Shin Zu Shing Co (TPE:3376) ROE %: 0.69% (As of Mar. 2026) — 92% Below Median


TPE:3376 Shin Zu Shing Co Ltd TPE:3376
89 GF Score
Price NT$194.00
GF Value NT$215.25
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shin Zu Shing Co ROE %?

Shin Zu Shing Co TPE:3376 89 ROE % is 0.69% as of Mar. 2026, which is 92% below its 10-year median of 8.72. GuruFocus rates TPE:3376 with a GF Score™ of 89/100 and a GF Value™ of NT$215.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,000 Industrial Products companies, Shin Zu Shing Co ranks worse than 72.97% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shin Zu Shing Co's annualized net income for the quarter that ended in Mar. 2026 was NT$119 Mil. Shin Zu Shing Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was NT$17,293 Mil. Therefore, Shin Zu Shing Co's annualized ROE % for the quarter that ended in Mar. 2026 was 0.69%.

The historical rank and industry rank for Shin Zu Shing Co's ROE % or its related term are showing as below:

TPE:3376' s ROE % Range Over the Past 10 Years
Min: 0.77   Med: 8.72   Max: 11.47
Current: 0.77

During the past 13 years, Shin Zu Shing Co's highest ROE % was 11.47%. The lowest was 0.77%. And the median was 8.72%.

TPE:3376's ROE % is ranked worse than
72.97% of 3000 companies
in the Industrial Products industry
Industry Median: 5.85 vs TPE:3376: 0.77

Shin Zu Shing Co  (TPE:3376) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=118.524/17293.314
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(118.524 / 9410.804)*(9410.804 / 22361.8145)*(22361.8145 / 17293.314)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.26 %*0.4208*1.2931
=ROA %*Equity Multiplier
=0.53 %*1.2931
=0.69 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=118.524/17293.314
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (118.524 / 172.412) * (172.412 / -41.1) * (-41.1 / 9410.804) * (9410.804 / 22361.8145) * (22361.8145 / 17293.314)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6874 * -4.1949 * -0.44 % * 0.4208 * 1.2931
=0.69 %

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.


Shin Zu Shing Co ROE % Related Terms


Shin Zu Shing Co ROE % Historical Data

* Premium members only.

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co ROE % Chart

Shin Zu Shing 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 7.49 10.57 5.14 8.11 1.81

Shin Zu Shing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.76 -2.07 2.78 1.81 0.69

TPE:3376 vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shin Zu Shing Co's ROE % falls into.


TPE:3376
89GF Score
Shin Zu Shing Co Ltd TPE:3376
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Zu Shing Co ROE % Calculation

Shin Zu Shing 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 )
=318.257/( (17968.541+17189.99)/ 2 )
=318.257/17579.2655
=1.81 %

Shin Zu Shing Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=118.524/( (17189.99+17396.638)/ 2 )
=118.524/17293.314
=0.69 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.69% mean?
Shin Zu Shing Co (TPE:3376) has a ROE % of 0.69% 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 Shin Zu Shing Co and its competitors. This is 92% below median its historical median of 8.72. Over the past decade, Shin Zu Shing Co's ROE % has ranged from 0.77 to 11.47. According to the industry distribution chart, Shin Zu Shing Co ranks #2189 out of 3000 companies in the Industrial Products industry, placing it in the top 73%.
Is Shin Zu Shing Co's ROE % too high?
Shin Zu Shing Co's current ROE % of 0.69% is 92% below median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 11.47. The Industrial Products industry median ROE % is 5.85. Shin Zu Shing Co's value of 0.69% is 88.2% below this industry median. Based on the distribution chart, Shin Zu Shing Co ranks #2189 out of 3000 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shin Zu Shing Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Zu Shing Co's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shin Zu Shing Co ranks #2189 out of 3000 companies for ROE %. This places Shin Zu Shing Co in the lower half of its industry. The industry median ROE % is 5.85. Shin Zu Shing Co's value of 0.69% is 88.2% below this benchmark. Historically, Shin Zu Shing Co's own ROE % has ranged from 0.77 to 11.47 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 5.85, Shin Zu Shing Co has consistently been below 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,000 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. Shin Zu Shing Co's current ROE % of 0.69% is 88.2% below 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 Shin Zu Shing Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Zu Shing Co's current ROE % is 0.69%, which is 92% below median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Zu Shing Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Zu Shing Co (TPE:3376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$215.25, compared to a current price of NT$194.00 — trading 9.9% below its estimated fair value. The current ROE % is 0.69%, which is 92% below median its 10-year median of 8.72 and 88.2% below the Industrial Products industry median of 5.85. Shin Zu Shing Co's overall GF Score™ is 89/100 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 Shin Zu Shing Co (TPE:3376), the current ROE % is 0.69% 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 Shin Zu Shing Co (TPE:3376) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Zu Shing Co stock appears to be undervalued. The current stock price of NT$194.00 is trading 9.9% below its estimated GF Value™ of NT$215.25. GuruFocus considers Shin Zu Shing Co to be Modestly Undervalued.

Key valuation signals for TPE:3376:

  • ROE %: 0.69% (92% below median its 10-year median of 8.72)
  • GF Value™: NT$215.25 vs. price of NT$194.00 (9.9% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 88.2% below the Industrial Products median (#2189 of 3000)

No single metric tells the full story. See the TPE:3376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Zu Shing Co Business Description

Address No. 174, Junying Street, Shulin District, New Taipei City, TWN, 238
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM) products. It develops hinge components used in notebook computers, LCD monitors, digital cameras, and other electronic product parts. Its segments are Hinge products, which generate maximum revenue and engage in the design, manufacture, testing, and sales of hinge products for various components, including NB, LCD, and 3C hinge products and other parts such as springs and stamping parts for different types of laptops or consumer electronic products, as well as Milling products and MIM products. Geographically, it generates maximum revenue from Asia.
89GF Score

Get the complete analysis for TPE:3376

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

NT$194.00
Price
NT$215.25
GF Value