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Vanov Holdings CoHKSE:02260 -0.40%86 ROE % is 13.41% as of Dec. 2025, which is 40% below its 10-year median of 22.25. GuruFocus rates HKSE:02260 with a GF Score™ of 86/100 and a GF Value™ of HK$1.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 279 Forest Products companies, Vanov Holdings Co ranks better than 79.57% on this metric.
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.
Vanov Holdings Co ROE % Related Terms
Vanov Holdings Co ROE % Historical Data
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The historical data trend for Vanov Holdings Co'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 Paper & Paper Products subindustry, Vanov Holdings Co'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.
Vanov Holdings Co ROE % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's ROE % distribution charts can be found below:
* The bar in red indicates where Vanov Holdings Co'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.
Vanov Holdings Co (HKSE:02260) has a ROE % of 13.41% 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 Vanov Holdings Co and its competitors. This is 40% below median its historical median of 22.25. Over the past decade, Vanov Holdings Co's ROE % has ranged from 8.39 to 43.69. According to the industry distribution chart, Vanov Holdings Co ranks #57 out of 279 companies in the Forest Products industry, placing it in the top 20.4%.
Is Vanov Holdings Co's ROE % too high?
Vanov Holdings Co's current ROE % of 13.41% is 40% below median its 10-year median of 22.25. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 43.69. The Forest Products industry median ROE % is 2.48. Vanov Holdings Co's value of 13.41% is 440.7% above this industry median. Based on the distribution chart, Vanov Holdings Co ranks #57 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vanov Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanov Holdings Co's ROE % compare to competitors?
According to the Forest Products industry distribution chart, Vanov Holdings Co ranks #57 out of 279 companies for ROE %. This places Vanov Holdings Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 2.48. Vanov Holdings Co's value of 13.41% is 440.7% above this benchmark. Historically, Vanov Holdings Co's own ROE % has ranged from 8.39 to 43.69 over the past decade. While the company's 10-year median is 22.25 vs. the industry median of 2.48, Vanov Holdings Co 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 Forest Products company?
The median ROE % among Forest Products companies is 2.48, based on 279 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. Vanov Holdings Co's current ROE % of 13.41% is 440.7% 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 Vanov Holdings Co and its competitors. For the Forest Products industry, the median ROE % is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanov Holdings Co's current ROE % is 13.41%, which is 40% below median its own 10-year median of 22.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanov Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Vanov Holdings Co (HKSE:02260) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.61, compared to a current price of HK$1.24 — trading 23.3% below its estimated fair value. The current ROE % is 13.41%, which is 40% below median its 10-year median of 22.25 and 440.7% above the Forest Products industry median of 2.48. Vanov Holdings Co's overall GF Score™ is 86/100 with 7 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 Vanov Holdings Co (HKSE:02260), the current ROE % is 13.41% 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 Vanov Holdings Co (HKSE:02260) Overvalued in 2026?
Based on GuruFocus' analysis, Vanov Holdings Co stock appears to be undervalued.
The current stock price of HK$1.24 is trading 23.3% below its estimated GF Value™ of HK$1.61.
GuruFocus considers Vanov Holdings Co to be Modestly Undervalued.
Key valuation signals for HKSE:02260:
ROE %: 13.41% (40% below median its 10-year median of 22.25)
GF Value™: HK$1.61 vs. price of HK$1.24 (23.3% below fair value)
Industry Position: 440.7% above the Forest Products median (#57 of 279)
No single metric tells the full story. See the HKSE:02260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture, and sales of papermaking felts. The company has a collection of products which include Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, and Pulp papermaking felts. The company generates the majority of revenue from The PRC region.
86GF Score
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