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High Fashion InternationalHKSE:00608 +2.68%70 Return-on-Tangible-Equity is 1.74% as of Dec. 2025, which is 40% below its 10-year median of 2.92. GuruFocus rates HKSE:00608 with a GF Score™ of 70/100 and a GF Value™ of HK$1.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, High Fashion International ranks worse than 62.22% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. High Fashion International's annualized net income for the quarter that ended in Dec. 2025 was HK$56 Mil. High Fashion International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$3,224 Mil. Therefore, High Fashion International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.74%.
The historical rank and industry rank for High Fashion International's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00608'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.77 Med: 2.92 Max: 4.88
Current: 2.19
During the past 13 years, High Fashion International's highest Return-on-Tangible-Equity was 4.88%. The lowest was 1.77%. And the median was 2.92%.
HKSE:00608's Return-on-Tangible-Equity is ranked worse than 62.22% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.6
vs HKSE:00608: 2.19
High Fashion International (HKSE:00608) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
High Fashion International Return-on-Tangible-Equity Related Terms
High Fashion International Return-on-Tangible-Equity Historical Data
* 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.
High Fashion International Return-on-Tangible-Equity Chart
HKSE:00608 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, High Fashion International's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
High Fashion International Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, High Fashion International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where High Fashion International's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.74% mean?
High Fashion International (HKSE:00608) has a Return-on-Tangible-Equity of 1.74% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on High Fashion International and its competitors. This is 40% below median its historical median of 2.92. Over the past decade, High Fashion International's Return-on-Tangible-Equity has ranged from 1.77 to 4.88. According to the industry distribution chart, High Fashion International ranks #634 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.2%.
Is High Fashion International's Return-on-Tangible-Equity too high?
High Fashion International's current Return-on-Tangible-Equity of 1.74% is 40% below median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 4.88. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.60. High Fashion International's value of 1.74% is 62.2% below this industry median. Based on the distribution chart, High Fashion International ranks #634 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, High Fashion International has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Fashion International's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, High Fashion International ranks #634 out of 1019 companies for Return-on-Tangible-Equity. This places High Fashion International in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.60. High Fashion International's value of 1.74% is 62.2% below this benchmark. Historically, High Fashion International's own Return-on-Tangible-Equity has ranged from 1.77 to 4.88 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 4.60, High Fashion International has consistently been below 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 Return-on-Tangible-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.60, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Fashion International's current Return-on-Tangible-Equity of 1.74% is 62.2% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on High Fashion International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Fashion International's current Return-on-Tangible-Equity is 1.74%, which is 40% below median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Fashion International stock overvalued right now?
Based on GuruFocus' analysis, High Fashion International (HKSE:00608) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.15 — trading 14.8% below its estimated fair value. The current Return-on-Tangible-Equity is 1.74%, which is 40% below median its 10-year median of 2.92 and 62.2% below the Manufacturing - Apparel & Accessories industry median of 4.60. High Fashion International's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For High Fashion International (HKSE:00608), the current Return-on-Tangible-Equity is 1.74% 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 High Fashion International (HKSE:00608) Overvalued in 2026?
Based on GuruFocus' analysis, High Fashion International stock appears to be undervalued.
The current stock price of HK$1.15 is trading 14.8% below its estimated GF Value™ of HK$1.35.
GuruFocus considers High Fashion International to be Modestly Undervalued.
Key valuation signals for HKSE:00608:
Return-on-Tangible-Equity: 1.74% (40% below median its 10-year median of 2.92)
GF Value™: HK$1.35 vs. price of HK$1.15 (14.8% below fair value)
Industry Position: 62.2% below the Manufacturing - Apparel & Accessories median (#634 of 1019)
No single metric tells the full story. See the HKSE:00608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Fashion International Ltd is an investment holding company. The company's operating segments include the Manufacturing and trading of garments and related products, and Property investment and development. The company generates maximum revenue from the Manufacturing and trading of garments segment and geographically from China. The company operates in the United States, China, Europe, and Other countries.
70GF Score
Get the complete analysis for HKSE:00608
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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