Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
High Fashion InternationalHKSE:00608 69 ROE % is 1.74% as of Dec. 2025, which is 40% below its 10-year median of 2.90. GuruFocus rates HKSE:00608 with a GF Score™ of 69/100 and a GF Value™ of HK$1.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, High Fashion International ranks worse than 60.25% on this metric.
High Fashion International (HKSE:00608) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 Apparel Manufacturing subindustry, High Fashion International's ROE %, along with its competitors' market caps and ROE % 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.
High Fashion International ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, High Fashion International's ROE % distribution charts can be found below:
* The bar in red indicates where High Fashion International's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
High Fashion International (HKSE:00608) has a ROE % of 1.74% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on High Fashion International and its competitors. This is 40% below median its historical median of 2.90. Over the past decade, High Fashion International's ROE % has ranged from 1.72 to 4.88. According to the industry distribution chart, High Fashion International ranks #617 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.3%.
Is High Fashion International's ROE % too high?
High Fashion International's current ROE % of 1.74% is 40% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 4.88. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. High Fashion International's value of 1.74% is 56.9% below this industry median. Based on the distribution chart, High Fashion International ranks #617 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. 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 ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, High Fashion International ranks #617 out of 1024 companies for ROE %. This places High Fashion International in the lower half of its industry. The industry median ROE % is 4.04. High Fashion International's value of 1.74% is 56.9% below this benchmark. Historically, High Fashion International's own ROE % has ranged from 1.72 to 4.88 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 4.04, High Fashion International has consistently been below 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 ROE % for a Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Fashion International's current ROE % of 1.74% is 56.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on High Fashion International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Fashion International's current ROE % is 1.74%, which is 40% below median its own 10-year median of 2.90. 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 ROE % is 1.74%, which is 40% below median its 10-year median of 2.90 and 56.9% below the Manufacturing - Apparel & Accessories industry median of 4.04. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For High Fashion International (HKSE:00608), the current ROE % is 1.74% 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:
ROE %: 1.74% (40% below median its 10-year median of 2.90)
GF Value™: HK$1.35 vs. price of HK$1.19 (11.9% below fair value)
Industry Position: 56.9% below the Manufacturing - Apparel & Accessories median (#617 of 1024)
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
Get the complete analysis for HKSE:00608
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00608 has been successfully added to your 
