International CSRC Investment Holdings Co (TPE:2104) ROE %: -14.04% (As of Dec. 2025)


TPE:2104 International CSRC Investment Holdings Co Ltd TPE:2104
61 GF Score
Price NT$9.99
GF Value NT$12.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is International CSRC Investment Holdings Co ROE %?

International CSRC Investment Holdings Co TPE:2104 -3.01% 61 ROE % is -14.04% as of Dec. 2025. GuruFocus rates TPE:2104 with a GF Score™ of 61/100 and a GF Value™ of NT$12.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,591 Chemicals companies, International CSRC Investment Holdings Co ranks worse than 89.57% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. International CSRC Investment Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-3,420 Mil. International CSRC Investment Holdings Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$24,353 Mil. Therefore, International CSRC Investment Holdings Co's annualized ROE % for the quarter that ended in Dec. 2025 was -14.04%.

The historical rank and industry rank for International CSRC Investment Holdings Co's ROE % or its related term are showing as below:

TPE:2104' s ROE % Range Over the Past 10 Years
Min: -14.92   Med: 3.17   Max: 12.18
Current: -14.92

During the past 13 years, International CSRC Investment Holdings Co's highest ROE % was 12.18%. The lowest was -14.92%. And the median was 3.17%.

TPE:2104's ROE % is ranked worse than
89.57% of 1591 companies
in the Chemicals industry
Industry Median: 5.19 vs TPE:2104: -14.92

International CSRC Investment Holdings Co  (TPE:2104) 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
=-3419.556/24353.44
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3419.556 / 13239.76)*(13239.76 / 49119.424)*(49119.424 / 24353.44)
=Net Margin %*Asset Turnover*Equity Multiplier
=-25.83 %*0.2695*2.0169
=ROA %*Equity Multiplier
=-6.96 %*2.0169
=-14.04 %

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
=-3419.556/24353.44
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3419.556 / -3894.504) * (-3894.504 / -3164.5) * (-3164.5 / 13239.76) * (13239.76 / 49119.424) * (49119.424 / 24353.44)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.878 * 1.2307 * -23.9 % * 0.2695 * 2.0169
=-14.04 %

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.


International CSRC Investment Holdings Co ROE % Related Terms


International CSRC Investment Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for International CSRC Investment Holdings 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.

International CSRC Investment Holdings Co ROE % Chart

International CSRC Investment Holdings 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 10.72 2.03 -1.47 -8.33 -14.90

International CSRC Investment Holdings 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 -13.29 -3.00 -3.79 -43.00 -14.04

TPE:2104 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, International CSRC Investment Holdings 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.


International CSRC Investment Holdings Co ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, International CSRC Investment Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where International CSRC Investment Holdings Co's ROE % falls into.


TPE:2104
61GF Score
International CSRC Investment Holdings Co Ltd TPE:2104
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International CSRC Investment Holdings Co ROE % Calculation

International CSRC Investment Holdings 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 )
=-4148.725/( (31545.02+24132.117)/ 2 )
=-4148.725/27838.5685
=-14.90 %

International CSRC Investment Holdings 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 )
=-3419.556/( (24574.763+24132.117)/ 2 )
=-3419.556/24353.44
=-14.04 %

* 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 -14.04% mean?
International CSRC Investment Holdings Co (TPE:2104) has a ROE % of -14.04% 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 International CSRC Investment Holdings Co and its competitors. According to the industry distribution chart, International CSRC Investment Holdings Co ranks #1425 out of 1591 companies in the Chemicals industry, placing it in the top 89.6%.
Is International CSRC Investment Holdings Co's ROE % too high?
International CSRC Investment Holdings Co's current ROE % is -14.04%. Based on the distribution chart, International CSRC Investment Holdings Co ranks #1425 out of 1591 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, International CSRC Investment Holdings Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International CSRC Investment Holdings Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, International CSRC Investment Holdings Co ranks #1425 out of 1591 companies for ROE %. This places International CSRC Investment Holdings Co in the lower half of its industry. The industry median ROE % is 5.19. 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 5.19, based on 1,591 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 International CSRC Investment Holdings Co and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International CSRC Investment Holdings Co's current ROE % is -14.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International CSRC Investment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, International CSRC Investment Holdings Co (TPE:2104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.40, compared to a current price of NT$9.99 — trading 19.4% below its estimated fair value. The current ROE % is -14.04%. International CSRC Investment Holdings Co's overall GF Score™ is 61/100 with 5 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 International CSRC Investment Holdings Co (TPE:2104), the current ROE % is -14.04% 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 International CSRC Investment Holdings Co (TPE:2104) Overvalued in 2026?

Based on GuruFocus' analysis, International CSRC Investment Holdings Co stock appears to be undervalued. The current stock price of NT$9.99 is trading 19.4% below its estimated GF Value™ of NT$12.40. GuruFocus considers International CSRC Investment Holdings Co to be Modestly Undervalued.

Key valuation signals for TPE:2104:

  • ROE %: -14.04%
  • GF Value™: NT$12.40 vs. price of NT$9.99 (19.4% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the TPE:2104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International CSRC Investment Holdings Co Business Description

Address Zhongshan North Road, 8th Floor, No.113, Section 2, Taipei, TWN, 104
International CSRC Investment Holdings Co Ltd produces carbon black, a material for tire and other rubber products. It started power and steam co-generation system operations in December. The corporation also engages in biotechnology research and development. Its products and services include Tire Applications, Application of rubber products, Application of plastic products, Ink and Coating Application, Battery material applications, Ouroboros solutions, and Testing and analysis services. Its segments include Carbon Black, Biotechnology, and Others with the majority of revenue deriving from Carbon Black. It operates in two principal geographical areas: Asia and America with majority of revenue deriving from Aisa.
61GF Score

Get the complete analysis for TPE:2104

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

NT$9.99
Price
NT$12.40
GF Value