Shin HsiungNatural Gas (ROCO:8908) ROCE %: 13.09% (As of Dec. 2025)


ROCO:8908 Shin HsiungNatural Gas Inc ROCO:8908
79 GF Score
Price NT$41.75
GF Value NT$76.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Shin HsiungNatural Gas ROCE %?

Shin HsiungNatural Gas ROCO:8908 79 ROCE % is 13.09% as of Dec. 2025. GuruFocus rates ROCO:8908 with a GF Score™ of 79/100 and a GF Value™ of NT$76.87 (Significantly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Shin HsiungNatural Gas's annualized ROCE % for the quarter that ended in Dec. 2025 was 13.09%.

Shin HsiungNatural Gas  (ROCO:8908) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Shin HsiungNatural Gas ROCE % Related Terms

Shin HsiungNatural Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Shin HsiungNatural Gas's ROCE % 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.

Shin HsiungNatural Gas ROCE % Chart

Shin HsiungNatural Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.34 13.58 12.29 12.56 12.38

Shin HsiungNatural Gas Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROCE % 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 17.54 13.25 14.59 11.51 13.09
ROCO:8908
79GF Score
Shin HsiungNatural Gas Inc ROCO:8908
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin HsiungNatural Gas ROCE % Calculation

Shin HsiungNatural Gas's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=875.218/( ( (9674.623 - 3487.163) + (11891.598 - 3938.289) )/ 2 )
=875.218/( (6187.46+7953.309)/ 2 )
=875.218/7070.3845
=12.38 %

Shin HsiungNatural Gas's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=971.964/( ( (10997.123 - 4104.27) + (11891.598 - 3938.289) )/ 2 )
=971.964/( ( 6892.853 + 7953.309 )/ 2 )
=971.964/7423.081
=13.09 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 13.09% mean?
Shin HsiungNatural Gas (ROCO:8908) has a ROCE % of 13.09% as of Dec. 2025.
Is Shin HsiungNatural Gas' ROCE % too high?
Shin HsiungNatural Gas' current ROCE % is 13.09%. The Utilities - Regulated industry median ROCE % is 6.91. Shin HsiungNatural Gas' value of 13.09% is 89.4% above this industry median. Overall, Shin HsiungNatural Gas has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' ROCE % compare to ATO and NI?
Shin HsiungNatural Gas' ROCE % of 13.09% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Shin HsiungNatural Gas' value of 13.09% is 89.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shin HsiungNatural Gas's current ROCE % of 13.09% is 89.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin HsiungNatural Gas's current ROCE % is 13.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$76.87, compared to a current price of NT$41.75 — trading 45.7% below its estimated fair value. The current ROCE % is 13.09% and 89.4% above the Utilities - Regulated industry median of 6.91. Shin HsiungNatural Gas' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Shin HsiungNatural Gas (ROCO:8908), the current ROCE % is 13.09% 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 Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?

Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued. The current stock price of NT$41.75 is trading 45.7% below its estimated GF Value™ of NT$76.87. GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.

Key valuation signals for ROCO:8908:

  • ROCE %: 13.09%
  • GF Value™: NT$76.87 vs. price of NT$41.75 (45.7% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 89.4% above the Utilities - Regulated median

No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shin HsiungNatural Gas Business Description

Address No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830061
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
79GF Score

Get the complete analysis for ROCO:8908

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

NT$41.75
Price
NT$76.87
GF Value