China Steel Structure Co (TPE:2013) ROE %: 13.28% (As of Dec. 2025) — 39% Above Median


TPE:2013 China Steel Structure Co Ltd TPE:2013
81 GF Score
Price NT$44.00
GF Value NT$57.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is China Steel Structure Co ROE %?

China Steel Structure Co TPE:2013 +0.57% 81 ROE % is 13.28% as of Dec. 2025, which is 39% above its 10-year median of 9.54. GuruFocus rates TPE:2013 with a GF Score™ of 81/100 and a GF Value™ of NT$57.88 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 619 Steel companies, China Steel Structure Co ranks better than 81.42% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. China Steel Structure Co's annualized net income for the quarter that ended in Dec. 2025 was NT$740 Mil. China Steel Structure Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$5,575 Mil. Therefore, China Steel Structure Co's annualized ROE % for the quarter that ended in Dec. 2025 was 13.28%.

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

TPE:2013' s ROE % Range Over the Past 10 Years
Min: 1.29   Med: 9.54   Max: 13.87
Current: 11.62

During the past 13 years, China Steel Structure Co's highest ROE % was 13.87%. The lowest was 1.29%. And the median was 9.54%.

TPE:2013's ROE % is ranked better than
81.42% of 619 companies
in the Steel industry
Industry Median: 3.68 vs TPE:2013: 11.62

China Steel Structure Co  (TPE:2013) 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
=740.308/5574.7775
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(740.308 / 21008.792)*(21008.792 / 14758.0085)*(14758.0085 / 5574.7775)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.52 %*1.4236*2.6473
=ROA %*Equity Multiplier
=5.01 %*2.6473
=13.28 %

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
=740.308/5574.7775
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (740.308 / 799.524) * (799.524 / 504.252) * (504.252 / 21008.792) * (21008.792 / 14758.0085) * (14758.0085 / 5574.7775)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9259 * 1.5856 * 2.4 % * 1.4236 * 2.6473
=13.28 %

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.


China Steel Structure Co ROE % Related Terms


China Steel Structure Co ROE % Historical Data

* Premium members only.

The historical data trend for China Steel Structure 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.

China Steel Structure Co ROE % Chart

China Steel Structure 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 9.89 9.18 10.06 9.97 11.50

China Steel Structure 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 10.35 9.09 10.86 13.41 13.28

TPE:2013 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, China Steel Structure 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.


China Steel Structure Co ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, China Steel Structure Co's ROE % distribution charts can be found below:

* The bar in red indicates where China Steel Structure Co's ROE % falls into.


TPE:2013
81GF Score
China Steel Structure Co Ltd TPE:2013
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Steel Structure Co ROE % Calculation

China Steel Structure 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 )
=638.401/( (5428.524+5676.777)/ 2 )
=638.401/5552.6505
=11.50 %

China Steel Structure 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 )
=740.308/( (5472.778+5676.777)/ 2 )
=740.308/5574.7775
=13.28 %

* 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 13.28% mean?
China Steel Structure Co (TPE:2013) has a ROE % of 13.28% 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 China Steel Structure Co and its competitors. This is 39% above median its historical median of 9.54. Over the past decade, China Steel Structure Co's ROE % has ranged from 1.29 to 13.87. According to the industry distribution chart, China Steel Structure Co ranks #115 out of 619 companies in the Steel industry, placing it in the top 18.6%.
Is China Steel Structure Co's ROE % too high?
China Steel Structure Co's current ROE % of 13.28% is 39% above median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 13.87. The Steel industry median ROE % is 3.68. China Steel Structure Co's value of 13.28% is 260.9% above this industry median. Based on the distribution chart, China Steel Structure Co ranks #115 out of 619 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, China Steel Structure Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel Structure Co's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel Structure Co ranks #115 out of 619 companies for ROE %. This places China Steel Structure Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 3.68. China Steel Structure Co's value of 13.28% is 260.9% above this benchmark. Historically, China Steel Structure Co's own ROE % has ranged from 1.29 to 13.87 over the past decade. While the company's 10-year median is 9.54 vs. the industry median of 3.68, China Steel Structure 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 Steel company?
The median ROE % among Steel companies is 3.68, based on 619 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. China Steel Structure Co's current ROE % of 13.28% is 260.9% 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 China Steel Structure Co and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel Structure Co's current ROE % is 13.28%, which is 39% above median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, China Steel Structure Co (TPE:2013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.88, compared to a current price of NT$44.00 — trading 24% below its estimated fair value. The current ROE % is 13.28%, which is 39% above median its 10-year median of 9.54 and 260.9% above the Steel industry median of 3.68. China Steel Structure Co's overall GF Score™ is 81/100 with 1 warning sign 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 China Steel Structure Co (TPE:2013), the current ROE % is 13.28% 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 China Steel Structure Co (TPE:2013) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel Structure Co stock appears to be undervalued. The current stock price of NT$44.00 is trading 24% below its estimated GF Value™ of NT$57.88. GuruFocus considers China Steel Structure Co to be Modestly Undervalued.

Key valuation signals for TPE:2013:

  • ROE %: 13.28% (39% above median its 10-year median of 9.54)
  • GF Value™: NT$57.88 vs. price of NT$44.00 (24% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 260.9% above the Steel median (#115 of 619)

No single metric tells the full story. See the TPE:2013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Structure Co Business Description

Address No.500 Zhongxing Road, Yanchao district, Kaohsiung, TWN, 82477
China Steel Structure Co Ltd is engaged in designing, processing, manufacturing, assembling and selling steel built-up sections; providing technical services for the construction of steel structures, importing and exporting metal and construction materials and real estate leasing. The Group's reportable segments are CSSC, USEC and Others and generates majority revenue from CSSC segment. Geographically, the Group mainly operates in Taiwan region.
81GF Score

Get the complete analysis for TPE:2013

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

NT$44.00
Price
NT$57.88
GF Value