Shing Chi Holdings (HKSE:01741) Return-on-Tangible-Equity: -80.99% (As of Mar. 2026)

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.

HKSE:01741 Shing Chi Holdings Ltd HKSE:01741
49 GF Score
Price HK$0.16
GF Value HK$0.19
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shing Chi Holdings Return-on-Tangible-Equity?

Shing Chi Holdings HKSE:01741 -17.11% 49 Return-on-Tangible-Equity is -80.99% as of Mar. 2026. GuruFocus rates HKSE:01741 with a GF Score™ of 49/100 and a GF Value™ of HK$0.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,713 Construction companies, Shing Chi Holdings ranks worse than 95.45% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Shing Chi Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$-15.3 Mil. Shing Chi Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$18.9 Mil. Therefore, Shing Chi Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -80.99%.

The historical rank and industry rank for Shing Chi Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:01741' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -121.75   Med: -6.08   Max: 33.68
Current: -57.96

During the past 11 years, Shing Chi Holdings's highest Return-on-Tangible-Equity was 33.68%. The lowest was -121.75%. And the median was -6.08%.

HKSE:01741's Return-on-Tangible-Equity is ranked worse than
95.45% of 1713 companies
in the Construction industry
Industry Median: 8.21 vs HKSE:01741: -57.96

Shing Chi Holdings  (HKSE:01741) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Shing Chi Holdings Return-on-Tangible-Equity Related Terms


Shing Chi Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shing Chi Holdings's Return-on-Tangible-Equity 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.

Shing Chi Holdings Return-on-Tangible-Equity Chart

Shing Chi Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.03 -121.75 -4.40 -27.14 -41.69

Shing Chi Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity 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 -109.00 47.70 -44.61 -39.69 -80.99

HKSE:01741 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Shing Chi Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Shing Chi Holdings Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Shing Chi Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shing Chi Holdings's Return-on-Tangible-Equity falls into.


HKSE:01741
49GF Score
Shing Chi Holdings Ltd HKSE:01741
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shing Chi Holdings Return-on-Tangible-Equity Calculation

Shing Chi Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-11.972/( (34.702+22.73 )/ 2 )
=-11.972/28.716
=-41.69 %

Shing Chi Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-15.31/( (22.73+15.075)/ 2 )
=-15.31/18.9025
=-80.99 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -80.99% mean?
Shing Chi Holdings (HKSE:01741) has a Return-on-Tangible-Equity of -80.99% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shing Chi Holdings and its competitors. According to the industry distribution chart, Shing Chi Holdings ranks #1635 out of 1713 companies in the Construction industry, placing it in the top 95.4%.
Is Shing Chi Holdings' Return-on-Tangible-Equity too high?
Shing Chi Holdings' current Return-on-Tangible-Equity is -80.99%. Based on the distribution chart, Shing Chi Holdings ranks #1635 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shing Chi Holdings has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shing Chi Holdings' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Shing Chi Holdings ranks #1635 out of 1713 companies for Return-on-Tangible-Equity. This places Shing Chi Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,713 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shing Chi Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shing Chi Holdings's current Return-on-Tangible-Equity is -80.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shing Chi Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shing Chi Holdings (HKSE:01741) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.16 — trading 18.4% below its estimated fair value. The current Return-on-Tangible-Equity is -80.99%. Shing Chi Holdings' overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Shing Chi Holdings (HKSE:01741), the current Return-on-Tangible-Equity is -80.99% 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 Shing Chi Holdings (HKSE:01741) Overvalued in 2026?

Based on GuruFocus' analysis, Shing Chi Holdings stock appears to be undervalued. The current stock price of HK$0.16 is trading 18.4% below its estimated GF Value™ of HK$0.19. GuruFocus considers Shing Chi Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01741:

  • Return-on-Tangible-Equity: -80.99%
  • GF Value™: HK$0.19 vs. price of HK$0.16 (18.4% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shing Chi Holdings Business Description

Address Nos. 317-319 Des Voeux Road Central, 6th Floor, Kai Tak Commercial Building, Sheung Wan, Hong Kong, HKG
Shing Chi Holdings Ltd is an investment holding company. The company's operating segments include foundation and site formation works; general building works and associated services; other construction works; and construction-related consultancy services. It generates maximum revenue from the Foundation and site formation work segment which includes piling works, excavation and lateral support works (ELS), pile cap construction, and ground investigation works. Geographically it derives the majority of its revenue from Hong Kong.
49GF Score

Get the complete analysis for HKSE:01741

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

HK$0.16
Price
HK$0.19
GF Value