Shenzhen Expressway's (HKG:548) Earnings Offer More Than Meets The Eye
Apr 01
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Hong Kong (HSI) Highways and Railtracks Industry Analysis
UpdatedApr 14, 2026
DataAggregated Company Financials
Companies10
- 7D1.1%
- 3M5.4%
- 1Y11.5%
- YTDn/a
In the last week, the Highways and Railtracks industry is up 1.1%, with Zhejiang Expressway up 3.1%. Meanwhile, Shenzhen Expressway actually underperformed within the industry, shrinking 6.4% in the last week. In the last 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 6.8% annually.
Industry Valuation and Performance
Has the Hong Kong Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 14 Apr 2026 | HK$190.8b | HK$96.5b | HK$18.8b | 9.8x | 10.1x | 2x |
| Thu, 12 Mar 2026 | HK$195.0b | HK$100.6b | HK$20.0b | 9.2x | 9.7x | 1.9x |
| Sat, 07 Feb 2026 | HK$197.7b | HK$99.6b | HK$19.8b | 9.2x | 10x | 2x |
| Mon, 05 Jan 2026 | HK$190.7b | HK$98.7b | HK$19.6b | 8.7x | 9.7x | 1.9x |
| Wed, 03 Dec 2025 | HK$197.1b | HK$97.8b | HK$19.4b | 9.3x | 10.1x | 2x |
| Fri, 31 Oct 2025 | HK$198.9b | HK$96.2b | HK$19.4b | 8.8x | 10.3x | 2.1x |
| Sun, 28 Sep 2025 | HK$189.4b | HK$96.6b | HK$19.3b | 8.2x | 9.8x | 2x |
| Tue, 26 Aug 2025 | HK$222.9b | HK$110.9b | HK$21.7b | 9x | 10.3x | 2x |
| Thu, 24 Jul 2025 | HK$233.7b | HK$110.2b | HK$21.5b | 8.9x | 10.9x | 2.1x |
| Sat, 21 Jun 2025 | HK$237.7b | HK$109.9b | HK$21.4b | 8.6x | 11.1x | 2.2x |
| Mon, 19 May 2025 | HK$221.5b | HK$109.1b | HK$21.3b | 8.2x | 10.4x | 2x |
| Wed, 16 Apr 2025 | HK$221.9b | HK$104.5b | HK$20.7b | 8.2x | 10.7x | 2.1x |
| Fri, 14 Mar 2025 | HK$206.9b | HK$103.3b | HK$20.8b | 8.9x | 10x | 2x |
| Sun, 09 Feb 2025 | HK$200.3b | HK$103.0b | HK$20.7b | 8.6x | 9.7x | 1.9x |
| Tue, 07 Jan 2025 | HK$208.9b | HK$102.5b | HK$20.6b | 8.9x | 10.1x | 2x |
| Thu, 05 Dec 2024 | HK$197.7b | HK$103.2b | HK$20.8b | 8.3x | 9.5x | 1.9x |
| Sat, 02 Nov 2024 | HK$189.5b | HK$105.0b | HK$21.0b | 8.1x | 9x | 1.8x |
| Mon, 30 Sep 2024 | HK$193.8b | HK$107.0b | HK$21.6b | 8x | 9x | 1.8x |
| Wed, 28 Aug 2024 | HK$194.9b | HK$101.4b | HK$20.7b | 7.9x | 9.4x | 1.9x |
| Fri, 26 Jul 2024 | HK$186.9b | HK$101.0b | HK$20.4b | 7.9x | 9.2x | 1.9x |
| Sun, 23 Jun 2024 | HK$187.4b | HK$100.6b | HK$20.3b | 8.4x | 9.2x | 1.9x |
| Tue, 21 May 2024 | HK$187.6b | HK$100.9b | HK$20.4b | 8.6x | 9.2x | 1.9x |
| Thu, 18 Apr 2024 | HK$186.0b | HK$101.0b | HK$20.6b | 7.5x | 9x | 1.8x |
| Sat, 16 Mar 2024 | HK$181.2b | HK$90.4b | HK$20.2b | 7.8x | 9x | 2x |
| Mon, 12 Feb 2024 | HK$178.3b | HK$89.9b | HK$20.1b | 7.5x | 8.9x | 2x |
| Wed, 10 Jan 2024 | HK$175.9b | HK$90.7b | HK$20.2b | 7.5x | 8.7x | 1.9x |
| Fri, 08 Dec 2023 | HK$154.9b | HK$90.6b | HK$20.1b | 6.9x | 7.7x | 1.7x |
| Sun, 05 Nov 2023 | HK$155.2b | HK$88.7b | HK$19.7b | 7.1x | 7.9x | 1.8x |
| Tue, 03 Oct 2023 | HK$157.2b | HK$87.7b | HK$19.7b | 7.1x | 8x | 1.8x |
| Thu, 31 Aug 2023 | HK$154.3b | HK$89.8b | HK$20.1b | 7x | 7.7x | 1.7x |
| Sat, 29 Jul 2023 | HK$160.8b | HK$85.6b | HK$19.1b | 7.5x | 8.4x | 1.9x |
| Mon, 26 Jun 2023 | HK$155.6b | HK$85.7b | HK$19.1b | 7.1x | 8.1x | 1.8x |
| Wed, 24 May 2023 | HK$165.0b | HK$86.9b | HK$19.4b | 7.6x | 8.5x | 1.9x |
| Fri, 21 Apr 2023 | HK$163.7b | HK$87.2b | HK$18.7b | 7.5x | 8.8x | 1.9x |
Price to Earnings Ratio
8.8x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Highways and Railtracks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.3x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Highways and Railtracks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Hong Kong Highways and Railtracks compare with similar industries?
| HK Market | 1.79% | |
| Industrials | 3.93% | |
| Infrastructure | 2.62% | |
| Highways and Railtracks | 1.07% | |
| Marine Ports and Services | 4.11% | |
| Airport Services | -0.054% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 576 Zhejiang Expressway | HK$7.78 | 4.4% +HK$2.0b | 18.6% | PE7.7x | |
| 177 Jiangsu Expressway | HK$10.34 | 2.3% +HK$1.2b | 6.9% | PE9.9x | |
| 107 Sichuan Expressway | HK$5.67 | 4.8% +HK$795.1m | 36.6% | PE10x | |
| 152 Shenzhen International Holdings | HK$7.27 | 1.5% +HK$268.8m | -7.0% | PE7.9x | |
| 1052 Yuexiu Transport Infrastructure | HK$4.13 | 2.7% +HK$184.0m | 20.1% | PE11.3x |
