SZNTF (Shenzhen Investment) EBIT: $-52 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SZNTF Shenzhen Investment Ltd SZNTF
56 GF Score
Price $0.10
GF Value $0.31
! 7 Warning Signs
View Full Analysis

What is Shenzhen Investment EBIT?

Shenzhen Investment SZNTF 56 EBIT is $-52 Mil as of Dec. 2025. GuruFocus rates SZNTF with a GF Score™ of 56/100 and a GF Value™ of $0.31. The stock has 7 warning signs investors should review.

Shenzhen Investment's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Investment's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Shenzhen Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.89%.


Shenzhen Investment  (OTCPK:SZNTF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Shenzhen Investment's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=289.814 * ( 1 - 100% )/( (14527.326 + 14208.993)/ 2 )
=0/14368.1595
=0.00 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21383.23 - 6229.571 - ( 626.333 - max(0, 11394.077 - 14493.108+626.333))
=14527.326

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=18584.211 - 3266.342 - ( 1108.876 - max(0, 8360.587 - 11304.28+1108.876))
=14208.993

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Shenzhen Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=195.508/( ( (863.166 + max(3094.51, 0)) + (1086.063 + max(3037.622, 0)) )/ 2 )
=195.508/( ( 3957.676 + 4123.685 )/ 2 )
=195.508/4040.6805
=4.84 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(158.34 + 11587.248 + 1454.304) - (6229.571 + 0 + 3875.811)
=3094.51

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(199.418 + 8786.858 + 520.182) - (3266.342 + 0 + 3202.494)
=3037.622

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shenzhen Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-52.05/5873.412
=-0.89 %

* 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.


Shenzhen Investment EBIT Related Terms


Shenzhen Investment EBIT Historical Data

* Premium members only.

The historical data trend for Shenzhen Investment's EBIT 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.

Shenzhen Investment EBIT Chart

Shenzhen Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 562.30 1,071.07 386.80 71.95 -53.36

Shenzhen Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT 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 245.88 -28.63 100.72 -149.80 97.75

Shenzhen Investment EBIT Competitor Comparison

For the Real Estate - Development subindustry, Shenzhen Investment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Investment EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment's EV-to-EBIT falls into.


SZNTF
56GF Score
Shenzhen Investment Ltd SZNTF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Investment EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-52 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-52 Mil mean?
Shenzhen Investment (SZNTF) has a EBIT of $-52 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shenzhen Investment.
Is Shenzhen Investment's EBIT too high?
Shenzhen Investment's current EBIT is $-52 Mil. Overall, Shenzhen Investment has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Investment's EBIT compare to competitors?
Shenzhen Investment's EBIT of $-52 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shenzhen Investment. Shenzhen Investment's current EBIT is $-52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Investment stock overvalued right now?
Shenzhen Investment (SZNTF) has a current EBIT of $-52 Mil. The stock's GF Value™ is $0.31, compared to a current price of $0.10 — trading 69.3% below its estimated fair value. The current EBIT is $-52 Mil. Shenzhen Investment's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Shenzhen Investment (SZNTF), the current EBIT is $-52 Mil 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 Investment (SZNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Investment stock appears to be undervalued. The current stock price of $0.10 is trading 69.3% below its estimated GF Value™ of $0.31.

Key valuation signals for SZNTF:

  • EBIT: $-52 Mil
  • GF Value™: $0.31 vs. price of $0.10 (69.3% below fair value)
  • GF Score™: 56/100 with 7 warning signs

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


Shenzhen Investment Business Description

Other Exchanges 00604:Hong KongSHS:Germany
Address 9 Science Museum Road, 8th Floor, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Shenzhen Investment Ltd is a general real estate company. The company reports five core segments: property development, property investment, property management, manufacture, and others. The company generates the vast majority of its revenue from its property development operations, followed by property management. The property development segment develops residential, industrial, and commercial properties. The company generates all of its revenue in Mainland China.
56GF Score

Get the complete analysis for SZNTF

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

$0.10
Price
$0.31
GF Value