Shenzhen International Holdings
Market Cap
HK$28.6b
Last Updated
2020/12/02 10:06 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
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 6.7% per year for the next 3 years
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 +/- 4% a week.
Volatility Over Time: 152's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.8%
152
1.6%
HK Infrastructure
0.4%
HK Market
1 Year Return
-21.7%
152
-11.7%
HK Infrastructure
11.0%
HK Market
Return vs Industry: 152 underperformed the Hong Kong Infrastructure industry which returned -12.7% over the past year.
Return vs Market: 152 underperformed the Hong Kong Market which returned 10.1% over the past year.
Shareholder returns
| 152 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 1.6% | 0.4% |
| 30 Day | 6.6% | 12.0% | 7.0% |
| 90 Day | 5.9% | 7.7% | 6.4% |
| 1 Year | -15.1%-21.7% | -6.2%-11.7% | 15.5%11.0% |
| 3 Year | 14.8%-6.8% | -17.8%-29.8% | 4.1%-6.8% |
| 5 Year | 30.0%-2.1% | -7.4%-27.4% | 34.9%12.3% |
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
1 day ago | Simply Wall St
Is Shenzhen International Holdings Limited's (HKG:152) Latest Stock Performance A Reflection Of Its Financial Health?1 week ago | Simply Wall St
Here's What You Should Know About Shenzhen International Holdings Limited's (HKG:152) 8.7% Dividend Yield3 weeks ago | Simply Wall St
Has Shenzhen International Holdings (HKG:152) Got What It Takes To Become A Multi-Bagger?Valuation
Is Shenzhen International Holdings undervalued compared to its fair value and its price relative to the market?
5.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 152 (HK$12.96) is trading above our estimate of fair value (HK$8.91)
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 (5.1x) compared to the HK Infrastructure industry average (9.7x).
PE vs Market: 152 is good value based on its PE Ratio (5.1x) compared to the Hong Kong market (11.1x).
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 (0.9x) compared to the HK Infrastructure industry average (0.6x).
Next Steps
Future Growth
How is Shenzhen International Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
-6.7%
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 (-6.7% per year).
Earnings vs Market: 152's earnings are forecast to decline over the next 3 years (-6.7% per year).
High Growth Earnings: 152's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 152's revenue (11.1% per year) is forecast to grow slower than the Hong Kong market (13.8% per year).
High Growth Revenue: 152's revenue (11.1% 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 (11%).
Next Steps
Past Performance
How has Shenzhen International Holdings performed over the past 5 years?
22.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 152 has a large one-off gain of HK$6.8B impacting its June 30 2020 financial results.
Growing Profit Margin: 152's current net profit margins (35.4%) are lower than last year (38.1%).
Past Earnings Growth Analysis
Earnings Trend: 152's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: 152's earnings growth over the past year (20.4%) is below its 5-year average (22.8% per year).
Earnings vs Industry: 152 earnings growth over the past year (20.4%) exceeded the Infrastructure industry -1.4%.
Return on Equity
High ROE: 152's Return on Equity (14.2%) is considered low.
Next Steps
Financial Health
How is Shenzhen International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 152's short term assets (HK$36.4B) exceed its short term liabilities (HK$21.9B).
Long Term Liabilities: 152's short term assets (HK$36.4B) exceed its long term liabilities (HK$30.0B).
Debt to Equity History and Analysis
Debt Level: 152's debt to equity ratio (68.6%) is considered high.
Reducing Debt: 152's debt to equity ratio has increased from 60.6% to 68.6% over the past 5 years.
Debt Coverage: 152's debt is not well covered by operating cash flow (9%).
Interest Coverage: 152's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Shenzhen International Holdings's current dividend yield, its reliability and sustainability?
9.03%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 152's dividend (9.03%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.18%).
High Dividend: 152's dividend (9.03%) is in the top 25% of dividend payers in the Hong Kong market (6.58%)
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 (20.8%), 152's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 152's dividends in 3 years are forecast to be covered by earnings (51.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.3yrs
Average management tenure
CEO
Hai Tao Li (53 yo)
4.5yrs
Tenure
HK$1,600,000
Compensation
Mr. Hai Tao Li serves as Chairman of the Board at Shenzhen International Holdings Limited since May 6, 2020. Mr. Li has been Chief Executive Officer and Executive Director of Shenzhen International Holding...
CEO Compensation Analysis
Compensation vs Market: Hai Tao's total compensation ($USD206.40K) is below average for companies of similar size in the Hong Kong market ($USD664.71K).
Compensation vs Earnings: Hai Tao's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 4.5yrs | HK$1.60m | 0.0017% HK$ 488.7k | |
| Chief Compliance Officer | no data | no data | no data | |
| Executive Director | 0.25yr | no data | no data | |
| Financial Controller & Executive Director | 0.25yr | no data | no data | |
| Joint Company Secretary | 0.33yr | no data | no data | |
| Joint Company Secretary | 0.33yr | no data | no data |
0.3yrs
Average Tenure
54yo
Average Age
Experienced Management: 152's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 4.5yrs | HK$1.60m | 0.0017% HK$ 488.7k | |
| Executive Director | 0.25yr | no data | no data | |
| Financial Controller & Executive Director | 0.25yr | no data | no data | |
| Independent Non-Executive Director | 0.50yr | no data | no data | |
| Non Executive Director | 3.58yrs | HK$1.56m | 0.0059% HK$ 1.7m | |
| Independent Non-Executive Director | 2.33yrs | HK$351.00k | no data | |
| Independent Non-Executive Director | 0.50yr | no data | no data |
0.5yrs
Average Tenure
55yo
Average Age
Experienced Board: 152's board of directors are not considered experienced ( 0.5 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: 1994
- Industry: Highways and Railtracks
- Sector: Transportation
- Market Cap: HK$28.577b
- Shares outstanding: 2.19b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SXYA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 152 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| SZIH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| 152 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| 152 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/02 10:06 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.