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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.
Billion Industrial HoldingsHKSE:02299 67 ROE % is 4.70% as of Dec. 2025, which is 44% below its 10-year median of 8.46. GuruFocus rates HKSE:02299 with a GF Score™ of 67/100 and a GF Value™ of HK$4.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Billion Industrial Holdings ranks better than 74.22% 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.
* 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 Textile Manufacturing subindustry, Billion Industrial 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.
Billion Industrial Holdings ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Billion Industrial Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Billion Industrial 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.
Billion Industrial Holdings (HKSE:02299) has a ROE % of 4.70% 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 Billion Industrial Holdings and its competitors. This is 44% below median its historical median of 8.46. Over the past decade, Billion Industrial Holdings' ROE % has ranged from 3.49 to 21.67. According to the industry distribution chart, Billion Industrial Holdings ranks #264 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.8%.
Is Billion Industrial Holdings' ROE % too high?
Billion Industrial Holdings' current ROE % of 4.70% is 44% below median its 10-year median of 8.46. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 21.67. The Manufacturing - Apparel & Accessories industry median ROE % is 4.35. Billion Industrial Holdings' value of 4.70% is 8% above this industry median. Based on the distribution chart, Billion Industrial Holdings ranks #264 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Billion Industrial Holdings has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Billion Industrial Holdings' ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Billion Industrial Holdings ranks #264 out of 1024 companies for ROE %. This puts Billion Industrial Holdings in the upper half of its industry. The industry median ROE % is 4.35. Billion Industrial Holdings' value of 4.70% is 8% above this benchmark. Historically, Billion Industrial Holdings' own ROE % has ranged from 3.49 to 21.67 over the past decade. While the company's 10-year median is 8.46 vs. the industry median of 4.35, Billion Industrial 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.35, 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. Billion Industrial Holdings's current ROE % of 4.70% is 8% 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 Billion Industrial Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billion Industrial Holdings's current ROE % is 4.70%, which is 44% below median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billion Industrial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Billion Industrial Holdings (HKSE:02299) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$4.54, compared to a current price of HK$5.30 — trading 16.7% above its estimated fair value. The current ROE % is 4.70%, which is 44% below median its 10-year median of 8.46 and 8% above the Manufacturing - Apparel & Accessories industry median of 4.35. Billion Industrial Holdings' overall GF Score™ is 67/100 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 Billion Industrial Holdings (HKSE:02299), the current ROE % is 4.70% 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 Billion Industrial Holdings (HKSE:02299) Overvalued in 2026?
Based on GuruFocus' analysis, Billion Industrial Holdings stock appears to be overvalued.
The current stock price of HK$5.30 is trading 16.7% above its estimated GF Value™ of HK$4.54.
GuruFocus considers Billion Industrial Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:02299:
ROE %: 4.70% (44% below median its 10-year median of 8.46)
GF Value™: HK$4.54 vs. price of HK$5.30 (16.7% above fair value)
Industry Position: 8% above the Manufacturing - Apparel & Accessories median (#264 of 1024)
No single metric tells the full story. See the HKSE:02299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings. Geographically, the company operates in PRC, Vietnam and others segment generating key revenue from PRC region.
67GF Score
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