Shihlin Development Co (ROCO:5324) ROE %: 15.55% (As of Dec. 2025)


ROCO:5324 Shihlin Development Co Ltd ROCO:5324
55 GF Score
Price NT$12.05
GF Value NT$23.21
Valuation Possible Value Trap
! 8 Warning Signs
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What is Shihlin Development Co ROE %?

Shihlin Development Co ROCO:5324 55 ROE % is 15.55% as of Dec. 2025. GuruFocus rates ROCO:5324 with a GF Score™ of 55/100 and a GF Value™ of NT$23.21 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 823 Travel & Leisure companies, Shihlin Development Co ranks worse than 71.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shihlin Development Co's annualized net income for the quarter that ended in Dec. 2025 was NT$229 Mil. Shihlin Development Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,472 Mil. Therefore, Shihlin Development Co's annualized ROE % for the quarter that ended in Dec. 2025 was 15.55%.

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

ROCO:5324' s ROE % Range Over the Past 10 Years
Min: -13.82   Med: -2.59   Max: 10.88
Current: -0.82

During the past 13 years, Shihlin Development Co's highest ROE % was 10.88%. The lowest was -13.82%. And the median was -2.59%.

ROCO:5324's ROE % is ranked worse than
71.32% of 823 companies
in the Travel & Leisure industry
Industry Median: 5.44 vs ROCO:5324: -0.82

Shihlin Development Co  (ROCO:5324) 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
=228.896/1472.225
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(228.896 / 2191.156)*(2191.156 / 10223.2875)*(10223.2875 / 1472.225)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.45 %*0.2143*6.9441
=ROA %*Equity Multiplier
=2.24 %*6.9441
=15.55 %

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
=228.896/1472.225
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (228.896 / 274.668) * (274.668 / 321.204) * (321.204 / 2191.156) * (2191.156 / 10223.2875) * (10223.2875 / 1472.225)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8334 * 0.8551 * 14.66 % * 0.2143 * 6.9441
=15.55 %

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.


Shihlin Development Co ROE % Related Terms


Shihlin Development Co ROE % Historical Data

* Premium members only.

The historical data trend for Shihlin Development 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.

Shihlin Development Co ROE % Chart

Shihlin Development 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 -7.73 -13.25 -8.43 10.88 -0.82

Shihlin Development 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 35.78 -3.32 -3.15 -12.23 15.55

ROCO:5324 vs MAR, HLT, H: ROE % Comparison

For the Lodging subindustry, Shihlin Development 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.


Shihlin Development Co ROE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shihlin Development Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shihlin Development Co's ROE % falls into.


ROCO:5324
55GF Score
Shihlin Development Co Ltd ROCO:5324
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shihlin Development Co ROE % Calculation

Shihlin Development 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 )
=-12.324/( (1526.398+1494.527)/ 2 )
=-12.324/1510.4625
=-0.82 %

Shihlin Development 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 )
=228.896/( (1449.923+1494.527)/ 2 )
=228.896/1472.225
=15.55 %

* 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 15.55% mean?
Shihlin Development Co (ROCO:5324) has a ROE % of 15.55% 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 Shihlin Development Co and its competitors. According to the industry distribution chart, Shihlin Development Co ranks #587 out of 823 companies in the Travel & Leisure industry, placing it in the top 71.3%.
Is Shihlin Development Co's ROE % too high?
Shihlin Development Co's current ROE % is 15.55%. The Travel & Leisure industry median ROE % is 5.44. Shihlin Development Co's value of 15.55% is 185.8% above this industry median. Based on the distribution chart, Shihlin Development Co ranks #587 out of 823 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Shihlin Development Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shihlin Development Co's ROE % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shihlin Development Co ranks #587 out of 823 companies for ROE %. This places Shihlin Development Co in the lower half of its industry. The industry median ROE % is 5.44. Shihlin Development Co's value of 15.55% is 185.8% 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 ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.44, based on 823 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. Shihlin Development Co's current ROE % of 15.55% is 185.8% 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 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 Shihlin Development Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Development Co's current ROE % is 15.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Development Co (ROCO:5324) is currently considered Possible Value Trap. The stock's GF Value™ is NT$23.21, compared to a current price of NT$12.05 — trading 48.1% below its estimated fair value. The current ROE % is 15.55% and 185.8% above the Travel & Leisure industry median of 5.44. Shihlin Development Co's overall GF Score™ is 55/100 with 8 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 Shihlin Development Co (ROCO:5324), the current ROE % is 15.55% 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 Shihlin Development Co (ROCO:5324) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Development Co stock appears to be undervalued. The current stock price of NT$12.05 is trading 48.1% below its estimated GF Value™ of NT$23.21. GuruFocus considers Shihlin Development Co to be Possible Value Trap.

Key valuation signals for ROCO:5324:

  • ROE %: 15.55%
  • GF Value™: NT$23.21 vs. price of NT$12.05 (48.1% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 185.8% above the Travel & Leisure median (#587 of 823)

No single metric tells the full story. See the ROCO:5324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Development Co Business Description

Address Zhongshan North Road, 8th floor, Number 90, Section 6, Taipei, TWN, 111
Shihlin Development Co Ltd is engaged in the manufacturing and sales of small signal transistors, power transistors, and integrated circuits. The company has three reportable segments: the Construction and Development, the Leisure and Recreation, and the Catering and Hotel segments. The construction and development segment engages in the construction of commercial buildings, sales and leasing of residences, and real estate development. The leisure and recreation segment engages in the development of clubs and specific areas. The catering and hotel segment engages in the catering and hotel room business. It derives majority of the revenue from Catering and Hotel segment.
55GF Score

Get the complete analysis for ROCO:5324

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

NT$12.05
Price
NT$23.21
GF Value