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Kwong Man Kee GroupHKSE:08023 -23.75%63 ROA % is 7.78% as of Mar. 2026, which is 13% above its 10-year median of 6.88. GuruFocus rates HKSE:08023 with a GF Score™ of 63/100 and a GF Value™ of HK$0.35 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,783 Construction companies, Kwong Man Kee Group ranks better than 77.9% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kwong Man Kee Group's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$15.7 Mil.
Kwong Man Kee Group's average Total Assets over the quarter that ended in Mar. 2026 was HK$201.4 Mil. Therefore, Kwong Man Kee Group's annualized ROA % for the quarter that ended in Mar. 2026 was 7.78%.
The historical rank and industry rank for Kwong Man Kee Group's ROA % or its related term are showing as below:
HKSE:08023'
s ROA % Range Over the Past 10 Years
Min: -4.5 Med: 6.88 Max: 12.5
Current: 7.11
During the past 12 years, Kwong Man Kee Group's highest ROA % was 12.50%. The lowest was -4.50%. And the median was 6.88%.
HKSE:08023's ROA % is ranked better than 77.9% of 1783
companies
in the Construction industry
Industry Median: 2.86
vs HKSE:08023: 7.11
Kwong Man Kee Group (HKSE:08023) 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 banks 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:
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.
Kwong Man Kee Group ROA % Related Terms
Kwong Man Kee Group ROA % Historical Data
* Premium members only.
The historical data trend for Kwong Man Kee Group'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.
For the Engineering & Construction subindustry, Kwong Man Kee Group'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.
Kwong Man Kee Group ROA % vs Construction Industry
For the Construction industry and Industrials sector, Kwong Man Kee Group's ROA % distribution charts can be found below:
* The bar in red indicates where Kwong Man Kee Group's ROA % 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 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kwong Man Kee Group (HKSE:08023) has a ROA % of 7.78% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kwong Man Kee Group and its competitors. This is 13% above median its historical median of 6.88. According to the industry distribution chart, Kwong Man Kee Group ranks #394 out of 1783 companies in the Construction industry, placing it in the top 22.1%.
Is Kwong Man Kee Group's ROA % too high?
Kwong Man Kee Group's current ROA % of 7.78% is 13% above median its 10-year median of 6.88. The Construction industry median ROA % is 2.86. Kwong Man Kee Group's value of 7.78% is 172% above this industry median. Based on the distribution chart, Kwong Man Kee Group ranks #394 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kwong Man Kee Group has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Man Kee Group's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Kwong Man Kee Group ranks #394 out of 1783 companies for ROA %. This places Kwong Man Kee Group in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 2.86. Kwong Man Kee Group's value of 7.78% is 172% above this benchmark. While the company's 10-year median is 6.88 vs. the industry median of 2.86, Kwong Man Kee Group 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 Construction company?
The median ROA % among Construction companies is 2.86, based on 1,783 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. Kwong Man Kee Group's current ROA % of 7.78% is 172% 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 Kwong Man Kee Group and its competitors. For the Construction industry, the median ROA % is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Man Kee Group's current ROA % is 7.78%, which is 13% above median its own 10-year median of 6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Man Kee Group stock overvalued right now?
Based on GuruFocus' analysis, Kwong Man Kee Group (HKSE:08023) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.31 — trading 12.9% below its estimated fair value. The current ROA % is 7.78%, which is 13% above median its 10-year median of 6.88 and 172% above the Construction industry median of 2.86. Kwong Man Kee Group's overall GF Score™ is 63/100 with 4 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 Kwong Man Kee Group (HKSE:08023), the current ROA % is 7.78% as of Mar. 2026. 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 Kwong Man Kee Group (HKSE:08023) Overvalued in 2026?
Based on GuruFocus' analysis, Kwong Man Kee Group stock appears to be undervalued.
The current stock price of HK$0.31 is trading 12.9% below its estimated GF Value™ of HK$0.35.
GuruFocus considers Kwong Man Kee Group to be Modestly Undervalued.
Key valuation signals for HKSE:08023:
ROA %: 7.78% (13% above median its 10-year median of 6.88)
GF Value™: HK$0.35 vs. price of HK$0.31 (12.9% below fair value)
Industry Position: 172% above the Construction median (#394 of 1783)
No single metric tells the full story. See the HKSE:08023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services which include specialised texture painting and waterproofing works; and sales of flooring and waterproofing materials. The company's reportable segment are Flooring, which generates maximum revenue, Ancillary services, and Sales of materials.
63GF Score
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