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Shenzhen International Holdings

Market Cap

HK$28.8b

Last Updated

2021/05/07 10:14 UTC

Data Sources

Company Financials +

Executive Summary

Shenzhen International Holdings Limited, an investment holding company, invests in, constructs, and operates logistic infrastructure facilities primarily in the People’s Republic of China. More Details


Snowflake Analysis

Established dividend payer with mediocre balance sheet.

Share Price & News

How has Shenzhen International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 152 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 152's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

2.0%

152

0.5%

HK Infrastructure

-1.8%

HK Market


1 Year Return

-12.8%

152

13.9%

HK Infrastructure

27.5%

HK Market

Return vs Industry: 152 underperformed the Hong Kong Infrastructure industry which returned 13.9% over the past year.

Return vs Market: 152 underperformed the Hong Kong Market which returned 27.5% over the past year.


Shareholder returns

152IndustryMarket
7 Day2.0%0.5%-1.8%
30 Day1.4%-0.06%-1.6%
90 Day5.6%5.8%-2.5%
1 Year-5.4%-12.8%21.6%13.9%32.5%27.5%
3 Year-8.1%-25.3%-10.3%-23.4%4.0%-7.0%
5 Year45.6%9.6%3.6%-18.2%60.1%32.9%

Long-Term Price Volatility Vs. Market

How volatile is Shenzhen International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shenzhen International Holdings undervalued compared to its fair value and its price relative to the market?

7.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 152 (HK$13.2) is trading above our estimate of fair value (HK$7.49)

Significantly Below Fair Value: 152 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 152 is good value based on its PE Ratio (7.2x) compared to the HK Infrastructure industry average (8.5x).

PE vs Market: 152 is good value based on its PE Ratio (7.2x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: 152's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 152 is overvalued based on its PB Ratio (0.8x) compared to the HK Infrastructure industry average (0.6x).


Future Growth

How is Shenzhen International Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 152's earnings are forecast to decline over the next 3 years (-2% per year).

Earnings vs Market: 152's earnings are forecast to decline over the next 3 years (-2% per year).

High Growth Earnings: 152's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 152's revenue (3.9% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).

High Growth Revenue: 152's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 152's Return on Equity is forecast to be low in 3 years time (9.1%).


Past Performance

How has Shenzhen International Holdings performed over the past 5 years?

20.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 152 has a large one-off gain of HK$4.9B impacting its December 31 2020 financial results.

Growing Profit Margin: 152's current net profit margins (20.6%) are lower than last year (29.9%).


Past Earnings Growth Analysis

Earnings Trend: 152's earnings have grown significantly by 20.8% per year over the past 5 years.

Accelerating Growth: 152's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 152 had negative earnings growth (-20.2%) over the past year, making it difficult to compare to the Infrastructure industry average (7%).


Return on Equity

High ROE: 152's Return on Equity (10.3%) is considered low.


Financial Health

How is Shenzhen International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 152's short term assets (HK$39.0B) exceed its short term liabilities (HK$34.0B).

Long Term Liabilities: 152's short term assets (HK$39.0B) exceed its long term liabilities (HK$20.7B).


Debt to Equity History and Analysis

Debt Level: 152's debt to equity ratio (54.8%) is considered high.

Reducing Debt: 152's debt to equity ratio has increased from 45.3% to 54.8% over the past 5 years.

Debt Coverage: 152's debt is not well covered by operating cash flow (2%).

Interest Coverage: 152's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


Dividend

What is Shenzhen International Holdings's current dividend yield, its reliability and sustainability?

7.27%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 21 2021Dividend Pay DateJun 23 202133 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 152's dividend (7.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).

High Dividend: 152's dividend (7.27%) is in the top 25% of dividend payers in the Hong Kong market (6.01%)


Stability and Growth of Payments

Stable Dividend: 152's dividend payments have been volatile in the past 10 years.

Growing Dividend: 152's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.6%), 152's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 152's dividends in 3 years are forecast to be covered by earnings (65.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Haitao Li (53 yo)

4.92yrs

Tenure

HK$1,600,000

Compensation

Mr. Haitao Li serves as Chairman of the Board at Shenzhen International Holdings Limited since May 6, 2020. Mr. Li has been Chief Executive Officer and Executive Director of Shenzhen International Holdings...


CEO Compensation Analysis

Compensation vs Market: Haitao's total compensation ($USD205.97K) is below average for companies of similar size in the Hong Kong market ($USD676.45K).

Compensation vs Earnings: Haitao's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 152's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 152's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shenzhen International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen International Holdings Limited
  • Ticker: 152
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Market Cap: HK$28.752b
  • Shares outstanding: 2.20b
  • Website: https://www.szihl.com

Number of Employees


Location

  • Shenzhen International Holdings Limited
  • Greenfield Tower
  • Rooms 2206-2208, 22nd Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings


Biography

Shenzhen International Holdings Limited, an investment holding company, invests in, constructs, and operates logistic infrastructure facilities primarily in the People’s Republic of China. It operates thro...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 10:14
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.