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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. High Fashion International's annualized ROCE % for the quarter that ended in Dec. 2025 was 1.37%.
High Fashion International (HKSE:00608) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
* 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.
(1) Note:
The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT 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 (HKSE:00608) has a ROCE % of 1.37% as of Dec. 2025.
Is High Fashion International's ROCE % too high?
High Fashion International's current ROCE % is 1.37%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. High Fashion International's value of 1.37% is 77.7% below this industry median. Overall, High Fashion International has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Fashion International's ROCE % compare to RL and LEVI?
High Fashion International's ROCE % of 1.37% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. High Fashion International's value of 1.37% is 77.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Fashion International's current ROCE % of 1.37% is 77.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Fashion International's current ROCE % is 1.37%. 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$1.19 — trading 11.9% below its estimated fair value. The current ROCE % is 1.37% and 77.7% below the Manufacturing - Apparel & Accessories industry median of 6.14. High Fashion International's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For High Fashion International (HKSE:00608), the current ROCE % is 1.37% 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$1.19 is trading 11.9% below its estimated GF Value™ of HK$1.35.
GuruFocus considers High Fashion International to be Modestly Undervalued.
Key valuation signals for HKSE:00608:
ROCE %: 1.37%
GF Value™: HK$1.35 vs. price of HK$1.19 (11.9% below fair value)
Industry Position: 77.7% below the Manufacturing - Apparel & Accessories median
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.
69GF Score
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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