Sinkang Industries CoTPE:2032 71 ROE % is 5.75% as of Dec. 2025, which is 80% above its 10-year median of 3.19. GuruFocus rates TPE:2032 with a GF Score™ of 71/100 and a GF Value™ of NT$16.70 (Fairly Valued). The stock has 10 warning signs investors should review. Among 618 Steel companies, Sinkang Industries Co ranks better than 52.27% on this metric.
The historical rank and industry rank for Sinkang Industries Co's ROE % or its related term are showing as below:
TPE:2032'
s ROE % Range Over the Past 10 Years
Min: -1.24 Med: 3.19 Max: 9.48
Current: 4.26
During the past 13 years, Sinkang Industries Co's highest ROE % was 9.48%. The lowest was -1.24%. And the median was 3.19%.
TPE:2032's ROE % is ranked better than 52.27% of 618
companies
in the Steel industry
Industry Median: 3.69
vs TPE:2032: 4.26
Sinkang Industries Co (TPE:2032) 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 (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.
* 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 Steel subindustry, Sinkang Industries 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.
Sinkang Industries Co ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Sinkang Industries Co's ROE % distribution charts can be found below:
* The bar in red indicates where Sinkang Industries 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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Sinkang Industries Co (TPE:2032) has a ROE % of 5.75% 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 Sinkang Industries Co and its competitors. This is 80% above median its historical median of 3.19. According to the industry distribution chart, Sinkang Industries Co ranks #295 out of 618 companies in the Steel industry, placing it in the top 47.7%.
Is Sinkang Industries Co's ROE % too high?
Sinkang Industries Co's current ROE % of 5.75% is 80% above median its 10-year median of 3.19. The Steel industry median ROE % is 3.69. Sinkang Industries Co's value of 5.75% is 55.8% above this industry median. Based on the distribution chart, Sinkang Industries Co ranks #295 out of 618 companies in the Steel industry, which is above the industry midpoint. Overall, Sinkang Industries Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Sinkang Industries Co ranks #295 out of 618 companies for ROE %. This puts Sinkang Industries Co in the upper half of its industry. The industry median ROE % is 3.69. Sinkang Industries Co's value of 5.75% is 55.8% above this benchmark. While the company's 10-year median is 3.19 vs. the industry median of 3.69, Sinkang Industries 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 3.69, based on 618 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. Sinkang Industries Co's current ROE % of 5.75% is 55.8% 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 Sinkang Industries Co and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinkang Industries Co's current ROE % is 5.75%, which is 80% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.70, compared to a current price of NT$16.45 — trading 1.5% below its estimated fair value. The current ROE % is 5.75%, which is 80% above median its 10-year median of 3.19 and 55.8% above the Steel industry median of 3.69. Sinkang Industries Co's overall GF Score™ is 71/100 with 10 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 Sinkang Industries Co (TPE:2032), the current ROE % is 5.75% 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?
Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be undervalued.
The current stock price of NT$16.45 is trading 1.5% below its estimated GF Value™ of NT$16.70.
GuruFocus considers Sinkang Industries Co to be Fairly Valued.
Key valuation signals for TPE:2032:
ROE %: 5.75% (80% above median its 10-year median of 3.19)
GF Value™: NT$16.70 vs. price of NT$16.45 (1.5% below fair value)
Industry Position: 55.8% above the Steel median (#295 of 618)
No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
71GF Score
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