HD Renewable Energy Co (TPE:6873) ROE %: 11.14% (As of Dec. 2025) — 50% Below Median


TPE:6873 HD Renewable Energy Co Ltd TPE:6873
80 GF Score
Price NT$86.10
GF Value NT$148.49
Valuation Possible Value Trap
! 9 Warning Signs
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What is HD Renewable Energy Co ROE %?

HD Renewable Energy Co TPE:6873 +6.56% 80 ROE % is 11.14% as of Dec. 2025, which is 50% below its 10-year median of 22.19. GuruFocus rates TPE:6873 with a GF Score™ of 80/100 and a GF Value™ of NT$148.49 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,738 Construction companies, HD Renewable Energy Co ranks worse than 56.56% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. HD Renewable Energy Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,141 Mil. HD Renewable Energy Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$10,242 Mil. Therefore, HD Renewable Energy Co's annualized ROE % for the quarter that ended in Dec. 2025 was 11.14%.

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

TPE:6873' s ROE % Range Over the Past 10 Years
Min: 5.2   Med: 22.19   Max: 61.07
Current: 5.2

During the past 8 years, HD Renewable Energy Co's highest ROE % was 61.07%. The lowest was 5.20%. And the median was 22.19%.

TPE:6873's ROE % is ranked worse than
56.56% of 1738 companies
in the Construction industry
Industry Median: 6.69 vs TPE:6873: 5.20

HD Renewable Energy Co  (TPE:6873) 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
=1141.184/10242.2115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1141.184 / 13496.024)*(13496.024 / 31384.4285)*(31384.4285 / 10242.2115)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.46 %*0.43*3.0642
=ROA %*Equity Multiplier
=3.64 %*3.0642
=11.14 %

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
=1141.184/10242.2115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1141.184 / 1623.716) * (1623.716 / 2360.688) * (2360.688 / 13496.024) * (13496.024 / 31384.4285) * (31384.4285 / 10242.2115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7028 * 0.6878 * 17.49 % * 0.43 * 3.0642
=11.14 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


HD Renewable Energy Co ROE % Related Terms


HD Renewable Energy Co ROE % Historical Data

* Premium members only.

The historical data trend for HD Renewable 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.

HD Renewable Energy Co ROE % Chart

HD Renewable Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 14.00 26.02 18.36 16.56 5.21

HD Renewable Energy Co Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only 28.00 3.59 4.21 1.49 11.14

TPE:6873 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, HD Renewable 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.


HD Renewable Energy Co ROE % vs Construction Industry

For the Construction industry and Industrials sector, HD Renewable Energy Co's ROE % distribution charts can be found below:

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


TPE:6873
80GF Score
HD Renewable Energy Co Ltd TPE:6873
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HD Renewable Energy Co ROE % Calculation

HD Renewable 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 )
=503.912/( (8945.271+10415.624)/ 2 )
=503.912/9680.4475
=5.21 %

HD Renewable 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: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=1141.184/( (10068.799+10415.624)/ 2 )
=1141.184/10242.2115
=11.14 %

* 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 four times the quarterly (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 11.14% mean?
HD Renewable Energy Co (TPE:6873) has a ROE % of 11.14% 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 HD Renewable Energy Co and its competitors. This is 50% below median its historical median of 22.19. Over the past decade, HD Renewable Energy Co's ROE % has ranged from 5.20 to 61.07. According to the industry distribution chart, HD Renewable Energy Co ranks #983 out of 1738 companies in the Construction industry, placing it in the top 56.6%.
Is HD Renewable Energy Co's ROE % too high?
HD Renewable Energy Co's current ROE % of 11.14% is 50% below median its 10-year median of 22.19. Over the past 10 years, this metric has ranged from a low of 5.20 to a high of 61.07. The Construction industry median ROE % is 6.69. HD Renewable Energy Co's value of 11.14% is 66.5% above this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #983 out of 1738 companies in the Construction industry, which is below the industry midpoint. Overall, HD Renewable Energy Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #983 out of 1738 companies for ROE %. This places HD Renewable Energy Co in the lower half of its industry. The industry median ROE % is 6.69. HD Renewable Energy Co's value of 11.14% is 66.5% above this benchmark. Historically, HD Renewable Energy Co's own ROE % has ranged from 5.20 to 61.07 over the past decade. While the company's 10-year median is 22.19 vs. the industry median of 6.69, HD Renewable 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 a Construction company?
The median ROE % among Construction companies is 6.69, 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. HD Renewable Energy Co's current ROE % of 11.14% is 66.5% 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 HD Renewable Energy Co and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current ROE % is 11.14%, which is 50% below median its own 10-year median of 22.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$148.49, compared to a current price of NT$86.10 — trading 42% below its estimated fair value. The current ROE % is 11.14%, which is 50% below median its 10-year median of 22.19 and 66.5% above the Construction industry median of 6.69. HD Renewable Energy Co's overall GF Score™ is 80/100 with 9 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 HD Renewable Energy Co (TPE:6873), the current ROE % is 11.14% 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?

Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued. The current stock price of NT$86.10 is trading 42% below its estimated GF Value™ of NT$148.49. GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.

Key valuation signals for TPE:6873:

  • ROE %: 11.14% (50% below median its 10-year median of 22.19)
  • GF Value™: NT$148.49 vs. price of NT$86.10 (42% below fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 66.5% above the Construction median (#983 of 1738)

No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HD Renewable Energy Co Business Description

Address No. 35, Dexing West Road, 5th Floor, Shilin District, Taipei, TWN, 111
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
80GF Score

Get the complete analysis for TPE:6873

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

NT$86.10
Price
NT$148.49
GF Value