HUNG SHENG Construction Co (TPE:2534) ROA %: 1.23% (As of Dec. 2025) — 60% Below Median


TPE:2534 HUNG SHENG Construction Co Ltd TPE:2534
72 GF Score
Price NT$16.60
GF Value NT$18.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is HUNG SHENG Construction Co ROA %?

HUNG SHENG Construction Co TPE:2534 -1.19% 72 ROA % is 1.23% as of Dec. 2025, which is 60% below its 10-year median of 3.05. GuruFocus rates TPE:2534 with a GF Score™ of 72/100 and a GF Value™ of NT$18.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,804 Real Estate companies, HUNG SHENG Construction Co ranks better than 64.02% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HUNG SHENG Construction Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$388 Mil. HUNG SHENG Construction Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$31,548 Mil. Therefore, HUNG SHENG Construction Co's annualized ROA % for the quarter that ended in Dec. 2025 was 1.23%.

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

TPE:2534' s ROA % Range Over the Past 10 Years
Min: 0.92   Med: 3.05   Max: 9.49
Current: 3.06

During the past 13 years, HUNG SHENG Construction Co's highest ROA % was 9.49%. The lowest was 0.92%. And the median was 3.05%.

TPE:2534's ROA % is ranked better than
64.02% of 1804 companies
in the Real Estate industry
Industry Median: 1.7 vs TPE:2534: 3.06

HUNG SHENG Construction Co  (TPE:2534) 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
=388.28/31548.435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(388.28 / 1420.212)*(1420.212 / 31548.435)
=Net Margin %*Asset Turnover
=27.34 %*0.045
=1.23 %

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.


HUNG SHENG Construction Co ROA % Related Terms


HUNG SHENG Construction Co ROA % Historical Data

* Premium members only.

The historical data trend for HUNG SHENG Construction 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.

HUNG SHENG Construction Co ROA % Chart

HUNG SHENG Construction 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 2.54 6.20 1.65 0.92 3.05

HUNG SHENG Construction 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 3.65 5.90 4.86 0.19 1.23

HUNG SHENG Construction Co ROA % Competitor Comparison

For the Real Estate - Development subindustry, HUNG SHENG Construction 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.


HUNG SHENG Construction Co ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HUNG SHENG Construction Co's ROA % distribution charts can be found below:

* The bar in red indicates where HUNG SHENG Construction Co's ROA % falls into.


TPE:2534
72GF Score
HUNG SHENG Construction Co Ltd TPE:2534
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HUNG SHENG Construction Co ROA % Calculation

HUNG SHENG Construction 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 )
=974.432/( (32275.381+31612.069)/ 2 )
=974.432/31943.725
=3.05 %

HUNG SHENG Construction 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 )
=388.28/( (31484.801+31612.069)/ 2 )
=388.28/31548.435
=1.23 %

* 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 1.23% mean?
HUNG SHENG Construction Co (TPE:2534) has a ROA % of 1.23% 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 HUNG SHENG Construction Co and its competitors. This is 60% below median its historical median of 3.05. Over the past decade, HUNG SHENG Construction Co's ROA % has ranged from 0.92 to 9.49. According to the industry distribution chart, HUNG SHENG Construction Co ranks #649 out of 1804 companies in the Real Estate industry, placing it in the top 36%.
Is HUNG SHENG Construction Co's ROA % too high?
HUNG SHENG Construction Co's current ROA % of 1.23% is 60% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 9.49. The Real Estate industry median ROA % is 1.70. HUNG SHENG Construction Co's value of 1.23% is 27.6% below this industry median. Based on the distribution chart, HUNG SHENG Construction Co ranks #649 out of 1804 companies in the Real Estate industry, which is above the industry midpoint. Overall, HUNG SHENG Construction Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HUNG SHENG Construction Co's ROA % compare to competitors?
According to the Real Estate industry distribution chart, HUNG SHENG Construction Co ranks #649 out of 1804 companies for ROA %. This puts HUNG SHENG Construction Co in the upper half of its industry. The industry median ROA % is 1.70. HUNG SHENG Construction Co's value of 1.23% is 27.6% below this benchmark. Historically, HUNG SHENG Construction Co's own ROA % has ranged from 0.92 to 9.49 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 1.70, HUNG SHENG Construction 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 Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,804 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. HUNG SHENG Construction Co's current ROA % of 1.23% is 27.6% 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 HUNG SHENG Construction Co and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUNG SHENG Construction Co's current ROA % is 1.23%, which is 60% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUNG SHENG Construction Co stock overvalued right now?
Based on GuruFocus' analysis, HUNG SHENG Construction Co (TPE:2534) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.42, compared to a current price of NT$16.60 — trading 9.9% below its estimated fair value. The current ROA % is 1.23%, which is 60% below median its 10-year median of 3.05 and 27.6% below the Real Estate industry median of 1.70. HUNG SHENG Construction Co's overall GF Score™ is 72/100 with 7 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 HUNG SHENG Construction Co (TPE:2534), the current ROA % is 1.23% 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 HUNG SHENG Construction Co (TPE:2534) Overvalued in 2026?

Based on GuruFocus' analysis, HUNG SHENG Construction Co stock appears to be undervalued. The current stock price of NT$16.60 is trading 9.9% below its estimated GF Value™ of NT$18.42. GuruFocus considers HUNG SHENG Construction Co to be Modestly Undervalued.

Key valuation signals for TPE:2534:

  • ROA %: 1.23% (60% below median its 10-year median of 3.05)
  • GF Value™: NT$18.42 vs. price of NT$16.60 (9.9% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 27.6% below the Real Estate median (#649 of 1804)

No single metric tells the full story. See the TPE:2534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HUNG SHENG Construction Co Business Description

Address No. 168, Dunhua North Road, 14th Floor, Songshan District, Taipei, TWN
HUNG SHENG Construction Co Ltd engages in the commission of contractors to build public housing for sale and rental. The reportable segments of the consolidated company are as follows: Sale of real estate - Sales of residences and commercial buildings. Construction - Building of residences and commercial buildings. and Lease - Lease of investment property.
72GF Score

Get the complete analysis for TPE:2534

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

NT$16.60
Price
NT$18.42
GF Value