Margins

SRV's profitability margins have been significantly impacted by various cost factors, with a notable increase in operating expenses, particularly in the use of materials and services, which has had a substantial drag on the company's bottom line. Additionally, the company's employee benefit expenses have also risen, contributing to the erosion of its profitability margins. Furthermore, the depreciation and appreciation of investments has also had a negative impact on SRV's profitability, although the extent of this effect is less pronounced compared to the other cost factors.

Solvency

The SRV Equity Ratio in Q2 2026 is 19.1%. Looking ahead to Q4 2027 (e), there is a slight increase expected, reaching 19.5%. Over the long term, the company's Equity Ratio has averaged 21.4% over the past five years.

Gearing

In Q2 2026, the SRV gearing is -69.9%, indicating a significant level of debt. Looking ahead, the gearing is expected to worsen, reaching -163.4% by Q4 2027 (e), suggesting a substantial increase in debt levels. The five-year average gearing is -86.8%, highlighting a consistent trend of high debt levels over this period.

Return on Equity and Assets

The SRV ROE in Q2 2026 is 2.5%, indicating a strong return on equity for the company during that quarter. Looking ahead, the ROE is expected to remain stable at 2.5% until Q4 2027 (e), with a notable exception being a slight dip in the estimate for Q4 2027 (e) itself. The five-year average ROE is 0.9%, suggesting a relatively low and stable return on equity over the long term.

The SRV ROA in Q2 2026 is 0.5%. Looking ahead, there is a possibility that it may remain stable at 0.5% till Q4 2027 (e), although a slight increase is also a possibility. The five-year average ROA is 0.2%.

Asset Turnover Ratio

Asset Turnover Ratio is calculated as revenue / total assets.