Smart City Development Holdings (HKSE:08268) ROE % Adjusted to Book Value: -22.75% (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:08268 Smart City Development Holdings Ltd HKSE:08268
39 GF Score
Price HK$0.19
GF Value HK$0.37
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Smart City Development Holdings ROE % Adjusted to Book Value?

Smart City Development Holdings HKSE:08268 -10.38% 39 ROE % Adjusted to Book Value is -22.75% as of Mar. 2026. GuruFocus rates HKSE:08268 with a GF Score™ of 39/100 and a GF Value™ of HK$0.37 (Possible Value Trap). The stock has 6 warning signs investors should review.

Smart City Development Holdings's ROE % for the quarter that ended in Mar. 2026 was -26.85%. Smart City Development Holdings's PB Ratio for the quarter that ended in Mar. 2026 was 1.18. Smart City Development Holdings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -22.75%.


Smart City Development Holdings ROE % Adjusted to Book Value Related Terms


Smart City Development Holdings ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Smart City Development Holdings's ROE % Adjusted to Book Value 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.

Smart City Development Holdings ROE % Adjusted to Book Value Chart

Smart City Development Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.79 -9.63 -24.25 -18.33 -18.87

Smart City Development Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value 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 -38.85 -13.56 -26.83 -15.36 -22.75

HKSE:08268 vs PWR, FIX, EME: ROE % Adjusted to Book Value Comparison

For the Engineering & Construction subindustry, Smart City Development Holdings's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Smart City Development Holdings ROE % Adjusted to Book Value vs Construction Industry

For the Construction industry and Industrials sector, Smart City Development Holdings's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Smart City Development Holdings's ROE % Adjusted to Book Value falls into.


HKSE:08268
39GF Score
Smart City Development Holdings Ltd HKSE:08268
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart City Development Holdings ROE % Adjusted to Book Value Calculation

Smart City Development Holdings's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-22.27% / 1.18
=-18.87%

Smart City Development Holdings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-26.85% / 1.18
=-22.75%

* 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.

What does a ROE % Adjusted to Book Value of -22.75% mean?
Smart City Development Holdings (HKSE:08268) has a ROE % Adjusted to Book Value of -22.75% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Smart City Development Holdings and its competitors.
Is Smart City Development Holdings' ROE % Adjusted to Book Value too high?
Smart City Development Holdings' current ROE % Adjusted to Book Value is -22.75%. Overall, Smart City Development Holdings has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Smart City Development Holdings' ROE % Adjusted to Book Value compare to PWR and FIX?
Smart City Development Holdings' ROE % Adjusted to Book Value of -22.75% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Construction company?
A good ROE % Adjusted to Book Value depends on the Construction industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Smart City Development Holdings and its competitors. Smart City Development Holdings's current ROE % Adjusted to Book Value is -22.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart City Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart City Development Holdings (HKSE:08268) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.19 — trading 48.6% below its estimated fair value. The current ROE % Adjusted to Book Value is -22.75%. Smart City Development Holdings' overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Smart City Development Holdings (HKSE:08268), the current ROE % Adjusted to Book Value is -22.75% 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 Smart City Development Holdings (HKSE:08268) Overvalued in 2026?

Based on GuruFocus' analysis, Smart City Development Holdings stock appears to be undervalued. The current stock price of HK$0.19 is trading 48.6% below its estimated GF Value™ of HK$0.37. GuruFocus considers Smart City Development Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08268:

  • ROE % Adjusted to Book Value: -22.75%
  • GF Value™: HK$0.37 vs. price of HK$0.19 (48.6% below fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart City Development Holdings Business Description

Address No. 57 Hung To Road, 11th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
Smart City Development Holdings Ltd is involved in securities investment, money lending, property investment and construction business sectors. The company has four segments: the construction segment, which is the key revenue-generating business, involves various processes including, building construction works, electrical and mechanical engineering works and fitting-out works; the securities investment segment is engaged in investment in securities; the property investment business segment is engaged in the holding of investment properties; and the money lending business segment. It has a business presence in Hong Kong and Mainland China.
39GF Score

Get the complete analysis for HKSE:08268

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

HK$0.19
Price
HK$0.37
GF Value