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.
Swang Chai ChuanHKSE:02321 -1.01%66 ROE % is 9.35% as of Dec. 2025, which is 43% below its 10-year median of 16.31. GuruFocus rates HKSE:02321 with a GF Score™ of 66/100 and a GF Value™ of HK$0.44 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 303 Retail - Defensive companies, Swang Chai Chuan ranks better than 62.71% 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.
Swang Chai Chuan ROE % Related Terms
Swang Chai Chuan ROE % Historical Data
* Premium members only.
The historical data trend for Swang Chai Chuan'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 Grocery Stores subindustry, Swang Chai Chuan'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.
Swang Chai Chuan ROE % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Swang Chai Chuan's ROE % distribution charts can be found below:
* The bar in red indicates where Swang Chai Chuan'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.
Swang Chai Chuan (HKSE:02321) has a ROE % of 9.35% 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 Swang Chai Chuan and its competitors. This is 43% below median its historical median of 16.31. Over the past decade, Swang Chai Chuan's ROE % has ranged from 12.00 to 23.64. According to the industry distribution chart, Swang Chai Chuan ranks #113 out of 303 companies in the Retail - Defensive industry, placing it in the top 37.3%.
Is Swang Chai Chuan's ROE % too high?
Swang Chai Chuan's current ROE % of 9.35% is 43% below median its 10-year median of 16.31. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 23.64. The Retail - Defensive industry median ROE % is 8.38. Swang Chai Chuan's value of 9.35% is 11.6% above this industry median. Based on the distribution chart, Swang Chai Chuan ranks #113 out of 303 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Swang Chai Chuan has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swang Chai Chuan's ROE % compare to KR?
According to the Retail - Defensive industry distribution chart, Swang Chai Chuan ranks #113 out of 303 companies for ROE %. This puts Swang Chai Chuan in the upper half of its industry. The industry median ROE % is 8.38. Swang Chai Chuan's value of 9.35% is 11.6% above this benchmark. Historically, Swang Chai Chuan's own ROE % has ranged from 12.00 to 23.64 over the past decade. While the company's 10-year median is 16.31 vs. the industry median of 8.38, Swang Chai Chuan 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.38, based on 303 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. Swang Chai Chuan's current ROE % of 9.35% is 11.6% 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 Swang Chai Chuan and its competitors. For the Retail - Defensive industry, the median ROE % is 8.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swang Chai Chuan's current ROE % is 9.35%, which is 43% below median its own 10-year median of 16.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swang Chai Chuan stock overvalued right now?
Based on GuruFocus' analysis, Swang Chai Chuan (HKSE:02321) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.44, compared to a current price of HK$0.49 — trading 11.4% above its estimated fair value. The current ROE % is 9.35%, which is 43% below median its 10-year median of 16.31 and 11.6% above the Retail - Defensive industry median of 8.38. Swang Chai Chuan's overall GF Score™ is 66/100 with 8 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 Swang Chai Chuan (HKSE:02321), the current ROE % is 9.35% 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 Swang Chai Chuan (HKSE:02321) Overvalued in 2026?
Based on GuruFocus' analysis, Swang Chai Chuan stock appears to be overvalued.
The current stock price of HK$0.49 is trading 11.4% above its estimated GF Value™ of HK$0.44.
GuruFocus considers Swang Chai Chuan to be Modestly Overvalued.
Key valuation signals for HKSE:02321:
ROE %: 9.35% (43% below median its 10-year median of 16.31)
GF Value™: HK$0.44 vs. price of HK$0.49 (11.4% above fair value)
Industry Position: 11.6% above the Retail - Defensive median (#113 of 303)
No single metric tells the full story. See the HKSE:02321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swang Chai Chuan Ltd is an investment holding company and its subsidiaries are principally engaged in distribution and sales of food and beverages (F&B) and provision of logistics, warehousing and other services in Malaysia. The company has one reportable segment. The company's brands are CED, Mega Food, Mega Fresh, Sayangku, and Snow Cat.
66GF Score
Get the complete analysis for HKSE:02321
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:02321 has been successfully added to your 
