Shenzhen Expressway Corporation Limited Logo

Shenzhen Expressway Corporation Limited

0548.HK

(2.0)
Stock Price

6,65 HKD

3.47% ROA

6.67% ROE

9.81x PER

Market Cap.

18.070.141.663,36 HKD

145.79% DER

8.03% Yield

15.68% NPM

Shenzhen Expressway Corporation Limited Stock Analysis

Shenzhen Expressway Corporation Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Shenzhen Expressway Corporation Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.68x), the stock offers substantial upside potential at a bargain price.

2 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

3 ROE

ROE in an average range (6.67%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (3.47%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (26), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 DER

The company has a high debt to equity ratio (146%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Shenzhen Expressway Corporation Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Shenzhen Expressway Corporation Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Shenzhen Expressway Corporation Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Shenzhen Expressway Corporation Limited Revenue
Year Revenue Growth
1998 388.704.504
1999 450.805.447 13.78%
2000 515.395.592 12.53%
2001 604.518.644 14.74%
2002 646.127.966 6.44%
2003 598.137.201 -8.02%
2004 705.775.574 15.25%
2005 911.481.595 22.57%
2006 1.191.926.292 23.53%
2007 1.103.454.571 -8.02%
2008 1.063.061.574 -3.8%
2009 1.441.673.547 26.26%
2010 2.302.386.377 37.38%
2011 2.951.619.057 22%
2012 3.134.623.093 5.84%
2013 3.279.281.057 4.41%
2014 3.620.357.480 9.42%
2015 3.420.578.335 -5.84%
2016 4.532.209.157 24.53%
2017 4.836.620.834 6.29%
2018 5.807.108.032 16.71%
2019 6.185.825.112 6.12%
2020 8.026.737.100 22.93%
2021 10.871.924.009 26.17%
2022 9.372.582.547 -16%
2023 8.985.633.099 -4.31%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Shenzhen Expressway Corporation Limited Research and Development Expenses
Year Research and Development Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 18.474.814 100%
2020 58.693.734 68.52%
2021 60.572.086 3.1%
2022 46.477.238 -30.33%
2023 23.557.591 -97.29%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Shenzhen Expressway Corporation Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 34.942.332
1999 41.846.703 16.5%
2000 46.292.536 9.6%
2001 53.314.105 13.17%
2002 74.600.684 28.53%
2003 98.525.397 24.28%
2004 74.691.381 -31.91%
2005 52.678.068 -41.79%
2006 98.414.855 46.47%
2007 50.232.391 -95.92%
2008 54.012.629 7%
2009 67.719.230 20.24%
2010 23.121.032 -192.89%
2011 30.370.314 23.87%
2012 26.933.372 -12.76%
2013 23.115.780 -16.52%
2014 25.996.995 11.08%
2015 47.602.007 45.39%
2016 48.786.245 2.43%
2017 46.407.216 -5.13%
2018 42.222.353 -9.91%
2019 64.230.831 34.26%
2020 72.934.860 11.93%
2021 98.869.603 26.23%
2022 99.333.673 0.47%
2023 1.018.768.757 90.25%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Shenzhen Expressway Corporation Limited EBITDA
Year EBITDA Growth
1998 323.055.726
1999 374.632.280 13.77%
2000 459.925.112 18.54%
2001 554.982.344 17.13%
2002 552.067.297 -0.53%
2003 1.138.504.638 51.51%
2004 715.850.637 -59.04%
2005 805.873.854 11.17%
2006 902.195.523 10.68%
2007 1.101.553.777 18.1%
2008 997.771.073 -10.4%
2009 1.266.894.148 21.24%
2010 1.920.331.556 34.03%
2011 2.415.233.513 20.49%
2012 2.363.101.093 -2.21%
2013 2.699.167.390 12.45%
2014 4.473.089.626 39.66%
2015 3.675.077.285 -21.71%
2016 3.427.766.006 -7.21%
2017 4.218.997.101 18.75%
2018 4.815.549.003 12.39%
2019 5.082.786.809 5.26%
2020 5.275.976.653 3.66%
2021 6.103.691.259 13.56%
2022 6.171.572.336 1.1%
2023 4.445.191.287 -38.84%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Shenzhen Expressway Corporation Limited Gross Profit
Year Gross Profit Growth
1998 299.052.061
1999 347.717.720 14%
2000 410.926.155 15.38%
2001 450.043.388 8.69%
2002 481.873.736 6.61%
2003 460.233.758 -4.7%
2004 549.413.804 16.23%
2005 704.984.966 22.07%
2006 919.092.631 23.3%
2007 764.788.929 -20.18%
2008 617.683.942 -23.82%
2009 735.098.056 15.97%
2010 1.201.200.179 38.8%
2011 1.769.085.480 32.1%
2012 1.623.890.837 -8.94%
2013 1.753.083.764 7.37%
2014 1.915.101.543 8.46%
2015 1.741.830.726 -9.95%
2016 1.999.277.840 12.88%
2017 2.337.978.401 14.49%
2018 2.948.896.100 20.72%
2019 2.686.286.953 -9.78%
2020 2.812.220.087 4.48%
2021 3.791.478.160 25.83%
2022 3.018.986.285 -25.59%
2023 3.759.566.810 19.7%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Shenzhen Expressway Corporation Limited Net Profit
Year Net Profit Growth
1998 293.837.957
1999 323.597.461 9.2%
2000 343.638.005 5.83%
2001 401.936.897 14.5%
2002 351.353.919 -14.4%
2003 852.037.109 58.76%
2004 484.564.033 -75.84%
2005 485.043.276 0.1%
2006 559.244.876 13.27%
2007 673.601.826 16.98%
2008 503.194.685 -33.87%
2009 540.218.648 6.85%
2010 745.806.531 27.57%
2011 875.146.105 14.78%
2012 684.526.702 -27.85%
2013 719.691.617 4.89%
2014 2.186.883.365 67.09%
2015 1.552.656.397 -40.85%
2016 1.169.353.231 -32.78%
2017 1.426.402.801 18.02%
2018 3.440.050.607 58.54%
2019 2.499.484.976 -37.63%
2020 2.054.523.306 -21.66%
2021 2.606.254.756 21.17%
2022 2.014.112.457 -29.4%
2023 2.438.497.579 17.4%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Shenzhen Expressway Corporation Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 100%
2015 1 0%
2016 1 0%
2017 1 0%
2018 2 100%
2019 1 0%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Shenzhen Expressway Corporation Limited Free Cashflow
Year Free Cashflow Growth
1998 -223.371.348
1999 -615.376.349 63.7%
2000 87.927.886 799.86%
2001 314.218.684 72.02%
2002 135.295.146 -132.25%
2003 236.153.873 42.71%
2004 216.041.415 -9.31%
2005 219.828.080 1.72%
2006 316.350.251 30.51%
2007 -2.561.658.622 112.35%
2008 -1.751.393.775 -46.26%
2009 -249.030.370 -603.29%
2010 662.058.233 137.61%
2011 635.131.565 -4.24%
2012 985.173.509 35.53%
2013 1.150.655.406 14.38%
2014 1.480.852.693 22.3%
2015 1.643.150.675 9.88%
2016 1.744.519.452 5.81%
2017 1.726.566.289 -1.04%
2018 2.112.676.279 18.28%
2019 141.654.861 -1391.43%
2020 -1.383.277.675 110.24%
2021 143.128.010 1066.46%
2022 1.278.005.375 88.8%
2023 598.612.614 -113.49%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Shenzhen Expressway Corporation Limited Operating Cashflow
Year Operating Cashflow Growth
1998 330.300.944
1999 383.605.644 13.9%
2000 431.475.129 11.09%
2001 575.216.016 24.99%
2002 441.196.398 -30.38%
2003 431.491.389 -2.25%
2004 511.542.703 15.65%
2005 645.099.532 20.7%
2006 1.004.875.684 35.8%
2007 811.724.076 -23.8%
2008 945.871.572 14.18%
2009 779.944.975 -21.27%
2010 1.617.361.849 51.78%
2011 1.508.130.603 -7.24%
2012 1.530.654.667 1.47%
2013 1.761.224.786 13.09%
2014 1.793.755.282 1.81%
2015 1.771.505.130 -1.26%
2016 2.126.610.026 16.7%
2017 2.660.705.790 20.07%
2018 3.222.228.583 17.43%
2019 1.751.428.675 -83.98%
2020 1.100.633.933 -59.13%
2021 3.941.530.768 72.08%
2022 3.369.490.111 -16.98%
2023 1.089.363.268 -209.31%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Shenzhen Expressway Corporation Limited Capital Expenditure
Year Capital Expenditure Growth
1998 553.672.292
1999 998.981.993 44.58%
2000 343.547.242 -190.78%
2001 260.997.332 -31.63%
2002 305.901.252 14.68%
2003 195.337.516 -56.6%
2004 295.501.289 33.9%
2005 425.271.453 30.51%
2006 688.525.434 38.23%
2007 3.373.382.698 79.59%
2008 2.697.265.348 -25.07%
2009 1.028.975.346 -162.13%
2010 955.303.617 -7.71%
2011 872.999.038 -9.43%
2012 545.481.159 -60.04%
2013 610.569.380 10.66%
2014 312.902.589 -95.13%
2015 128.354.456 -143.78%
2016 382.090.574 66.41%
2017 934.139.501 59.1%
2018 1.109.552.304 15.81%
2019 1.609.773.814 31.07%
2020 2.483.911.608 35.19%
2021 3.798.402.758 34.61%
2022 2.091.484.736 -81.61%
2023 490.750.654 -326.18%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Shenzhen Expressway Corporation Limited Equity
Year Equity Growth
1998 3.941.032.058
1999 4.143.687.519 4.89%
2000 4.285.683.617 3.31%
2001 5.070.546.337 15.48%
2002 5.160.312.772 1.74%
2003 5.952.865.584 13.31%
2004 6.023.099.836 1.17%
2005 6.269.421.377 3.93%
2006 6.591.828.870 4.89%
2007 7.275.144.391 9.39%
2008 7.004.892.600 -3.86%
2009 8.177.489.880 14.34%
2010 8.648.826.938 5.45%
2011 9.204.417.053 6.04%
2012 9.536.486.092 3.48%
2013 9.974.420.429 4.39%
2014 11.797.581.861 15.45%
2015 12.368.892.973 4.62%
2016 12.674.475.959 2.41%
2017 13.618.079.671 6.93%
2018 19.539.752.727 30.31%
2019 20.723.272.260 5.71%
2020 26.279.109.884 21.14%
2021 27.771.776.340 5.37%
2022 27.360.907.950 -1.5%
2023 27.230.117.783 -0.48%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Shenzhen Expressway Corporation Limited Assets
Year Assets Growth
1998 4.904.438.836
1999 5.393.891.421 9.07%
2000 5.930.040.414 9.04%
2001 6.995.999.210 15.24%
2002 6.922.502.651 -1.06%
2003 7.105.308.871 2.57%
2004 7.518.609.525 5.5%
2005 9.927.504.043 24.26%
2006 10.194.622.563 2.62%
2007 15.199.598.168 32.93%
2008 18.205.663.956 16.51%
2009 22.208.708.939 18.02%
2010 22.616.647.066 1.8%
2011 24.608.792.702 8.1%
2012 24.209.125.042 -1.65%
2013 22.840.107.480 -5.99%
2014 24.329.324.209 6.12%
2015 31.670.655.088 23.18%
2016 32.384.844.447 2.21%
2017 37.473.826.543 13.58%
2018 41.100.850.328 8.82%
2019 44.923.734.272 8.51%
2020 55.144.962.043 18.54%
2021 60.613.494.756 9.02%
2022 69.201.468.264 12.41%
2023 67.359.514.836 -2.73%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Shenzhen Expressway Corporation Limited Liabilities
Year Liabilities Growth
1998 804.705.231
1999 1.230.021.511 34.58%
2000 1.633.084.945 24.68%
2001 1.905.105.782 14.28%
2002 1.740.036.569 -9.49%
2003 1.131.152.406 -53.83%
2004 1.473.880.888 23.25%
2005 3.635.015.750 59.45%
2006 3.602.793.693 -0.89%
2007 7.211.973.545 50.04%
2008 10.496.958.272 31.29%
2009 13.342.292.304 21.33%
2010 13.281.545.806 -0.46%
2011 14.111.405.012 5.88%
2012 13.336.209.075 -5.81%
2013 11.601.121.820 -14.96%
2014 11.209.151.614 -3.5%
2015 16.709.574.566 32.92%
2016 17.673.489.348 5.45%
2017 21.699.259.903 18.55%
2018 21.561.097.601 -0.64%
2019 24.200.462.012 10.91%
2020 28.865.852.159 16.16%
2021 32.841.718.416 12.11%
2022 41.840.560.314 21.51%
2023 40.129.397.053 -4.26%

Shenzhen Expressway Corporation Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3.87
Net Income per Share
0.61
Price to Earning Ratio
9.81x
Price To Sales Ratio
1.99x
POCF Ratio
6.06
PFCF Ratio
52.38
Price to Book Ratio
0.65
EV to Sales
5.04
EV Over EBITDA
13.71
EV to Operating CashFlow
19.87
EV to FreeCashFlow
133.01
Earnings Yield
0.1
FreeCashFlow Yield
0.02
Market Cap
18,07 Bil.
Enterprise Value
45,88 Bil.
Graham Number
11.15
Graham NetNet
-14.42

Income Statement Metrics

Net Income per Share
0.61
Income Quality
6.99
ROE
0.07
Return On Assets
0.02
Return On Capital Employed
0.04
Net Income per EBT
0.74
EBT Per Ebit
0.96
Ebit per Revenue
0.22
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.34
Operating Profit Margin
0.22
Pretax Profit Margin
0.21
Net Profit Margin
0.16

Dividends

Dividend Yield
0.08
Dividend Yield %
8.03
Payout Ratio
1.8
Dividend Per Share
0.52

Operating Metrics

Operating Cashflow per Share
0.98
Free CashFlow per Share
0.15
Capex to Operating CashFlow
-0.85
Capex to Revenue
-0.22
Capex to Depreciation
0
Return on Invested Capital
0.03
Return on Tangible Assets
0.03
Days Sales Outstanding
91.65
Days Payables Outstanding
147.47
Days of Inventory on Hand
81.95
Receivables Turnover
3.98
Payables Turnover
2.48
Inventory Turnover
4.45
Capex per Share
-0.84

Balance Sheet

Cash per Share
1,63
Book Value per Share
9,11
Tangible Book Value per Share
0.41
Shareholders Equity per Share
9.11
Interest Debt per Share
13.8
Debt to Equity
1.46
Debt to Assets
0.46
Net Debt to EBITDA
8.31
Current Ratio
0.39
Tangible Asset Value
0,97 Bil.
Net Current Asset Value
-31,92 Bil.
Invested Capital
1.46
Working Capital
-12,75 Bil.
Intangibles to Total Assets
0.39
Average Receivables
2,30 Bil.
Average Payables
2,53 Bil.
Average Inventory
1356421270.31
Debt to Market Cap
1.73

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Shenzhen Expressway Corporation Limited Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

Shenzhen Expressway Corporation Limited Profile

About Shenzhen Expressway Corporation Limited

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 transport infrastructure in the People's Republic of China. The company provides construction management and highways operation management services for government and other enterprises, as well as project development and management, advertising, construction consulting, inter-network toll collection, and financial services; and billboard leasing, advertising agency, and design production and related services. It also invests in industries and project construction; and offers property management, real estate development, and engineering consulting services. In addition, the company provides infrastructure construction, environment protection construction, equipment manufacturing, capital market, apartment rental and management, environmental technology development consultation, land development, architecture and engineering, and environmental projects and advisory services. It operated and invested in 17 toll highway projects. The company was incorporated in 1996 and is based in Shenzhen, the People's Republic of China. Shenzhen Expressway Corporation Limited is a subsidiary of Shenzhen International Holdings Limited.

CEO
Mr. Xiang Wen Liao
Employee
7.279
Address
Hanking Center Tower
Shenzhen, 518057

Shenzhen Expressway Corporation Limited Executives & BODs

Shenzhen Expressway Corporation Limited Executives & BODs
# Name Age
1 Mr. Xiang Wen Liao
President & Interim Executive Chair
70
2 Ms. Zheng Zheng
General Manager of Investor Relations Department
70
3 Xiaojun Li
Head of Accounting Department
70
4 Ms. Zhao Gui Ping
Chief Financial Officer & Joint Company Secretary
70
5 Mr. De Liang Wen
Vice President
70
6 Mr. Po Wei Wen
Vice President
70
7 Ms. Bi Nan Huang
Deputy Administrative Officer & Vice President
70
8 Mr. Shou Yi Chen
Chief Engineer
70
9 Mr. Liang Wen
Financial Controller & Executive Director
70
10 Mr. Meng Du
Vice President
70

Shenzhen Expressway Corporation Limited Competitors