Chung Tai Resource Technology (TPE:6923) ROE %: 13.65% (As of Dec. 2025) — 31% Above Median


TPE:6923 Chung Tai Resource Technology Corp TPE:6923
70 GF Score
Price NT$72.80
GF Value NT$89.32
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chung Tai Resource Technology ROE %?

Chung Tai Resource Technology TPE:6923 -2.80% 70 ROE % is 13.65% as of Dec. 2025, which is 31% above its 10-year median of 10.42. GuruFocus rates TPE:6923 with a GF Score™ of 70/100 and a GF Value™ of NT$89.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 232 Waste Management companies, Chung Tai Resource Technology ranks better than 68.1% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Chung Tai Resource Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$349 Mil. Chung Tai Resource Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$2,558 Mil. Therefore, Chung Tai Resource Technology's annualized ROE % for the quarter that ended in Dec. 2025 was 13.65%.

The historical rank and industry rank for Chung Tai Resource Technology's ROE % or its related term are showing as below:

TPE:6923' s ROE % Range Over the Past 10 Years
Min: 7.89   Med: 10.42   Max: 18.04
Current: 10.6

During the past 7 years, Chung Tai Resource Technology's highest ROE % was 18.04%. The lowest was 7.89%. And the median was 10.42%.

TPE:6923's ROE % is ranked better than
68.1% of 232 companies
in the Waste Management industry
Industry Median: 4.565 vs TPE:6923: 10.60

Chung Tai Resource Technology  (TPE:6923) 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
=349.18/2558.375
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(349.18 / 1182.184)*(1182.184 / 4093.7775)*(4093.7775 / 2558.375)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.54 %*0.2888*1.6001
=ROA %*Equity Multiplier
=8.53 %*1.6001
=13.65 %

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
=349.18/2558.375
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (349.18 / 418.076) * (418.076 / 384.188) * (384.188 / 1182.184) * (1182.184 / 4093.7775) * (4093.7775 / 2558.375)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8352 * 1.0882 * 32.5 % * 0.2888 * 1.6001
=13.65 %

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.


Chung Tai Resource Technology ROE % Related Terms


Chung Tai Resource Technology ROE % Historical Data

* Premium members only.

The historical data trend for Chung Tai Resource Technology'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.

Chung Tai Resource Technology ROE % Chart

Chung Tai Resource Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 8.21 11.66 15.06 18.04 10.42

Chung Tai Resource Technology Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 11.53 10.63 7.66 10.71 13.65

TPE:6923 vs WM, RSG, WCN: ROE % Comparison

For the Waste Management subindustry, Chung Tai Resource Technology'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.


Chung Tai Resource Technology ROE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Chung Tai Resource Technology's ROE % falls into.


TPE:6923
70GF Score
Chung Tai Resource Technology Corp TPE:6923
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chung Tai Resource Technology ROE % Calculation

Chung Tai Resource Technology'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 )
=277.947/( (2736.178+2597.612)/ 2 )
=277.947/2666.895
=10.42 %

Chung Tai Resource Technology'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 )
=349.18/( (2519.138+2597.612)/ 2 )
=349.18/2558.375
=13.65 %

* 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 13.65% mean?
Chung Tai Resource Technology (TPE:6923) has a ROE % of 13.65% 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 Chung Tai Resource Technology and its competitors. This is 31% above median its historical median of 10.42. Over the past decade, Chung Tai Resource Technology's ROE % has ranged from 7.89 to 18.04. According to the industry distribution chart, Chung Tai Resource Technology ranks #74 out of 232 companies in the Waste Management industry, placing it in the top 31.9%.
Is Chung Tai Resource Technology's ROE % too high?
Chung Tai Resource Technology's current ROE % of 13.65% is 31% above median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 7.89 to a high of 18.04. The Waste Management industry median ROE % is 4.57. Chung Tai Resource Technology's value of 13.65% is 199% above this industry median. Based on the distribution chart, Chung Tai Resource Technology ranks #74 out of 232 companies in the Waste Management industry, which is above the industry midpoint. Overall, Chung Tai Resource Technology has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Tai Resource Technology's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Chung Tai Resource Technology ranks #74 out of 232 companies for ROE %. This puts Chung Tai Resource Technology in the upper half of its industry. The industry median ROE % is 4.57. Chung Tai Resource Technology's value of 13.65% is 199% above this benchmark. Historically, Chung Tai Resource Technology's own ROE % has ranged from 7.89 to 18.04 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 4.57, Chung Tai Resource Technology 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 Waste Management company?
The median ROE % among Waste Management companies is 4.57, based on 232 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. Chung Tai Resource Technology's current ROE % of 13.65% is 199% 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 Chung Tai Resource Technology and its competitors. For the Waste Management industry, the median ROE % is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Tai Resource Technology's current ROE % is 13.65%, which is 31% above median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Tai Resource Technology stock overvalued right now?
Based on GuruFocus' analysis, Chung Tai Resource Technology (TPE:6923) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.32, compared to a current price of NT$72.80 — trading 18.5% below its estimated fair value. The current ROE % is 13.65%, which is 31% above median its 10-year median of 10.42 and 199% above the Waste Management industry median of 4.57. Chung Tai Resource Technology's overall GF Score™ is 70/100 with 4 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 Chung Tai Resource Technology (TPE:6923), the current ROE % is 13.65% 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 Chung Tai Resource Technology (TPE:6923) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Tai Resource Technology stock appears to be undervalued. The current stock price of NT$72.80 is trading 18.5% below its estimated GF Value™ of NT$89.32. GuruFocus considers Chung Tai Resource Technology to be Modestly Undervalued.

Key valuation signals for TPE:6923:

  • ROE %: 13.65% (31% above median its 10-year median of 10.42)
  • GF Value™: NT$89.32 vs. price of NT$72.80 (18.5% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 199% above the Waste Management median (#74 of 232)

No single metric tells the full story. See the TPE:6923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Tai Resource Technology Business Description

Address No. 328, Huanke Road, Guanyin District, Taoyuan, TWN, 328451
Chung Tai Resource Technology Corp is mainly engaged in waste disposal and treatment, recycling of waste lighting sources, and recycling of waste printed circuit boards. The company operates in two segments: Waste Disposal Treatments and Circular Economy, and Environmental Construction Services. A majority of its revenue is generated from the Waste Disposal Treatments and Circular Economy segment, which engages in waste disposal and treatment services, recycling of waste lighting sources, recycling of waste printed circuit boards, and electricity generation by waste heat. The Environmental Construction Services segment engages in soil and groundwater pollution remediation services. Geographically, it derives maximum revenue from Taiwan and the rest from Japan.
70GF Score

Get the complete analysis for TPE:6923

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

NT$72.80
Price
NT$89.32
GF Value