Hsinjing Holding Co (ROCO:3713) ROE %: -26.29% (As of Dec. 2025)


ROCO:3713 Hsinjing Holding Co Ltd ROCO:3713
62 GF Score
Price NT$14.50
GF Value NT$10.26
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hsinjing Holding Co ROE %?

Hsinjing Holding Co ROCO:3713 -1.69% 62 ROE % is -26.29% as of Dec. 2025. GuruFocus rates ROCO:3713 with a GF Score™ of 62/100 and a GF Value™ of NT$10.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,002 Semiconductors companies, Hsinjing Holding Co ranks worse than 82.04% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hsinjing Holding Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-192.3 Mil. Hsinjing Holding Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$731.3 Mil. Therefore, Hsinjing Holding Co's annualized ROE % for the quarter that ended in Dec. 2025 was -26.29%.

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

ROCO:3713' s ROE % Range Over the Past 10 Years
Min: -990.74   Med: -9.03   Max: 10.62
Current: -13.86

During the past 10 years, Hsinjing Holding Co's highest ROE % was 10.62%. The lowest was -990.74%. And the median was -9.03%.

ROCO:3713's ROE % is ranked worse than
82.04% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs ROCO:3713: -13.86

Hsinjing Holding Co  (ROCO:3713) 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
=-192.272/731.319
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-192.272 / 415.064)*(415.064 / 2851.63)*(2851.63 / 731.319)
=Net Margin %*Asset Turnover*Equity Multiplier
=-46.32 %*0.1456*3.8993
=ROA %*Equity Multiplier
=-6.74 %*3.8993
=-26.29 %

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
=-192.272/731.319
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-192.272 / -162.04) * (-162.04 / 35.888) * (35.888 / 415.064) * (415.064 / 2851.63) * (2851.63 / 731.319)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1866 * -4.5152 * 8.65 % * 0.1456 * 3.8993
=-26.29 %

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.


Hsinjing Holding Co ROE % Related Terms


Hsinjing Holding Co ROE % Historical Data

* Premium members only.

The historical data trend for Hsinjing Holding 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.

Hsinjing Holding Co ROE % Chart

Hsinjing Holding 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 6.07 10.62 -3.15 -6.50 -13.82

Hsinjing Holding 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 -4.63 6.64 -22.72 -11.36 -26.29

ROCO:3713 vs FSLR, NXT, ENPH: ROE % Comparison

For the Solar subindustry, Hsinjing Holding 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.


Hsinjing Holding Co ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hsinjing Holding Co's ROE % distribution charts can be found below:

* The bar in red indicates where Hsinjing Holding Co's ROE % falls into.


ROCO:3713
62GF Score
Hsinjing Holding Co Ltd ROCO:3713
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsinjing Holding Co ROE % Calculation

Hsinjing Holding 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 )
=-91.686/( (619.298+707.219)/ 2 )
=-91.686/663.2585
=-13.82 %

Hsinjing Holding 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 )
=-192.272/( (755.419+707.219)/ 2 )
=-192.272/731.319
=-26.29 %

* 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 -26.29% mean?
Hsinjing Holding Co (ROCO:3713) has a ROE % of -26.29% 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 Hsinjing Holding Co and its competitors. According to the industry distribution chart, Hsinjing Holding Co ranks #822 out of 1002 companies in the Semiconductors industry, placing it in the top 82%.
Is Hsinjing Holding Co's ROE % too high?
Hsinjing Holding Co's current ROE % is -26.29%. Based on the distribution chart, Hsinjing Holding Co ranks #822 out of 1002 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Hsinjing Holding Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsinjing Holding Co's ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hsinjing Holding Co ranks #822 out of 1002 companies for ROE %. This places Hsinjing Holding Co in the lower half of its industry. The industry median ROE % is 4.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 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 Hsinjing Holding Co and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsinjing Holding Co's current ROE % is -26.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsinjing Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Hsinjing Holding Co (ROCO:3713) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.26, compared to a current price of NT$14.50 — trading 41.3% above its estimated fair value. The current ROE % is -26.29%. Hsinjing Holding Co's overall GF Score™ is 62/100 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 Hsinjing Holding Co (ROCO:3713), the current ROE % is -26.29% 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 Hsinjing Holding Co (ROCO:3713) Overvalued in 2026?

Based on GuruFocus' analysis, Hsinjing Holding Co stock appears to be overvalued. The current stock price of NT$14.50 is trading 41.3% above its estimated GF Value™ of NT$10.26. GuruFocus considers Hsinjing Holding Co to be Significantly Overvalued.

Key valuation signals for ROCO:3713:

  • ROE %: -26.29%
  • GF Value™: NT$10.26 vs. price of NT$14.50 (41.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsinjing Holding Co Business Description

Address Fuxing 2nd Road, No. 193, Room 1, 3rd Floor, Hsinchu County, Zhubei, TWN, 302052
Hsinjing Holding Co Ltd, along with its subsidiaries, is engaged in the research and development, manufacturing, and sales of various types of solar panel modules, the construction of solar power plants, and the ownership of solar power stations. The majority of the group's revenue is generated from the Construction of solar power plants and through electricity sales. Geographically, it operates in Taiwan.
62GF Score

Get the complete analysis for ROCO:3713

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

NT$14.50
Price
NT$10.26
GF Value