GHW International (HKSE:09933) ROE %: 1.91% (As of Dec. 2025) — 94% Below Median

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HKSE:09933 GHW International HKSE:09933
85 GF Score
Price HK$1.68
GF Value HK$1.79
Valuation Fairly Valued
! 6 Warning Signs
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What is GHW International ROE %?

GHW International HKSE:09933 -0.59% 85 ROE % is 1.91% as of Dec. 2025, which is 94% below its 10-year median of 29.80. GuruFocus rates HKSE:09933 with a GF Score™ of 85/100 and a GF Value™ of HK$1.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,588 Chemicals companies, GHW International ranks worse than 68.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GHW International's annualized net income for the quarter that ended in Dec. 2025 was HK$13 Mil. GHW International's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was HK$657 Mil. Therefore, GHW International's annualized ROE % for the quarter that ended in Dec. 2025 was 1.91%.

The historical rank and industry rank for GHW International's ROE % or its related term are showing as below:

HKSE:09933' s ROE % Range Over the Past 10 Years
Min: -3.31   Med: 29.8   Max: 104.01
Current: 2.16

During the past 10 years, GHW International's highest ROE % was 104.01%. The lowest was -3.31%. And the median was 29.80%.

HKSE:09933's ROE % is ranked worse than
68.01% of 1588 companies
in the Chemicals industry
Industry Median: 5.895 vs HKSE:09933: 2.16

GHW International  (HKSE:09933) 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
=12.552/656.5395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.552 / 4985.594)*(4985.594 / 2284.909)*(2284.909 / 656.5395)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.25 %*2.182*3.4802
=ROA %*Equity Multiplier
=0.55 %*3.4802
=1.91 %

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
=12.552/656.5395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12.552 / 15.842) * (15.842 / 59.828) * (59.828 / 4985.594) * (4985.594 / 2284.909) * (2284.909 / 656.5395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7923 * 0.2648 * 1.2 % * 2.182 * 3.4802
=1.91 %

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.


GHW International ROE % Related Terms


GHW International ROE % Historical Data

* Premium members only.

The historical data trend for GHW International'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.

GHW International ROE % Chart

GHW International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.59 56.37 0.46 2.16 2.18

GHW International Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 1.52 2.83 2.41 1.91

HKSE:09933 vs DOW: ROE % Comparison

For the Chemicals subindustry, GHW International'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.


GHW International ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, GHW International's ROE % distribution charts can be found below:

* The bar in red indicates where GHW International's ROE % falls into.


HKSE:09933
85GF Score
GHW International HKSE:09933
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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GHW International ROE % Calculation

GHW International'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 )
=14.049/( (625.423+661.941)/ 2 )
=14.049/643.682
=2.18 %

GHW International'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 )
=12.552/( (651.138+661.941)/ 2 )
=12.552/656.5395
=1.91 %

* 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 1.91% mean?
GHW International (HKSE:09933) has a ROE % of 1.91% 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 GHW International and its competitors. This is 94% below median its historical median of 29.80. According to the industry distribution chart, GHW International ranks #1080 out of 1588 companies in the Chemicals industry, placing it in the top 68%.
Is GHW International's ROE % too high?
GHW International's current ROE % of 1.91% is 94% below median its 10-year median of 29.80. The Chemicals industry median ROE % is 5.90. GHW International's value of 1.91% is 67.6% below this industry median. Based on the distribution chart, GHW International ranks #1080 out of 1588 companies in the Chemicals industry, which is below the industry midpoint. Overall, GHW International has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GHW International's ROE % compare to DOW?
According to the Chemicals industry distribution chart, GHW International ranks #1080 out of 1588 companies for ROE %. This places GHW International in the lower half of its industry. The industry median ROE % is 5.90. GHW International's value of 1.91% is 67.6% below this benchmark. While the company's 10-year median is 29.80 vs. the industry median of 5.90, GHW International 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 Chemicals company?
The median ROE % among Chemicals companies is 5.90, based on 1,588 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. GHW International's current ROE % of 1.91% is 67.6% 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 GHW International and its competitors. For the Chemicals industry, the median ROE % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GHW International's current ROE % is 1.91%, which is 94% below median its own 10-year median of 29.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHW International stock overvalued right now?
Based on GuruFocus' analysis, GHW International (HKSE:09933) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.79, compared to a current price of HK$1.68 — trading 6.4% below its estimated fair value. The current ROE % is 1.91%, which is 94% below median its 10-year median of 29.80 and 67.6% below the Chemicals industry median of 5.90. GHW International's overall GF Score™ is 85/100 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 GHW International (HKSE:09933), the current ROE % is 1.91% 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 GHW International (HKSE:09933) Overvalued in 2026?

Based on GuruFocus' analysis, GHW International stock appears to be undervalued. The current stock price of HK$1.68 is trading 6.4% below its estimated GF Value™ of HK$1.79. GuruFocus considers GHW International to be Fairly Valued.

Key valuation signals for HKSE:09933:

  • ROE %: 1.91% (94% below median its 10-year median of 29.80)
  • GF Value™: HK$1.79 vs. price of HK$1.68 (6.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 67.6% below the Chemicals median (#1080 of 1588)

No single metric tells the full story. See the HKSE:09933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GHW International Business Description

Address No. 69 Aoti Street, Xincheng Science Park, 6th Building, Nanjing, CHN
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third-party manufacturers based in mainland China, the Southeast Asia region, Europe, and the United States. The company's business segment includes Methylamine Industry Series, Iodine derivatives and supporting products, Goldenhighway new materials, Advanced materials intermediates series, Green products, Healthcare and wellness, and Happy Elephant selections. Geographically, the company generates the majority of its revenue from the Mainland of China. It also has its presence in Europe; Vietnam; Other countries in Asia (excluding mainland China and Vietnam); and Others.
85GF Score

Get the complete analysis for HKSE:09933

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

HK$1.68
Price
HK$1.79
GF Value