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Mixue GroupHKSE:02097 +1.94%23 ROE % is 29.69% as of Dec. 2024, which is 14% below its 10-year median of 34.50. GuruFocus rates HKSE:02097 with a GF Score™ of 23/100. Among 114 Beverages - Non-Alcoholic companies, Mixue Group ranks better than 87.72% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mixue Group's annualized net income for the quarter that ended in Dec. 2024 was HK$4,111 Mil. Mixue Group's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was HK$13,742 Mil. Therefore, Mixue Group's annualized ROE % for the quarter that ended in Dec. 2024 was 29.92%.
The historical rank and industry rank for Mixue Group's ROE % or its related term are showing as below:
HKSE:02097'
s ROE % Range Over the Past 10 Years
Min: 29.33 Med: 34.5 Max: 34.63
Current: 29.33
During the past 5 years, Mixue Group's highest ROE % was 34.63%. The lowest was 29.33%. And the median was 34.50%.
HKSE:02097's ROE % is ranked better than 87.72% of 114
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 11.905
vs HKSE:02097: 29.33
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 four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.
Mixue Group ROE % Related Terms
Mixue Group ROE % Historical Data
* Premium members only.
The historical data trend for Mixue Group'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.
Mixue Group ROE % Chart
Mixue Group Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROE %
33.96
30.60
34.56
34.74
29.28
Mixue Group Quarterly Data
Dec22
Dec23
Dec24
ROE %
19.89
31.74
29.69
HKSE:02097 vs KO, PEP, MNST: ROE % Comparison
For the Beverages - Non-Alcoholic subindustry, Mixue Group'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.
Mixue Group ROE % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Mixue Group's ROE % distribution charts can be found below:
* The bar in red indicates where Mixue Group'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 four times the quarterly (Dec. 2024) net income data.
ROE % is displayed in the 30-year financial page.
Mixue Group (HKSE:02097) has a ROE % of 29.69% as of Dec. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mixue Group and its competitors. This is 14% below median its historical median of 34.50. Over the past decade, Mixue Group's ROE % has ranged from 29.33 to 34.63. According to the industry distribution chart, Mixue Group ranks #14 out of 114 companies in the Beverages - Non-Alcoholic industry, placing it in the top 12.3%.
Is Mixue Group's ROE % too high?
Mixue Group's current ROE % of 29.69% is 14% below median its 10-year median of 34.50. Over the past 10 years, this metric has ranged from a low of 29.33 to a high of 34.63. The Beverages - Non-Alcoholic industry median ROE % is 11.91. Mixue Group's value of 29.69% is 149.4% above this industry median. Based on the distribution chart, Mixue Group ranks #14 out of 114 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Mixue Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Mixue Group's ROE % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Mixue Group ranks #14 out of 114 companies for ROE %. This places Mixue Group in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 11.91. Mixue Group's value of 29.69% is 149.4% above this benchmark. Historically, Mixue Group's own ROE % has ranged from 29.33 to 34.63 over the past decade. While the company's 10-year median is 34.50 vs. the industry median of 11.91, Mixue Group 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 Beverages - Non-Alcoholic company?
The median ROE % among Beverages - Non-Alcoholic companies is 11.91, based on 114 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. Mixue Group's current ROE % of 29.69% is 149.4% 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 Mixue Group and its competitors. For the Beverages - Non-Alcoholic industry, the median ROE % is 11.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mixue Group's current ROE % is 29.69%, which is 14% below median its own 10-year median of 34.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mixue Group stock overvalued right now?
Mixue Group (HKSE:02097) has a current ROE % of 29.69%. The current ROE % is 29.69%, which is 14% below median its 10-year median of 34.50 and 149.4% above the Beverages - Non-Alcoholic industry median of 11.91. Mixue Group's overall GF Score™ is 23/100. 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 Mixue Group (HKSE:02097), the current ROE % is 29.69% as of Dec. 2024. 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.
Mixue Group is a freshly-made drinks company. It is committed to providing value-for-money products to consumers, including freshly-made fruit drinks, tea drinks, ice cream, and coffee, typically priced around one U.S. dollar (approximately RMB6) per item. The company has three brands - a freshly-made tea drinks brand, MIXUE, a freshly-made coffee brand, Lucky Cup, and a fresh beer brand, FULU Fresh Beer. The company derives the majority of its revenue from Mainland China.
23GF Score
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