Ares Asia (HKSE:00645) ROE % Adjusted to Book Value: -0.33% (As of Mar. 2026)

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HKSE:00645 Ares Asia Ltd HKSE:00645
41 GF Score
Price HK$0.18
GF Value HK$0.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Ares Asia ROE % Adjusted to Book Value?

Ares Asia HKSE:00645 41 ROE % Adjusted to Book Value is -0.33% as of Mar. 2026. GuruFocus rates HKSE:00645 with a GF Score™ of 41/100 and a GF Value™ of HK$0.01 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Ares Asia's ROE % for the quarter that ended in Mar. 2026 was -0.99%. Ares Asia's PB Ratio for the quarter that ended in Mar. 2026 was 3.00. Ares Asia's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -0.33%.


Ares Asia ROE % Adjusted to Book Value Related Terms


Ares Asia ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Ares Asia's ROE % Adjusted to Book Value 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.

Ares Asia ROE % Adjusted to Book Value Chart

Ares Asia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.23 -4.41 -21.89 -14.58 -5.85

Ares Asia Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value 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 -25.61 -26.51 -22.41 -16.21 -0.33

Ares Asia ROE % Adjusted to Book Value Competitor Comparison

For the Thermal Coal subindustry, Ares Asia's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Ares Asia ROE % Adjusted to Book Value vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ares Asia's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ares Asia's ROE % Adjusted to Book Value falls into.


HKSE:00645
41GF Score
Ares Asia Ltd HKSE:00645
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares Asia ROE % Adjusted to Book Value Calculation

Ares Asia's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-17.56% / 3.00
=-5.85%

Ares Asia's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-0.99% / 3.00
=-0.33%

* 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.

What does a ROE % Adjusted to Book Value of -0.33% mean?
Ares Asia (HKSE:00645) has a ROE % Adjusted to Book Value of -0.33% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ares Asia and its competitors.
Is Ares Asia's ROE % Adjusted to Book Value too high?
Ares Asia's current ROE % Adjusted to Book Value is -0.33%. Overall, Ares Asia has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's ROE % Adjusted to Book Value compare to competitors?
Ares Asia's ROE % Adjusted to Book Value of -0.33% can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Other Energy Sources company?
A good ROE % Adjusted to Book Value depends on the Other Energy Sources industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ares Asia and its competitors. Ares Asia's current ROE % Adjusted to Book Value is -0.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Based on GuruFocus' analysis, Ares Asia (HKSE:00645) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.18 — trading 1700% above its estimated fair value. The current ROE % Adjusted to Book Value is -0.33%. Ares Asia's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ares Asia (HKSE:00645), the current ROE % Adjusted to Book Value is -0.33% 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 Ares Asia (HKSE:00645) Overvalued in 2026?

Based on GuruFocus' analysis, Ares Asia stock appears to be overvalued. The current stock price of HK$0.18 is trading 1700% above its estimated GF Value™ of HK$0.01. GuruFocus considers Ares Asia to be Significantly Overvalued.

Key valuation signals for HKSE:00645:

  • ROE % Adjusted to Book Value: -0.33%
  • GF Value™: HK$0.01 vs. price of HK$0.18 (1700% above fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares Asia Business Description

Address 1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
41GF Score

Get the complete analysis for HKSE:00645

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

HK$0.18
Price
HK$0.01
GF Value