Shenzhen ExpresswaySHZNF 67 ROA % is 2.90% as of Mar. 2026, which is 20% below its 10-year median of 3.64. GuruFocus rates SHZNF with a GF Score™ of 67/100 and a GF Value™ of $1.10. The stock has 7 warning signs investors should review. Among 1,782 Construction companies, Shenzhen Expressway ranks worse than 59.09% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shenzhen Expressway's annualizedNet Income for the quarter that ended in Mar. 2026 was $296 Mil.
Shenzhen Expressway's average Total Assets over the quarter that ended in Mar. 2026 was $10,210 Mil. Therefore, Shenzhen Expressway's annualized ROA % for the quarter that ended in Mar. 2026 was 2.90%.
The historical rank and industry rank for Shenzhen Expressway's ROA % or its related term are showing as below:
SHZNF'
s ROA % Range Over the Past 10 Years
Min: 1.65 Med: 3.64 Max: 8.07
Current: 1.65
During the past 13 years, Shenzhen Expressway's highest ROA % was 8.07%. The lowest was 1.65%. And the median was 3.64%.
SHZNF's ROA % is ranked worse than 59.09% of 1782
companies
in the Construction industry
Industry Median: 2.79
vs SHZNF: 1.65
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Shenzhen Expressway ROA % Related Terms
Shenzhen Expressway ROA % Historical Data
* Premium members only.
The historical data trend for Shenzhen Expressway's ROA % 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.
For the Infrastructure Operations subindustry, Shenzhen Expressway's ROA %, along with its competitors' market caps and ROA % 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 Expressway ROA % vs Construction Industry
For the Construction industry and Industrials sector, Shenzhen Expressway's ROA % distribution charts can be found below:
* The bar in red indicates where Shenzhen Expressway's ROA % falls into.
* 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Shenzhen Expressway (SHZNF) has a ROA % of 2.90% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Shenzhen Expressway and its competitors. This is 20% below median its historical median of 3.64. Over the past decade, Shenzhen Expressway's ROA % has ranged from 1.65 to 8.07. According to the industry distribution chart, Shenzhen Expressway ranks #1053 out of 1782 companies in the Construction industry, placing it in the top 59.1%.
Is Shenzhen Expressway's ROA % too high?
Shenzhen Expressway's current ROA % of 2.90% is 20% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 8.07. The Construction industry median ROA % is 2.79. Shenzhen Expressway's value of 2.90% is 3.9% above this industry median. Based on the distribution chart, Shenzhen Expressway ranks #1053 out of 1782 companies in the Construction industry, which is below the industry midpoint. Overall, Shenzhen Expressway has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Expressway's ROA % compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #1053 out of 1782 companies for ROA %. This places Shenzhen Expressway in the lower half of its industry. The industry median ROA % is 2.79. Shenzhen Expressway's value of 2.90% is 3.9% above this benchmark. Historically, Shenzhen Expressway's own ROA % has ranged from 1.65 to 8.07 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 2.79, Shenzhen Expressway 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 ROA % for a Construction company?
The median ROA % among Construction companies is 2.79, based on 1,782 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Expressway's current ROA % of 2.90% is 3.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Shenzhen Expressway and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current ROA % is 2.90%, which is 20% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Expressway stock overvalued right now?
Shenzhen Expressway (SHZNF) has a current ROA % of 2.90%. The stock's GF Value™ is $1.10, compared to a current price of $0.95 — trading 13.7% below its estimated fair value. The current ROA % is 2.90%, which is 20% below median its 10-year median of 3.64 and 3.9% above the Construction industry median of 2.79. Shenzhen Expressway's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Shenzhen Expressway (SHZNF), the current ROA % is 2.90% 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 Expressway (SHZNF) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Expressway stock appears to be undervalued.
The current stock price of $0.95 is trading 13.7% below its estimated GF Value™ of $1.10.
Key valuation signals for SHZNF:
ROA %: 2.90% (20% below median its 10-year median of 3.64)
GF Value™: $1.10 vs. price of $0.95 (13.7% below fair value)
Industry Position: 3.9% above the Construction median (#1053 of 1782)
No single metric tells the full story. See the SHZNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Expressway Corp Ltd is engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. The Group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the toll road segment.
67GF Score
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