is trading 6% above its estimated GF Value™ of NT$21.66. GuruFocus considers Bai ShA Technology Co to be Fairly Valued.

Key valuation signals for ROCO:8401:

  • ROA %: 16.16% (137% above median its 10-year median of 6.81)
  • GF Value™: NT$21.66 vs. price of NT$22.95 (6% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 367.7% above the Business Services median (#146 of 1096)

No single metric tells the full story. See the ROCO:8401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bai ShA Technology Co Business Description

Address No.116, Sec. 1, Xiangshun Road, Taiping district, Taichung, TWN, 411042
Bai ShA Technology Co Ltd is a Taiwan based company engages in the production and sale of commercial printing products. Its products include business cards, posters, wedding invitations, envelopes, related business printings, books, and class books. Geographically the company operates from Taiwan region.
83GF Score

Get the complete analysis for ROCO:8401

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

NT$22.95
Price
NT$21.66
GF Value