000089.SHE Shenzhen Airport Co Ltd
- Market cap
- CNY 13.5B
- P/E
- 14.0x
- P/B
- 1.10x
- ROE
- 9.8%
- Dividend yield
- 2.52%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000089.SHE undervalued?
Graham number000089.SHE trades 17.2% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Shenzhen Airport Co Ltd fundamental analysis
No fundamental analysis for Shenzhen Airport Co Ltd yet.
Shenzhen Airport Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shenzhen Airport Co Ltd
Shenzhen Airport Co., Ltd. operates and manages Shenzhen Bao'an International Airport in China. The company engages in aviation ground support and ground handling services, including takeoff and landing and parking support, maintenance and operation management of airport flight control areas, passenger boarding, waiting and arrival/departure services, aircraft maintenance and auxiliary services, and ground handling services for air cargo. It is also involved in air logistics…
Full company profileShenzhen Airport Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Shenzhen Airport Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.04B | 3.32B | 3.60B | 3.81B | 3.00B | 3.31B | 2.67B | 4.16B | 4.74B | 5.13B | 5.38B |
| Gross Profit | 828M | 959M | 931M | 902M | 189M | 275M | -940M | 446M | 1.01B | 1.09B | 1.28B |
| Operating Income | 754M | 891M | 879M | 855M | 58.8M | -11.3M | -1.42B | 502M | 583M | 832M | 1.02B |
| EBITDA | 1.14B | 1.23B | 1.21B | 1.15B | 412M | 539M | -175M | 1.14B | 1.55B | 2.09B | 1.91B |
| Net Income | 562M | 661M | 668M | 594M | 28.1M | -34.4M | -1.12B | 397M | 443M | 525M | 1.20B |
| EPS | 0.27 | 0.32 | 0.33 | 0.29 | 0.01 | -0.02 | -0.55 | 0.19 | 0.22 | 0.26 | 0.58 |
| Balance Sheet | |||||||||||
| Total Assets | 12.5B | 13.1B | 13.5B | 14.0B | 15.1B | 26.3B | 25.1B | 24.2B | 24.2B | 24.7B | 24.4B |
| Total Liabilities | 1.76B | 1.90B | 1.80B | 1.94B | 3.18B | 14.4B | 14.4B | 13.1B | 12.8B | 13.1B | 12.1B |
| Shareholders' Equity | 10.7B | 11.2B | 11.6B | 12.1B | 11.9B | 11.9B | 10.7B | 11.1B | 11.4B | 11.6B | 12.2B |
| Cash & Short-term Investments | 2.60B | 2.63B | 2.48B | 2.58B | 1.47B | 3.16B | 1.67B | 1.84B | 2.73B | 3.29B | 3.39B |
| Total Debt | - | - | - | - | 1.37B | 10.8B | 10.7B | 10.1B | 9.47B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 1.14B | 1.08B | 1.05B | 964M | 501M | 990M | 303M | 1.15B | 1.91B | 1.84B | - |
| Capital Expenditure | 258M | 245M | 768M | 1.83B | 2.87B | 1.58B | 789M | 590M | 516M | 482M | 275M |
| Free Cash Flow | 883M | 839M | 287M | -865M | -2.37B | -586M | -486M | 561M | 1.39B | 1.35B | 2.09B |
| Ratios | |||||||||||
| ROE | 5.3% | 5.9% | 5.7% | 4.9% | 0.2% | -0.3% | -10.5% | 3.6% | 3.9% | 4.5% | 9.8% |
| ROA | 4.5% | 5.0% | 5.0% | 4.2% | 0.2% | -0.1% | -4.5% | 1.6% | 1.8% | 2.1% | 4.9% |
| Net Profit Margin | 18.5% | 19.9% | 18.6% | 15.6% | 0.9% | -1.0% | -42.1% | 9.5% | 9.3% | 10.2% | 22.2% |
| Debt to Equity | - | - | - | - | 0.12x | 0.91x | 1.00x | 0.91x | 0.83x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Shenzhen Airport Co Ltd dividends
- Dividend yield
- 2.52%
- Forward dividend
- 0.16 CNY
- Payout ratio
- 64.7%
- Ex-dividend date
- Jun 26, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 340M | 0.17 | 64.7% |
| 2024 | CNY 351M | 0.17 | 79.1% |
| 2023 | CNY 153M | 0.07 | 38.6% |
| 2022 | CNY 61.5M | 0.03 | - |
| 2021 | CNY 6.46M | 0.00 | - |
| 2020 | CNY 164M | 0.08 | 584.4% |
| 2019 | CNY 167M | 0.08 | 28.2% |
| 2018 | CNY 198M | 0.10 | 29.6% |
| 2017 | CNY 172M | 0.08 | 26.1% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.8:1 on Jun 6, 2006.
Who owns Shenzhen Airport Co Ltd
- Insiders 62.42%
- Institutions 3.85%
- Public & others 33.73%
- Shares outstanding 2.05B
- Free float 882M
Shenzhen Airport Co Ltd company profile
- Company name
- Shenzhen Airport Co Ltd
- Ticker
- 000089.SHE
- ISIN
- CNE000000VK1
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Mar 11, 1998
- Sector
- Industrials
- Industry
- Transportation Infrastructure
- Employees
- 5,698
- Fiscal year end
- December
- Address
- Building A, Shenzhen, China, 518128
- Phone
- 86 755 2345 6789
- Website
- szairport.com
About Shenzhen Airport Co Ltd
Shenzhen Airport Co., Ltd. operates and manages Shenzhen Bao'an International Airport in China. The company engages in aviation ground support and ground handling services, including takeoff and landing and parking support, maintenance and operation management of airport flight control areas, passenger boarding, waiting and arrival/departure services, aircraft maintenance and auxiliary services, and ground handling services for air cargo. It is also involved in air logistics, commercial leasing, and advertising activities; and provision of value-added logistics services, such as air cargo transit, air logistics park leasing and management, and air freight forwarding services. The company was founded in 1991 and is based in Shenzhen, China. Shenzhen Airport Co., Ltd. operates as a subsidiary of Shenzhen Airport (Group) Co., Ltd.
Shenzhen Airport Co Ltd management
8- Mr. Feng LiuGM & Director · born 1970
- Mr. Zheng Ling SunSecretary, CFO & Finance Director · born 1966
- Mr. Xinhao DingMinister of Finance & Accounting Supervisor · born 1972
- Mr. Guoping ChenDirector of Audit & Legal Affairs Department · born 1985
- Mr. Jian LiDeputy General Manager · born 1968
- Mr. Qiaojun WuDeputy General Manager · born 1978
- Mr. Wen ChangDeputy General Manager · born 1976
- Mr. Guangze DuDeputy General Manager · born 1968