Taiwan Fu Hsing Industrial Co (TPE:9924) ROA %: 6.51% (As of Dec. 2025) — 31% Below Median


TPE:9924 Taiwan Fu Hsing Industrial Co Ltd TPE:9924
82 GF Score
Price NT$40.00
GF Value NT$43.79
Valuation Fairly Valued
! 2 Warning Signs
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What is Taiwan Fu Hsing Industrial Co ROA %?

Taiwan Fu Hsing Industrial Co TPE:9924 -0.62% 82 ROA % is 6.51% as of Dec. 2025, which is 31% below its 10-year median of 9.45. GuruFocus rates TPE:9924 with a GF Score™ of 82/100 and a GF Value™ of NT$43.79 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,782 Construction companies, Taiwan Fu Hsing Industrial Co ranks better than 71.55% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taiwan Fu Hsing Industrial Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$584 Mil. Taiwan Fu Hsing Industrial Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$8,975 Mil. Therefore, Taiwan Fu Hsing Industrial Co's annualized ROA % for the quarter that ended in Dec. 2025 was 6.51%.

The historical rank and industry rank for Taiwan Fu Hsing Industrial Co's ROA % or its related term are showing as below:

TPE:9924' s ROA % Range Over the Past 10 Years
Min: 5.68   Med: 9.45   Max: 10.98
Current: 5.77

During the past 13 years, Taiwan Fu Hsing Industrial Co's highest ROA % was 10.98%. The lowest was 5.68%. And the median was 9.45%.

TPE:9924's ROA % is ranked better than
71.55% of 1782 companies
in the Construction industry
Industry Median: 2.79 vs TPE:9924: 5.77

Taiwan Fu Hsing Industrial Co  (TPE:9924) 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
=584.204/8975.2145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(584.204 / 6841.6)*(6841.6 / 8975.2145)
=Net Margin %*Asset Turnover
=8.54 %*0.7623
=6.51 %

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.


Taiwan Fu Hsing Industrial Co ROA % Related Terms


Taiwan Fu Hsing Industrial Co ROA % Historical Data

* Premium members only.

The historical data trend for Taiwan Fu Hsing Industrial 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.

Taiwan Fu Hsing Industrial Co ROA % Chart

Taiwan Fu Hsing Industrial 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 7.48 10.09 10.05 9.41 5.68

Taiwan Fu Hsing Industrial 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 8.89 8.20 -2.07 10.69 6.51

TPE:9924 vs TT, JCI, CARR: ROA % Comparison

For the Building Products & Equipment subindustry, Taiwan Fu Hsing Industrial 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.


Taiwan Fu Hsing Industrial Co ROA % vs Construction Industry

For the Construction industry and Industrials sector, Taiwan Fu Hsing Industrial Co's ROA % distribution charts can be found below:

* The bar in red indicates where Taiwan Fu Hsing Industrial Co's ROA % falls into.


TPE:9924
82GF Score
Taiwan Fu Hsing Industrial Co Ltd TPE:9924
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Fu Hsing Industrial Co ROA % Calculation

Taiwan Fu Hsing Industrial 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 )
=533.488/( (9689.031+9101.647)/ 2 )
=533.488/9395.339
=5.68 %

Taiwan Fu Hsing Industrial 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 )
=584.204/( (8848.782+9101.647)/ 2 )
=584.204/8975.2145
=6.51 %

* 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 6.51% mean?
Taiwan Fu Hsing Industrial Co (TPE:9924) has a ROA % of 6.51% 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 Taiwan Fu Hsing Industrial Co and its competitors. This is 31% below median its historical median of 9.45. Over the past decade, Taiwan Fu Hsing Industrial Co's ROA % has ranged from 5.68 to 10.98. According to the industry distribution chart, Taiwan Fu Hsing Industrial Co ranks #507 out of 1782 companies in the Construction industry, placing it in the top 28.5%.
Is Taiwan Fu Hsing Industrial Co's ROA % too high?
Taiwan Fu Hsing Industrial Co's current ROA % of 6.51% is 31% below median its 10-year median of 9.45. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 10.98. The Construction industry median ROA % is 2.79. Taiwan Fu Hsing Industrial Co's value of 6.51% is 133.3% above this industry median. Based on the distribution chart, Taiwan Fu Hsing Industrial Co ranks #507 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Taiwan Fu Hsing Industrial Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Fu Hsing Industrial Co's ROA % compare to TT and JCI?
According to the Construction industry distribution chart, Taiwan Fu Hsing Industrial Co ranks #507 out of 1782 companies for ROA %. This puts Taiwan Fu Hsing Industrial Co in the upper half of its industry. The industry median ROA % is 2.79. Taiwan Fu Hsing Industrial Co's value of 6.51% is 133.3% above this benchmark. Historically, Taiwan Fu Hsing Industrial Co's own ROA % has ranged from 5.68 to 10.98 over the past decade. While the company's 10-year median is 9.45 vs. the industry median of 2.79, Taiwan Fu Hsing Industrial 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 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. Taiwan Fu Hsing Industrial Co's current ROA % of 6.51% is 133.3% 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 Taiwan Fu Hsing Industrial 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. Taiwan Fu Hsing Industrial Co's current ROA % is 6.51%, which is 31% below median its own 10-year median of 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Fu Hsing Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Fu Hsing Industrial Co (TPE:9924) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.79, compared to a current price of NT$40.00 — trading 8.7% below its estimated fair value. The current ROA % is 6.51%, which is 31% below median its 10-year median of 9.45 and 133.3% above the Construction industry median of 2.79. Taiwan Fu Hsing Industrial Co's overall GF Score™ is 82/100 with 2 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 Taiwan Fu Hsing Industrial Co (TPE:9924), the current ROA % is 6.51% 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 Taiwan Fu Hsing Industrial Co (TPE:9924) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Fu Hsing Industrial Co stock appears to be undervalued. The current stock price of NT$40.00 is trading 8.7% below its estimated GF Value™ of NT$43.79. GuruFocus considers Taiwan Fu Hsing Industrial Co to be Fairly Valued.

Key valuation signals for TPE:9924:

  • ROA %: 6.51% (31% below median its 10-year median of 9.45)
  • GF Value™: NT$43.79 vs. price of NT$40.00 (8.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 133.3% above the Construction median (#507 of 1782)

No single metric tells the full story. See the TPE:9924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Fu Hsing Industrial Co Business Description

Address No. 88, Yucai Road, Benzhou Village, Gangshan District, Kaohsiung, TWN, 820
Taiwan Fu Hsing Industrial Co Ltd is engaged in the manufacture and distribution of door locks and related accessories and furniture. The products of the company include commercial door locks, residential door locks, door lock parts, door closing-related products, fire door hardware, electronic door locks, flat handle locks, round handle and flat handle horn locks, auxiliary locks, interlocking locks, large handle locks, and European standard lockboxes, floor springs, and tooling. Geographically, the company generates a majority of its revenue from its customers located in the United States followed by Asia, Europe, and other regions.
82GF Score

Get the complete analysis for TPE:9924

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

NT$40.00
Price
NT$43.79
GF Value