This certainly seems like a low mapping rate. Often, something like this might be indicative of a highly-incomplete transcriptome, a poor quality dataset, or both. The format of the relevant parts of the `lib_format_counts.json` file is as follows:
"compatible_fragment_ratio": 0.2282644263761963, ---- This is the total fraction of fragments that were compatible with the specified library type (here, mapping in a proper pair, facing inward, with the first read coming from the reverse-complement strand)
"num_compatible_fragments": 8938002, ---- This is the number of actual fragments compatible with the library type.
"num_assigned_fragments": 39156351, ---- This is the total number of fragments that could be assigned to at least one transcript (including orphan mappings)
"num_consistent_mappings": 38003759, ---- This is the total number of consistent mappings, that is, a compatible fragment might map in a library-compatible way to more than one transcript. This number includes them all and accounts for multi-mapping
"num_inconsistent_mappings": 157191619, ---- The converse of the above
The rest of the file is a little bit confusing. It specifies the number of mappings to the transcriptome of each type. First, note that all of the `U` variants will always be 0 because, while a library may be unstranded, each individual fragment
maps with some particular orientation. So, what we see here is that the majority of your fragments seem to map with library type "SR". This is indicative of a case where you see many orphaned mappings. "SR" is, in a sense, the orphaned
version of "ISR" (or "OSR"), and this suggests that of the fragments that do map to your transcriptome, many of them are not mapped in a proper pair; rather, only one end of the fragment was mapped successfully to you transcriptome.
You do have some other types of mappings here, but if we were to count all of the "SR" fragment types as compatible with "ISR", then 191123298 of your total 195192962 mappings would be compatible with this library type (almost 98%).