SHZN.Y 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

SHZN.Y fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	3/6
Financial Health	1/6
Dividends	5/6

Rewards

Trading at 47.6% below our estimate of its fair value

Earnings are forecast to grow 11.29% per year

Risk Analysis

Shares are highly illiquid

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

Corporación América Airports

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ArcBest

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Avis Budget Group

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Price History & Performance

Summary of share price highs, lows and changes for Shenzhen Expressway
Historical stock prices
Current Share Price	HK$36.13
52 Week High	HK$56.08
52 Week Low	HK$36.13
Beta	0.63
1 Month Change	0%
3 Month Change	-35.57%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	-36.05%
Change since IPO	75.47%

Recent updates

Shareholder Returns

	SHZN.Y	US Infrastructure	US Market
7D	0%	-1.6%	0.6%
1Y	n/a	18.1%	23.7%

Return vs Industry: Insufficient data to determine how SHZN.Y performed against the US Infrastructure industry.

Return vs Market: Insufficient data to determine how SHZN.Y performed against the US Market.

Price Volatility

Is SHZN.Y's price volatile compared to industry and market?
SHZN.Y volatility
SHZN.Y Average Weekly Movement	n/a
Infrastructure Industry Average Movement	4.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SHZN.Y's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine SHZN.Y's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1996	7,062	Xiang Wen Liao	www.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?
SHZN.Y fundamental statistics
Market cap	US$2.73b
Earnings (TTM)	US$309.77m
Revenue (TTM)	US$1.27b

6.3x

P/E Ratio

1.5x

P/S Ratio

Is SHZN.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHZN.Y income statement (TTM)
Revenue	CN¥8.93b
Cost of Revenue	CN¥5.90b
Gross Profit	CN¥3.03b
Other Expenses	CN¥853.42m
Earnings	CN¥2.17b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.00
Gross Margin	33.89%
Net Profit Margin	24.33%
Debt/Equity Ratio	115.6%

How did SHZN.Y perform over the long term?

See historical performance and comparison

Dividends

8.8%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/29 11:45
End of Day Share Price	2024/07/02 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Patrick Xu	Barclays
Mandy Qu	BofA Global Research
Yichao Han	Changjiang Securities Co. LTD.