Here's What To Make Of Shenzhen Expressway's (HKG:548) Decelerating Rates Of Return
Jan 20
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Hong Kong (HSI) Highways and Railtracks Industry Analysis
UpdatedJan 26, 2026
DataAggregated Company Financials
Companies10
- 7D2.4%
- 3M-0.2%
- 1Y17.8%
- YTDn/a
In the last week, the Highways and Railtracks industry is up 2.4%, with Jiangsu Expressway up 4.1%. During this same period, the Freetech Road Recycling Technology (Holdings) underperformed, falling 8.2%. This takes the industry's 12 month performance to a gain of 18%. Earnings are forecast to grow by 6.4% 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 |
|---|---|---|---|---|---|---|
| Mon, 26 Jan 2026 | HK$188.0b | HK$99.1b | HK$19.7b | 8.7x | 9.5x | 1.9x |
| Wed, 24 Dec 2025 | HK$191.9b | HK$98.1b | HK$19.5b | 9.2x | 9.8x | 2x |
| Fri, 21 Nov 2025 | HK$200.2b | HK$97.2b | HK$19.3b | 9.1x | 10.4x | 2.1x |
| Sun, 19 Oct 2025 | HK$196.5b | HK$96.6b | HK$19.3b | 8.8x | 10.2x | 2x |
| Tue, 16 Sep 2025 | HK$214.5b | HK$104.9b | HK$21.2b | 8.8x | 10.1x | 2x |
| Thu, 14 Aug 2025 | HK$225.7b | HK$110.0b | HK$21.5b | 9x | 10.5x | 2.1x |
| Sat, 12 Jul 2025 | HK$233.8b | HK$110.0b | HK$21.5b | 9x | 10.9x | 2.1x |
| Mon, 09 Jun 2025 | HK$230.4b | HK$109.8b | HK$21.4b | 8.6x | 10.8x | 2.1x |
| Wed, 07 May 2025 | HK$220.4b | HK$108.3b | HK$21.1b | 8.3x | 10.4x | 2x |
| Fri, 04 Apr 2025 | HK$218.0b | HK$106.1b | HK$20.4b | 8.9x | 10.7x | 2.1x |
| Sun, 02 Mar 2025 | HK$209.9b | HK$103.0b | HK$20.7b | 8.8x | 10.1x | 2x |
| Tue, 28 Jan 2025 | HK$205.6b | HK$103.4b | HK$20.8b | 8.7x | 9.9x | 2x |
| Thu, 26 Dec 2024 | HK$205.5b | HK$102.7b | HK$20.7b | 9x | 10x | 2x |
| Sat, 23 Nov 2024 | HK$189.2b | HK$103.4b | HK$20.8b | 8x | 9.1x | 1.8x |
| Mon, 21 Oct 2024 | HK$196.4b | HK$106.3b | HK$21.4b | 8.2x | 9.2x | 1.8x |
| Wed, 18 Sep 2024 | HK$183.8b | HK$106.2b | HK$21.4b | 7.7x | 8.6x | 1.7x |
| Fri, 16 Aug 2024 | HK$194.0b | HK$101.5b | HK$20.4b | 8.1x | 9.5x | 1.9x |
| Sun, 14 Jul 2024 | HK$187.4b | HK$100.8b | HK$20.3b | 8.2x | 9.2x | 1.9x |
| Tue, 11 Jun 2024 | HK$188.5b | HK$100.9b | HK$20.4b | 8.2x | 9.3x | 1.9x |
| Thu, 09 May 2024 | HK$181.6b | HK$101.2b | HK$20.4b | 8x | 8.9x | 1.8x |
| Sat, 06 Apr 2024 | HK$175.9b | HK$101.0b | HK$20.6b | 7.6x | 8.5x | 1.7x |
| Mon, 04 Mar 2024 | HK$185.9b | HK$89.6b | HK$20.0b | 8x | 9.3x | 2.1x |
| Wed, 31 Jan 2024 | HK$176.7b | HK$90.5b | HK$20.3b | 7.4x | 8.7x | 2x |
| Fri, 29 Dec 2023 | HK$165.6b | HK$91.1b | HK$20.3b | 7x | 8.2x | 1.8x |
| Sun, 26 Nov 2023 | HK$154.0b | HK$90.2b | HK$20.1b | 6.9x | 7.7x | 1.7x |
| Tue, 24 Oct 2023 | HK$152.1b | HK$87.5b | HK$19.6b | 6.9x | 7.7x | 1.7x |
| Thu, 21 Sep 2023 | HK$157.9b | HK$87.7b | HK$19.7b | 7.1x | 8x | 1.8x |
| Sat, 19 Aug 2023 | HK$157.2b | HK$84.9b | HK$19.0b | 7.8x | 8.3x | 1.9x |
| Mon, 17 Jul 2023 | HK$158.6b | HK$85.9b | HK$19.2b | 7.2x | 8.3x | 1.8x |
| Wed, 14 Jun 2023 | HK$161.6b | HK$85.9b | HK$19.2b | 7.2x | 8.4x | 1.9x |
| Fri, 12 May 2023 | HK$172.3b | HK$88.1b | HK$19.8b | 7.6x | 8.7x | 2x |
| Sun, 09 Apr 2023 | HK$157.4b | HK$87.3b | HK$18.8b | 7.1x | 8.4x | 1.8x |
| Tue, 07 Mar 2023 | HK$163.7b | HK$90.9b | HK$21.2b | 5.4x | 7.7x | 1.8x |
| Thu, 02 Feb 2023 | HK$163.7b | HK$92.8b | HK$21.7b | 5.8x | 7.5x | 1.8x |
Price to Earnings Ratio
7.5x
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 9.2x.
- 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 declined 3.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.2% 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, which has decreased profits.
Industry Comparison
How does Hong Kong Highways and Railtracks compare with similar industries?
| HK Market | -0.21% | |
| Industrials | 2.29% | |
| Infrastructure | 1.44% | |
| Highways and Railtracks | 2.36% | |
| Airport Services | 0.81% | |
| Marine Ports and Services | 0.73% | |
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 | |
|---|---|---|---|---|---|
| 177 Jiangsu Expressway | HK$9.99 | 6.4% +HK$3.0b | 19.2% | PE9.6x | |
| 576 Zhejiang Expressway | HK$6.88 | 2.5% +HK$1.0b | 22.6% | PE6.7x | |
| 548 Shenzhen Expressway | HK$7.34 | 4.1% +HK$736.0m | 12.6% | PE13.4x | |
| 152 Shenzhen International Holdings | HK$8.76 | 2.3% +HK$488.7m | 23.7% | PE7.9x | |
| 107 Sichuan Expressway | HK$5.17 | 1.4% +HK$214.1m | 55.3% | PE8.6x |
