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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.
Shenzhen Pagoda Industrial (Group) ROE % Related Terms
Shenzhen Pagoda Industrial (Group) ROE % Historical Data
* 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 Specialty Retail subindustry, Shenzhen Pagoda Industrial (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.
Shenzhen Pagoda Industrial (Group) ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Pagoda Industrial (Group)'s ROE % distribution charts can be found below:
* The bar in red indicates where Shenzhen Pagoda Industrial (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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Shenzhen Pagoda Industrial (Group) (HKSE:02411) has a ROE % of 1.95% 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 Shenzhen Pagoda Industrial (Group) and its competitors. This is 79% below median its historical median of 9.19. According to the industry distribution chart, Shenzhen Pagoda Industrial (Group) ranks #951 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 86.7%.
Is Shenzhen Pagoda Industrial (Group)'s ROE % too high?
Shenzhen Pagoda Industrial (Group)'s current ROE % of 1.95% is 79% below median its 10-year median of 9.19. The Retail - Cyclical industry median ROE % is 6.49. Shenzhen Pagoda Industrial (Group)'s value of 1.95% is 70% below this industry median. Based on the distribution chart, Shenzhen Pagoda Industrial (Group) ranks #951 out of 1097 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Pagoda Industrial (Group) has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Pagoda Industrial (Group)'s ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Shenzhen Pagoda Industrial (Group) ranks #951 out of 1097 companies for ROE %. This places Shenzhen Pagoda Industrial (Group) in the lower half of its industry. The industry median ROE % is 6.49. Shenzhen Pagoda Industrial (Group)'s value of 1.95% is 70% below this benchmark. While the company's 10-year median is 9.19 vs. the industry median of 6.49, Shenzhen Pagoda Industrial (Group) has consistently been below 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 - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,097 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. Shenzhen Pagoda Industrial (Group)'s current ROE % of 1.95% is 70% below 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 Shenzhen Pagoda Industrial (Group) and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Pagoda Industrial (Group)'s current ROE % is 1.95%, which is 79% below median its own 10-year median of 9.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Pagoda Industrial (Group) stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Pagoda Industrial (Group) (HKSE:02411) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.99, compared to a current price of HK$1.51 — trading 24.1% below its estimated fair value. The current ROE % is 1.95%, which is 79% below median its 10-year median of 9.19 and 70% below the Retail - Cyclical industry median of 6.49. Shenzhen Pagoda Industrial (Group)'s overall GF Score™ is 79/100 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 Shenzhen Pagoda Industrial (Group) (HKSE:02411), the current ROE % is 1.95% 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 Shenzhen Pagoda Industrial (Group) (HKSE:02411) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Pagoda Industrial (Group) stock appears to be undervalued.
The current stock price of HK$1.51 is trading 24.1% below its estimated GF Value™ of HK$1.99.
GuruFocus considers Shenzhen Pagoda Industrial (Group) to be Modestly Undervalued.
Key valuation signals for HKSE:02411:
ROE %: 1.95% (79% below median its 10-year median of 9.19)
GF Value™: HK$1.99 vs. price of HK$1.51 (24.1% below fair value)
Industry Position: 70% below the Retail - Cyclical median (#951 of 1097)
No single metric tells the full story. See the HKSE:02411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Pagoda Industrial (Group) Business Description
Shenzhen Pagoda Industrial (Group) Corp Ltd is principally engaged in operating a franchised retail network and trading of fruits. The group has three reportable segments which include Operation of franchised and self-owned retail networks(Franchising). Sales of fruit and other food products trading of fruits(Trading), and others. The majority of its revenue derives from the Franchising segment which includes the operation of franchised and self-owned retail networks.
79GF Score
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