ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cheng Shin Rubber Industry Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$3,444 Mil.
Cheng Shin Rubber Industry Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$140,894 Mil. Therefore, Cheng Shin Rubber Industry Co's annualized ROA % for the quarter that ended in Dec. 2025 was 2.44%.
The historical rank and industry rank for Cheng Shin Rubber Industry Co's ROA % or its related term are showing as below:
TPE:2105'
s ROA % Range Over the Past 10 Years
Min: 1.99 Med: 3.43 Max: 7.93
Current: 3.41
During the past 13 years, Cheng Shin Rubber Industry Co's highest ROA % was 7.93%. The lowest was 1.99%. And the median was 3.43%.
TPE:2105's ROA % is ranked better than 53.26% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs TPE:2105: 3.41
Cheng Shin Rubber Industry Co (TPE:2105) 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 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.
Cheng Shin Rubber Industry Co ROA % Related Terms
Cheng Shin Rubber Industry Co ROA % Historical 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.
For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.
Cheng Shin Rubber Industry Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's ROA % distribution charts can be found below:
* The bar in red indicates where Cheng Shin Rubber Industry Co'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.
Cheng Shin Rubber Industry Co (TPE:2105) has a ROA % of 2.44% 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 Cheng Shin Rubber Industry Co and its competitors. This is 29% below median its historical median of 3.43. Over the past decade, Cheng Shin Rubber Industry Co's ROA % has ranged from 1.99 to 7.93. According to the industry distribution chart, Cheng Shin Rubber Industry Co ranks #624 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 46.7%.
Is Cheng Shin Rubber Industry Co's ROA % too high?
Cheng Shin Rubber Industry Co's current ROA % of 2.44% is 29% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 7.93. The Vehicles & Parts industry median ROA % is 2.95. Cheng Shin Rubber Industry Co's value of 2.44% is 17.3% below this industry median. Based on the distribution chart, Cheng Shin Rubber Industry Co ranks #624 out of 1335 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Cheng Shin Rubber Industry Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Shin Rubber Industry Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Cheng Shin Rubber Industry Co ranks #624 out of 1335 companies for ROA %. This puts Cheng Shin Rubber Industry Co in the upper half of its industry. The industry median ROA % is 2.95. Cheng Shin Rubber Industry Co's value of 2.44% is 17.3% below this benchmark. Historically, Cheng Shin Rubber Industry Co's own ROA % has ranged from 1.99 to 7.93 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 2.95, Cheng Shin Rubber Industry 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,335 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. Cheng Shin Rubber Industry Co's current ROA % of 2.44% is 17.3% 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 Cheng Shin Rubber Industry Co and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Shin Rubber Industry Co's current ROA % is 2.44%, which is 29% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Shin Rubber Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co (TPE:2105) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$42.43, compared to a current price of NT$29.40 — trading 30.7% below its estimated fair value. The current ROA % is 2.44%, which is 29% below median its 10-year median of 3.43 and 17.3% below the Vehicles & Parts industry median of 2.95. Cheng Shin Rubber Industry Co's overall GF Score™ is 70/100 with 4 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 Cheng Shin Rubber Industry Co (TPE:2105), the current ROA % is 2.44% 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 Cheng Shin Rubber Industry Co (TPE:2105) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co stock appears to be undervalued.
The current stock price of NT$29.40 is trading 30.7% below its estimated GF Value™ of NT$42.43.
GuruFocus considers Cheng Shin Rubber Industry Co to be Significantly Undervalued.
Key valuation signals for TPE:2105:
ROA %: 2.44% (29% below median its 10-year median of 3.43)
GF Value™: NT$42.43 vs. price of NT$29.40 (30.7% below fair value)
Industry Position: 17.3% below the Vehicles & Parts median (#624 of 1335)
No single metric tells the full story. See the TPE:2105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Shin Rubber Industry Co Business Description
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc. Its geographical segments are Taiwan, China, the United States, and Others.
70GF Score
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