Chenming Electronic Technology (TPE:3013) ROA %: 14.30% (As of Dec. 2025) — 321% Above Median


TPE:3013 Chenming Electronic Technology Corp TPE:3013
88 GF Score
Price NT$109.00
GF Value NT$147.76
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Chenming Electronic Technology ROA %?

Chenming Electronic Technology TPE:3013 -2.24% 88 ROA % is 14.30% as of Dec. 2025, which is 321% above its 10-year median of 3.40. GuruFocus rates TPE:3013 with a GF Score™ of 88/100 and a GF Value™ of NT$147.76 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,496 Hardware companies, Chenming Electronic Technology ranks better than 86.7% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chenming Electronic Technology's annualized Net Income for the quarter that ended in Dec. 2025 was NT$1,303 Mil. Chenming Electronic Technology's average Total Assets over the quarter that ended in Dec. 2025 was NT$9,117 Mil. Therefore, Chenming Electronic Technology's annualized ROA % for the quarter that ended in Dec. 2025 was 14.30%.

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

TPE:3013' s ROA % Range Over the Past 10 Years
Min: -1.89   Med: 3.4   Max: 9.61
Current: 9.53

During the past 13 years, Chenming Electronic Technology's highest ROA % was 9.61%. The lowest was -1.89%. And the median was 3.40%.

TPE:3013's ROA % is ranked better than
86.7% of 2496 companies
in the Hardware industry
Industry Median: 2.28 vs TPE:3013: 9.53

Chenming Electronic Technology  (TPE:3013) 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
=1303.352/9117.457
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1303.352 / 12220.404)*(12220.404 / 9117.457)
=Net Margin %*Asset Turnover
=10.67 %*1.3403
=14.30 %

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.


Chenming Electronic Technology ROA % Related Terms


Chenming Electronic Technology ROA % Historical Data

* Premium members only.

The historical data trend for Chenming Electronic Technology'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.

Chenming Electronic Technology ROA % Chart

Chenming Electronic Technology 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 -1.89 3.08 3.72 9.61 9.03

Chenming Electronic Technology 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 14.38 8.02 5.42 10.49 14.30

TPE:3013 vs SNDK, DELL, STX: ROA % Comparison

For the Computer Hardware subindustry, Chenming Electronic Technology'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.


Chenming Electronic Technology ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Chenming Electronic Technology's ROA % distribution charts can be found below:

* The bar in red indicates where Chenming Electronic Technology's ROA % falls into.


TPE:3013
88GF Score
Chenming Electronic Technology Corp TPE:3013
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chenming Electronic Technology ROA % Calculation

Chenming Electronic Technology'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 )
=827.01/( (8675.613+9633.745)/ 2 )
=827.01/9154.679
=9.03 %

Chenming Electronic Technology'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 )
=1303.352/( (8601.169+9633.745)/ 2 )
=1303.352/9117.457
=14.30 %

* 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 14.30% mean?
Chenming Electronic Technology (TPE:3013) has a ROA % of 14.30% 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 Chenming Electronic Technology and its competitors. This is 321% above median its historical median of 3.40. According to the industry distribution chart, Chenming Electronic Technology ranks #332 out of 2496 companies in the Hardware industry, placing it in the top 13.3%.
Is Chenming Electronic Technology's ROA % too high?
Chenming Electronic Technology's current ROA % of 14.30% is 321% above median its 10-year median of 3.40. The Hardware industry median ROA % is 2.28. Chenming Electronic Technology's value of 14.30% is 527.2% above this industry median. Based on the distribution chart, Chenming Electronic Technology ranks #332 out of 2496 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chenming Electronic Technology has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chenming Electronic Technology's ROA % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chenming Electronic Technology ranks #332 out of 2496 companies for ROA %. This places Chenming Electronic Technology in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.28. Chenming Electronic Technology's value of 14.30% is 527.2% above this benchmark. While the company's 10-year median is 3.40 vs. the industry median of 2.28, Chenming Electronic Technology 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,496 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. Chenming Electronic Technology's current ROA % of 14.30% is 527.2% 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 Chenming Electronic Technology and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenming Electronic Technology's current ROA % is 14.30%, which is 321% above median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenming Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Chenming Electronic Technology (TPE:3013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$147.76, compared to a current price of NT$109.00 — trading 26.2% below its estimated fair value. The current ROA % is 14.30%, which is 321% above median its 10-year median of 3.40 and 527.2% above the Hardware industry median of 2.28. Chenming Electronic Technology's overall GF Score™ is 88/100 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 Chenming Electronic Technology (TPE:3013), the current ROA % is 14.30% 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 Chenming Electronic Technology (TPE:3013) Overvalued in 2026?

Based on GuruFocus' analysis, Chenming Electronic Technology stock appears to be undervalued. The current stock price of NT$109.00 is trading 26.2% below its estimated GF Value™ of NT$147.76. GuruFocus considers Chenming Electronic Technology to be Modestly Undervalued.

Key valuation signals for TPE:3013:

  • ROA %: 14.30% (321% above median its 10-year median of 3.40)
  • GF Value™: NT$147.76 vs. price of NT$109.00 (26.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 527.2% above the Hardware median (#332 of 2496)

No single metric tells the full story. See the TPE:3013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chenming Electronic Technology Business Description

Address Section 6, Minquan East Road, 2-6 Floor, No. 27, Neihu District, Taipei, TWN, 114
Chenming Electronic Technology Corp is engaged in the manufacturing, research and development, and sale of server cases and computer cases. Geographically, it operates in China, Taiwan, the USA, and other countries. It generates the majority of its revenue from the USA, followed by Taiwan. The group has only one operating segment, which produces computer and mobile device components.
88GF Score

Get the complete analysis for TPE:3013

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

NT$109.00
Price
NT$147.76
GF Value