The historical rank and industry rank for Shiny Chemical Industrial Co's ROE % or its related term are showing as below:
TPE:1773'
s ROE % Range Over the Past 10 Years
Min: 18.19 Med: 19.75 Max: 25.77
Current: 20.16
During the past 13 years, Shiny Chemical Industrial Co's highest ROE % was 25.77%. The lowest was 18.19%. And the median was 19.75%.
TPE:1773's ROE % is ranked better than 92.6% of 1581
companies
in the Chemicals industry
Industry Median: 5.21
vs TPE:1773: 20.16
Shiny Chemical Industrial Co (TPE:1773) 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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Shiny Chemical Industrial Co ROE % Related Terms
Shiny Chemical Industrial Co ROE % Historical Data
* 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.
For the Chemicals subindustry, Shiny Chemical Industrial 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.
Shiny Chemical Industrial Co ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shiny Chemical Industrial Co's ROE % distribution charts can be found below:
* The bar in red indicates where Shiny Chemical Industrial Co's ROE % falls into.
* 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Shiny Chemical Industrial Co (TPE:1773) has a ROE % of 20.98% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shiny Chemical Industrial Co and its competitors. This is near median its historical median of 19.75. Over the past decade, Shiny Chemical Industrial Co's ROE % has ranged from 18.19 to 25.77. According to the industry distribution chart, Shiny Chemical Industrial Co ranks #117 out of 1581 companies in the Chemicals industry, placing it in the top 7.4%.
Is Shiny Chemical Industrial Co's ROE % too high?
Shiny Chemical Industrial Co's current ROE % of 20.98% is near median its 10-year median of 19.75. Over the past 10 years, this metric has ranged from a low of 18.19 to a high of 25.77. The Chemicals industry median ROE % is 5.21. Shiny Chemical Industrial Co's value of 20.98% is 302.7% above this industry median. Based on the distribution chart, Shiny Chemical Industrial Co ranks #117 out of 1581 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shiny Chemical Industrial Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiny Chemical Industrial Co's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Shiny Chemical Industrial Co ranks #117 out of 1581 companies for ROE %. This places Shiny Chemical Industrial Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 5.21. Shiny Chemical Industrial Co's value of 20.98% is 302.7% above this benchmark. Historically, Shiny Chemical Industrial Co's own ROE % has ranged from 18.19 to 25.77 over the past decade. While the company's 10-year median is 19.75 vs. the industry median of 5.21, Shiny Chemical Industrial Co 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 Chemicals company?
The median ROE % among Chemicals companies is 5.21, based on 1,581 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. Shiny Chemical Industrial Co's current ROE % of 20.98% is 302.7% 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 Shiny Chemical Industrial Co and its competitors. For the Chemicals industry, the median ROE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiny Chemical Industrial Co's current ROE % is 20.98%, which is near median its own 10-year median of 19.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co (TPE:1773) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$144.60, compared to a current price of NT$175.50 — trading 21.4% above its estimated fair value. The current ROE % is 20.98%, which is near median its 10-year median of 19.75 and 302.7% above the Chemicals industry median of 5.21. Shiny Chemical Industrial Co's overall GF Score™ is 95/100 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 Shiny Chemical Industrial Co (TPE:1773), the current ROE % is 20.98% as of Mar. 2026. 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 Shiny Chemical Industrial Co (TPE:1773) Overvalued in 2026?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co stock appears to be overvalued.
The current stock price of NT$175.50 is trading 21.4% above its estimated GF Value™ of NT$144.60.
GuruFocus considers Shiny Chemical Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:1773:
ROE %: 20.98% (near median its 10-year median of 19.75)
GF Value™: NT$144.60 vs. price of NT$175.50 (21.4% above fair value)
Industry Position: 302.7% above the Chemicals median (#117 of 1581)
No single metric tells the full story. See the TPE:1773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiny Chemical Industrial Co Ltd is a Taiwan-based company predominantly engaged in the manufacturing and distribution of chemical solvent series products including N-Butyl Acetate, and N-Propyl Acetate, Propylene Glycol Monomethyl Ether Propionate and Methanol, and among others. Geographically, the company generates a majority of its revenue from Taiwan and the rest from South Korea, Vietnam, Thailand, China, and other markets.
95GF Score
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