Sinkang Industries Co (TPE:2032) ROCE %: 17.34% (As of Jun. 2026)

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TPE:2032 Sinkang Industries Co Ltd TPE:2032
71 GF Score
Price NT$17.30
GF Value NT$16.96
Valuation Fairly Valued
! 8 Warning Signs
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What is Sinkang Industries Co ROCE %?

Sinkang Industries Co TPE:2032 +1.47% 71 ROCE % is 17.34% as of Jun. 2026. GuruFocus rates TPE:2032 with a GF Score™ of 71/100 and a GF Value™ of NT$16.96 (Fairly Valued). The stock has 8 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. Sinkang Industries Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 17.34%.

Sinkang Industries Co  (TPE:2032) 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.

Sinkang Industries Co ROCE % Related Terms

Sinkang Industries Co ROCE % Historical Data

* Premium members only.

The historical data trend for Sinkang Industries Co'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.

Sinkang Industries Co ROCE % Chart

Sinkang Industries Co 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 10.64 2.42 -1.40 3.52 4.30

Sinkang Industries Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -3.20 8.44 6.36 16.29 17.34
TPE:2032
71GF Score
Sinkang Industries Co Ltd TPE:2032
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinkang Industries Co ROCE % Calculation

Sinkang Industries Co'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 )
=80.891/( ( (1972.018 - 106.468) + (2164.447 - 270.992) )/ 2 )
=80.891/( (1865.55+1893.455)/ 2 )
=80.891/1879.5025
=4.30 %

Sinkang Industries Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=332.784/( ( (2340.537 - 447.134) + (2363.446 - 418.327) )/ 2 )
=332.784/( ( 1893.403 + 1945.119 )/ 2 )
=332.784/1919.261
=17.34 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) 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 17.34% mean?
Sinkang Industries Co (TPE:2032) has a ROCE % of 17.34% as of Jun. 2026.
Is Sinkang Industries Co's ROCE % too high?
Sinkang Industries Co's current ROCE % is 17.34%. The Steel industry median ROCE % is 6.37. Sinkang Industries Co's value of 17.34% is 172.2% above this industry median. Overall, Sinkang Industries Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's ROCE % compare to NUE and STLD?
Sinkang Industries Co's ROCE % of 17.34% can be compared against companies in the Steel industry. The industry median ROCE % is 6.37. Sinkang Industries Co's value of 17.34% is 172.2% 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 a Steel company?
The median ROCE % among Steel companies is 6.37, based on 619 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. Sinkang Industries Co's current ROCE % of 17.34% is 172.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinkang Industries Co's current ROCE % is 17.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.96, compared to a current price of NT$17.30 — trading 2% above its estimated fair value. The current ROCE % is 17.34% and 172.2% above the Steel industry median of 6.37. Sinkang Industries Co's overall GF Score™ is 71/100 with 8 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 Sinkang Industries Co (TPE:2032), the current ROCE % is 17.34% as of Jun. 2026. 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?

Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be overvalued. The current stock price of NT$17.30 is trading 2% above its estimated GF Value™ of NT$16.96. GuruFocus considers Sinkang Industries Co to be Fairly Valued.

Key valuation signals for TPE:2032:

  • ROCE %: 17.34%
  • GF Value™: NT$16.96 vs. price of NT$17.30 (2% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 172.2% above the Steel median

No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sinkang Industries Co Business Description

Address No. 8 Da\'an Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242065
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
71GF Score

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

NT$17.30
Price
NT$16.96
GF Value