Taiwan Speciality Chemicals (4772.TWO) has a ROE of 24.01%, above the sector sector average of 11.75%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Taiwan Speciality Chemicals posts a ROE of 24.01%. That is above the sector sector average of 11.75%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a ROE near 11.75% is typical. Taiwan Speciality Chemicals's 24.01% is higher that level. That is roughly 104.3% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Taiwan Speciality Chemicals's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 24.01%; use YoY and peer views to separate noise from signal.
Context for 4772.TWO's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.75%), and (3) consistency with growth and profitability. This page covers the first two; Taiwan Speciality Chemicals's other metric pages and overview cover the third.