Chia Yi Steel Co (ROCO:2067) ROE %: -21.40% (As of Dec. 2025)


ROCO:2067 Chia Yi Steel Co Ltd ROCO:2067
36 GF Score
Price NT$6.56
GF Value NT$9.71
Valuation Possible Value Trap
! 7 Warning Signs
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What is Chia Yi Steel Co ROE %?

Chia Yi Steel Co ROCO:2067 -3.39% 36 ROE % is -21.40% as of Dec. 2025. GuruFocus rates ROCO:2067 with a GF Score™ of 36/100 and a GF Value™ of NT$9.71 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,003 Industrial Products companies, Chia Yi Steel Co ranks worse than 95.84% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Chia Yi Steel Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-57 Mil. Chia Yi Steel Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$267 Mil. Therefore, Chia Yi Steel Co's annualized ROE % for the quarter that ended in Dec. 2025 was -21.40%.

The historical rank and industry rank for Chia Yi Steel Co's ROE % or its related term are showing as below:

ROCO:2067' s ROE % Range Over the Past 10 Years
Min: -50.75   Med: -9.15   Max: 12.84
Current: -48.78

During the past 13 years, Chia Yi Steel Co's highest ROE % was 12.84%. The lowest was -50.75%. And the median was -9.15%.

ROCO:2067's ROE % is ranked worse than
95.84% of 3003 companies
in the Industrial Products industry
Industry Median: 5.86 vs ROCO:2067: -48.78

Chia Yi Steel Co  (ROCO:2067) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-57.14/266.979
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-57.14 / 1025.5)*(1025.5 / 1930.7455)*(1930.7455 / 266.979)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.57 %*0.5311*7.2318
=ROA %*Equity Multiplier
=-2.96 %*7.2318
=-21.40 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-57.14/266.979
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-57.14 / -75.044) * (-75.044 / -86.912) * (-86.912 / 1025.5) * (1025.5 / 1930.7455) * (1930.7455 / 266.979)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7614 * 0.8634 * -8.48 % * 0.5311 * 7.2318
=-21.40 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Chia Yi Steel Co ROE % Related Terms


Chia Yi Steel Co ROE % Historical Data

* Premium members only.

The historical data trend for Chia Yi Steel Co's ROE % 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.

Chia Yi Steel Co ROE % Chart

Chia Yi Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.59 -6.96 -9.30 -41.96 -50.75

Chia Yi Steel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % 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 -47.20 -50.95 -56.69 -63.23 -21.40

ROCO:2067 vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Chia Yi Steel Co's ROE %, along with its competitors' market caps and ROE % 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.


Chia Yi Steel Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chia Yi Steel Co's ROE % distribution charts can be found below:

* The bar in red indicates where Chia Yi Steel Co's ROE % falls into.


ROCO:2067
36GF Score
Chia Yi Steel Co Ltd ROCO:2067
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chia Yi Steel Co ROE % Calculation

Chia Yi Steel Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-126.529/( (237.088+261.502)/ 2 )
=-126.529/249.295
=-50.75 %

Chia Yi Steel Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-57.14/( (272.456+261.502)/ 2 )
=-57.14/266.979
=-21.40 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -21.40% mean?
Chia Yi Steel Co (ROCO:2067) has a ROE % of -21.40% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Chia Yi Steel Co and its competitors. According to the industry distribution chart, Chia Yi Steel Co ranks #2878 out of 3003 companies in the Industrial Products industry, placing it in the top 95.8%.
Is Chia Yi Steel Co's ROE % too high?
Chia Yi Steel Co's current ROE % is -21.40%. Based on the distribution chart, Chia Yi Steel Co ranks #2878 out of 3003 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chia Yi Steel Co has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chia Yi Steel Co's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chia Yi Steel Co ranks #2878 out of 3003 companies for ROE %. This places Chia Yi Steel Co in the lower half of its industry. The industry median ROE % is 5.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Chia Yi Steel Co and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chia Yi Steel Co's current ROE % is -21.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chia Yi Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chia Yi Steel Co (ROCO:2067) is currently considered Possible Value Trap. The stock's GF Value™ is NT$9.71, compared to a current price of NT$6.56 — trading 32.4% below its estimated fair value. The current ROE % is -21.40%. Chia Yi Steel Co's overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Chia Yi Steel Co (ROCO:2067), the current ROE % is -21.40% 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 Chia Yi Steel Co (ROCO:2067) Overvalued in 2026?

Based on GuruFocus' analysis, Chia Yi Steel Co stock appears to be undervalued. The current stock price of NT$6.56 is trading 32.4% below its estimated GF Value™ of NT$9.71. GuruFocus considers Chia Yi Steel Co to be Possible Value Trap.

Key valuation signals for ROCO:2067:

  • ROE %: -21.40%
  • GF Value™: NT$9.71 vs. price of NT$6.56 (32.4% below fair value)
  • GF Score™: 36/100 with 7 warning signs

No single metric tells the full story. See the ROCO:2067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chia Yi Steel Co Business Description

Address No. 21, Chenggong 2nd Street, Beidou Village, Chiayi County, Minxiong, TWN, 62155
Chia Yi Steel Co Ltd is engaged in the casting; processing and trading of various cast irons. Its products include hydraulic parts, industrial parts, and car parts. The company covers mechanical parts, hydraulic valve bodies, compressors, transporters, construction machinery, agricultural machinery, ships, cranes, engines, transmissions, braking systems, spring brackets, and other parts. It also produces railway parts, Elevator pulleys, pumps, bolt mechanical parts, and product assembly operations. The company supplies its products to Asia; European and American countries.
36GF Score

Get the complete analysis for ROCO:2067

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

NT$6.56
Price
NT$9.71
GF Value