SL Gemini Energy Co (HKSE:02481) ROE %: 9.28% (As of Dec. 2025) — 35% Below Median


HKSE:02481 SL Gemini Energy Co Ltd HKSE:02481
61 GF Score
Price HK$2.51
GF Value HK$2.50
Valuation Fairly Valued
! 3 Warning Signs
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What is SL Gemini Energy Co ROE %?

SL Gemini Energy Co HKSE:02481 +0.80% 61 ROE % is 9.28% as of Dec. 2025, which is 35% below its 10-year median of 14.28. GuruFocus rates HKSE:02481 with a GF Score™ of 61/100 and a GF Value™ of HK$2.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 432 Utilities - Independent Power Producers companies, SL Gemini Energy Co ranks better than 82.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SL Gemini Energy Co's annualized net income for the quarter that ended in Dec. 2025 was HK$129 Mil. SL Gemini Energy Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was HK$1,392 Mil. Therefore, SL Gemini Energy Co's annualized ROE % for the quarter that ended in Dec. 2025 was 9.28%.

The historical rank and industry rank for SL Gemini Energy Co's ROE % or its related term are showing as below:

HKSE:02481' s ROE % Range Over the Past 10 Years
Min: 12.84   Med: 14.28   Max: 19.51
Current: 13.88

During the past 6 years, SL Gemini Energy Co's highest ROE % was 19.51%. The lowest was 12.84%. And the median was 14.28%.

HKSE:02481's ROE % is ranked better than
82.64% of 432 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.795 vs HKSE:02481: 13.88

SL Gemini Energy Co  (HKSE:02481) ROE % Explanation

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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=129.194/1391.6295
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(129.194 / 1428.988)*(1428.988 / 6394.1945)*(6394.1945 / 1391.6295)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.04 %*0.2235*4.5948
=ROA %*Equity Multiplier
=2.02 %*4.5948
=9.28 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=129.194/1391.6295
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (129.194 / 267.732) * (267.732 / 272.326) * (272.326 / 1428.988) * (1428.988 / 6394.1945) * (6394.1945 / 1391.6295)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4825 * 0.9831 * 19.06 % * 0.2235 * 4.5948
=9.28 %

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.


SL Gemini Energy Co ROE % Related Terms


SL Gemini Energy Co ROE % Historical Data

* Premium members only.

The historical data trend for SL Gemini Energy 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.

SL Gemini Energy Co ROE % Chart

SL Gemini Energy Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 19.51 13.59 16.57 14.55 14.00

SL Gemini Energy Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.97 20.46 8.99 18.74 9.28

HKSE:02481 vs CEG, VST, NRG: ROE % Comparison

For the Utilities - Independent Power Producers subindustry, SL Gemini Energy 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.


SL Gemini Energy Co ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SL Gemini Energy Co's ROE % distribution charts can be found below:

* The bar in red indicates where SL Gemini Energy Co's ROE % falls into.


HKSE:02481
61GF Score
SL Gemini Energy Co Ltd HKSE:02481
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SL Gemini Energy Co ROE % Calculation

SL Gemini Energy Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=188.04/( (1254.218+1431.143)/ 2 )
=188.04/1342.6805
=14.00 %

SL Gemini Energy Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=129.194/( (1352.116+1431.143)/ 2 )
=129.194/1391.6295
=9.28 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.28% mean?
SL Gemini Energy Co (HKSE:02481) has a ROE % of 9.28% 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 SL Gemini Energy Co and its competitors. This is 35% below median its historical median of 14.28. Over the past decade, SL Gemini Energy Co's ROE % has ranged from 12.84 to 19.51. According to the industry distribution chart, SL Gemini Energy Co ranks #75 out of 432 companies in the Utilities - Independent Power Producers industry, placing it in the top 17.4%.
Is SL Gemini Energy Co's ROE % too high?
SL Gemini Energy Co's current ROE % of 9.28% is 35% below median its 10-year median of 14.28. Over the past 10 years, this metric has ranged from a low of 12.84 to a high of 19.51. The Utilities - Independent Power Producers industry median ROE % is 3.80. SL Gemini Energy Co's value of 9.28% is 144.5% above this industry median. Based on the distribution chart, SL Gemini Energy Co ranks #75 out of 432 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SL Gemini Energy Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SL Gemini Energy Co's ROE % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, SL Gemini Energy Co ranks #75 out of 432 companies for ROE %. This places SL Gemini Energy Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 3.80. SL Gemini Energy Co's value of 9.28% is 144.5% above this benchmark. Historically, SL Gemini Energy Co's own ROE % has ranged from 12.84 to 19.51 over the past decade. While the company's 10-year median is 14.28 vs. the industry median of 3.80, SL Gemini Energy 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 an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 432 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. SL Gemini Energy Co's current ROE % of 9.28% is 144.5% 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 SL Gemini Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SL Gemini Energy Co's current ROE % is 9.28%, which is 35% below median its own 10-year median of 14.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SL Gemini Energy Co stock overvalued right now?
Based on GuruFocus' analysis, SL Gemini Energy Co (HKSE:02481) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.50, compared to a current price of HK$2.51 — trading 0.4% above its estimated fair value. The current ROE % is 9.28%, which is 35% below median its 10-year median of 14.28 and 144.5% above the Utilities - Independent Power Producers industry median of 3.80. SL Gemini Energy Co's overall GF Score™ is 61/100 with 3 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 SL Gemini Energy Co (HKSE:02481), the current ROE % is 9.28% 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 SL Gemini Energy Co (HKSE:02481) Overvalued in 2026?

Based on GuruFocus' analysis, SL Gemini Energy Co stock appears to be overvalued. The current stock price of HK$2.51 is trading 0.4% above its estimated GF Value™ of HK$2.50. GuruFocus considers SL Gemini Energy Co to be Fairly Valued.

Key valuation signals for HKSE:02481:

  • ROE %: 9.28% (35% below median its 10-year median of 14.28)
  • GF Value™: HK$2.50 vs. price of HK$2.51 (0.4% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 144.5% above the Utilities - Independent Power Producers median (#75 of 432)

No single metric tells the full story. See the HKSE:02481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SL Gemini Energy Co Business Description

Address No. 15 Shuangliang Road, Ligang Street, Room 202, 2nd Floor, Jiangsu Province, Jiangyin, CHN
SL Gemini Energy Co Ltd is engaged in clean energy and combined energy heating in China. Its activities include clean energy heating projects involving renewable and new energy sources, as well as technologies such as combined heat and power, waste heat recovery, and geothermal heating. The company develops and applies integrated energy and heating technologies across multiple regions in China.
61GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.51
Price
HK$2.50
GF Value