VSING (HKSE:08292) ROE % Adjusted to Book Value: -81.52% (As of Dec. 2025)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08292 VSING Ltd HKSE:08292
29 GF Score
Price HK$0.15
GF Value HK$0.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is VSING ROE % Adjusted to Book Value?

VSING HKSE:08292 -6.25% 29 ROE % Adjusted to Book Value is -81.52% as of Dec. 2025. GuruFocus rates HKSE:08292 with a GF Score™ of 29/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review.

VSING's ROE % for the quarter that ended in Dec. 2025 was -312.21%. VSING's PB Ratio for the quarter that ended in Dec. 2025 was 3.83. VSING's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was -81.52%.


VSING ROE % Adjusted to Book Value Related Terms


VSING ROE % Adjusted to Book Value Historical Data

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The historical data trend for VSING'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.

VSING ROE % Adjusted to Book Value Chart

VSING Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.62 -3.95 -57.47 -20.42 -46.60

VSING Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -86.53 -55.30 1.67 -2.75 -81.52

HKSE:08292 vs NFLX, DIS, WBD: ROE % Adjusted to Book Value Comparison

For the Entertainment subindustry, VSING'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.


VSING ROE % Adjusted to Book Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VSING's ROE % Adjusted to Book Value distribution charts can be found below:

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


HKSE:08292
29GF Score
VSING Ltd HKSE:08292
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VSING ROE % Adjusted to Book Value Calculation

VSING's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-178.47% / 3.83
=-46.60%

VSING's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-312.21% / 3.83
=-81.52%

* 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 -81.52% mean?
VSING (HKSE:08292) has a ROE % Adjusted to Book Value of -81.52% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on VSING and its competitors.
Is VSING's ROE % Adjusted to Book Value too high?
VSING's current ROE % Adjusted to Book Value is -81.52%. Overall, VSING has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSING's ROE % Adjusted to Book Value compare to NFLX and DIS?
VSING's ROE % Adjusted to Book Value of -81.52% can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good ROE % Adjusted to Book Value depends on the Media - Diversified 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 VSING and its competitors. VSING's current ROE % Adjusted to Book Value is -81.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSING stock overvalued right now?
Based on GuruFocus' analysis, VSING (HKSE:08292) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.15 — trading 114.3% above its estimated fair value. The current ROE % Adjusted to Book Value is -81.52%. VSING's overall GF Score™ is 29/100 with 6 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 VSING (HKSE:08292), the current ROE % Adjusted to Book Value is -81.52% 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 VSING (HKSE:08292) Overvalued in 2026?

Based on GuruFocus' analysis, VSING stock appears to be overvalued. The current stock price of HK$0.15 is trading 114.3% above its estimated GF Value™ of HK$0.07. GuruFocus considers VSING to be Significantly Overvalued.

Key valuation signals for HKSE:08292:

  • ROE % Adjusted to Book Value: -81.52%
  • GF Value™: HK$0.07 vs. price of HK$0.15 (114.3% above fair value)
  • GF Score™: 29/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VSING Business Description

Address No. 42, Jalan Puteri 2/2, Bandar Puteri Puchong, Puchong, SGR, MYS, 47100
VSING Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in providing international freight forwarding and logistics services, with a primary focus on air/ sea freight forwarding and related services, trucking and warehousing to customers across various countries, manufacturing and sale of plastic products in Vietnam and trading of used mobile phones. Its reportable segments are: Interactive entertainment technology platform and software business, Freight forwarding and related services, Trading of used mobile phones, and Manufacturing and sale of plastic products. The majority of the company's revenue is derived from the trading of used mobile phones segment. Geographically, key revenue is derived from Malaysia, and the rest from Vietnam and the PRC.
29GF Score

Get the complete analysis for HKSE:08292

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

HK$0.15
Price
HK$0.07
GF Value