SIHBY (Shenzhen Investment Holdings Bay Area Development Co) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


SIHBY Shenzhen Investment Holdings Bay Area Development Co Ltd SIHBY
51 GF Score
Price $2.25
GF Value $2.07
Valuation Fairly Valued
! 9 Warning Signs
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What is Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity?

Shenzhen Investment Holdings Bay Area Development Co SIHBY 51 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates SIHBY with a GF Score™ of 51/100 and a GF Value™ of $2.07 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,706 Construction companies, Shenzhen Investment Holdings Bay Area Development Co ranks better than 99.94% 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. Shenzhen Investment Holdings Bay Area Development Co's annualized net income for the quarter that ended in Mar. 2026 was $74.9 Mil. Shenzhen Investment Holdings Bay Area Development Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-93.0 Mil. Therefore, Shenzhen Investment Holdings Bay Area Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Equity or its related term are showing as below:

SIHBY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.12   Med: 12.66   Max: 28.36
Current: Negative Tangible Equity

During the past 13 years, Shenzhen Investment Holdings Bay Area Development Co's highest Return-on-Tangible-Equity was 28.36%. The lowest was 7.12%. And the median was 12.66%.

SIHBY's Return-on-Tangible-Equity is ranked better than
99.94% of 1706 companies
in the Construction industry
Industry Median: 8.245 vs SIHBY: Negative Tangible Equity

Shenzhen Investment Holdings Bay Area Development Co  (OTCPK:SIHBY) 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.


Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity Related Terms


Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shenzhen Investment Holdings Bay Area Development Co'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.

Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.41 28.44 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity Competitor Comparison

For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area Development Co'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.


Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Equity falls into.


SIHBY
51GF Score
Shenzhen Investment Holdings Bay Area Development Co Ltd SIHBY
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Investment Holdings Bay Area Development Co Return-on-Tangible-Equity Calculation

Shenzhen Investment Holdings Bay Area Development Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=66.381/( (-159.959+-108.533 )/ 2 )
=66.381/-134.246
=Negative Tangible Equity %

Shenzhen Investment Holdings Bay Area Development Co'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=74.896/( (-108.533+-77.412)/ 2 )
=74.896/-92.9725
=Negative Tangible Equity %

* 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 four times the quarterly (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 Negative Tangible Equity% mean?
Shenzhen Investment Holdings Bay Area Development Co (SIHBY) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Shenzhen Investment Holdings Bay Area Development Co and its competitors. Over the past decade, Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Equity has ranged from 7.12 to 28.36. According to the industry distribution chart, Shenzhen Investment Holdings Bay Area Development Co ranks #1 out of 1706 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Shenzhen Investment Holdings Bay Area Development Co's Return-on-Tangible-Equity too high?
Shenzhen Investment Holdings Bay Area Development Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 7.12 to a high of 28.36. Based on the distribution chart, Shenzhen Investment Holdings Bay Area Development Co ranks #1 out of 1706 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Investment Holdings Bay Area Development Co has a GF Score™ of 51/100 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-Equity compare to competitors?
According to the Construction industry distribution chart, Shenzhen Investment Holdings Bay Area Development Co ranks #1 out of 1706 companies for Return-on-Tangible-Equity. This places Shenzhen Investment Holdings Bay Area Development Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Historically, Shenzhen Investment Holdings Bay Area Development Co's own Return-on-Tangible-Equity has ranged from 7.12 to 28.36 over the past decade. 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 8.25, based on 1,706 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 Shenzhen Investment Holdings Bay Area Development Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — 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-Equity is Negative Tangible Equity%. 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 $2.07, compared to a current price of $2.25 — trading 8.7% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Shenzhen Investment Holdings Bay Area Development Co's overall GF Score™ is 51/100 with 9 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 Shenzhen Investment Holdings Bay Area Development Co (SIHBY), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 8.7% above its estimated GF Value™ of $2.07. GuruFocus considers Shenzhen Investment Holdings Bay Area Development Co to be Fairly Valued.

Key valuation signals for SIHBY:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $2.07 vs. price of $2.25 (8.7% above fair value)
  • GF Score™: 51/100 with 9 warning signs

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

Address 30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
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.
51GF Score

Get the complete analysis for SIHBY

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

$2.25
Price
$2.07
GF Value