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Shenzhen Expressway SZSC:548 Stock Report

Last Price

HK$7.28

Market Cap

HK$25.4b

7D

2.7%

1Y

15.4%

Updated

28 Dec, 2024

Data

Company Financials +

Shenzhen Expressway Corporation Limited

SZSC:548 Stock Report

Market Cap: HK$25.4b

548 Stock Overview

Primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transportation infrastructure in the People’s Republic of China. More details

548 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health1/6
Dividends5/6

Rewards

Trading at 26.9% below our estimate of its fair value

Earnings are forecast to grow 14.09% per year

Earnings grew by 40.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Shenzhen Expressway Corporation Limited Competitors

Zhejiang Expressway

SEHK:576

HK$33.3b

Shenzhen International Holdings

SEHK:152

HK$16.9b

Anhui Expressway

SEHK:995

HK$26.3b

Sichuan Expressway

SEHK:107

HK$15.1b

Price History & Performance

Summary of share price highs, lows and changes for Shenzhen Expressway
Historical stock prices
Current Share PriceHK$7.28
52 Week HighHK$8.10
52 Week LowHK$5.96
Beta0.60
1 Month Change4.30%
3 Month Change4.75%
1 Year Change15.37%
3 Year Change-3.58%
5 Year Change-37.99%
Change since IPO2.39%

Recent News & Updates

Recent updates

Shareholder Returns

548HK InfrastructureHK Market
7D2.7%3.2%2.1%
1Y15.4%22.1%17.6%

Return vs Industry: 548 underperformed the Hong Kong Infrastructure industry which returned 22.1% over the past year.

Return vs Market: 548 underperformed the Hong Kong Market which returned 17.6% over the past year.

Price Volatility

Is 548's price volatile compared to industry and market?
548 volatility
548 Average Weekly Movement3.8%
Infrastructure Industry Average Movement5.4%
Market Average Movement8.6%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market3.9%

Stable Share Price: 548 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 548's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19967,062Xiang Wen Liaowww.sz-expressway.com

Shenzhen Expressway Corporation Limited, together with its subsidiaries, primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transportation infrastructure in the People’s Republic of China. It operates through Toll Road; Environmental Protection; and Others segments. The company offers recovery and solid waste management; clean energy power generation; construction management and highways operation management services for government and other enterprises; project development, road operation and maintenance, construction consulting, and industrial financial services, etc.; entrusted management, advertising, finance leasing, and construction services under franchised arrangement services; property development and management; and electronic toll collection and clearing systems and services.

Shenzhen Expressway Corporation Limited Fundamentals Summary

How do Shenzhen Expressway's earnings and revenue compare to its market cap?
548 fundamental statistics
Market capHK$25.41b
Earnings (TTM)HK$2.30b
Revenue (TTM)HK$9.34b

6.9x

P/E Ratio

1.7x

P/S Ratio

Is 548 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
548 income statement (TTM)
RevenueCN¥8.78b
Cost of RevenueCN¥5.87b
Gross ProfitCN¥2.92b
Other ExpensesCN¥754.74m
EarningsCN¥2.16b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 22, 2025

Earnings per share (EPS)0.99
Gross Margin33.21%
Net Profit Margin24.62%
Debt/Equity Ratio118.9%

How did 548 perform over the long term?

See historical performance and comparison

Dividends

8.0%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 03:13
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shenzhen Expressway Corporation Limited is covered by 37 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick XuBarclays
Mandy QuBofA Global Research
Yichao HanChangjiang Securities Co. LTD.