SHZNF (Shenzhen Expressway) ROE %: 7.56% (As of Mar. 2026) — 26% Below Median


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 ROE %?

Shenzhen Expressway SHZNF 67 ROE % is 7.56% as of Mar. 2026, which is 26% below its 10-year median of 10.20. 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 1,743 Construction companies, Shenzhen Expressway ranks worse than 60.36% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shenzhen Expressway's annualized net income for the quarter that ended in Mar. 2026 was $296 Mil. Shenzhen Expressway's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $3,912 Mil. Therefore, Shenzhen Expressway's annualized ROE % for the quarter that ended in Mar. 2026 was 7.56%.

The historical rank and industry rank for Shenzhen Expressway's ROE % or its related term are showing as below:

SHZNF' s ROE % Range Over the Past 10 Years
Min: 4.34   Med: 10.2   Max: 22.18
Current: 4.34

During the past 13 years, Shenzhen Expressway's highest ROE % was 22.18%. The lowest was 4.34%. And the median was 10.20%.

SHZNF's ROE % is ranked worse than
60.36% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs SHZNF: 4.34

Shenzhen Expressway  (OTCPK:SHZNF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=295.576/3912.178
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(295.576 / 1021.06)*(1021.06 / 10209.6005)*(10209.6005 / 3912.178)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.95 %*0.1*2.6097
=ROA %*Equity Multiplier
=2.9 %*2.6097
=7.56 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=295.576/3912.178
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (295.576 / 390.512) * (390.512 / 344.876) * (344.876 / 1021.06) * (1021.06 / 10209.6005) * (10209.6005 / 3912.178)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7569 * 1.1323 * 33.78 % * 0.1 * 2.6097
=7.56 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Shenzhen Expressway ROE % Related Terms


Shenzhen Expressway ROE % Historical Data

* Premium members only.

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

Shenzhen Expressway Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.89 8.18 10.52 5.12 4.77

Shenzhen Expressway Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 7.83 7.18 7.55 -4.75 7.56

Shenzhen Expressway ROE % Competitor Comparison

For the Infrastructure Operations subindustry, Shenzhen Expressway's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's ROE % distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's ROE % falls into.


SHZNF
67GF Score
Shenzhen Expressway Corp Ltd SHZNF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Expressway ROE % Calculation

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=163.186/( (3008.436+3837.906)/ 2 )
=163.186/3423.171
=4.77 %

Shenzhen Expressway's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=295.576/( (3837.906+3986.45)/ 2 )
=295.576/3912.178
=7.56 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.56% mean?
Shenzhen Expressway (SHZNF) has a ROE % of 7.56% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shenzhen Expressway and its competitors. This is 26% below median its historical median of 10.20. Over the past decade, Shenzhen Expressway's ROE % has ranged from 4.34 to 22.18. According to the industry distribution chart, Shenzhen Expressway ranks #1052 out of 1743 companies in the Construction industry, placing it in the top 60.4%.
Is Shenzhen Expressway's ROE % too high?
Shenzhen Expressway's current ROE % of 7.56% is 26% below median its 10-year median of 10.20. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 22.18. The Construction industry median ROE % is 6.69. Shenzhen Expressway's value of 7.56% is 13% above this industry median. Based on the distribution chart, Shenzhen Expressway ranks #1052 out of 1743 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 ROE % compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #1052 out of 1743 companies for ROE %. This places Shenzhen Expressway in the lower half of its industry. The industry median ROE % is 6.69. Shenzhen Expressway's value of 7.56% is 13% above this benchmark. Historically, Shenzhen Expressway's own ROE % has ranged from 4.34 to 22.18 over the past decade. While the company's 10-year median is 10.20 vs. the industry median of 6.69, 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Expressway's current ROE % of 7.56% is 13% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shenzhen Expressway and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current ROE % is 7.56%, which is 26% below median its own 10-year median of 10.20. 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 ROE % of 7.56%. 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 ROE % is 7.56%, which is 26% below median its 10-year median of 10.20 and 13% above the Construction industry median of 6.69. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Shenzhen Expressway (SHZNF), the current ROE % is 7.56% 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:

  • ROE %: 7.56% (26% below median its 10-year median of 10.20)
  • GF Value™: $1.10 vs. price of $0.95 (13.7% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 13% above the Construction median (#1052 of 1743)

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

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

$0.95
Price
$1.10
GF Value