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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, Carry Wealth Holdings'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.
Carry Wealth Holdings ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carry Wealth Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Carry Wealth Holdings'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.
Carry Wealth Holdings (HKSE:00643) has a ROE % of -29.53% 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 Carry Wealth Holdings and its competitors. According to the industry distribution chart, Carry Wealth Holdings ranks #971 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.7%.
Is Carry Wealth Holdings' ROE % too high?
Carry Wealth Holdings' current ROE % is -29.53%. Based on the distribution chart, Carry Wealth Holdings ranks #971 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Carry Wealth Holdings has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carry Wealth Holdings' ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carry Wealth Holdings ranks #971 out of 1025 companies for ROE %. This places Carry Wealth Holdings in the lower half of its industry. The industry median ROE % is 4.04. 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 1,025 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. 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 Carry Wealth Holdings 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. Carry Wealth Holdings's current ROE % is -29.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carry Wealth Holdings stock overvalued right now?
Based on GuruFocus' analysis, Carry Wealth Holdings (HKSE:00643) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.19 — trading 25.3% above its estimated fair value. The current ROE % is -29.53%. Carry Wealth Holdings' overall GF Score™ is 24/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Carry Wealth Holdings (HKSE:00643), the current ROE % is -29.53% 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 Carry Wealth Holdings (HKSE:00643) Overvalued in 2026?
Based on GuruFocus' analysis, Carry Wealth Holdings stock appears to be overvalued.
The current stock price of HK$0.19 is trading 25.3% above its estimated GF Value™ of HK$0.15.
GuruFocus considers Carry Wealth Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:00643:
ROE %: -29.53%
GF Value™: HK$0.15 vs. price of HK$0.19 (25.3% above fair value)
No single metric tells the full story. See the HKSE:00643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carry Wealth Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of garment products and securities investment. The company operates through the segments of Garment manufacturing and trading segment including the manufacturing of garments for apparel brands and the sale of garment products; and the Securities investment segment consisting of investments in various securities listed on the Hong Kong Stock Exchange. Its product ranges from polo, athletics, cardigan, hoodies, tee, jackets, bottoms, and dresses to layettes. In addition, the company also provides embroidery machines and printing facilities to handle fashionable graphic design on its products. The company derives a maximum of its revenue from the U.S.
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