China Glaze Co (TPE:1809) ROA %: 1.16% (As of Dec. 2025) — 63% Above Median


TPE:1809 China Glaze Co Ltd TPE:1809
56 GF Score
Price NT$47.85
GF Value NT$18.57
Valuation Significantly Overvalued
! 3 Warning Signs
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What is China Glaze Co ROA %?

China Glaze Co TPE:1809 -7.80% 56 ROA % is 1.16% as of Dec. 2025, which is 63% above its 10-year median of 0.71. GuruFocus rates TPE:1809 with a GF Score™ of 56/100 and a GF Value™ of NT$18.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,782 Construction companies, China Glaze Co ranks worse than 67.9% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. China Glaze Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$52 Mil. China Glaze Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$4,481 Mil. Therefore, China Glaze Co's annualized ROA % for the quarter that ended in Dec. 2025 was 1.16%.

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

TPE:1809' s ROA % Range Over the Past 10 Years
Min: -1.37   Med: 0.71   Max: 2.08
Current: 0.71

During the past 13 years, China Glaze Co's highest ROA % was 2.08%. The lowest was -1.37%. And the median was 0.71%.

TPE:1809's ROA % is ranked worse than
67.9% of 1782 companies
in the Construction industry
Industry Median: 2.79 vs TPE:1809: 0.71

China Glaze Co  (TPE:1809) 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
=51.976/4480.5325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.976 / 2546.916)*(2546.916 / 4480.5325)
=Net Margin %*Asset Turnover
=2.04 %*0.5684
=1.16 %

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.


China Glaze Co ROA % Related Terms


China Glaze Co ROA % Historical Data

* Premium members only.

The historical data trend for China Glaze 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.

China Glaze Co ROA % Chart

China Glaze 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 0.97 1.38 -0.36 1.20 0.71

China Glaze 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 0.89 0.77 0.53 0.39 1.16

TPE:1809 vs TT, JCI, CARR: ROA % Comparison

For the Building Products & Equipment subindustry, China Glaze 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.


China Glaze Co ROA % vs Construction Industry

For the Construction industry and Industrials sector, China Glaze Co's ROA % distribution charts can be found below:

* The bar in red indicates where China Glaze Co's ROA % falls into.


TPE:1809
56GF Score
China Glaze Co Ltd TPE:1809
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Glaze Co ROA % Calculation

China Glaze 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 )
=32.108/( (4535.207+4511.725)/ 2 )
=32.108/4523.466
=0.71 %

China Glaze 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 )
=51.976/( (4449.34+4511.725)/ 2 )
=51.976/4480.5325
=1.16 %

* 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 1.16% mean?
China Glaze Co (TPE:1809) has a ROA % of 1.16% 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 China Glaze Co and its competitors. This is 63% above median its historical median of 0.71. According to the industry distribution chart, China Glaze Co ranks #1210 out of 1782 companies in the Construction industry, placing it in the top 67.9%.
Is China Glaze Co's ROA % too high?
China Glaze Co's current ROA % of 1.16% is 63% above median its 10-year median of 0.71. The Construction industry median ROA % is 2.79. China Glaze Co's value of 1.16% is 58.4% below this industry median. Based on the distribution chart, China Glaze Co ranks #1210 out of 1782 companies in the Construction industry, which is below the industry midpoint. Overall, China Glaze Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's ROA % compare to TT and JCI?
According to the Construction industry distribution chart, China Glaze Co ranks #1210 out of 1782 companies for ROA %. This places China Glaze Co in the lower half of its industry. The industry median ROA % is 2.79. China Glaze Co's value of 1.16% is 58.4% below this benchmark. While the company's 10-year median is 0.71 vs. the industry median of 2.79, China Glaze Co has consistently been below 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 Construction company?
The median ROA % among Construction companies is 2.79, based on 1,782 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. China Glaze Co's current ROA % of 1.16% is 58.4% 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 China Glaze Co and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glaze Co's current ROA % is 1.16%, which is 63% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.57, compared to a current price of NT$47.85 — trading 157.7% above its estimated fair value. The current ROA % is 1.16%, which is 63% above median its 10-year median of 0.71 and 58.4% below the Construction industry median of 2.79. China Glaze Co'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 China Glaze Co (TPE:1809), the current ROA % is 1.16% 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 China Glaze Co (TPE:1809) Overvalued in 2026?

Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued. The current stock price of NT$47.85 is trading 157.7% above its estimated GF Value™ of NT$18.57. GuruFocus considers China Glaze Co to be Significantly Overvalued.

Key valuation signals for TPE:1809:

  • ROA %: 1.16% (63% above median its 10-year median of 0.71)
  • GF Value™: NT$18.57 vs. price of NT$47.85 (157.7% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 58.4% below the Construction median (#1210 of 1782)

No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Glaze Co Business Description

Address No. 136, Chung Hsing Road, Section 4, Zhudong Township, Hsinchu, TWN, 31061
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
56GF Score

Get the complete analysis for TPE:1809

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

NT$47.85
Price
NT$18.57
GF Value