Shenzhen Investment (SHSC:604) - Stock Price, News & Analysis

604 Stock Overview

An investment holding company, invests in, develops, and manages real estate properties in Mainland China.

604 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	0/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 20.8% below our estimate of its fair value

Revenue is forecast to grow 21.35% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Earnings have declined by 42.3% per year over past 5 years

Dividend of 8.57% is not well covered by earnings

Shenzhen Investment Limited Competitors

Great Eagle Holdings

SEHK:41

HK$9.4b

Shoucheng Holdings

SEHK:697

HK$10.5b

Gemdale Properties and Investment

SEHK:535

HK$4.8b

Kerry Properties

SEHK:683

HK$23.7b

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen Investment
Historical stock prices
Current Share Price	HK$1.05
52 Week High	HK$1.58
52 Week Low	HK$0.91
Beta	0.86
1 Month Change	11.70%
3 Month Change	0%
1 Year Change	-29.05%
3 Year Change	-61.25%
5 Year Change	-62.63%
Change since IPO	-53.54%

Recent updates

Shareholder Returns

	604	HK Real Estate	HK Market
7D	6.1%	2.2%	4.1%
1Y	-29.1%	-24.1%	-2.2%

Return vs Industry: 604 underperformed the Hong Kong Real Estate industry which returned -24.1% over the past year.

Return vs Market: 604 underperformed the Hong Kong Market which returned -2.2% over the past year.

Price Volatility

Is 604's price volatile compared to industry and market?
604 volatility
604 Average Weekly Movement	4.0%
Real Estate Industry Average Movement	7.6%
Market Average Movement	7.5%
10% most volatile stocks in HK Market	15.2%
10% least volatile stocks in HK Market	3.7%

Stable Share Price: 604 has not had significant price volatility in the past 3 months.

Volatility Over Time: 604's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	20,445	Yuwen Wang	www.shenzheninvestment.com

Shenzhen Investment Limited, an investment holding company, invests in, develops, and manages real estate properties in Mainland China. It operates through five segments: Property Development, Property Investment, Property Management, Manufacture, and Others. The company invests in and develops residential and commercial properties; invests in commercial properties; manages properties; and manufactures and sells industrial products.

Shenzhen Investment Limited Fundamentals Summary

How do Shenzhen Investment's earnings and revenue compare to its market cap?
604 fundamental statistics
Market cap	HK$9.34b
Earnings (TTM)	-HK$261.40m
Revenue (TTM)	HK$15.83b

0.6x

P/S Ratio

-35.7x

P/E Ratio

Is 604 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
604 income statement (TTM)
Revenue	HK$15.83b
Cost of Revenue	HK$10.72b
Gross Profit	HK$5.11b
Other Expenses	HK$5.37b
Earnings	-HK$261.40m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.029
Gross Margin	32.28%
Net Profit Margin	-1.65%
Debt/Equity Ratio	139.7%

How did 604 perform over the long term?

See historical performance and comparison

Dividends

8.6%

Current Dividend Yield

-306%

Payout Ratio

Does 604 pay a reliable dividends?

See 604 dividend history and benchmarks

When do you need to buy 604 by to receive an upcoming dividend?
Shenzhen Investment dividend dates
Ex Dividend Date	Jun 04 2024
Dividend Pay Date	Jul 08 2024
Days until Ex dividend	20 days
Days until Dividend pay date	54 days

Does 604 pay a reliable dividends?

See 604 dividend history and benchmarks

604 Stock Overview

Rewards

Risk Analysis

Shenzhen Investment Limited Competitors

SEHK:41

HK$9.4b

SEHK:697

HK$10.5b

SEHK:535

HK$4.8b

SEHK:683

HK$23.7b

Price History & Performance

Recent News & Updates

Now 21% undervalued

Final dividend reduced to HK$0.07

Shenzhen Investment Limited, Annual General Meeting, May 31, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: HK$0.029 loss per share (vs HK$0.23 profit in FY 2022)

Shenzhen Investment Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 08 July, 2024

Recent updates

Now 21% undervalued

Final dividend reduced to HK$0.07

Shenzhen Investment Limited, Annual General Meeting, May 31, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: HK$0.029 loss per share (vs HK$0.23 profit in FY 2022)

Shenzhen Investment Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 08 July, 2024

Shenzhen Investment Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Upcoming dividend of HK$0.02 per share at 11% yield

First half 2023 earnings released: HK$0.013 loss per share (vs HK$0.27 profit in 1H 2022)

Shenzhen Investment Limited Announces Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2023, Payable on 13 October 2023

Shenzhen Investment Limited to Report First Half, 2023 Results on Aug 30, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of HK$0.12 per share at 10% yield

Full year 2022 earnings released: EPS: HK$0.23 (vs HK$0.31 loss in FY 2021)

Shenzhen Investment Limited Announces Executive Changes

Now 20% undervalued after recent price drop

Less than half of directors are independent

Upcoming dividend of HK$0.03 per share

First half 2022 earnings released: EPS: HK$0 (vs HK$0.16 in 1H 2021)

Shenzhen Investment Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on October 14, 2022

Shenzhen Investment Limited to Report First Half, 2022 Results on Aug 26, 2022

Upcoming dividend of HK$0.08 per share

Full year 2021 earnings released: HK$0.31 loss per share (vs HK$0.42 profit in FY 2020)

Less than half of directors are independent

Shenzhen Investment Limited, Annual General Meeting, May 31, 2022

Full year 2021 earnings released: HK$0.31 loss per share (vs HK$0.42 profit in FY 2020)

Shenzhen Investment Limited Proposes Final Dividend for the Year Ended December 31, 2021, Payable on July 8, 2022

Less than half of directors are independent

Shenzhen Investment Limited Provides Consolidated Earnings Guidance for the Fiscal Year 2021

Investor sentiment deteriorated over the past week

First half 2021 earnings released: EPS HK$0.16 (vs HK$0.037 in 1H 2020)

Executive Director Shichao Liu has left the company

Upcoming dividend of HK$0.11 per share

Full year 2020 earnings released: EPS HK$0.42 (vs HK$0.47 in FY 2019)

Full year 2020 earnings released: EPS HK$0.42 (vs HK$0.47 in FY 2019)

Shenzhen Investment Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

China Literature Limited (SEHK:772), Baidu, Inc. (NasdaqGS:BIDU) and Shenzhen Investment Limited (SEHK:604) signed an agreement to acquire 15% stake in COL Digital Publishing Group Co., Ltd. (SZSE:300364) from its shareholders for approximately CNY 600 million

New 90-day high: HK$2.69

Market bids up stock over the past week

New 90-day low: HK$2.31

First half earnings released

Shenzhen Investment Limited Announces Resignation of Wu Jiesi as Non-Executive Director

First half earnings released

Shenzhen Investment Limited to Report First Half, 2020 Results on Aug 27, 2020

Shareholder Returns

Price Volatility

About the Company

Shenzhen Investment Limited Fundamentals Summary

0.6x

-35.7x

Earnings & Revenue

Dividends

8.6%

-306%