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.
Zero2IPO HoldingsHKSE:01945 -0.66%87 ROE % is 28.75% as of Dec. 2025, which is 145% above its 10-year median of 11.75. GuruFocus rates HKSE:01945 with a GF Score™ of 87/100 and a GF Value™ of HK$1.63 (Fairly Valued). The stock has 2 warning signs investors should review. Among 472 Diversified Financial Services companies, Zero2IPO Holdings ranks better than 90.89% on this metric.
The historical rank and industry rank for Zero2IPO Holdings's ROE % or its related term are showing as below:
HKSE:01945'
s ROE % Range Over the Past 10 Years
Min: 2.09 Med: 11.75 Max: 44.44
Current: 12.08
During the past 9 years, Zero2IPO Holdings's highest ROE % was 44.44%. The lowest was 2.09%. And the median was 11.75%.
HKSE:01945's ROE % is ranked better than 90.89% of 472
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs HKSE:01945: 12.08
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.
Zero2IPO Holdings ROE % Related Terms
Zero2IPO Holdings ROE % Historical Data
* Premium members only.
The historical data trend for Zero2IPO Holdings's ROE % 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.
For the Financial Conglomerates subindustry, Zero2IPO 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.
Zero2IPO Holdings ROE % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Zero2IPO 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.
Zero2IPO Holdings (HKSE:01945) has a ROE % of 28.75% 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 Zero2IPO Holdings and its competitors. This is 145% above median its historical median of 11.75. Over the past decade, Zero2IPO Holdings' ROE % has ranged from 2.09 to 44.44. According to the industry distribution chart, Zero2IPO Holdings ranks #43 out of 472 companies in the Diversified Financial Services industry, placing it in the top 9.1%.
Is Zero2IPO Holdings' ROE % too high?
Zero2IPO Holdings' current ROE % of 28.75% is 145% above median its 10-year median of 11.75. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 44.44. The Diversified Financial Services industry median ROE % is 1.65. Zero2IPO Holdings' value of 28.75% is 1642.4% above this industry median. Based on the distribution chart, Zero2IPO Holdings ranks #43 out of 472 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zero2IPO Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zero2IPO Holdings' ROE % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Zero2IPO Holdings ranks #43 out of 472 companies for ROE %. This places Zero2IPO Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 1.65. Zero2IPO Holdings' value of 28.75% is 1642.4% above this benchmark. Historically, Zero2IPO Holdings' own ROE % has ranged from 2.09 to 44.44 over the past decade. While the company's 10-year median is 11.75 vs. the industry median of 1.65, Zero2IPO Holdings has consistently been above 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 Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 472 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. Zero2IPO Holdings's current ROE % of 28.75% is 1642.4% above 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 Zero2IPO Holdings and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero2IPO Holdings's current ROE % is 28.75%, which is 145% above median its own 10-year median of 11.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero2IPO Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zero2IPO Holdings (HKSE:01945) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.63, compared to a current price of HK$1.51 — trading 7.4% below its estimated fair value. The current ROE % is 28.75%, which is 145% above median its 10-year median of 11.75 and 1642.4% above the Diversified Financial Services industry median of 1.65. Zero2IPO Holdings' overall GF Score™ is 87/100 with 2 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 Zero2IPO Holdings (HKSE:01945), the current ROE % is 28.75% 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 Zero2IPO Holdings (HKSE:01945) Overvalued in 2026?
Based on GuruFocus' analysis, Zero2IPO Holdings stock appears to be undervalued.
The current stock price of HK$1.51 is trading 7.4% below its estimated GF Value™ of HK$1.63.
GuruFocus considers Zero2IPO Holdings to be Fairly Valued.
Key valuation signals for HKSE:01945:
ROE %: 28.75% (145% above median its 10-year median of 11.75)
GF Value™: HK$1.63 vs. price of HK$1.51 (7.4% below fair value)
Industry Position: 1642.4% above the Diversified Financial Services median (#43 of 472)
No single metric tells the full story. See the HKSE:01945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focuses on providing information, industry exchanges, and brand promotion; Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services. The majority of the revenue comes from the Investment Banking Services. Geographically, the company generates almost all of its revenue from PRC.
87GF Score
Get the complete analysis for HKSE:01945
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:01945 has been successfully added to your 
