Shining Building Business Co (TPE:5531) ROE %: -6.05% (As of Dec. 2025)


TPE:5531 Shining Building Business Co Ltd TPE:5531
41 GF Score
Price NT$7.95
GF Value NT$3.07
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shining Building Business Co ROE %?

Shining Building Business Co TPE:5531 +0.51% 41 ROE % is -6.05% as of Dec. 2025. GuruFocus rates TPE:5531 with a GF Score™ of 41/100 and a GF Value™ of NT$3.07 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,742 Construction companies, Shining Building Business Co ranks worse than 79.97% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shining Building Business Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-593 Mil. Shining Building Business Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$9,804 Mil. Therefore, Shining Building Business Co's annualized ROE % for the quarter that ended in Dec. 2025 was -6.05%.

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

TPE:5531' s ROE % Range Over the Past 10 Years
Min: -12.64   Med: -0.28   Max: 5.17
Current: -2.8

During the past 13 years, Shining Building Business Co's highest ROE % was 5.17%. The lowest was -12.64%. And the median was -0.28%.

TPE:5531's ROE % is ranked worse than
79.97% of 1742 companies
in the Construction industry
Industry Median: 6.69 vs TPE:5531: -2.80

Shining Building Business Co  (TPE:5531) 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
=-593.132/9803.829
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-593.132 / 675.936)*(675.936 / 43706.1365)*(43706.1365 / 9803.829)
=Net Margin %*Asset Turnover*Equity Multiplier
=-87.75 %*0.0155*4.4581
=ROA %*Equity Multiplier
=-1.36 %*4.4581
=-6.05 %

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
=-593.132/9803.829
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-593.132 / -806.32) * (-806.32 / -780.076) * (-780.076 / 675.936) * (675.936 / 43706.1365) * (43706.1365 / 9803.829)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7356 * 1.0336 * -115.41 % * 0.0155 * 4.4581
=-6.05 %

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.


Shining Building Business Co ROE % Related Terms


Shining Building Business Co ROE % Historical Data

* Premium members only.

The historical data trend for Shining Building Business 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.

Shining Building Business Co ROE % Chart

Shining Building Business 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 -5.73 -12.64 -1.90 -1.12 -2.73

Shining Building Business 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 15.01 -10.25 -9.88 15.82 -6.05

TPE:5531 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Shining Building Business 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.


Shining Building Business Co ROE % vs Construction Industry

For the Construction industry and Industrials sector, Shining Building Business Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shining Building Business Co's ROE % falls into.


TPE:5531
41GF Score
Shining Building Business Co Ltd TPE:5531
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Building Business Co ROE % Calculation

Shining Building Business 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 )
=-275.532/( (10335.554+9843.528)/ 2 )
=-275.532/10089.541
=-2.73 %

Shining Building Business 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 )
=-593.132/( (9764.13+9843.528)/ 2 )
=-593.132/9803.829
=-6.05 %

* 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 -6.05% mean?
Shining Building Business Co (TPE:5531) has a ROE % of -6.05% 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 Shining Building Business Co and its competitors. According to the industry distribution chart, Shining Building Business Co ranks #1393 out of 1742 companies in the Construction industry, placing it in the top 80%.
Is Shining Building Business Co's ROE % too high?
Shining Building Business Co's current ROE % is -6.05%. Based on the distribution chart, Shining Building Business Co ranks #1393 out of 1742 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shining Building Business Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Shining Building Business Co ranks #1393 out of 1742 companies for ROE %. This places Shining Building Business Co in the lower half of its industry. The industry median ROE % is 6.69. 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,742 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 Shining Building Business Co and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Building Business Co's current ROE % is -6.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.07, compared to a current price of NT$7.95 — trading 159% above its estimated fair value. The current ROE % is -6.05%. Shining Building Business Co's overall GF Score™ is 41/100 with 9 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 Shining Building Business Co (TPE:5531), the current ROE % is -6.05% 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued. The current stock price of NT$7.95 is trading 159% above its estimated GF Value™ of NT$3.07. GuruFocus considers Shining Building Business Co to be Significantly Overvalued.

Key valuation signals for TPE:5531:

  • ROE %: -6.05%
  • GF Value™: NT$3.07 vs. price of NT$7.95 (159% above fair value)
  • GF Score™: 41/100 with 9 warning signs

No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Building Business Co Business Description

Address No. 408, Sec. 2,Taiwan Boulevard, West District, Taichung City, TWN
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
41GF Score

Get the complete analysis for TPE:5531

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

NT$7.95
Price
NT$3.07
GF Value