Jong Shyn Shipbuilding Co (ROCO:2644) ROIC %: 3.90% (As of Dec. 2025)

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ROCO:2644 Jong Shyn Shipbuilding Co Ltd ROCO:2644
54 GF Score
Price NT$83.90
GF Value NT$131.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Jong Shyn Shipbuilding Co ROIC %?

Jong Shyn Shipbuilding Co ROCO:2644 -0.36% 54 ROIC % is 3.90% as of Dec. 2025. GuruFocus rates ROCO:2644 with a GF Score™ of 54/100 and a GF Value™ of NT$131.51 (Possible Value Trap). The stock has 7 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Jong Shyn Shipbuilding Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 3.90%.

As of today (2026-07-23), Jong Shyn Shipbuilding Co's WACC % is 6.65%. Jong Shyn Shipbuilding Co's ROIC % is 2.36% (calculated using TTM income statement data). Jong Shyn Shipbuilding Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Jong Shyn Shipbuilding Co  (ROCO:2644) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Jong Shyn Shipbuilding Co's WACC % is 6.65%. Jong Shyn Shipbuilding Co's ROIC % is 2.36% (calculated using TTM income statement data). Jong Shyn Shipbuilding Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Jong Shyn Shipbuilding Co ROIC % Related Terms


Jong Shyn Shipbuilding Co ROIC % Historical Data

* Premium members only.

The historical data trend for Jong Shyn Shipbuilding Co's ROIC % 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.

Jong Shyn Shipbuilding Co ROIC % Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 0.51 1.74 1.65 1.24 2.36

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 1.40 1.12 0.88 3.90

ROCO:2644 vs SPCX, GE, RTX: ROIC % Comparison

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding Co's ROIC %, along with its competitors' market caps and ROIC % 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.


Jong Shyn Shipbuilding Co ROIC % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's ROIC % falls into.


ROCO:2644
54GF Score
Jong Shyn Shipbuilding Co Ltd ROCO:2644
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jong Shyn Shipbuilding Co ROIC % Calculation

Jong Shyn Shipbuilding Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=255.663 * ( 1 - 21.4% )/( (9089.965 + 7957.213)/ 2 )
=200.951118/8523.589
=2.36 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9792.593 - 539.652 - ( 2279.68 - max(0, 6981.128 - 7144.104+2279.68))
=9089.965

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10533.396 - 765.68 - ( 1810.503 - max(0, 5220.851 - 7061.588+1810.503))
=7957.213

Jong Shyn Shipbuilding Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=398.598 * ( 1 - 19.56% )/( (8475.632 + 7957.213)/ 2 )
=320.6322312/8216.4225
=3.90 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9722.933 - 616.632 - ( 1220.203 - max(0, 5771.95 - 6402.619+1220.203))
=8475.632

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10533.396 - 765.68 - ( 1810.503 - max(0, 5220.851 - 7061.588+1810.503))
=7957.213

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 3.90% mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a ROIC % of 3.90% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Jong Shyn Shipbuilding Co and its competitors.
Is Jong Shyn Shipbuilding Co's ROIC % too high?
Jong Shyn Shipbuilding Co's current ROIC % is 3.90%. The Aerospace & Defense industry median ROIC % is 4.19. Jong Shyn Shipbuilding Co's value of 3.90% is 6.9% below this industry median. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jong Shyn Shipbuilding Co's ROIC % compare to SPCX and GE?
Jong Shyn Shipbuilding Co's ROIC % of 3.90% can be compared against companies in the Aerospace & Defense industry. The industry median ROIC % is 4.19. Jong Shyn Shipbuilding Co's value of 3.90% is 6.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Aerospace & Defense company?
The median ROIC % among Aerospace & Defense companies is 4.19, based on 355 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jong Shyn Shipbuilding Co's current ROIC % of 3.90% is 6.9% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Jong Shyn Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median ROIC % is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jong Shyn Shipbuilding Co's current ROIC % is 3.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jong Shyn Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co (ROCO:2644) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.51, compared to a current price of NT$83.90 — trading 36.2% below its estimated fair value. The current ROIC % is 3.90% and 6.9% below the Aerospace & Defense industry median of 4.19. Jong Shyn Shipbuilding Co's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Jong Shyn Shipbuilding Co (ROCO:2644), the current ROIC % is 3.90% 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 Jong Shyn Shipbuilding Co (ROCO:2644) Overvalued in 2026?

Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co stock appears to be undervalued. The current stock price of NT$83.90 is trading 36.2% below its estimated GF Value™ of NT$131.51. GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.

Key valuation signals for ROCO:2644:

  • ROIC %: 3.90%
  • GF Value™: NT$131.51 vs. price of NT$83.90 (36.2% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 6.9% below the Aerospace & Defense median

No single metric tells the full story. See the ROCO:2644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jong Shyn Shipbuilding Co Business Description

Address No. 77, Shangzhu Lane, Zhongzhou 3rd Road, Shangzhuli, Cijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.
54GF Score

Get the complete analysis for ROCO:2644

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

NT$83.90
Price
NT$131.51
GF Value