Shenzhen Expressway Corporation Limited Logo

Shenzhen Expressway Corporation Limited

600548.SS

(1.8)
Stock Price

10,51 CNY

5.19% ROA

10.83% ROE

10.63x PER

Market Cap.

20.491.739.676,00 CNY

201.95% DER

5.19% Yield

24.38% 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 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

2 ROE

The stock's ROE falls within an average range (6.67%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (3.47%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.07x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

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

Warren Buffett's formula suggests that the company's stock is undervalued (41), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 DER

The stock is burdened with a heavy load of debt (146%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

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

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased 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 Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

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 450.805.446 13.78%
2000 515.395.591 12.53%
2001 604.518.644 14.74%
2002 646.127.966 6.44%
2003 598.137.200 -8.02%
2004 705.775.573 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 2.951.619.056 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 4.532.209.156 24.53%
2017 4.836.620.833 6.29%
2018 5.807.108.031 16.71%
2019 6.185.825.111 6.12%
2020 8.026.737.099 22.93%
2021 10.871.924.008 26.17%
2022 9.372.582.546 -16%
2023 8.985.633.099 -4.31%
2023 9.295.304.371 3.33%
2024 6.837.657.612 -35.94%

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 58.693.733 68.52%
2021 60.572.086 3.1%
2022 46.477.237 -30.33%
2023 23.557.591 -97.29%
2023 33.476.802 29.63%
2024 30.266.612 -10.61%

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 41.846.702 16.5%
2000 46.292.536 9.6%
2001 53.314.105 13.17%
2002 74.600.684 28.53%
2003 98.525.396 24.28%
2004 74.691.380 -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 23.121.031 -192.89%
2011 30.370.313 23.87%
2012 26.933.372 -12.76%
2013 23.115.779 -16.52%
2014 25.996.994 11.08%
2015 47.602.007 45.39%
2016 48.786.245 2.43%
2017 46.407.215 -5.13%
2018 42.222.352 -9.91%
2019 64.230.831 34.26%
2020 72.934.859 11.93%
2021 98.869.603 26.23%
2022 99.333.672 0.47%
2023 1.018.768.757 90.25%
2023 95.978.405 -961.46%
2024 -231.915.625 141.39%

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 374.632.279 13.77%
2000 459.925.111 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 805.873.853 11.17%
2006 902.195.522 10.68%
2007 1.101.553.777 18.1%
2008 997.771.073 -10.4%
2009 1.266.894.147 21.24%
2010 1.920.331.556 34.03%
2011 2.415.233.513 20.49%
2012 2.363.101.092 -2.21%
2013 2.699.167.389 12.45%
2014 4.473.089.625 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 5.082.786.808 5.26%
2020 5.275.976.653 3.66%
2021 6.103.691.258 13.56%
2022 6.171.572.335 1.1%
2023 4.445.191.287 -38.84%
2023 6.513.286.607 31.75%
2024 4.226.875.876 -54.09%

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 347.717.719 14%
2000 410.926.154 15.38%
2001 450.043.388 8.69%
2002 481.873.736 6.61%
2003 460.233.758 -4.7%
2004 549.413.803 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 1.769.085.479 32.1%
2012 1.623.890.837 -8.94%
2013 1.753.083.764 7.37%
2014 1.915.101.544 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 2.812.220.086 4.48%
2021 3.791.478.160 25.83%
2022 3.018.986.285 -25.59%
2023 3.759.566.810 19.7%
2023 3.345.920.628 -12.36%
2024 2.711.942.884 -23.38%

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 484.564.032 -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 745.806.530 27.57%
2011 875.146.104 14.78%
2012 684.526.701 -27.85%
2013 719.691.617 4.89%
2014 2.186.883.365 67.09%
2015 1.552.656.397 -40.85%
2016 1.169.353.230 -32.78%
2017 1.426.402.801 18.02%
2018 3.440.050.607 58.54%
2019 2.499.484.975 -37.63%
2020 2.054.523.306 -21.66%
2021 2.613.119.318 21.38%
2022 2.016.496.533 -29.59%
2023 2.438.497.579 17.31%
2023 2.327.197.196 -4.78%
2024 1.211.592.796 -92.08%

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%
2023 1 0%
2024 1 0%

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 -223.371.349
1999 -615.376.350 63.7%
2000 87.927.885 799.86%
2001 314.218.684 72.02%
2002 135.295.146 -132.25%
2003 236.153.872 42.71%
2004 216.041.414 -9.31%
2005 219.828.079 1.72%
2006 316.350.250 30.51%
2007 -2.561.658.622 112.35%
2008 -1.751.393.776 -46.26%
2009 -249.030.371 -603.29%
2010 662.058.232 137.61%
2011 635.131.564 -4.24%
2012 985.173.508 35.53%
2013 1.150.655.405 14.38%
2014 1.480.852.692 22.3%
2015 1.643.150.674 9.88%
2016 1.744.519.451 5.81%
2017 1.726.566.288 -1.04%
2018 2.112.676.278 18.28%
2019 141.654.860 -1391.43%
2020 -1.383.277.675 110.24%
2021 143.128.009 1066.46%
2022 1.278.005.374 88.8%
2023 598.612.614 -113.49%
2023 2.000.869.922 70.08%
2024 681.928.658 -193.41%

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 330.300.943
1999 383.605.643 13.9%
2000 431.475.128 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 3.222.228.582 17.43%
2019 1.751.428.675 -83.98%
2020 1.100.633.933 -59.13%
2021 3.941.530.767 72.08%
2022 3.369.490.111 -16.98%
2023 1.089.363.268 -209.31%
2023 4.094.812.227 73.4%
2024 1.111.414.699 -268.43%

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%
2023 2.093.942.304 76.56%
2024 429.486.041 -387.55%

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 4.099.733.604
1999 4.163.869.910 1.54%
2000 4.296.955.469 3.1%
2001 5.090.893.428 15.6%
2002 5.182.466.082 1.77%
2003 5.974.156.464 13.25%
2004 6.044.728.636 1.17%
2005 6.292.488.292 3.94%
2006 6.591.828.869 4.54%
2007 7.987.624.622 17.47%
2008 7.708.705.682 -3.62%
2009 8.866.416.634 13.06%
2010 9.335.101.259 5.02%
2011 10.497.387.689 11.07%
2012 10.872.915.966 3.45%
2013 11.238.985.660 3.26%
2014 13.120.172.594 14.34%
2015 14.961.080.521 12.3%
2016 14.711.355.099 -1.7%
2017 15.774.566.639 6.74%
2018 19.539.752.727 19.27%
2019 20.723.272.259 5.71%
2020 26.279.109.882 21.14%
2021 27.771.776.338 5.37%
2022 27.360.907.949 -1.5%
2023 27.998.681.985 2.28%
2023 27.230.117.783 -2.82%
2024 23.249.149.868 -17.12%

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 4.904.438.835
1999 5.393.891.421 9.07%
2000 5.930.040.413 9.04%
2001 6.995.999.210 15.24%
2002 6.922.502.651 -1.06%
2003 7.105.308.870 2.57%
2004 7.518.609.524 5.5%
2005 9.927.504.042 24.26%
2006 10.194.622.562 2.62%
2007 15.199.598.168 32.93%
2008 18.205.663.955 16.51%
2009 22.208.708.939 18.02%
2010 22.616.647.065 1.8%
2011 24.608.792.701 8.1%
2012 24.209.125.042 -1.65%
2013 22.840.107.479 -5.99%
2014 24.329.324.209 6.12%
2015 31.670.655.088 23.18%
2016 32.384.844.447 2.21%
2017 37.473.826.542 13.58%
2018 41.100.850.328 8.82%
2019 44.923.734.271 8.51%
2020 55.144.962.042 18.54%
2021 60.613.494.756 9.02%
2022 69.201.468.263 12.41%
2023 67.507.469.090 -2.51%
2023 67.359.514.836 -0.22%
2024 66.186.942.172 -1.77%

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 804.705.230
1999 1.230.021.510 34.58%
2000 1.633.084.944 24.68%
2001 1.905.105.782 14.28%
2002 1.740.036.569 -9.49%
2003 1.131.152.405 -53.83%
2004 1.473.880.887 23.25%
2005 3.635.015.750 59.45%
2006 3.602.793.693 -0.89%
2007 7.211.973.544 50.04%
2008 10.496.958.272 31.29%
2009 13.342.292.303 21.33%
2010 13.281.545.805 -0.46%
2011 14.111.405.011 5.88%
2012 13.336.209.075 -5.81%
2013 11.601.121.819 -14.96%
2014 11.209.151.613 -3.5%
2015 16.709.574.566 32.92%
2016 17.673.489.347 5.45%
2017 21.699.259.902 18.55%
2018 21.561.097.600 -0.64%
2019 24.200.462.012 10.91%
2020 28.865.852.158 16.16%
2021 32.841.718.416 12.11%
2022 41.840.560.313 21.51%
2023 39.508.787.105 -5.9%
2023 40.129.397.053 1.55%
2024 42.598.459.584 5.8%

Shenzhen Expressway Corporation Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.08
Net Income per Share
1
Price to Earning Ratio
10.63x
Price To Sales Ratio
2.3x
POCF Ratio
5.67
PFCF Ratio
11.63
Price to Book Ratio
1.31
EV to Sales
6.05
EV Over EBITDA
11.78
EV to Operating CashFlow
13.24
EV to FreeCashFlow
30.6
Earnings Yield
0.09
FreeCashFlow Yield
0.09
Market Cap
20,49 Bil.
Enterprise Value
53,93 Bil.
Graham Number
13.48
Graham NetNet
-16.9

Income Statement Metrics

Net Income per Share
1
Income Quality
1.88
ROE
0.11
Return On Assets
0.03
Return On Capital Employed
0.06
Net Income per EBT
0.91
EBT Per Ebit
0.83
Ebit per Revenue
0.32
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.32
Pretax Profit Margin
0.27
Net Profit Margin
0.24

Dividends

Dividend Yield
0.05
Dividend Yield %
5.19
Payout Ratio
0.82
Dividend Per Share
0.55

Operating Metrics

Operating Cashflow per Share
1.87
Free CashFlow per Share
0.81
Capex to Operating CashFlow
0.57
Capex to Revenue
0.26
Capex to Depreciation
1.56
Return on Invested Capital
0.04
Return on Tangible Assets
0.05
Days Sales Outstanding
118.53
Days Payables Outstanding
144.09
Days of Inventory on Hand
81.65
Receivables Turnover
3.08
Payables Turnover
2.53
Inventory Turnover
4.47
Capex per Share
1.06

Balance Sheet

Cash per Share
1,34
Book Value per Share
10,82
Tangible Book Value per Share
-0.36
Shareholders Equity per Share
8.11
Interest Debt per Share
16.91
Debt to Equity
2.02
Debt to Assets
0.54
Net Debt to EBITDA
7.31
Current Ratio
0.49
Tangible Asset Value
-0,78 Bil.
Net Current Asset Value
-35,19 Bil.
Invested Capital
24083112123
Working Capital
-7,69 Bil.
Intangibles to Total Assets
0.37
Average Receivables
2,49 Bil.
Average Payables
2,31 Bil.
Average Inventory
1318623952.5
Debt to Market Cap
1.74

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
2002 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 0 0%
2020 1 0%
2021 0 0%
2022 1 0%
2023 0 0%
2024 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
7.062
Address
Hanking Center Tower
Shenzhen, 518057

Shenzhen Expressway Corporation Limited Executives & BODs

Shenzhen Expressway Corporation Limited Executives & BODs
# Name Age
1 Mr. Shou Yi Chen
Chief Engineer
70
2 Ms. Zhao Gui Ping
Chief Financial Officer, Chief Accountant & Joint Company Secretary
70
3 Mr. Hai Yao
Executive Director
70
4 Mr. Liang Wen
Financial Controller & Executive Director
70
5 Mr. Po Wei Wen
Vice President
70
6 Mr. De Liang Wen
Vice President
70
7 Ms. Yuen Ling Lam FCIS, FCS
Joint Company Secretary
70
8 Ms. Bi Nan Huang
Deputy Administrative Officer & Vice President
70
9 Mr. Meng Du
Vice President
70
10 Mr. Xiang Wen Liao
President & Interim Executive Chair
70

Shenzhen Expressway Corporation Limited Competitors