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SIHBY's Return-on-Tangible-Asset is ranked better than 69.72% of 1780
companies
in the Construction industry
Industry Median: 3.06
vs SIHBY: 6.23
Shenzhen Investment Holdings Bay Area Development Co (OTCPK:SIHBY) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Asset Related Terms
Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Asset Historical Data
* 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 Holdings Bay Area Development Co Return-on-Tangible-Asset Chart
Shenzhen Investment Holdings Bay Area Development Co Annual Data
Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Asset Competitor Comparison
For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Holdings Bay Area Development Co Return-on-Tangible-Asset vs Construction Industry
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.45% mean?
Shenzhen Investment Holdings Bay Area Development Co (SIHBY) has a Return-on-Tangible-Asset of 6.45% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shenzhen Investment Holdings Bay Area Development Co and its competitors. This is 19% below median its historical median of 7.95. Over the past decade, Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Asset has ranged from 3.35 to 11.98. According to the industry distribution chart, Shenzhen Investment Holdings Bay Area Development Co ranks #539 out of 1780 companies in the Construction industry, placing it in the top 30.3%.
Is Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Asset too high?
Shenzhen Investment Holdings Bay Area Development Co's current Return-on-Tangible-Asset of 6.45% is 19% below median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 11.98. The Construction industry median Return-on-Tangible-Asset is 3.06. Shenzhen Investment Holdings Bay Area Development Co's value of 6.45% is 110.8% above this industry median. Based on the distribution chart, Shenzhen Investment Holdings Bay Area Development Co ranks #539 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, Shenzhen Investment Holdings Bay Area Development Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Construction industry distribution chart, Shenzhen Investment Holdings Bay Area Development Co ranks #539 out of 1780 companies for Return-on-Tangible-Asset. This puts Shenzhen Investment Holdings Bay Area Development Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Shenzhen Investment Holdings Bay Area Development Co's value of 6.45% is 110.8% above this benchmark. Historically, Shenzhen Investment Holdings Bay Area Development Co's own Return-on-Tangible-Asset has ranged from 3.35 to 11.98 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 3.06, Shenzhen Investment Holdings Bay Area Development 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 Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Investment Holdings Bay Area Development Co's current Return-on-Tangible-Asset of 6.45% is 110.8% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shenzhen Investment Holdings Bay Area Development Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Investment Holdings Bay Area Development Co's current Return-on-Tangible-Asset is 6.45%, which is 19% below median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Investment Holdings Bay Area Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Investment Holdings Bay Area Development Co (SIHBY) is currently considered Fairly Valued. The stock's GF Value™ is $2.12, compared to a current price of $2.25 — trading 6.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.45%, which is 19% below median its 10-year median of 7.95 and 110.8% above the Construction industry median of 3.06. Shenzhen Investment Holdings Bay Area Development Co's overall GF Score™ is 50/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Shenzhen Investment Holdings Bay Area Development Co (SIHBY), the current Return-on-Tangible-Asset is 6.45% 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.
Is Shenzhen Investment Holdings Bay Area Development Co (SIHBY) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Investment Holdings Bay Area Development Co stock appears to be overvalued.
The current stock price of $2.25 is trading 6.1% above its estimated GF Value™ of $2.12.
GuruFocus considers Shenzhen Investment Holdings Bay Area Development Co to be Fairly Valued.
Key valuation signals for SIHBY:
Return-on-Tangible-Asset: 6.45% (19% below median its 10-year median of 7.95)
GF Value™: $2.12 vs. price of $2.25 (6.1% above fair value)
Industry Position: 110.8% above the Construction median (#539 of 1780)
No single metric tells the full story. See the SIHBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Investment Holdings Bay Area Development Co Business Description
Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in expressway business and adopts development strategies focusing on the infrastructure and correlated business, as well as land development and utilisation along the GS Superhighway within the Guangdong-Hong Kong-Macao Greater Bay Area in China. The company manages its business in four segments, namely the Guangzhou-Shenzhen Superhighway, the Guangzhou-Zhuhai West Superhighway, the Coastal Expressway, and the Xintang Interchange. It generates the majority of the revenue from the Guangzhou-Shenzhen Superhighway segment.
50GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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