Lotes Co (TPE:3533) ROE %: 27.71% (As of Dec. 2025) — 36% Above Median


TPE:3533 Lotes Co Ltd TPE:3533
67 GF Score
Price NT$2,105.00
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What is Lotes Co ROE %?

Lotes Co TPE:3533 -5.39% 67 ROE % is 27.71% as of Dec. 2025, which is 36% above its 10-year median of 20.31. GuruFocus rates TPE:3533 with a GF Score™ of 67/100. Among 2,423 Hardware companies, Lotes Co ranks better than 91.99% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lotes Co's annualized net income for the quarter that ended in Dec. 2025 was NT$10,092 Mil. Lotes Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$36,414 Mil. Therefore, Lotes Co's annualized ROE % for the quarter that ended in Dec. 2025 was 27.71%.

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

TPE:3533' s ROE % Range Over the Past 10 Years
Min: 0.61   Med: 20.31   Max: 38.42
Current: 22.02

During the past 13 years, Lotes Co's highest ROE % was 38.42%. The lowest was 0.61%. And the median was 20.31%.

TPE:3533's ROE % is ranked better than
91.99% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs TPE:3533: 22.02

Lotes Co  (TPE:3533) 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
=10091.776/36413.908
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10091.776 / 37039.544)*(37039.544 / 48669.651)*(48669.651 / 36413.908)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.25 %*0.761*1.3366
=ROA %*Equity Multiplier
=20.74 %*1.3366
=27.71 %

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
=10091.776/36413.908
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10091.776 / 12872.032) * (12872.032 / 11074.696) * (11074.696 / 37039.544) * (37039.544 / 48669.651) * (48669.651 / 36413.908)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.784 * 1.1623 * 29.9 % * 0.761 * 1.3366
=27.71 %

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.


Lotes Co ROE % Related Terms


Lotes Co ROE % Historical Data

* Premium members only.

The historical data trend for Lotes 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.

Lotes Co ROE % Chart

Lotes 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 22.87 0.61 38.42 29.11 21.14

Lotes 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 33.65 24.38 8.59 28.33 27.71

TPE:3533 vs APH, GLW, TEL: ROE % Comparison

For the Electronic Components subindustry, Lotes 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.


Lotes Co ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Lotes Co's ROE % distribution charts can be found below:

* The bar in red indicates where Lotes Co's ROE % falls into.


TPE:3533
67GF Score
Lotes Co Ltd TPE:3533
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lotes Co ROE % Calculation

Lotes 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 )
=7865.999/( (35970.017+38443.842)/ 2 )
=7865.999/37206.9295
=21.14 %

Lotes 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 )
=10091.776/( (34383.974+38443.842)/ 2 )
=10091.776/36413.908
=27.71 %

* 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 27.71% mean?
Lotes Co (TPE:3533) has a ROE % of 27.71% 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 Lotes Co and its competitors. This is 36% above median its historical median of 20.31. Over the past decade, Lotes Co's ROE % has ranged from 0.61 to 38.42. According to the industry distribution chart, Lotes Co ranks #194 out of 2423 companies in the Hardware industry, placing it in the top 8%.
Is Lotes Co's ROE % too high?
Lotes Co's current ROE % of 27.71% is 36% above median its 10-year median of 20.31. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 38.42. The Hardware industry median ROE % is 4.61. Lotes Co's value of 27.71% is 501.1% above this industry median. Based on the distribution chart, Lotes Co ranks #194 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Lotes Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Lotes Co's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Lotes Co ranks #194 out of 2423 companies for ROE %. This places Lotes Co in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. Lotes Co's value of 27.71% is 501.1% above this benchmark. Historically, Lotes Co's own ROE % has ranged from 0.61 to 38.42 over the past decade. While the company's 10-year median is 20.31 vs. the industry median of 4.61, Lotes 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 Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 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. Lotes Co's current ROE % of 27.71% is 501.1% 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 Lotes Co and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lotes Co's current ROE % is 27.71%, which is 36% above median its own 10-year median of 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lotes Co stock overvalued right now?
Lotes Co (TPE:3533) has a current ROE % of 27.71%. The current ROE % is 27.71%, which is 36% above median its 10-year median of 20.31 and 501.1% above the Hardware industry median of 4.61. Lotes Co's overall GF Score™ is 67/100. 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 Lotes Co (TPE:3533), the current ROE % is 27.71% 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.

Lotes Co Business Description

Address No. 15, Wuxun Street, Anle District, Keelung, TWN, 204
Lotes Co Ltd is principally engaged in the sale and purchase of various hardware parts and components, the manufacturing and processing of various terminals and their connectors, the import and export business in connection with the preceding item and the agency of the preceding item in connection with the tender quotation and distribution of products of domestic and foreign manufacturers. The company's product offerings include Socket, Liquid Cooling Solution, Memory Connector, Slot / Edge Card, Compression Connector, etc. Geographically, the majority of revenue is derived from Mainland China, followed by Taiwan and Other countries.
67GF Score

Get the complete analysis for TPE:3533

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

NT$2,105.00
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