SHZNF (Shenzhen Expressway) ROCE %: 6.32% (As of Mar. 2026)


SHZNF Shenzhen Expressway Corp Ltd SHZNF
67 GF Score
Price $0.95
GF Value $1.10
! 7 Warning Signs
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What is Shenzhen Expressway ROCE %?

Shenzhen Expressway SHZNF 67 ROCE % is 6.32% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Shenzhen Expressway's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.32%.

Shenzhen Expressway  (OTCPK:SHZNF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Shenzhen Expressway ROCE % Related Terms

Shenzhen Expressway ROCE % Historical Data

* Premium members only.

The historical data trend for Shenzhen Expressway's ROCE % 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 Expressway ROCE % Chart

Shenzhen Expressway Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 6.81 8.69 4.02 4.72

Shenzhen Expressway Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 6.02 5.57 6.14 -0.53 6.32
SHZNF
67GF Score
Shenzhen Expressway Corp Ltd SHZNF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Expressway ROCE % Calculation

Shenzhen Expressway's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=355.979/( ( (9279.057 - 1946.969) + (10121.699 - 2385.184) )/ 2 )
=355.979/( (7332.088+7736.515)/ 2 )
=355.979/7534.3015
=4.72 %

Shenzhen Expressway's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=496.044/( ( (10121.699 - 2385.184) + (10297.502 - 2330.994) )/ 2 )
=496.044/( ( 7736.515 + 7966.508 )/ 2 )
=496.044/7851.5115
=6.32 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.32% mean?
Shenzhen Expressway (SHZNF) has a ROCE % of 6.32% as of Mar. 2026.
Is Shenzhen Expressway's ROCE % too high?
Shenzhen Expressway's current ROCE % is 6.32%. The Construction industry median ROCE % is 8.22. Shenzhen Expressway's value of 6.32% is 23.1% below this industry median. 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 ROCE % compare to competitors?
Shenzhen Expressway's ROCE % of 6.32% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Shenzhen Expressway's value of 6.32% is 23.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Expressway's current ROCE % of 6.32% is 23.1% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current ROCE % is 6.32%. 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 ROCE % of 6.32%. 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 ROCE % is 6.32% and 23.1% below the Construction industry median of 8.22. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Shenzhen Expressway (SHZNF), the current ROCE % is 6.32% 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:

  • ROCE %: 6.32%
  • GF Value™: $1.10 vs. price of $0.95 (13.7% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 23.1% below the Construction median

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 Business Description

Address Shennan Avenue, No. 9968, Hanking Centre, 46th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
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

Get the complete analysis for SHZNF

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

$0.95
Price
$1.10
GF Value