000498.SHE Shandong Hi-Speed Road&Bridge
- Market cap
- CNY 9.59B
- P/E
- 8.7x
- P/B
- 0.35x
- ROE
- 5.0%
- Dividend yield
- 22.72%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000498.SHE undervalued?
Graham number000498.SHE trades 63.3% 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?
Shandong Hi-Speed Road&Bridge fundamental analysis
No fundamental analysis for Shandong Hi-Speed Road&Bridge yet.
Shandong Hi-Speed Road&Bridge stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shandong Hi-Speed Road&Bridge
Shandong Hi-Speed Road&Bridge Group Co., Ltd. engages in the contracting business in China and internationally. The company involved in the general contracting for highways, municipal construction, buildings, water conservancy and hydropower, power construction, port and shipping, railways, and electromechanical construction. It also engages in professional construction contracting business for roadbeds, pavements, bridges, tunnels, and steel structures; and engineering surv…
Full company profileShandong Hi-Speed Road&Bridge 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.
Shandong Hi-Speed Road&Bridge 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 | 8.15B | 12.4B | 15.3B | 24.6B | 34.4B | 57.5B | 70.7B | 73.0B | 71.3B | 68.6B | 49.0B |
| Gross Profit | 1.12B | 1.46B | 1.59B | 2.31B | 3.57B | 6.77B | 8.56B | 9.44B | 9.42B | 9.85B | 7.00B |
| Operating Income | 604M | 770M | 915M | 1.09B | 1.82B | 3.39B | 4.22B | 3.73B | 3.66B | 6.04B | 4.26B |
| EBITDA | 852M | 1.05B | 1.33B | 1.65B | 2.53B | 4.70B | 5.84B | 5.47B | 5.53B | 5.78B | 3.80B |
| Net Income | 430M | 576M | 671M | 600M | 1.34B | 2.13B | 2.70B | 2.29B | 2.32B | 2.23B | 1.40B |
| EPS | 0.38 | 0.51 | 0.60 | 0.54 | 1.12 | 1.37 | 1.63 | 1.08 | 0.94 | 1.43 | 0.90 |
| Balance Sheet | |||||||||||
| Total Assets | 15.0B | 17.6B | 23.9B | 32.1B | 55.1B | 83.4B | 103B | 140B | 163B | 182B | 187B |
| Total Liabilities | 11.6B | 13.6B | 17.5B | 23.8B | 42.2B | 63.4B | 80.1B | 107B | 128B | 140B | 143B |
| Shareholders' Equity | 3.47B | 4.01B | 5.35B | 7.22B | 8.65B | 13.5B | 17.0B | 22.7B | 24.3B | 26.3B | 27.8B |
| Cash & Short-term Investments | 2.34B | 1.93B | 3.65B | 4.63B | 7.42B | 7.31B | 7.05B | 8.60B | 7.34B | 9.36B | 10.7B |
| Total Debt | 3.57B | 3.99B | 5.23B | 7.60B | 11.0B | 16.1B | 18.2B | 28.0B | 32.8B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 814M | 232M | 830M | 47.8M | 974M | -2.36B | 152M | -3.96B | -5.14B | 257M | - |
| Capital Expenditure | 81.7M | 232M | 511M | 418M | 471M | 533M | 449M | 1.57B | 111M | 1.01B | 1.28B |
| Free Cash Flow | 733M | 648K | 319M | -370M | 503M | -2.89B | -297M | -5.52B | -5.25B | -758M | -6.37B |
| Ratios | |||||||||||
| ROE | 12.4% | 14.3% | 12.6% | 8.3% | 15.5% | 15.8% | 15.9% | 10.1% | 9.6% | 8.5% | 5.0% |
| ROA | 2.9% | 3.3% | 2.8% | 1.9% | 2.4% | 2.6% | 2.6% | 1.6% | 1.4% | 1.2% | 0.7% |
| Net Profit Margin | 5.3% | 4.7% | 4.4% | 2.4% | 3.9% | 3.7% | 3.8% | 3.1% | 3.3% | 3.2% | 2.9% |
| Debt to Equity | 1.03x | 0.99x | 0.98x | 1.05x | 1.27x | 1.19x | 1.07x | 1.24x | 1.35x | - | - |
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.
Shandong Hi-Speed Road&Bridge dividends
- Dividend yield
- 22.72%
- Forward dividend
- 0.23 CNY
- Payout ratio
- 97.9%
- Ex-dividend date
- Oct 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 2.18B | 1.40 | 97.9% |
| 2024 | CNY 1.97B | 0.80 | 84.8% |
| 2023 | CNY 1.56B | 0.74 | 68.3% |
| 2022 | CNY 195M | 0.12 | 7.2% |
| 2021 | CNY 156M | 0.10 | 7.3% |
| 2020 | CNY 201M | 0.17 | 15.0% |
| 2019 | CNY 85.2M | 0.08 | 14.2% |
| 2018 | CNY 399M | 0.36 | 59.4% |
| 2017 | CNY 133M | 0.12 | 23.1% |
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: 13.4:10 on Apr 18, 2006.
Who owns Shandong Hi-Speed Road&Bridge
- Insiders 68.42%
- Institutions 0.79%
- Public & others 30.79%
- Shares outstanding 1.55B
- Free float 718M
Shandong Hi-Speed Road&Bridge company profile
- Company name
- Shandong Hi-Speed Road&Bridge
- Ticker
- 000498.SHE
- ISIN
- CNE0000009D7
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 28, 1997
- Sector
- Industrials
- Industry
- Construction & Engineering
- Employees
- 29,272
- Fiscal year end
- December
- Address
- No. 14677, Jingshi Road, Jinan, China, 250014
- Phone
- 86 53 1689 06079
- Website
- sdlqgf.com
About Shandong Hi-Speed Road&Bridge
Shandong Hi-Speed Road&Bridge Group Co., Ltd. engages in the contracting business in China and internationally. The company involved in the general contracting for highways, municipal construction, buildings, water conservancy and hydropower, power construction, port and shipping, railways, and electromechanical construction. It also engages in professional construction contracting business for roadbeds, pavements, bridges, tunnels, and steel structures; and engineering survey, mapping, design, supervision, and consulting business. The company was formerly known as Shandong Hi-Speed Road & Bridge Co., Ltd. and changed its name to Shandong Hi-Speed Road&Bridge Group Co., Ltd. in January 2021. Shandong Hi-Speed Road&Bridge Group Co., Ltd. was founded in 1948 and is based in Jinan, China.
Shandong Hi-Speed Road&Bridge management
5- Mr. Yufan WanGM & Non-Independent Director · born 1975
- Mr. Renhai PeiChief Accountant · born 1972
- Mr. Ke WangDeputy General Manager · born 1984
- Mr. Yu Chi WangDeputy General Manager · born 1978
- Mr. Chao DingDeputy General Manager · born 1981