ManpowerGroup Greater China (HKSE:02180) ROA %: 7.49% (As of Dec. 2025) — Near Median

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HKSE:02180 ManpowerGroup Greater China Ltd HKSE:02180
93 GF Score
Price HK$4.61
GF Value HK$6.69
Valuation Significantly Undervalued
! 3 Warning Signs
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What is ManpowerGroup Greater China ROA %?

ManpowerGroup Greater China HKSE:02180 93 ROA % is 7.49% as of Dec. 2025, which is 5% above its 10-year median of 7.13. GuruFocus rates HKSE:02180 with a GF Score™ of 93/100 and a GF Value™ of HK$6.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,094 Business Services companies, ManpowerGroup Greater China ranks better than 65.9% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ManpowerGroup Greater China's annualized Net Income for the quarter that ended in Dec. 2025 was HK$209 Mil. ManpowerGroup Greater China's average Total Assets over the quarter that ended in Dec. 2025 was HK$2,792 Mil. Therefore, ManpowerGroup Greater China's annualized ROA % for the quarter that ended in Dec. 2025 was 7.49%.

The historical rank and industry rank for ManpowerGroup Greater China's ROA % or its related term are showing as below:

HKSE:02180' s ROA % Range Over the Past 10 Years
Min: 5.48   Med: 7.13   Max: 8.5
Current: 6.23

During the past 10 years, ManpowerGroup Greater China's highest ROA % was 8.50%. The lowest was 5.48%. And the median was 7.13%.

HKSE:02180's ROA % is ranked better than
65.9% of 1094 companies
in the Business Services industry
Industry Median: 3.53 vs HKSE:02180: 6.23

ManpowerGroup Greater China  (HKSE:02180) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=209.034/2791.9115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(209.034 / 7701.756)*(7701.756 / 2791.9115)
=Net Margin %*Asset Turnover
=2.71 %*2.7586
=7.49 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


ManpowerGroup Greater China ROA % Related Terms


ManpowerGroup Greater China ROA % Historical Data

* Premium members only.

The historical data trend for ManpowerGroup Greater China's ROA % 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.

ManpowerGroup Greater China ROA % Chart

ManpowerGroup Greater China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.34 5.77 6.16 5.48 6.38

ManpowerGroup Greater China Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % 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 Premium Member Only 6.86 4.99 6.35 4.87 7.49

HKSE:02180 vs KFY, RHI, TNET: ROA % Comparison

For the Staffing & Employment Services subindustry, ManpowerGroup Greater China's ROA %, along with its competitors' market caps and ROA % 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.


ManpowerGroup Greater China ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup Greater China's ROA % distribution charts can be found below:

* The bar in red indicates where ManpowerGroup Greater China's ROA % falls into.


HKSE:02180
93GF Score
ManpowerGroup Greater China Ltd HKSE:02180
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ManpowerGroup Greater China ROA % Calculation

ManpowerGroup Greater China's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=173.377/( (2724.826+2708.005)/ 2 )
=173.377/2716.4155
=6.38 %

ManpowerGroup Greater China's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=209.034/( (2875.818+2708.005)/ 2 )
=209.034/2791.9115
=7.49 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 7.49% mean?
ManpowerGroup Greater China (HKSE:02180) has a ROA % of 7.49% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on ManpowerGroup Greater China and its competitors. This is near median its historical median of 7.13. Over the past decade, ManpowerGroup Greater China's ROA % has ranged from 5.48 to 8.50. According to the industry distribution chart, ManpowerGroup Greater China ranks #373 out of 1094 companies in the Business Services industry, placing it in the top 34.1%.
Is ManpowerGroup Greater China's ROA % too high?
ManpowerGroup Greater China's current ROA % of 7.49% is near median its 10-year median of 7.13. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 8.50. The Business Services industry median ROA % is 3.53. ManpowerGroup Greater China's value of 7.49% is 112.2% above this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #373 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's ROA % compare to KFY and RHI?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #373 out of 1094 companies for ROA %. This puts ManpowerGroup Greater China in the upper half of its industry. The industry median ROA % is 3.53. ManpowerGroup Greater China's value of 7.49% is 112.2% above this benchmark. Historically, ManpowerGroup Greater China's own ROA % has ranged from 5.48 to 8.50 over the past decade. While the company's 10-year median is 7.13 vs. the industry median of 3.53, ManpowerGroup Greater China 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 ROA % for a Business Services company?
The median ROA % among Business Services companies is 3.53, based on 1,094 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ManpowerGroup Greater China's current ROA % of 7.49% is 112.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on ManpowerGroup Greater China and its competitors. For the Business Services industry, the median ROA % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current ROA % is 7.49%, which is near median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.1% below its estimated fair value. The current ROA % is 7.49%, which is near median its 10-year median of 7.13 and 112.2% above the Business Services industry median of 3.53. ManpowerGroup Greater China's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For ManpowerGroup Greater China (HKSE:02180), the current ROA % is 7.49% 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?

Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued. The current stock price of HK$4.61 is trading 31.1% below its estimated GF Value™ of HK$6.69. GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.

Key valuation signals for HKSE:02180:

  • ROA %: 7.49% (near median its 10-year median of 7.13)
  • GF Value™: HK$6.69 vs. price of HK$4.61 (31.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 112.2% above the Business Services median (#373 of 1094)

No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ManpowerGroup Greater China Business Description

Address No. 999, Pudong Road (S, 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score

Get the complete analysis for HKSE:02180

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

HK$4.61
Price
HK$6.69
GF Value