Changing Information Technology (ROCO:8272) ROE %: 27.51% (As of Dec. 2025) — 22% Above Median

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ROCO:8272 Changing Information Technology Inc ROCO:8272
50 GF Score
Price NT$65.50
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What is Changing Information Technology ROE %?

Changing Information Technology ROCO:8272 +1.39% 50 ROE % is 27.51% as of Dec. 2025, which is 22% above its 10-year median of 22.46. GuruFocus rates ROCO:8272 with a GF Score™ of 50/100. Among 2,687 Software companies, Changing Information Technology ranks better than 74.73% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Changing Information Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$163.8 Mil. Changing Information Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$595.4 Mil. Therefore, Changing Information Technology's annualized ROE % for the quarter that ended in Dec. 2025 was 27.51%.

The historical rank and industry rank for Changing Information Technology's ROE % or its related term are showing as below:

ROCO:8272' s ROE % Range Over the Past 10 Years
Min: 14.42   Med: 22.46   Max: 24.54
Current: 15.26

During the past 7 years, Changing Information Technology's highest ROE % was 24.54%. The lowest was 14.42%. And the median was 22.46%.

ROCO:8272's ROE % is ranked better than
74.73% of 2687 companies
in the Software industry
Industry Median: 4.74 vs ROCO:8272: 15.26

Changing Information Technology  (ROCO:8272) 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
=163.804/595.3955
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(163.804 / 644.972)*(644.972 / 819.939)*(819.939 / 595.3955)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.4 %*0.7866*1.3771
=ROA %*Equity Multiplier
=19.98 %*1.3771
=27.51 %

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
=163.804/595.3955
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (163.804 / 197.804) * (197.804 / 187.068) * (187.068 / 644.972) * (644.972 / 819.939) * (819.939 / 595.3955)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8281 * 1.0574 * 29 % * 0.7866 * 1.3771
=27.51 %

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.


Changing Information Technology ROE % Related Terms


Changing Information Technology ROE % Historical Data

* Premium members only.

The historical data trend for Changing Information Technology'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.

Changing Information Technology ROE % Chart

Changing Information Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 24.03 24.41 20.89 14.42 14.88

Changing Information Technology Quarterly Data
Dec19 Dec20 Dec21 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 32.99 3.33 17.05 13.12 27.51

ROCO:8272 vs MSFT, ORCL, PLTR: ROE % Comparison

For the Software - Infrastructure subindustry, Changing Information Technology'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.


Changing Information Technology ROE % vs Software Industry

For the Software industry and Technology sector, Changing Information Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Changing Information Technology's ROE % falls into.


ROCO:8272
50GF Score
Changing Information Technology Inc ROCO:8272
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Changing Information Technology ROE % Calculation

Changing Information Technology'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 )
=88.456/( (573.003+615.878)/ 2 )
=88.456/594.4405
=14.88 %

Changing Information Technology'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 )
=163.804/( (574.913+615.878)/ 2 )
=163.804/595.3955
=27.51 %

* 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 27.51% mean?
Changing Information Technology (ROCO:8272) has a ROE % of 27.51% 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 Changing Information Technology and its competitors. This is 22% above median its historical median of 22.46. Over the past decade, Changing Information Technology's ROE % has ranged from 14.42 to 24.54. According to the industry distribution chart, Changing Information Technology ranks #679 out of 2687 companies in the Software industry, placing it in the top 25.3%.
Is Changing Information Technology's ROE % too high?
Changing Information Technology's current ROE % of 27.51% is 22% above median its 10-year median of 22.46. Over the past 10 years, this metric has ranged from a low of 14.42 to a high of 24.54. The Software industry median ROE % is 4.74. Changing Information Technology's value of 27.51% is 480.4% above this industry median. Based on the distribution chart, Changing Information Technology ranks #679 out of 2687 companies in the Software industry, which is above the industry midpoint. Overall, Changing Information Technology has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Changing Information Technology's ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, Changing Information Technology ranks #679 out of 2687 companies for ROE %. This puts Changing Information Technology in the upper half of its industry. The industry median ROE % is 4.74. Changing Information Technology's value of 27.51% is 480.4% above this benchmark. Historically, Changing Information Technology's own ROE % has ranged from 14.42 to 24.54 over the past decade. While the company's 10-year median is 22.46 vs. the industry median of 4.74, Changing Information Technology has consistently been above the industry average. 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 Software company?
The median ROE % among Software companies is 4.74, based on 2,687 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. Changing Information Technology's current ROE % of 27.51% is 480.4% 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 Changing Information Technology and its competitors. For the Software industry, the median ROE % is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changing Information Technology's current ROE % is 27.51%, which is 22% above median its own 10-year median of 22.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changing Information Technology stock overvalued right now?
Changing Information Technology (ROCO:8272) has a current ROE % of 27.51%. The current ROE % is 27.51%, which is 22% above median its 10-year median of 22.46 and 480.4% above the Software industry median of 4.74. Changing Information Technology's overall GF Score™ is 50/100. 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 Changing Information Technology (ROCO:8272), the current ROE % is 27.51% 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.

Changing Information Technology Business Description

Address 2nd Floor, 48 Park Ave.2, Hsinchu Science Park, Hsinchu, TWN, 30844
Changing Information Technology Inc principally engages in information software services, data processing services, electronic information supply services, and the research, development, production, manufacturing, and sales of various types of media, internet, image application, and text recognition application software and systems. The Company's reportable operating segment consists of a single department mainly engaged in the research, development, production, manufacture, and sales of information software services, data processing services, electronic information supply services, and packaged software for various media, the Internet, imaging applications, and optical character recognition. The company generates maximum revenue from Taiwan.
50GF Score

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