Win Hanverky Holdings (HKSE:03322) ROC %: 4.77% (As of Dec. 2025)

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HKSE:03322 Win Hanverky Holdings Ltd HKSE:03322
36 GF Score
Price HK$0.19
GF Value HK$0.17
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Win Hanverky Holdings ROC %?

Win Hanverky Holdings HKSE:03322 +2.70% 36 ROC % is 4.77% as of Dec. 2025. GuruFocus rates HKSE:03322 with a GF Score™ of 36/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Win Hanverky Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 4.77%.

As of today (2026-07-31), Win Hanverky Holdings's WACC % is 5.20%. Win Hanverky Holdings's ROC % is 1.40% (calculated using TTM income statement data). Win Hanverky Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Win Hanverky Holdings  (HKSE:03322) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Win Hanverky Holdings's WACC % is 5.20%. Win Hanverky Holdings's ROC % is 1.40% (calculated using TTM income statement data). Win Hanverky Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Win Hanverky Holdings ROC % Related Terms


Win Hanverky Holdings ROC % Historical Data

* Premium members only.

The historical data trend for Win Hanverky Holdings's ROC % 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.

Win Hanverky Holdings ROC % Chart

Win Hanverky Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.50 1.14 -10.04 0.98 1.38

Win Hanverky Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC % 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 Premium Member Only Premium Member Only -10.94 -6.06 7.27 -2.43 4.77
HKSE:03322
36GF Score
Win Hanverky Holdings Ltd HKSE:03322
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Win Hanverky Holdings ROC % Calculation

Win Hanverky Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=27.496 * ( 1 - 0% )/( (2062.213 + 1922.253)/ 2 )
=27.496/1992.233
=1.38 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2697.636 - 385.102 - ( 250.321 - max(0, 1205.273 - 1645.908+250.321))
=2062.213

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2565.413 - 378.745 - ( 264.415 - max(0, 1238.491 - 1663.859+264.415))
=1922.253

Win Hanverky Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=103.178 * ( 1 - 11.57% )/( (1905.942 + 1922.253)/ 2 )
=91.2403054/1914.0975
=4.77 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2701.555 - 386.392 - ( 437.136 - max(0, 1274.618 - 1683.839+437.136))
=1905.942

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2565.413 - 378.745 - ( 264.415 - max(0, 1238.491 - 1663.859+264.415))
=1922.253

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 4.77% mean?
Win Hanverky Holdings (HKSE:03322) has a ROC % of 4.77% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Win Hanverky Holdings and its competitors.
Is Win Hanverky Holdings' ROC % too high?
Win Hanverky Holdings' current ROC % is 4.77%. The Manufacturing - Apparel & Accessories industry median ROC % is 2.90. Win Hanverky Holdings' value of 4.77% is 64.8% above this industry median. Overall, Win Hanverky Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' ROC % compare to RL and LEVI?
Win Hanverky Holdings' ROC % of 4.77% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROC % is 2.90. Win Hanverky Holdings' value of 4.77% is 64.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Manufacturing - Apparel & Accessories company?
The median ROC % among Manufacturing - Apparel & Accessories companies is 2.90, based on 1,046 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Win Hanverky Holdings's current ROC % of 4.77% is 64.8% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Win Hanverky Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Win Hanverky Holdings's current ROC % is 4.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current ROC % is 4.77% and 64.8% above the Manufacturing - Apparel & Accessories industry median of 2.90. Win Hanverky Holdings' overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Win Hanverky Holdings (HKSE:03322), the current ROC % is 4.77% 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 Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?

Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17. GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:03322:

  • ROC %: 4.77%
  • GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 64.8% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Win Hanverky Holdings Business Description

Address 481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
36GF Score

Get the complete analysis for HKSE:03322

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

HK$0.19
Price
HK$0.17
GF Value