Tacheng Real Estate Co (ROCO:6171) ROE %: -0.16% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6171 Tacheng Real Estate Co Ltd ROCO:6171
76 GF Score
Price NT$23.20
GF Value NT$20.53
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tacheng Real Estate Co ROE %?

Tacheng Real Estate Co ROCO:6171 -0.64% 76 ROE % is -0.16% as of Dec. 2025. GuruFocus rates ROCO:6171 with a GF Score™ of 76/100 and a GF Value™ of NT$20.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,732 Real Estate companies, Tacheng Real Estate Co ranks better than 86.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tacheng Real Estate Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-4 Mil. Tacheng Real Estate Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$2,536 Mil. Therefore, Tacheng Real Estate Co's annualized ROE % for the quarter that ended in Dec. 2025 was -0.16%.

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

ROCO:6171' s ROE % Range Over the Past 10 Years
Min: 0.31   Med: 14.23   Max: 28.89
Current: 15.83

During the past 13 years, Tacheng Real Estate Co's highest ROE % was 28.89%. The lowest was 0.31%. And the median was 14.23%.

ROCO:6171's ROE % is ranked better than
86.78% of 1732 companies
in the Real Estate industry
Industry Median: 4.01 vs ROCO:6171: 15.83

Tacheng Real Estate Co  (ROCO:6171) 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
=-4.144/2536.402
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.144 / 55.152)*(55.152 / 4348.821)*(4348.821 / 2536.402)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.51 %*0.0127*1.7146
=ROA %*Equity Multiplier
=-0.1 %*1.7146
=-0.16 %

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
=-4.144/2536.402
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.144 / -9.188) * (-9.188 / -24.516) * (-24.516 / 55.152) * (55.152 / 4348.821) * (4348.821 / 2536.402)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.451 * 0.3748 * -44.45 % * 0.0127 * 1.7146
=-0.16 %

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.


Tacheng Real Estate Co ROE % Related Terms


Tacheng Real Estate Co ROE % Historical Data

* Premium members only.

The historical data trend for Tacheng Real Estate 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.

Tacheng Real Estate Co ROE % Chart

Tacheng Real Estate 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 28.89 20.06 12.99 26.12 15.47

Tacheng Real Estate 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 58.97 0.48 48.41 16.49 -0.16

Tacheng Real Estate Co ROE % Competitor Comparison

For the Real Estate - Development subindustry, Tacheng Real Estate 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.


Tacheng Real Estate Co ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tacheng Real Estate Co's ROE % distribution charts can be found below:

* The bar in red indicates where Tacheng Real Estate Co's ROE % falls into.


ROCO:6171
76GF Score
Tacheng Real Estate Co Ltd ROCO:6171
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tacheng Real Estate Co ROE % Calculation

Tacheng Real Estate 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 )
=381.982/( (2403.902+2535.884)/ 2 )
=381.982/2469.893
=15.47 %

Tacheng Real Estate 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 )
=-4.144/( (2536.92+2535.884)/ 2 )
=-4.144/2536.402
=-0.16 %

* 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 -0.16% mean?
Tacheng Real Estate Co (ROCO:6171) has a ROE % of -0.16% 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 Tacheng Real Estate Co and its competitors. Over the past decade, Tacheng Real Estate Co's ROE % has ranged from 0.31 to 28.89. According to the industry distribution chart, Tacheng Real Estate Co ranks #229 out of 1732 companies in the Real Estate industry, placing it in the top 13.2%.
Is Tacheng Real Estate Co's ROE % too high?
Tacheng Real Estate Co's current ROE % is -0.16%. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 28.89. Based on the distribution chart, Tacheng Real Estate Co ranks #229 out of 1732 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Tacheng Real Estate Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tacheng Real Estate Co's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Tacheng Real Estate Co ranks #229 out of 1732 companies for ROE %. This places Tacheng Real Estate Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 4.01. Historically, Tacheng Real Estate Co's own ROE % has ranged from 0.31 to 28.89 over the past decade. 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 Real Estate company?
The median ROE % among Real Estate companies is 4.01, based on 1,732 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 Tacheng Real Estate Co and its competitors. For the Real Estate industry, the median ROE % is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tacheng Real Estate Co's current ROE % is -0.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tacheng Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Tacheng Real Estate Co (ROCO:6171) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.53, compared to a current price of NT$23.20 — trading 13% above its estimated fair value. The current ROE % is -0.16%. Tacheng Real Estate Co's overall GF Score™ is 76/100 with 4 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 Tacheng Real Estate Co (ROCO:6171), the current ROE % is -0.16% 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 Tacheng Real Estate Co (ROCO:6171) Overvalued in 2026?

Based on GuruFocus' analysis, Tacheng Real Estate Co stock appears to be overvalued. The current stock price of NT$23.20 is trading 13% above its estimated GF Value™ of NT$20.53. GuruFocus considers Tacheng Real Estate Co to be Modestly Overvalued.

Key valuation signals for ROCO:6171:

  • ROE %: -0.16%
  • GF Value™: NT$20.53 vs. price of NT$23.20 (13% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tacheng Real Estate Co Business Description

Address Sec. 4, Taiwan Boulevard, 6th Floor, No. 839, Xitun District, Taichung, TWN, 407
Tacheng Real Estate Co Ltd is engaged in engaged in housing construction, rental and sales of commercial buildings, real estate trading, construction materials trading and import/export, interior decoration design, etc.
76GF Score

Get the complete analysis for ROCO:6171

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

NT$23.20
Price
NT$20.53
GF Value