King Wan (SGX:554) ROE %: -19.80% (As of Mar. 2026)


What is King Wan ROE %?

King Wan SGX:554 ROE % is -19.80% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,738 Construction companies, King Wan ranks worse than 84.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. King Wan's annualized net income for the quarter that ended in Mar. 2026 was S$-13.25 Mil. King Wan's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was S$66.91 Mil. Therefore, King Wan's annualized ROE % for the quarter that ended in Mar. 2026 was -19.80%.

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

SGX:554' s ROE % Range Over the Past 10 Years
Min: -8.67   Med: 0.81   Max: 18.75
Current: -8.61

During the past 13 years, King Wan's highest ROE % was 18.75%. The lowest was -8.67%. And the median was 0.81%.

SGX:554's ROE % is ranked worse than
84.75% of 1738 companies
in the Construction industry
Industry Median: 6.715 vs SGX:554: -8.61

King Wan  (SGX:554) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-13.248/66.911
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.248 / 45.812)*(45.812 / 111.728)*(111.728 / 66.911)
=Net Margin %*Asset Turnover*Equity Multiplier
=-28.92 %*0.41*1.6698
=ROA %*Equity Multiplier
=-11.86 %*1.6698
=-19.80 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-13.248/66.911
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.248 / -15.198) * (-15.198 / -16.804) * (-16.804 / 45.812) * (45.812 / 111.728) * (111.728 / 66.911)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8717 * 0.9044 * -36.68 % * 0.41 * 1.6698
=-19.80 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


King Wan ROE % Related Terms


King Wan ROE % Historical Data

* Premium members only.

The historical data trend for King Wan'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.

King Wan ROE % Chart

King Wan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 -7.30 18.75 4.93 -8.67

King Wan Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only 28.55 6.75 3.01 2.31 -19.80

SGX:554 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, King Wan'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.


King Wan ROE % vs Construction Industry

For the Construction industry and Industrials sector, King Wan's ROE % distribution charts can be found below:

* The bar in red indicates where King Wan's ROE % falls into.



King Wan ROE % Calculation

King Wan's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-5.828/( (69.263+65.147)/ 2 )
=-5.828/67.205
=-8.67 %

King Wan's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-13.248/( (68.675+65.147)/ 2 )
=-13.248/66.911
=-19.80 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -19.80% mean?
King Wan (SGX:554) has a ROE % of -19.80% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on King Wan and its competitors. According to the industry distribution chart, King Wan ranks #1473 out of 1738 companies in the Construction industry, placing it in the top 84.8%.
Is King Wan's ROE % too high?
King Wan's current ROE % is -19.80%. Based on the distribution chart, King Wan ranks #1473 out of 1738 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does King Wan's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, King Wan ranks #1473 out of 1738 companies for ROE %. This places King Wan in the lower half of its industry. The industry median ROE % is 6.72. 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,738 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. 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 King Wan and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Wan's current ROE % is -19.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Wan stock overvalued right now?
Based on GuruFocus' analysis, King Wan (SGX:554) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.05 — trading 400% above its estimated fair value. The current ROE % is -19.80%. 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 King Wan (SGX:554), the current ROE % is -19.80% as of Mar. 2026. 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.

King Wan Business Description

Address 8 Sungei Kadut Loop, Singapore, SGP, 729455
King Wan Corp Ltd engages in the provision of mechanical and electrical engineering services for the building and construction industry. It operates in five segments. The Plumbing and Sanitary segment provides services comprising the design and installation of water distribution systems and pipe networks for sewage and wastewater drainage. The electrical segment focuses on the electrical engineering services that design and install electricity distribution systems, fire protection, alarm systems, and security systems. The toilet rental segment consists of the rental and operation of mobile lavatories. The investment holding segment consists of investments in associates and joint ventures. Others segment involves other activities that do not fall into the activities of the other segments.